NOT LISTED FOR SALE
14 Beds
9 Baths
5,698 Sq Ft
4,356 Sq Ft Lot

Last Sold September 20, 2016

Last sale price $1,300,000 $228 Per Sq Ft

15 Days on Market

About This Home

As of September 2016

VACANT LAND***Developers, this is the one you have been waiting for*** Build 9 condos or apartments as-of-right (previous 9 unit building on site was recently destroyed by fire). Buildings living area was 5,698 square feet. Expected condo prices are around $400,000+/- each. (See recently sold 70 Pearl St. #2 for good comp, though that was not new construction). The property would also work great as long term rental apartments. This is an amazing and rare development opportunity in blazing hot East Somerville. It's minutes from Sullivan Sq T stop, Assembly Row and The Proposed Green line train stop(Washington St) and property values in the area are rapidly increasing!

Last Agent to Sell the Property

Branch Out Residential Team

Coldwell Banker Realty - Boston Listed on: 07/11/2016

Coldwell Banker Realty - Boston

Last Buyer's Agent

Eric Holmes

Meridian Realty Group LLC

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 0

Exterior Features

  • Exterior: Vinyl
  • Foundation: Other (See Remarks)

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 9

Lot Info

  • Assessor Parcel Number: M:90 B:E L:13
  • Zoning: RB

Multi Family

  • Total Bedrooms: 14
  • Total Full Baths: 9
  • Total Levels: 3
  • Total Rms: 32

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $1,300,000 -7.1% $228 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/20/2016 07/20/16 Price Changed $1,400,000 -6.7% $246 / Sq Ft
07/19/2016 07/19/16 For Sale $1,500,000 0.0% $263 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $1,500,000 -- $263 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72035979

MLS Property Information Network (MLS PIN)