NOT LISTED FOR SALE

Estimated Value: $1,525,000 - $1,939,000

6 Beds
3 Baths
3,460 Sq Ft
$491/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $1,766,000 $510 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,277/month

1 Day on Market

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 2024

OPEN 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!

Last Agent to Sell the Property

David Shorey

Real Broker MA, LLC Listed on: 05/15/2024

Real Broker MA, LLC

Last Buyer's Agent

Ryan McCormick

Metro Realty Corp.

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,298

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2.25
  • Transaction Broker: 2.25
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood, Laminate
  • Interior Amenities: Laundry Room, Living Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Sump Pump, Concrete, Unfinished
  • Living Area: 3460
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4866
  • LIST PRICE PER Sq Ft: 473.96
  • PRICE PER Sq Ft: 510.4
  • MAIN SO: BB1465

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame, Stone
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas, Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1700

Lot Info

  • Parcel Number: 751121
  • Zoning: NR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484
  • Lot Size Units: Acres
  • PAGE: 0305
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14298
  • Tax Book Number: 72129

Multi Family

  • Electric Expense: 600
  • Gross Income: 63600
  • Insurance Expense: 2544
  • Net Operating Income: 63600
  • Number Of Units Total: 3
  • Operating Expense: 4844
  • Total Actual Rent: 5300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

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
$1,700,124

Purchase Details

Closed on
Oct 23, 2018
Sold by
Young Christine M
Bought by
Christine M Young Lt and Young
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price List to Sale Price per Sq Ft
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

Source: Public Records

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73237752

MLS Property Information Network (MLS PIN)

APN: SOME-000028-E000000-000023