NOT LISTED FOR SALE

Estimated Value: $1,021,000 - $1,238,000

3 Beds
3 Baths
1,817 Sq Ft
$601/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $890,000 $490 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,568/month

20 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Patio
  • Somerville High School Rated A-
  • Porch
  • 4-minute walk to Trum Playground

About This Home

As of July 2019

BEST VALUE IN SOMERVILLE - MONEY MAKER IN GREAT CONDITION! Two very large apartments loaded with great features. Freshly painted exterior with vinyl siding. Laundry in the unit for both apartments with newer gas heating and cooking. Parking, deck, yard/ patio space and clean basement and garage storage. This home makes a great investment for the owner occupant or an investor looking for great income. Both units have new tenants moving in for 9/1/19--7/31/20 (Unit 1 - $2350) (Unit 2 - $2500) Separate utilities paid by tenants. Lots of possibilities! Parking for 2-3 cars in the driveway and one in the garage. Package with 233 Cedard St Somerville MLS #: 72524917

Last Agent to Sell the Property

Jon Shilalis

Shilalis Real Estate Listed on: 06/25/2019

Last Buyer's Agent

The Team - Real Estate Advisors

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,574

Year Built

  • Built in 1856

Lot Details

  • Fenced Yard
  • Garden

Parking

  • 1 Car Garage

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,574

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 1500
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 489.82
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1856
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1856

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 7
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: AC0925
  • Main So: K95001
  • Estimated Sq Ft: 1817.00

Exterior Features

  • Construction: Frame
  • Exterior Features: Porch, Patio, Fenced Yard, Garden Area

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Bike Path, Conservation Area, Public School, T-Station, University

Lot Info

  • Assessments: 579800.00
  • Acre: 0.05
  • Lot Size: 2030.00
  • Page: 260
  • Zoning: rb
  • Lot Description: Level

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 7
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6328.00
  • Assessor Parcel Number: 752126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 23, 2019
Sold by
Familiar Ft
Bought by
Teel Kevin L and Teel Caroline A
Seller's Agent
Jon Shilalis
Shilalis Real Estate
Buyer's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
List Price
$899,999
Sold Price
$890,000
Premium/Discount to List
-$9,999
-1.11%
Current Estimated Value
$1,092,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,792
Avg. Annual Appreciation
3.39%
Original Mortgage
$756,500
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2015
Sold by
Familiar Robert F and Familiar Mandana
Bought by
Familiar Ft and Familiar Robert F

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jan 31, 2014
Sold by
Uram Keith B and Uram Craig S
Bought by
Familiar Mandana and Familiar Robert F
Seller's Agent
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
Buyer's Agent
Bill Aibel
Coldwell Banker Realty - Cambridge
List Price
$545,000
Sold Price
$538,000
Premium/Discount to List
-$7,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$400,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Uram Craig S and Uram Keith B
Bought by
Uram Craig S and Uram Keith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,350
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1999
Sold by
233 Cedar St Rt and Messina Michael M
Bought by
Uram Keith B and Uram Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1989
Sold by
Gaudette Kim M
Bought by
Messina Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
11.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Teel Kevin L $890,000 --
Familiar Ft -- --
Familiar Mandana $538,000 --
Familiar Mandana $538,000 --
Uram Craig S -- --
Uram Keith B $220,000 --
Messina Patricia M $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teel Kevin L $733,145
Previous Owner Teel Kevin L $756,500
Previous Owner Familiar Robert F $395,000
Previous Owner Familiar Mandana $400,000
Previous Owner Uram Craig S $39,500
Previous Owner Uram Craig S $249,350
Previous Owner Uram Craig S $22,000
Previous Owner Gaudette Kim M $198,000
Previous Owner Gaudette Kim M $15,000
Previous Owner Gaudette Kim M $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $890,000 0.0% $490 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $890,000 -1.1% $490 / Sq Ft
07/06/2019 07/06/19 For Sale $899,999 +1.1% $495 / Sq Ft
07/03/2019 07/03/19 Off Market $890,000 -- --
06/25/2019 06/25/19 For Sale $899,999 +67.3% $495 / Sq Ft
01/31/2014 01/31/14 Sold $538,000 -1.3% $316 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $545,000 -- $320 / 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 $9,574 $877,500 $386,300 $491,200
2024 $9,141 $868,900 $386,300 $482,600
2023 $8,653 $836,800 $386,300 $450,500
2022 $8,156 $801,200 $367,900 $433,300
2021 $7,686 $754,300 $350,400 $403,900
2020 $6,766 $670,600 $336,900 $333,700
2019 $921 $579,800 $293,000 $286,800
2018 $5,988 $529,400 $266,300 $263,100
2017 $5,885 $504,300 $251,300 $253,000
2016 $5,607 $447,500 $229,800 $217,700
2015 $5,446 $431,900 $228,600 $203,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72524532

MLS Property Information Network (MLS PIN)

APN: SOME-000033-H000000-000036