NOT LISTED FOR SALE

261 Highland Ave Unit 2 Somerville, MA 02143

Estimated Value: $370,000 - $523,000

-- Bed
1 Bath
418 Sq Ft
$165/mo HOA Fee

Last Sold August 05, 2022

Last sale price $355,000 $849 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,802/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Patio
  • Somerville High School Rated A-
  • Wood Flooring
  • Park

About This Home

As of August 2022

Must-see studio unit with private patio near Davis Square! Direct entrance to this unit make it so easy to step out to local amenities. The kitchen boasts stainless steel appliances, granite countertops and a breakfast bar for seating. Additional features include hardwood floors, recessed lighting and built-in storage. The spacious patio offers private outdoor space for relaxing and entertaining. Generous dedicated storage area and coin-op laundry facilities in the basement. Stable, self-managed association in small building with high owner occupancy. A great opportunity for investors or owner-occupied buyer. Convenient location nearby to shops, restaurants, bike path, park and public transportation. So much to love about this condo close to Porter and Davis Square!

Last Agent to Sell the Property

Katie Tully

Better Homes and Gardens Real Estate - The Shanahan Group Listed on: 06/16/2022

Better Homes and Gardens Real Estate - The Shanahan Group

Last Buyer's Agent

Catherine Albiani

Better Homes and Gardens Real Estate - The Shanahan Group

Better Homes and Gardens Real Estate - The Shanahan Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 1900

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 1 Full Bathroom
  • 418 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:34 B:E L:55 U:2612,4696621

Community Details

Overview

  • Association fees include water, sewer, insurance, reserve funds
  • 8 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,085

Year Built

Built in 1900

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Tank Water Heater, Utility Connections for Electric Range
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Living Area: 418
  • Stories Total: 1
  • MAIN LO: AN0122
  • LIST PRICE PER Sq Ft: 834.93
  • PRICE PER Sq Ft: 849.28
  • MAIN SO: AN0122

Exterior Features

  • Patio And Porch Features: Patio
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Electric
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Reserve Funds

Lot Info

  • Parcel Number: M:34 B:E L:55 U:2612,4696621
  • Zoning: UR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 68
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3085
  • Tax Book Number: 59355

Multi Family

  • Number Of Units Total: 8
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jun 22, 2012
Sold by
Riehl Michelle
Bought by
Buonocore Michael
Seller's Agent
Kate Biggar
Yard For The Dog
Buyer's Agent
Lisa Doherty Santana
Keller Williams Realty Boston Northwest
List Price
$189,900
Sold Price
$181,000
Premium/Discount to List
-$8,900
-4.69%
Current Estimated Value
$420,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,560
Avg. Annual Appreciation
6.23%
Original Mortgage
$136,125
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2009
Sold by
Laurel Hts Realty Llc
Bought by
Riehl Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Buonocore Michael $181,500 --
Riehl Michelle $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thrapp Andrew $284,000
Closed Thrapp Andrew $35,500
Closed Buonocore Michael $136,125
Previous Owner Riehl Michelle $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $355,000 +1.7% $849 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $349,000 +92.8% $835 / Sq Ft
06/22/2012 06/22/12 Sold $181,000 -4.7% $433 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $189,900 -- $454 / 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 $3,527 $323,300 $0 $323,300
2024 $3,401 $323,300 $0 $323,300
2023 $3,282 $317,400 $0 $317,400
2022 $3,085 $303,000 $0 $303,000
2021 $2,990 $293,400 $0 $293,400
2020 $2,933 $290,700 $0 $290,700
2019 $2,804 $260,600 $0 $260,600
2018 $2,503 $221,300 $0 $221,300
2017 $2,524 $216,300 $0 $216,300
2016 $2,452 $195,700 $0 $195,700
2015 $2,276 $180,500 $0 $180,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72998956

MLS Property Information Network (MLS PIN)

APN: SOME-000034-E000000-000055-000261-2