$1,450,000
SOLD JAN 30, 2025
5 Beds
3 Baths
2,902 Sq Ft
3,400 Sq Ft Lot

Recently Sold

$500 Per Sq Ft

2% Above List Price

8 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • 1 Fireplace
  • Somerville High School Rated A-
  • Wood Flooring
  • 3-minute walk to Lexington Park

About This Home

As of January 2025

Add an investment property to your holiday gift list! 26 Pearson Ave. has been lovingly cared for over the last 24 years and is advantageously equidistant from two major T Stops - 0.4 miles from both Davis Sq. (Red Line) and Ball Sq. (Green Line). Registered and assessed as a 3-family with the city of Somerville, the second and third floor are currently utilized as a single bi-level unit, with an additional apartment on the first floor. However, with separately metered gas and electrical on each level (along with a public gas and electric meter), the home offers a diverse range of use for a variety of buyers. Investors can generate three (3) 2 bed, 1 bath units with minimal reconfiguration, or owner-occupants can maintain the existing layout and live in an expansive bi-level dwelling with a secondary unit to offset their mortgage. In either scenario, the open concept floorplans, gleaming hardwood floors, front/back decks and original period details make for an incredible opportunity.

Last Agent to Sell the Property

Joe Danisch

Coelho Realty Group LLC Listed on: 12/03/2024

Last Buyer's Agent

John Bulman

Brad Hutchinson Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,968

Year Built

  • Built in 1900

Lot Details

  • 3,400 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,902 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 751076

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,968

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Concrete
  • Living Area: 2902
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4865
  • MAIN SO: B11101

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: 751076
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3400
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13968

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Ryan Alexander D and Ryan Nicole M
Bought by
Pearson & Main Realty Llc
Current Estimated Value
$1,456,013

Purchase Details

Listed on
Dec 3, 2024
Closed on
Jan 30, 2025
Sold by
Martinsen Mary T and Scaringe James A
Bought by
Ryan Alexander D and Ryan Nicole M
Seller's Agent
Joe Danisch
Coelho Realty Group LLC
Buyer's Agent
John Bulman
Brad Hutchinson Real Estate
List Price
$1,425,000
Sold Price
$1,450,000
Premium/Discount to List
$25,000
1.75%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$1,087,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $1,450,000 None Available
Quit Claim Deed $1,450,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,087,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $1,450,000 +1.8% $500 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $1,425,000 -- $491 / 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 $14,802 $1,356,700 $690,900 $665,800
2024 $13,968 $1,327,800 $690,900 $636,900
2023 $13,667 $1,321,800 $690,900 $630,900
2022 $13,003 $1,277,300 $658,000 $619,300
2021 $12,348 $1,211,800 $653,200 $558,600
2020 $11,852 $1,174,600 $653,700 $520,900
2019 $11,229 $1,043,600 $595,000 $448,600
2018 $10,374 $917,200 $541,000 $376,200
2017 $10,211 $875,000 $510,300 $364,700
2016 $10,027 $800,200 $455,800 $344,400
2015 $9,541 $756,600 $420,900 $335,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73316883

MLS Property Information Network (MLS PIN)

APN: SOME-000028-D000000-000010