NOT LISTED FOR SALE

25 Corinthian Rd Somerville, MA 02144

Estimated Value: $1,841,000

4 Beds
4 Baths
1,776 Sq Ft
$1,037/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $910,000 $512 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $11,928/month

3 Days on Market

Highlights

  • Enclosed patio or porch
  • Somerville High School Rated A-
  • 3-minute walk to Lou Ann David Park

About This Home

As of August 2020

AMAZING OPPORTUNITY! For developers, contractors and investors to renovate this 2 family. Convert to a single family or a condo conversion. BEAUTIFUL TREE-LINED STREET in the heart of desirable Davis Square! Shops, restaurants, coffee shops, threatre, bars, park, access to bike path, subway and more! First floor 4 rooms, 1 bedroom, mostly newer windows, hardwood floors, kitchen and bath have been gutted, basement with good head room. Second floor 5 rooms, 3 bedrooms, eat-in kitchen, with dishwasher, mostly newer windows, hardwood floors, modern bath, front porch and rear enclosed heated. Newer electrical 200 amp service coin-op in the basement. PROPERTY WON'T QUALIFY FOR CONVENTIONAL FINANCING - ONLY CASH or CONSTRUCTION LOAN. LOCATION IS THE KEY TO SUCCESS IN REAL ESTATE. Open house by appt. only. Sat. 6/20 11:30-12:30, Sun 6/21 12:30-1:30 1st floor & basement. 2nd Floor with Offer.

Last Listed By

Nick Kondilis

Steve Bremis Realty Group Listed on: 06/19/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,486

Year Built

  • Built in 1930

Lot Details

  • 2,178

Additional Features

  • Enclosed patio or porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:12 B:B L:8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,486

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 506.19
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN5028
  • Main So: BB2510
  • Estimated Sq Ft: 1776.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Porch - Enclosed
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 945300.00
  • Acre: 0.05
  • Lot Size: 2388.00
  • Page: 67
  • Parcel Number: M:12 B:B L:8
  • Zoning: RA
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 2
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 9538.00
  • Assessor Parcel Number: 748651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2006
Sold by
Suthar Claire F
Bought by
Suthar Claire F and Suthar Kenneth B
Total Days on Market
3
Current Estimated Value
$1,841,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2005
Sold by
Suthar Claire F
Bought by
Suthar Claire F and Suthar Kenneth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Suthar Claire F -- --
Suthar Claire F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 25 Corinthian Road Llc $1,350,000
Closed Suthar Claire F $75,000
Previous Owner Suthar Claire F $487,500
Previous Owner Suthar Claire F $390,600
Previous Owner Suthar Claire F $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $910,000 +1.2% $512 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $899,000 -- $506 / 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
2023 $19,486 $1,884,500 $729,400 $1,155,100
2022 $12,161 $1,194,600 $694,700 $499,900
2021 $10,493 $1,029,700 $689,700 $340,000
2020 $6,868 $945,300 $644,100 $301,200
2019 $9,460 $879,200 $628,200 $251,000
2018 $9,511 $840,900 $571,100 $269,800
2017 $9,166 $785,400 $538,700 $246,700
2016 $9,294 $741,700 $481,100 $260,600
2015 $8,831 $700,300 $444,300 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72677092

MLS Property Information Network (MLS PIN)

APN: SOME-000012-B000000-000008