Alex Wong
Serhant
(857) 365-2114
45 Total Sales
1 in Spring Hill
$786,500 Price
250 Highland Ave Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $1,447,000 - $1,717,203
8
Beds
3
Baths
3,429
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit and schools
- Corner Lot
- Somerville High School Rated A-
- Wood Flooring
- Jogging Path
About This Home
As of May 2023Excellent investment opportunity in the prime Somerville Spring Hill neighborhood, next to Davis Square. Condo quality kitchens and baths in all 3 apartments can be found in this well maintained building on a corner lot with rare 4+ parking. High quality tenants are attracted to this hip location just steps to Davis Square and the community bike path, 3 Little Figs, the Armory, Porter Square. Multiple MBTA stops are short distances away including the new Magoun Square Green line & Porter Square Red line stop. Each unit has separate utilities and features gleaming hardwood floors, granite counter-tops, custom hardwood cabinets, and crown molding. Units 1 and 2 have Stainless steel appliances. The basement includes designated storage areas and two sets of coin-op washer/dryers which ultimately pay for the common water reducing your operating expenses. Fully leased with an opportunity for rent increases.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Warren Residential Listed on: 04/28/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices Warren Residential Listed on: 04/28/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,053
Year Built
- Built in 1905 | Remodeled
Lot Details
- 4,251 Sq Ft Lot
- Corner Lot
Home Design
- Manufactured Home on a slab
- Block Foundation
- Stone Foundation
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,429 Sq Ft Home
- Insulated Windows
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Gas Dryer Hookup
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit and schools
Schools
- Choice Elementary And Middle School
- Somerville High School
Utilities
- Cooling Available
- 3 Heating Zones
- Heating Available
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $9,030
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 752435
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- Shops
- Net Operating Income $108,360
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2023
Closed on
May 9, 2023
Sold by
Bought by
Seller's Agent
The Moving Great Boston Team
Berkshire Hathaway HomeServices Warren Residential
Buyer's Agent
The Moving Great Boston Team
Berkshire Hathaway HomeServices Warren Residential
List Price
$1,550,000
Sold Price
$1,600,000
Premium/Discount to List
$50,000
3.23%
Views
70
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
-$26,449
Avg. Annual Appreciation
-0.51%
Purchase Details
Closed on
Oct 11, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 3, 2013
Sold by
Bought by
Purchase Details
Closed on
Jan 8, 1981
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spring Hill, MA
-
Alex Wong
-
Steven Mango
Steven Mango
StartPoint Realty
(339) 444-1357
60 Total Sales
1 in Spring Hill
$765,000 Price
-
William Loring
William Loring
William Raveis R.E. & Home Services
(339) 444-2844
25 Total Sales
1 in Spring Hill
$1,425,000 Price
-
Tim McDonald
Tim McDonald
Responds Quickly(508) 796-8265
52 Total Sales
1 in Spring Hill
$720,000 Price
-
Nathan Long
Nathan Long
Coldwell Banker Realty - Cambridge
(857) 829-6314
37 Total Sales
1 in Spring Hill
$1,825,000 Price
-
Michael Albano
Michael Albano
ERA Metropolitan Homes
(857) 365-2073
14 Total Sales
1 in Spring Hill
$1,300,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,600,000 | None Available | ||
| $1,175,000 | -- | ||
| -- | -- | ||
| $73,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $992,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2023 05/12/23 | Sold | $1,600,000 | +3.2% | $467 / Sq Ft |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- |
| 04/28/2023 04/28/23 | For Sale | $1,550,000 | -- | $452 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,627 | $1,432,400 | $500,900 | $931,500 |
| 2024 | $12,920 | $1,228,100 | $500,900 | $727,200 |
| 2023 | $12,625 | $1,221,000 | $500,900 | $720,100 |
| 2022 | $12,053 | $1,184,000 | $477,100 | $706,900 |
| 2021 | $11,125 | $1,091,800 | $454,300 | $637,500 |
| 2020 | $10,027 | $993,800 | $436,900 | $556,900 |
| 2019 | $9,248 | $859,500 | $379,900 | $479,600 |
| 2018 | $8,702 | $769,400 | $345,400 | $424,000 |
| 2017 | $8,597 | $736,700 | $325,800 | $410,900 |
| 2016 | $8,597 | $686,100 | $298,000 | $388,100 |
| 2015 | $8,508 | $674,700 | $296,400 | $378,300 |
Source: Public Records
Agents Affiliated with this Home
-
The Moving Great Boston Team
T
Seller's Agent in 2023
The Moving Great Boston Team
Berkshire Hathaway HomeServices Warren Residential
(617) 682-9661
15 in this area
203 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73104568
APN: SOME-000035-C000000-000001
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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