Nick Cuevas
Compass
(781) 776-5198
72 Total Sales
1 in Winter Hill
$750,000 Price
240 School St Somerville, MA 02145
Winter Hill NeighborhoodEstimated Value: $1,487,721
8
Beds
4
Baths
4,256
Sq Ft
$350/Sq Ft
Est. Value
About This Home
Very Well Maintained Owner Occupied 3 Family on WinterHill. Great investment rental income potential of $5,000+ Mth. $60,000 yr income, 11k yr expenses=$49k yr Net Income! Features a finished basement with full kitchen & bath, & 5 car driveway. Unit #1 owner occupied, potential rent $2100 Mth. Unit #2 is a remodeled 3 Bedrm, currently rented out as a 2 bedrm at $1600Mth. Unit #3 has great tenants,here 8 years now so the rent has stayed $1000 but market value is $1400. Great Return on Investment!
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Property Details
Home Type
Multi-Family
Year Built
1910
Lot Details
5,227 Sq Ft Lot
Listing Details
- Lot Description: Paved Drive, Easements
- Other Agent: 2.00
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 4
- Year Built: 1910
Interior Features
- Has Basement: Yes
- Number of Rooms: 16
- Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
- Electric: 220 Volts, Circuit Breakers
- Flooring: Tile, Hardwood
- Basement: Full, Partially Finished, Interior Access
Exterior Features
- Roof: Slate
- Construction: Frame
- Exterior: Wood
- Exterior Features: Porch - Enclosed, Fruit Trees, Garden Area
- Foundation: Other (See Remarks)
Garage/Parking
- Parking: Off-Street, Paved Driveway, Other (See Remarks)
- Parking Spaces: 5
Utilities
- Utility Connections: for Gas Range
Lot Info
- Assessor Parcel Number: 59-B-8
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 1, 2021
Sold by
Marquis Andrew and Marquis Iris D
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,300,000
Outstanding Balance
$5,550,679
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$4,062,958
Purchase Details
Listed on
Apr 13, 2012
Closed on
Jun 11, 2012
Sold by
Scandone Ft and Scandone
Bought by
Scandone Amalio and Scandone Fausto
Seller's Agent
Jeff Romano
Romano Real Estate
Buyer's Agent
B. J. Ray
Gibson Sotheby's International Realty
List Price
$780,000
Sold Price
$708,000
Premium/Discount to List
-$72,000
-9.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$531,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2010
Sold by
Scandone Ft and Scandone
Bought by
John Scandone Ft and Giovanni Scandone Ft
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.02%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Winter Hill, MA
-
Nick Cuevas
-
Roy Mazraani
Roy Mazraani
Real Broker MA, LLC
(774) 208-9313
78 Total Sales
1 in Winter Hill
$750,000 Price
-
Susan Tanner
Susan Tanner
Coldwell Banker Realty - Lexington
(857) 971-8560
41 Total Sales
1 in Winter Hill
$850,000 Price
-
Amy Kirsch
Amy Kirsch
Leading Edge Real Estate
(857) 240-2151
66 Total Sales
3 in Winter Hill
$825K - $1.4M Price Range
-
Victoria Tran Slomiak
Victoria Tran Slomiak
Lineage Realty Group
(508) 796-8249
66 Total Sales
1 in Winter Hill
$412,500 Price
-
John Silk
John Silk
Responds QuicklyEngel & Volkers Boston
(508) 762-1632
72 Total Sales
1 in Winter Hill
$755,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Scandone Amalio | -- | -- | |
| Marquis Andrew | $708,000 | -- | |
| John Scandone Ft | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $6,300,000 | ||
| Closed | Marquis Andrew | $350,000 | |
| Previous Owner | Marquis Andrew L | $521,000 | |
| Previous Owner | Marquis Andrew L | $530,000 | |
| Closed | -- | $531,000 | |
| Closed | Scandone Ft | $100,000 |
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,733 | $1,533,700 | $440,800 | $1,092,900 |
| 2024 | $15,635 | $1,486,200 | $440,800 | $1,045,400 |
| 2023 | $15,779 | $1,526,000 | $440,800 | $1,085,200 |
| 2022 | $15,119 | $1,485,200 | $419,900 | $1,065,300 |
| 2021 | $13,868 | $1,360,900 | $399,900 | $961,000 |
| 2020 | $12,923 | $1,280,800 | $384,500 | $896,300 |
| 2019 | $11,820 | $1,098,500 | $326,400 | $772,100 |
| 2018 | $10,888 | $962,700 | $314,800 | $647,900 |
| 2017 | $10,755 | $921,600 | $293,600 | $628,000 |
| 2016 | $10,605 | $846,400 | $253,900 | $592,500 |
| 2015 | $10,137 | $803,900 | $226,300 | $577,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Romano
JR
Seller's Agent in 2012
Jeff Romano
Romano Real Estate
(617) 828-2582
4 Total Sales
-
B. J. Ray
Buyer's Agent in 2012
B. J. Ray
Gibson Sotheby's International Realty
(617) 224-8980
38 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71366839
APN: SOME-000059-B000000-000008
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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