Landlord's Agent in 2022
Michael Phillips
Coldwell Banker Realty - Concord
(617) 501-5318
1 Total Sale
25 Lake St Unit 3 Somerville, MA 02143
Estimated Value: $725,000 - $888,000
1
Bed
1
Bath
933
Sq Ft
$833/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Wood Flooring
- No HOA
- Somerville High School Rated A-
- Solid Surface Countertops
- 4-minute walk to Quincy Street Open Space
About This Home
As of October 2022This very generous sized 1 bedroom is an **absolute gem** in the heart of Union Square! Don't miss your rare chance to live in this super-spacious & modern apartment that has all the comforts of a treasured home: Central Air, In-Unit Washer & Dryer, Off-Street Parking, Private In-Unit Stairs, Secure Storage in the lower level, one off street parking spot & hardwood floors. The updated kitchen area has it all - Dishwasher, Disposal, Stainless Steel Appliances. The bedroom boasts plenty of windows for sun & fresh-air + a GIANT WALK-IN CLOSET. The open plan living room, dining room & kitchen features cathedral ceilings, skylights, and a gorgeous enclosed gas fireplace. You're just steps away from Bow Market & Market Basket, plus plenty of coveted neighborhood eateries of all kinds (i.e - Gracie's Ice Cream!), inviting cafes, nightlife options galore, local shops, and parks. Easy access to Rtes. 93 & 28. Minutes to Boston. Buses to Harvard, Porter, Kendall, Central, Sulivan Sq. & Boston.
Last Agent to Rent the Property
Coldwell Banker Realty - Concord Listed on: 10/10/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,591
Year Built
- Built in 1890
Lot Details
- 10,000 Sq Ft Lot
Parking
- 1 Car Parking Space
Home Design
- Apartment
Interior Spaces
- 933 Sq Ft Home
- Ceiling Fan
- Skylights
- Light Fixtures
- Living Room with Fireplace
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on third floor
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Schools
- Choice Elementary School
- Somerville High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- High Speed Internet
Listing and Financial Details
- Security Deposit $2,700
- Property Available on 1/1/23
- Rent includes water, sewer, trash collection, snow removal, gardener, extra storage, laundry facilities, parking
- 12 Month Lease Term
- Assessor Parcel Number 4436579
Community Details
Overview
- No Home Owners Association
Amenities
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 8, 2007
Sold by
Cohen Elizabeth and Cohen Linda
Bought by
Cohen Aaron D and Ratey Jessica C
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
$250,000
Interest Rate
6.23%
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 |
|---|---|---|---|
| Cohen Aaron D | $312,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ratey Jessica C | $238,500 | |
| Closed | Cohen Aaron D | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2022 10/24/22 | Rented | $2,700 | 0.0% | -- |
| 10/18/2022 10/18/22 | Under Contract | -- | -- | -- |
| 10/10/2022 10/10/22 | For Rent | $2,700 | +10.2% | -- |
| 08/10/2021 08/10/21 | Rented | $2,450 | 0.0% | -- |
| 08/05/2021 08/05/21 | Under Contract | -- | -- | -- |
| 08/02/2021 08/02/21 | For Rent | $2,450 | +19.5% | -- |
| 01/15/2021 01/15/21 | Rented | $2,050 | 0.0% | -- |
| 12/29/2020 12/29/20 | Under Contract | -- | -- | -- |
| 12/08/2020 12/08/20 | For Rent | $2,050 | -- | -- |
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 | $7,591 | $695,800 | $0 | $695,800 |
| 2024 | $7,077 | $672,700 | $0 | $672,700 |
| 2023 | $6,928 | $670,000 | $0 | $670,000 |
| 2022 | $6,703 | $658,400 | $0 | $658,400 |
| 2021 | $6,497 | $637,600 | $0 | $637,600 |
| 2020 | $6,094 | $604,000 | $0 | $604,000 |
| 2019 | $5,563 | $517,000 | $0 | $517,000 |
| 2018 | $5,460 | $482,800 | $0 | $482,800 |
| 2017 | $4,765 | $408,300 | $0 | $408,300 |
| 2016 | $4,319 | $344,700 | $0 | $344,700 |
| 2015 | $3,867 | $306,700 | $0 | $306,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Phillips
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73046291
APN: SOME-000074-B000000-000025-000025-3
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