23 Pearson Ave Somerville, MA 02144
Estimated Value: $1,626,000 - $1,873,000
6
Beds
3
Baths
3,460
Sq Ft
$513/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- Wood Flooring
- Somerville High School Rated A-
- Property is near public transit
- 3-minute walk to Lexington Park
About This Home
As of June 2024OPEN HOUSES CANCELLED. Don’t miss this opportunity to own a coveted gem nestled in one of Somerville's most sought-after neighborhoods! This well maintained 3-family home enjoys a prime location within easy reach of Davis Sq, Ball Sq, Porter Sq, Somerville Community Path, Green Line T, Red Line T & Tufts Univ! Set against a backdrop of tranquil, tree-lined streets, this home has charm/character at every turn including oversized window moldings, wood floors, elegant stained glass & classic pocket doors. Modernized systems blend w/ historic charm. Outdoor living is a delight w/ driveway/garage offering 3-4 parking, lovely rear yard is ideal for hosting gatherings & handy front porch & deck. 1st & 3rd floors leases end 5/31 & 6/30, 2nd floor is empty. Boasts impressive Walkscore of 89 & Bikescore of 99. OVER 100 restaurants, cafes, bars within a mile radius! Excellent opportunity for owner-occupant, savvy investor or discerning developer!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,298
Year Built
- Built in 1910
Lot Details
- 3,484 Sq Ft Lot
- Near Conservation Area
- Fenced
- Level Lot
- Garden
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Stone
Interior Spaces
- 3,460 Sq Ft Home
- Living Room
- Home Office
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Block Basement Construction
Outdoor Features
- Deck
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $5,300
- Assessor Parcel Number 751121
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $600
- Insurance Expense $2,544
- Water Sewer Expense $1,700
- Operating Expense $4,844
- Net Operating Income $63,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 10, 2025
Sold by
Chen Benjamin and Chen Brooke
Bought by
23 Pearson Llc
Current Estimated Value
Purchase Details
Closed on
Oct 23, 2018
Sold by
Young Christine M
Bought by
Christine M Young Lt and Young
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 23 Pearson Llc | -- | None Available | |
| 23 Pearson Llc | -- | None Available | |
| Christine M Young Lt | -- | None Available | |
| Christine M Young Lt | -- | None Available | |
| Christine M Young Lt | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Young Christine M | $465,000 | |
| Previous Owner | Gold Adam P | $465,000 | |
| Previous Owner | Young Christine M | $137,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2024 06/17/24 | Sold | $1,766,000 | +7.7% | $510 / Sq Ft |
| 05/17/2024 05/17/24 | Pending | -- | -- | -- |
| 05/15/2024 05/15/24 | For Sale | $1,639,900 | -- | $474 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,157 | $1,389,300 | $683,000 | $706,300 |
| 2024 | $14,298 | $1,359,100 | $683,000 | $676,100 |
| 2023 | $14,354 | $1,388,200 | $683,000 | $705,200 |
| 2022 | $13,672 | $1,343,000 | $650,500 | $692,500 |
| 2021 | $12,956 | $1,271,400 | $645,700 | $625,700 |
| 2020 | $12,417 | $1,230,600 | $646,200 | $584,400 |
| 2019 | $11,762 | $1,093,100 | $588,200 | $504,900 |
| 2018 | $10,860 | $960,200 | $534,800 | $425,400 |
| 2017 | $10,704 | $917,200 | $504,500 | $412,700 |
| 2016 | $10,525 | $840,000 | $450,500 | $389,500 |
| 2015 | $10,039 | $796,100 | $416,100 | $380,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Shorey
Seller's Agent in 2024
David Shorey
Real Broker MA, LLC
(781) 962-4028
11 in this area
155 Total Sales
-
Ryan McCormick
Buyer's Agent in 2024
Ryan McCormick
Metro Realty Corp.
(401) 640-9275
1 in this area
38 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73237752
APN: SOME-000028-E000000-000023
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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