Seller's Agent in 2022
Jonathan Mitchell
Compass
(617) 834-6668
38 Total Sales
245 Beacon St Unit 5 Somerville, MA 02143
Estimated Value: $786,000 - $859,390
2
Beds
1.5
Baths
902
Sq Ft
$356/mo
HOA Fee
Highlights
- Property is near public transit
- Patio
- Shops
- Somerville High School Rated A-
- Park
- Guest Parking
About This Home
As of March 2022Reimagined and crafted from within the landmark 1894 Durell School, 245 Beacon Street Unit 5 is a thoroughly modern home with soaring ceilings and massive windows. A flexible, open dining and living area welcomes you into the space, and a generous coat closet is in easy reach. The ample windows make the most of the unit’s Southern exposure–while central air conditioning keeps everything cool in the summer. Extras include off-street parking, in-unit laundry, private basement storage and a shared back patio. With a new bike path in front of the building, Porter Square 6/10 of a mile away, Harvard, Union and Inman Squares each less than 8/10 of a mile; the cherry on top is a superb location surrounded by the very best of both Cambridge and Somerville.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,857
Year Built
- Built in 1894
HOA Fees
- $356 Monthly HOA Fees
Home Design
- Garden Home
- Brick Exterior Construction
- Slate Roof
Interior Spaces
- 902 Sq Ft Home
- 1-Story Property
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Guest Parking
- Off-Street Parking
Outdoor Features
- Patio
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- Heating System Uses Natural Gas
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M:45 B:G L:19 U:5,4649093
Community Details
Overview
- Association fees include insurance, maintenance structure, ground maintenance, snow removal
- 8 Units
- Durell Place Condominium Community
Amenities
- Common Area
- Shops
Recreation
- Park
- Bike Trail
Pet Policy
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2022
Closed on
Mar 11, 2022
Sold by
Piantigini Michael J and Piantigini Catherine A
Bought by
Mijs Jonathan J and Lopes Claudia S
Seller's Agent
Jonathan Mitchell
Compass
Buyer's Agent
David Shorey
Real Broker MA, LLC
List Price
$748,000
Sold Price
$810,000
Premium/Discount to List
$62,000
8.29%
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
$19,848
Avg. Annual Appreciation
0.70%
Original Mortgage
$648,000
Outstanding Balance
$607,602
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,246
Purchase Details
Closed on
Dec 12, 2006
Sold by
Durrell Place Rt and Douglas Kevin M
Bought by
Piantigini Catherine A and Piantigini Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.4%
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 |
|---|---|---|---|
| Mijs Jonathan J | $810,000 | None Available | |
| Piantigini Catherine A | $427,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mijs Jonathan J | $648,000 | |
| Previous Owner | Piantigini Catherine A | $346,000 | |
| Previous Owner | Piantigini Michael J | $324,000 | |
| Previous Owner | Piantigini Catherine A | $336,000 | |
| Previous Owner | Piantigini Catherine A | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2022 03/11/22 | Sold | $810,000 | +8.3% | $898 / Sq Ft |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- |
| 01/19/2022 01/19/22 | For Sale | $748,000 | -- | $829 / 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 | $8,611 | $789,300 | $0 | $789,300 |
| 2024 | $7,969 | $757,500 | $0 | $757,500 |
| 2023 | $7,783 | $752,700 | $0 | $752,700 |
| 2022 | $7,517 | $738,400 | $0 | $738,400 |
| 2021 | $7,524 | $738,400 | $0 | $738,400 |
| 2020 | $7,306 | $724,100 | $0 | $724,100 |
| 2019 | $7,142 | $663,800 | $0 | $663,800 |
| 2018 | $7,033 | $621,800 | $0 | $621,800 |
| 2017 | $6,701 | $574,200 | $0 | $574,200 |
| 2016 | $6,076 | $484,900 | $0 | $484,900 |
| 2015 | $5,627 | $446,200 | $0 | $446,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Mitchell
-
David Shorey
Buyer's Agent in 2022
David Shorey
Real Broker MA, LLC
(781) 962-4028
150 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72934902
APN: SOME-000045-G000000-000019-000005
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