NOT LISTED FOR SALE

241 Summer St Unit 2 Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $994,000 - $1,367,000

4 Beds
1 Bath
2,523 Sq Ft
$467/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $823,000 $326 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,589/month

42 Days on Market

Highlights

  • Medical Services
  • No Units Above
  • Property is near public transit
  • Somerville High School Rated A-
  • Deck
  • 4-minute walk to Morse-Kelley Playground

About This Home

As of August 2019

Extra large, upper duplex in new condo conversion of this two-family home in central Somerville location. Old charm meets modern updates with high ceilings, beautiful wood floors & 2 private decks. 4 bedrooms/1 bath, private laundry & storage in basement. Large bedroom on top floor also works well as a second family room. Formal dining room with built ins, large living room and 4 season enclosed porch. Near bus, T & commuter rail. Currently closest to Porter Square T stop, but will also be very close to the new Green line extension. Walk score of 79! Very pet friendly!

Last Agent to Sell the Property

Lesley Smith

Barrett Sotheby's International Realty Listed on: 04/25/2019

Barrett Sotheby's International Realty

Last Buyer's Agent

Chris Yang

Keller Williams Realty Boston South West

Keller Williams Realty Boston South West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,119

Year Built

  • Built in 1916

Lot Details

  • Property is zoned RB

HOA Fees

  • $271 Monthly HOA Fees

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Laundry in Basement
  • Electric Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 752562

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,119

Year Built

Built in 1916

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached, Duplex
  • Year Built: 1916
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Laminate, Hardwood
  • Fireplace YN: No
  • Appliances: Electric Water Heater, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Third
  • Room Bedroom4 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: Second
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Second
  • Accessibility Features: No
  • Living Area: 2523
  • Stories Total: 2
  • MAIN LO: BB5823
  • LIST PRICE PER Sq Ft: 336.5
  • PRICE PER Sq Ft: 326.2
  • MAIN SO: BB3351

Exterior Features

  • Common Walls: No One Above
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer
  • Cooling: Window Unit(s)
  • Heating: Steam, Natural Gas, Electric
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 271.3
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 752562
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 265
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6118.7
  • Tax Book Number: 69883

Multi Family

  • Number Of Units Total: 2
  • NO UNITS OWNER OCC: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Aug 1, 2019
Sold by
Mary Ann Rapoza Ret and Rapoza
Bought by
Luo Shibo
Seller's Agent
Lesley Smith
Barrett Sotheby's International Realty
Buyer's Agent
Chris Yang
Keller Williams Realty Boston South West
List Price
$849,000
Sold Price
$823,000
Premium/Discount to List
-$26,000
-3.06%
Current Estimated Value
$1,177,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,065
Avg. Annual Appreciation
3.13%
Original Mortgage
$658,400
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Luo Shibo $823,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Shibo $645,000
Closed Luo Shibo $658,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $823,000 -3.1% $326 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $849,000 -- $337 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $9,809 $899,100 $0 $899,100
2024 $9,166 $871,300 $0 $871,300
2023 $9,062 $876,400 $0 $876,400
2022 $8,262 $811,600 $0 $811,600
2021 $8,091 $794,000 $0 $794,000
Source: Public Records

Agents Affiliated with this Home

  • Lesley Smith

    Seller's Agent in 2019

    Lesley Smith

    Barrett Sotheby's International Realty

    (781) 405-2991

    60 Total Sales

    Lesley Smith
    Section Image
  • Chris Yang

    Buyer's Agent in 2019

    Chris Yang

    Keller Williams Realty Boston South West

    (781) 414-9550

    276 Total Sales

    Chris Yang
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72488427

MLS Property Information Network (MLS PIN)

APN: SOME M:35 B:H L:28 U:2

Massachusetts Middlesex County Somerville 02143 Spring Hill

241 Summer St Unit 2, Somerville, MA

This home is located at 241 Summer St Unit 2, Somerville, MA 02143 since 25 April 2019 and is currently estimated at $1,177,065, approximately $466 per square foot. This property was built in 1916. 241 Summer St Unit 2 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St. Clement Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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