Seller's Agent in 2020
Shahani Real Estate Team
Compass
(617) 216-1493
1 in this area
157 Total Sales
24 Laurel St Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $2,016,000 - $2,508,702
9
Beds
6
Baths
3,456
Sq Ft
$652/Sq Ft
Est. Value
Highlights
- Covered Deck
- Somerville High School Rated A-
- 3-minute walk to Conway Park
About This Home
As of September 2020Quintessential Somerville! This freshly updated and renovated triple-decker in desirable Union Square has it all. Each unit has 3 bedrooms and 2 bathrooms. Optimizing square footage with no wasted space, each of these units have sparkling hardwood floors, new kitchens with stainless steel appliances and bathrooms and in-unit laundry. With private back porches, each unit have their own private outdoor space to enjoy. Take advantage of what Union Square has to offer - Market Basket, Union Square Donuts, Aeronaut Brewery, Brooklyn Boulders and be ready for the Union Square development already underway. Close proximity to Porter and Davis Square. Perfect for the investor with a gross rental monthly income of $9400/month with tenants in place for each unit until August 2021.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,976
Year Built
- Built in 1900
Lot Details
- 3,049
Outdoor Features
- Covered Deck
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2020
Closed on
Sep 23, 2020
Sold by
City Pt Asset Mgmt Llc
Bought by
Wall Matthew
Seller's Agent
Shahani Real Estate Team
Compass
Buyer's Agent
Max Dublin
Gibson Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,705,000
Premium/Discount to List
$10,000
0.59%
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
$546,926
Avg. Annual Appreciation
5.89%
Original Mortgage
$1,278,750
Outstanding Balance
$1,147,613
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,104,313
Purchase Details
Closed on
Mar 6, 2018
Sold by
Cummings Mary E Est
Bought by
City Point Asset Mgmt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.04%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Wall Matthew | $1,705,000 | None Available | |
| City Point Asset Mgmt | $1,200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wall Matthew | $1,278,750 | |
| Previous Owner | City Point Asset Mgmt | $960,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2020 09/28/20 | Sold | $1,705,000 | +0.6% | $493 / Sq Ft |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- |
| 06/25/2020 06/25/20 | For Sale | $1,695,000 | 0.0% | $490 / Sq Ft |
| 08/01/2019 08/01/19 | Rented | $3,200 | 0.0% | -- |
| 07/16/2019 07/16/19 | Under Contract | -- | -- | -- |
| 06/19/2019 06/19/19 | Price Changed | $3,200 | -3.0% | $3 / Sq Ft |
| 06/10/2019 06/10/19 | Price Changed | $3,300 | -5.7% | $4 / Sq Ft |
| 05/21/2019 05/21/19 | For Rent | $3,500 | -- | -- |
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 | $18,976 | $1,739,300 | $544,900 | $1,194,400 |
| 2024 | $17,748 | $1,687,100 | $544,900 | $1,142,200 |
| 2023 | $17,309 | $1,674,000 | $544,900 | $1,129,100 |
| 2022 | $16,556 | $1,626,300 | $519,000 | $1,107,300 |
| 2021 | $14,061 | $1,379,900 | $494,300 | $885,600 |
| 2020 | $13,731 | $1,360,900 | $475,300 | $885,600 |
| 2019 | $12,809 | $1,190,400 | $413,300 | $777,100 |
| 2018 | $8,511 | $752,500 | $375,700 | $376,800 |
| 2017 | $8,311 | $712,200 | $354,400 | $357,800 |
| 2016 | $7,133 | $569,300 | $259,300 | $310,000 |
| 2015 | $6,861 | $544,100 | $257,900 | $286,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2020
Crystal Paolini
Coldwell Banker Realty - Newton
(857) 231-0349
1 in this area
32 Total Sales
-
Buyer's Agent in 2020
Max Dublin
Gibson Sothebys International Realty
(617) 230-7615
7 in this area
158 Total Sales
-
M
Seller's Agent in 2019
Melissa Borelli
Melissa Borelli Realty
(617) 916-3808
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72680566
APN: SOME-000052-H000000-000029
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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