NOT LISTED FOR SALE

Estimated Value: $685,233 - $869,000

1 Bed
1 Bath
985 Sq Ft
$414/mo HOA Fee

Last Sold October 16, 2017

Last sale price $410,000 $416 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,955/month

38 Days on Market

Highlights

  • Property is near public transit
  • Elevator
  • Intercom
  • Somerville High School Rated A-
  • 1 Car Attached Garage
  • Park

About This Home

As of October 2017

Motivated Seller. 91 WALK SCORE! This STUNNING and SPACIOUS Loft Style unit with plenty of natural light, high ceilings, and acid washed concrete floors. The space offers a VERY flexible open floor plan, a private entrance and DEEDED GARAGE PARKING. Located literally minutes from Cambridge Line and walking distance to Harvard Square. Close to Inman, Porter and Davis Squares in one of the HOTTEST neighborhoods in Somerville. Private in-unit washer dryer. Gas heat and central air. Prof. managed complex. Also this unit has potential to bed used as commercial space, it currently has a certificate of occupancy from the city. Listed as a 1 bed but walls have be taken down to and this is now an open space with limitless potential! Seller makes no warranty, buyers to do own due diligence. Currently leased until 8/31/18

Last Agent to Sell the Property

Angela Guo

Red Tree Real Estate Listed on: 07/24/2017

Red Tree Real Estate

Last Buyer's Agent

Angela Guo

Red Tree Real Estate Listed on: 07/24/2017

Red Tree Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 1986

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 985 Sq Ft Home
  • 1-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:39 B:C L:23 U:1A,753099

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal
  • 18 Units
  • Low-Rise Condominium

Amenities

  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,435

Year Built

Built in 1986

Lot Details

0

HOA Fees

$414 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1986
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 985
  • Stories Total: 1
  • MAIN LO: AN0907
  • MAIN SO: AN0907

Exterior Features

  • Construction Materials: Brick
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Under, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 414
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Laundromat, T-Station
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:39 B:C L:23 U:1A,753099
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4435

Multi Family

  • Number Of Units Total: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2017
Closed on
Oct 16, 2017
Sold by
Watabe Mark
Bought by
Steddom Jeremy and Steddom Jinglei H
Seller's Agent
Angela Guo
Red Tree Real Estate
Buyer's Agent
Angela Guo
Red Tree Real Estate
List Price
$399,999
Sold Price
$410,000
Premium/Discount to List
$10,001
2.5%
Current Estimated Value
$765,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,308
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
Nov 5, 2014
Closed on
Feb 27, 2015
Sold by
Dean Nathaniel P and Noe Sarah R
Bought by
Watabe Mark
Seller's Agent
Craig Pitzi
Coldwell Banker Realty - Concord
Buyer's Agent
Melina Georgantas
Peristyle Properties, LLC
List Price
$398,800
Sold Price
$381,000
Premium/Discount to List
-$17,800
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$304,800
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2008
Sold by
Claytor Avril A and Loughman Gregory A
Bought by
Dean Nathaniel P and Noe Sarah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Spigot Rt
Bought by
Claytor Avril A and Loughman Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1988
Sold by
Beacon 1A Realty Tr
Bought by
Spigot Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
10.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steddom Jeremy $410,000 --
Watabe Mark $381,000 --
Dean Nathaniel P $300,000 --
Claytor Avril A $285,000 --
Spigot Rt $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watabe Mark $304,800
Previous Owner Dean Nathaniel P $285,000
Previous Owner Claytor Avril A $256,500
Previous Owner Spigot Rt $80,000
Previous Owner Spigot Rt $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2017 10/16/17 Sold $410,000 +2.5% $416 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $399,999 0.0% $406 / Sq Ft
08/17/2017 08/17/17 For Rent $1,900 0.0% --
08/15/2017 08/15/17 Rented $1,900 0.0% --
08/12/2017 08/12/17 Pending -- -- --
08/03/2017 08/03/17 Under Contract -- -- --
08/01/2017 08/01/17 For Rent $1,900 0.0% --
07/24/2017 07/24/17 For Sale $399,999 +5.0% $406 / Sq Ft
02/27/2015 02/27/15 Sold $381,000 0.0% $387 / Sq Ft View Prior Sale
02/26/2015 02/26/15 Pending -- -- --
12/10/2014 12/10/14 Off Market $381,000 -- --
11/20/2014 11/20/14 Price Changed $389,000 -2.5% $395 / Sq Ft
11/05/2014 11/05/14 For Sale $398,800 -- $405 / 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
2025 $6,323 $579,600 $0 $579,600
2024 $6,097 $579,600 $0 $579,600
2023 $6,095 $589,500 $0 $589,500
2022 $5,727 $562,600 $0 $562,600
2021 $4,764 $467,500 $0 $467,500
2020 $4,287 $424,900 $0 $424,900
2019 $4,094 $380,500 $0 $380,500
2018 $4,557 $402,900 $0 $402,900
2017 $4,435 $380,000 $0 $380,000
2016 $4,611 $368,000 $0 $368,000
2015 $4,011 $318,100 $0 $318,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72202692

MLS Property Information Network (MLS PIN)

APN: SOME-39C-23-1A