Seller's Agent in 2023
Paul Cirignano
The Synergy Group
(781) 570-9007
2 in this area
207 Total Sales
24 Spencer Ave Somerville, MA 02144
Estimated Value: $1,466,000 - $1,849,977
6
Beds
2
Baths
3,308
Sq Ft
$502/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Property is near public transit
- Somerville High School Rated A-
- Deck
- 2-minute walk to Lexington Park
About This Home
As of June 2023Don’t miss this lucrative opportunity for investors looking to convert Philly style 2 family into condos, rental investment or owner occupied with rents paying most of mortgage! Minutes to Davis & Porter Squares Red Line & Magoun Square Green Line MBTA stations. Highly desirable, large 3,308 sqft space, 6 beds, 2 baths on quiet, tree lined street. Unit 1 w/ 5 rooms, 2 beds, 1 bath. Unit 2 w/ 7 rooms, 4 beds, 1 bath. Both units feature spacious living rooms, dining rooms, kitchens w/ gas stoves, dishwashers & laundry in units. Large bedrooms w/ walk-in closets. High ceilings, hardwood floors, dentil molding & extensive storage in large closets. Private decks & fenced back yard. Shared walk out basement. Separate heating & electrical. Newer roof, gas furnace 2nd flr, hot water heaters, insulation & many appliances. Care free vinyl siding. Tenants pay $4K/ TAW. Easy commute to Tufts Univ & Boston. Walk to restaurants, parks, walking/biking path. Off street parking 5 cars
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,350
Year Built
- Built in 1900
Lot Details
- 3,437 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
- Stone
Interior Spaces
- 3,308 Sq Ft Home
- Property has 2 Levels
Kitchen
- Built-In Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Kennedy Elementary And Middle School
- Somerville High School
Utilities
- 2 Heating Zones
- Heating Available
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $4,000
- Assessor Parcel Number 751338
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $48,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2018
Closed on
Oct 26, 2018
Sold by
Quatela Victor and Quatela Denise A
Bought by
Tara Hill Properties L
Seller's Agent
John Silva
Century 21 McLennan & Company
Buyer's Agent
The Shorey Sheehan Team
RE/MAX Real Estate Center
List Price
$1,350,000
Sold Price
$1,240,000
Premium/Discount to List
-$110,000
-8.15%
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
$409,889
Avg. Annual Appreciation
3.32%
Original Mortgage
$940,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 19, 2017
Sold by
Tavares-Tavares Luis A and Tavares Ildebrandina
Bought by
Tavares 2017 T and Tavares T
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 |
|---|---|---|---|
| Tara Hill Properties L | -- | -- | |
| Tavares 2017 T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sullivan Patrick W | $930,000 | |
| Previous Owner | Quatela Victor | $940,000 | |
| Previous Owner | Tavares Louis | $82,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2023 06/13/23 | Sold | $1,475,000 | +11.4% | $446 / Sq Ft |
| 04/18/2023 04/18/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $1,324,000 | +6.8% | $400 / Sq Ft |
| 09/10/2018 09/10/18 | Sold | $1,240,000 | -4.6% | $375 / Sq Ft |
| 08/08/2018 08/08/18 | Pending | -- | -- | -- |
| 07/24/2018 07/24/18 | Price Changed | $1,300,000 | -3.7% | $393 / Sq Ft |
| 07/11/2018 07/11/18 | Price Changed | $1,350,000 | 0.0% | $408 / Sq Ft |
| 07/11/2018 07/11/18 | For Sale | $1,350,000 | +5.9% | $408 / Sq Ft |
| 07/02/2018 07/02/18 | Pending | -- | -- | -- |
| 06/21/2018 06/21/18 | Price Changed | $1,275,000 | -1.9% | $385 / Sq Ft |
| 06/08/2018 06/08/18 | For Sale | $1,300,000 | 0.0% | $393 / Sq Ft |
| 06/06/2018 06/06/18 | Pending | -- | -- | -- |
| 05/29/2018 05/29/18 | For Sale | $1,300,000 | -- | $393 / 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 | $16,172 | $1,482,300 | $693,900 | $788,400 |
| 2024 | $15,138 | $1,439,000 | $693,900 | $745,100 |
| 2023 | $14,350 | $1,387,800 | $693,900 | $693,900 |
| 2022 | $13,515 | $1,327,600 | $660,800 | $666,800 |
| 2021 | $13,100 | $1,285,600 | $656,000 | $629,600 |
| 2020 | $12,599 | $1,248,700 | $656,400 | $592,300 |
| 2019 | $10,972 | $1,019,700 | $597,600 | $422,100 |
| 2018 | $10,105 | $893,500 | $543,200 | $350,300 |
| 2017 | $9,909 | $849,100 | $512,500 | $336,600 |
| 2016 | $9,575 | $764,200 | $457,700 | $306,500 |
| 2015 | $9,160 | $726,400 | $422,700 | $303,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Marie Montieth
The Synergy Group
(781) 492-1023
1 in this area
29 Total Sales
-
Buyer's Agent in 2023
Hanneman and Gonzales Team
Compass
(617) 480-7775
1 in this area
139 Total Sales
-
J
Seller's Agent in 2018
John Silva
Century 21 McLennan & Company
-
T
Buyer's Agent in 2018
The Shorey Sheehan Team
RE/MAX Real Estate Center
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73096604
APN: SOME-000029-E000000-000011
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.
Nearby Homes
- 3 Fairlee St
- 98 Hancock St Unit 2
- 156 Hudson St Unit 156R
- 27 Alpine St
- 263 Highland Ave Unit 1
- 23 Highland Rd
- 36 Burnside Ave Unit 3
- 36 Burnside Ave Unit 2
- 36 Highland Rd
- 32 Burnside Ave Unit 2
- 31 Rogers Ave
- 39 Rogers Ave
- 115 Elm St
- 39 Murdock St Unit 2
- 371 Highland Ave
- 32 Murdock St Unit 2
- 25 Linden Ave Unit 4
- 17 Linden Ave Unit 2
- 95 Pearson Ave Unit 1
- 32-40 White St
- 24 Spencer Ave Unit 2
- 26 Spencer Ave
- 22 Spencer Ave
- 28 Spencer Ave Unit 28
- 18 Spencer Ave
- 32 Spencer Ave
- 305 Highland Ave
- 305 Highland Ave Unit A
- 305 Highland Ave Unit 305 Highland Ave 3
- 305 Highland Ave
- 305 Highland Ave Unit 2
- 305 Highland Ave Unit 1
- 305 Highland Ave Unit 3
- 301 Highland Ave
- 301 Highland Ave Unit 3
- 16 Spencer Ave
- 19 Spencer Ave
- 19 Spencer Ave Unit 1
- 34 Spencer Ave
- 303 Highland Ave