NOT LISTED FOR SALE

Estimated Value: $1,704,000 - $2,290,154

6 Beds
3 Baths
3,600 Sq Ft
$573/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $1,250,000 $347 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $13,139/month

60 Days on Market

About This Home

As of September 2016

ACT FAST! Very spacious 3 family home located just blocks from both Teele and Davis Squares. Parking is at a premium in Somerville, but not here. This property includes a large 2 car garage and oversized driveway easily fitting up to 8 cars if needed. Each unit boasts a large layout of 2 beds, 1 bath, living room, dining room, and kitchen. The 2nd and 3rd floor units also have 2 enclosed decks one within the unit and one outside providing extra living and storage space. Property has been well maintained by the same owner for over 40 years and is just waiting for the next savvy owner to come in and modernize it. $3,000+ a month potential per unit. Do not hesitate on this one!

Last Agent to Sell the Property

Robert McConaghy

North Corner Realty License #449585730 Listed on: 03/17/2016

Last Buyer's Agent

Manish Kumar

Maven Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,605

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 17
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, T-Station, University
  • Flooring: Wood, Tile
  • Basement: Full, Concrete Floor, Unfinished Basement
  • Total Levels: 3

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: RB
  • Lot: 20

Multi Family

  • Heat Units: 3
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2016
Closed on
Sep 23, 2016
Sold by
Ingraiti Francesco and Ingraiti Vittorio
Bought by
Lacourt Enterprises Ll
Seller's Agent
Robert McConaghy
North Corner Realty
Buyer's Agent
Manish Kumar
Maven Realty
List Price
$1,499,000
Sold Price
$1,250,000
Premium/Discount to List
-$249,000
-16.61%
Current Estimated Value
$2,086,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$836,132
Avg. Annual Appreciation
5.50%
Original Mortgage
$820,000
Interest Rate
4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lacourt Enterprises Ll $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacourt Enterprises Llc $1,098,500
Closed Lacourt Enterprises Ll $820,000
Previous Owner Ingraiti Francesco $175,000
Previous Owner Ingraiti Josephine $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $1,250,000 -10.7% $347 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
04/28/2016 04/28/16 Price Changed $1,400,000 -12.4% $389 / Sq Ft
03/22/2016 03/22/16 Price Changed $1,599,000 +6.7% $444 / Sq Ft
03/17/2016 03/17/16 For Sale $1,499,000 -- $416 / 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 $20,605 $1,888,600 $760,000 $1,128,600
2024 $19,353 $1,839,600 $760,000 $1,079,600
2023 $18,894 $1,827,300 $760,000 $1,067,300
2022 $18,026 $1,770,700 $723,800 $1,046,900
2021 $17,452 $1,712,700 $702,600 $1,010,100
2020 $16,797 $1,664,700 $654,600 $1,010,100
2019 $15,812 $1,469,500 $582,000 $887,500
2018 $13,963 $1,234,600 $579,900 $654,700
2017 $11,552 $989,900 $547,100 $442,800
2016 $11,290 $901,000 $516,800 $384,200
2015 $10,447 $828,500 $473,200 $355,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71974281

MLS Property Information Network (MLS PIN)

APN: SOME-000013-B000000-000020