D
Seller's Agent in 2018
Dave Scott
Apartment Rental Experts LLC
(617) 821-7598
8 Total Sales
236 Cedar St Somerville, MA 02145
Ball Square NeighborhoodEstimated Value: $1,578,000 - $2,049,462
7
Beds
3
Baths
3,150
Sq Ft
$555/Sq Ft
Est. Value
About This Home
As of February 2018Classic 5-5-5 triple decker steps to bike path to Davis Square. Easy to use as 3 bedroom apartments and cold make beautiful 2 bedroom condos with living room + formal dining room. Updated kitchens and baths. Dishwashers in all units. Front and back porches are in excellent condition. Long driveway that easily fits 3 cars + carport or arbor shaded by vines. Back yard patio. There are very few of these left in Somerville, and you almost never see one on the market in such solid condition. Rented well below market rents. Leases expire May 31 and August 31, 2018. Two floors are set up to function as 3 bedroom, but one of them is used as 2 bed; third unit is beautiful living room - dining room 2 bedroom set up. Incredible opportunity for developer, long term investor, or owner occupant.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$14,457
Year Built
1930
Lot Details
0
Listing Details
- Lot Description: Other (See Remarks)
- Property Type: Multi-family
- Lead Paint: Unknown
- Year Built Description: Unknown/Mixed
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1930
Interior Features
- Has Basement: Yes
- Number of Rooms: 15
- Energy: Insulated Windows
- Flooring: Wood
- Basement: Full
- Full Bathrooms: 3
- Total Levels: 3
- Main Lo: BB9012
- Main So: AN2754
- Estimated Sq Ft: 3150.00
Exterior Features
- Foundation: Concrete Block, Fieldstone
Garage/Parking
- Parking: Off-Street, Tandem
- Parking Spaces: 3
Utilities
- Heat Zones: 3
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Zoning: RB
- Acre: 0.07
- Lot Size: 3002.00
Multi Family
- APOD Available: Yes
- Heat Units: 3
- Total Bedrooms: 7
- Total Floors: 6
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 15
- Total Rent_1: 6000
- Multi Family Type: 3 Family
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2017
Closed on
Feb 5, 2018
Sold by
Chiron Mass 2 Llc
Bought by
Shepherd David
Seller's Agent
Dave Scott
Apartment Rental Experts LLC
Buyer's Agent
Craig Shepherd
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,190,000
Sold Price
$1,200,000
Premium/Discount to List
$10,000
0.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,616
Avg. Annual Appreciation
4.92%
Original Mortgage
$900,000
Outstanding Balance
$761,259
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
$987,357
Purchase Details
Closed on
Jul 7, 2016
Sold by
Winter Hill Llc
Bought by
Chiron-Mass 2 Llc
Purchase Details
Closed on
Jan 23, 2012
Sold by
Romie Chaudhari Ret and Chaudhari Romie
Bought by
Winter Hill Llc
Purchase Details
Closed on
Oct 23, 2006
Sold by
Chaudhari Romie
Bought by
Romie Chaudhari Ret and Chaudhari Romie
Purchase Details
Closed on
Nov 29, 1999
Sold by
236 Cedar Street Rt and Azeredo Maria A
Bought by
Chaudhari Romie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shepherd David | $1,200,000 | -- | |
| Chiron-Mass 2 Llc | -- | -- | |
| Winter Hill Llc | -- | -- | |
| Romie Chaudhari Ret | -- | -- | |
| Chaudhari Romie | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shepherd David | $900,000 | |
| Previous Owner | Chaudhari Romie | $249,910 | |
| Previous Owner | Chaudhari Romie | $276,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2018 02/05/18 | Sold | $1,200,000 | +0.8% | $381 / Sq Ft |
| 10/26/2017 10/26/17 | Pending | -- | -- | -- |
| 10/23/2017 10/23/17 | For Sale | $1,190,000 | -- | $378 / 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 | $14,457 | $1,325,100 | $527,600 | $797,500 |
| 2024 | $13,572 | $1,290,100 | $527,600 | $762,500 |
| 2023 | $13,250 | $1,281,400 | $527,600 | $753,800 |
| 2022 | $12,641 | $1,241,700 | $502,400 | $739,300 |
| 2021 | $12,349 | $1,211,900 | $498,800 | $713,100 |
| 2020 | $13,108 | $1,299,100 | $499,100 | $800,000 |
| 2019 | $13,467 | $1,251,600 | $454,400 | $797,200 |
| 2018 | $10,585 | $935,900 | $413,000 | $522,900 |
| 2017 | $9,992 | $856,200 | $389,700 | $466,500 |
| 2016 | $9,426 | $752,300 | $348,000 | $404,300 |
| 2015 | $8,758 | $694,500 | $321,300 | $373,200 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Scott
-
Craig Shepherd
C
Buyer's Agent in 2018
Craig Shepherd
Berkshire Hathaway HomeServices Commonwealth Real Estate
14 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72246678
APN: SOME-000027-E000000-000032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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