Landlord's Agent in 2025
Ross Mason
Mason Management Residential LLC
(845) 729-1918
10 Total Sales
245 Beacon St Unit 4 Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $697,854 - $855,000
1
Bed
1
Bath
795
Sq Ft
1890
Built
Highlights
- Medical Services
- Landscaped Professionally
- Cooling Available
- Somerville High School Rated A-
- Property is near public transit and schools
- Park
About This Home
As of July 2025Unique one bedroom located in a converted school house building! Currently being renovated! Brand new kitchen to be installed, including new kitchen cabinets, counters, and stainless steel appliances. Additional updating will include freshly painted walls and refinished floors. Tall ceilings and large windows allow for an abundance of natural light to fill the apartment . Ample storage space in the unit, as well as additional private storage in the basement. Laundry appliances (washer and dryer) are also in the unit. There is one dedicated parking spot, but also guest parking available.Close proximity to Porter, Inman and Harvard Square and public transportation make this location desirable and convenient!
Last Renter's Agent
Joshua Ruiz
Mason Management Residential LLC
Condo Details
Home Type
- Condominium
Year Built
- Built in 1890
Parking
- 1 Car Parking Space
Home Design
- 795 Sq Ft Home
- Entry on the 1st floor
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
Additional Features
- Landscaped Professionally
- Property is near public transit and schools
Listing and Financial Details
- Security Deposit $3,600
- Property Available on 9/1/25
- Rent includes water, sewer, trash collection, snow removal, gardener
- 12 Month Lease Term
- Assessor Parcel Number 4696627
Community Details
Overview
- Property has a Home Owners Association
Amenities
- Medical Services
- Common Area
- Shops
Recreation
- Park
- Bike Trail
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2012
Closed on
Jul 17, 2012
Sold by
Velez David
Bought by
Pradhan Nilay A and Aldekar Gauri
Seller's Agent
Paula Dowd
Dowd Properties
Buyer's Agent
Brian Long
Coldwell Banker Realty - Cambridge
List Price
$389,000
Sold Price
$382,500
Premium/Discount to List
-$6,500
-1.67%
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
$378,214
Avg. Annual Appreciation
5.22%
Original Mortgage
$342,500
Outstanding Balance
$237,428
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$523,286
Purchase Details
Closed on
Apr 2, 2007
Sold by
Durrell Place Rt and Douglas
Bought by
Velez David C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Pradhan Nilay A | $382,500 | -- | |
| Velez David C | $370,000 | -- | |
| Velez David C | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pradhan Nilay A | $342,500 | |
| Closed | Velez David C | $342,500 | |
| Previous Owner | Velez David C | $326,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2025 07/31/25 | Rented | $3,600 | 0.0% | -- | |
| 05/23/2025 05/23/25 | Under Contract | -- | -- | -- | |
| 05/13/2025 05/13/25 | For Rent | $3,600 | +28.6% | -- | |
| 10/28/2020 10/28/20 | Rented | $2,800 | 0.0% | -- | |
| 10/19/2020 10/19/20 | Under Contract | -- | -- | -- | |
| 09/11/2020 09/11/20 | For Rent | $2,800 | 0.0% | -- | |
| 07/12/2012 07/12/12 | Sold | $382,500 | -0.6% | $481 / Sq Ft | View Prior Sale |
| 05/03/2012 05/03/12 | Pending | -- | -- | -- | |
| 04/12/2012 04/12/12 | Price Changed | $385,000 | -1.0% | $484 / Sq Ft | |
| 04/11/2012 04/11/12 | For Sale | $389,000 | -- | $489 / 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 | $7,637 | $700,000 | $0 | $700,000 |
| 2024 | $7,065 | $671,600 | $0 | $671,600 |
| 2023 | $6,901 | $667,400 | $0 | $667,400 |
| 2022 | $6,664 | $654,600 | $0 | $654,600 |
| 2021 | $6,670 | $654,600 | $0 | $654,600 |
| 2020 | $6,476 | $641,800 | $0 | $641,800 |
| 2019 | $6,326 | $587,900 | $0 | $587,900 |
| 2018 | $5,963 | $527,200 | $0 | $527,200 |
| 2017 | $5,698 | $488,300 | $0 | $488,300 |
| 2016 | $5,347 | $426,700 | $0 | $426,700 |
| 2015 | $4,983 | $395,200 | $0 | $395,200 |
Source: Public Records
Agents Affiliated with this Home
-
Ross Mason
-
J
Tenant's Agent in 2025
Joshua Ruiz
Mason Management Residential LLC
-
Edward Jones
Buyer's Agent in 2020
Edward Jones
Compass
(617) 429-7000
19 Total Sales
-
P
Seller's Agent in 2012
Paula Dowd
Dowd Properties
-
Jessica Aull
Seller Co-Listing Agent in 2012
Jessica Aull
Boom Realty
(617) 416-7455
2 Total Sales
-
B
Buyer's Agent in 2012
Brian Long
Coldwell Banker Realty - Cambridge
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73373912
APN: SOME-000045-G000000-000019-000004
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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