NOT LISTED FOR SALE

261 Highland Ave Unit 3 Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $651,000 - $770,000

2 Beds
1 Bath
937 Sq Ft
$280/mo HOA Fee

Last Sold May 09, 2022

Last sale price $640,000 $683 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,587/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Community Pool
  • Somerville High School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2022

The perfect union of location, comfort, and convenience! During COVID our homes became our offices, movie theaters, yoga retreats, etc. This sun-filled Highland condo will grow with you, with two bedrooms that could be used to host friends/roommates/or even convert one of the bedrooms into your very own home office! Well laid out space, tall ceilings, gas cooking, full size dining room makes it easy to entertain. Well managed association with high owner occupancy, stable condo fee and sizable reserve. Pet friendly. Dedicated basement storage. Near bike path, many public transport options, restaurants, shops. Walk everywhere. Bus stop in front makes trips to Davis super quick. Cute shops near by (bakery, cafe, deli, etc), the best of what Davis Square has to offer right at your fingertips!

Last Agent to Sell the Property

KatyaPitts &Team

Leading Edge Real Estate Listed on: 03/30/2022

Leading Edge Real Estate

Co-Listed By

Lisandro Pitta

Leading Edge Real Estate

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,953

Year Built

  • Built in 1900

Lot Details

  • Two or More Common Walls

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 937 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Linen Closet In Bathroom

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:34 B:E L:55 U:2613,4628321

Community Details

Overview

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

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,953

Year Built

Built in 1900

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1900
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 110
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 121
  • Bathroom 1 Area: 35
  • Bathroom 1 Features: Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Dining Room Area: 132
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Room Kitchen Area: 126
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Second
  • Room Living Room Area: 143
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 937
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 602.99
  • PRICE PER Sq Ft: 683.03
  • MAIN SO: G62122

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:34 B:E L:55 U:2613,4628321
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 200
  • OUTDOOR SPACE AVAILABLE: No

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4953
  • Tax Book Number: 67069

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
Mar 2, 2016
Closed on
Apr 11, 2016
Sold by
Gertner Leo K
Bought by
Parsons Andrew
Seller's Agent
Katya Pitts
Leading Edge Real Estate
Buyer's Agent
Sarah Herbert
Charlesgate Realty Group, llc
List Price
$439,000
Sold Price
$478,000
Premium/Discount to List
$39,000
8.88%
Current Estimated Value
$711,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,587
Avg. Annual Appreciation
4.29%
Original Mortgage
$382,400
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Carey Matthew and Brown Corey
Bought by
Gertner Leo K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,400
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2006
Sold by
Laurel Heights Realty
Bought by
Brown Corey and Carey Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Parsons Andrew $478,000 --
Gertner Leo K $286,750 --
Brown Corey $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Parsons Andrew $382,400
Previous Owner Gertner Leo K $229,400
Previous Owner Brown Corey $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $640,000 +13.3% $683 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $565,000 0.0% $603 / Sq Ft
11/18/2017 11/18/17 Rented $1,900 0.0% --
11/17/2017 11/17/17 Under Contract -- -- --
11/14/2017 11/14/17 Price Changed $1,900 -5.0% $2 / Sq Ft
11/13/2017 11/13/17 Price Changed $2,000 -4.8% $2 / Sq Ft
11/06/2017 11/06/17 Price Changed $2,100 -8.7% $2 / Sq Ft
10/17/2017 10/17/17 For Rent $2,300 0.0% --
04/11/2016 04/11/16 Sold $478,000 +8.9% $510 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $439,000 -- $469 / 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 $6,407 $587,300 $0 $587,300
2024 $6,178 $587,300 $0 $587,300
2023 $5,271 $509,800 $0 $509,800
2022 $4,953 $486,500 $0 $486,500
2021 $4,799 $471,000 $0 $471,000
2020 $4,708 $466,600 $0 $466,600
2019 $4,496 $417,800 $0 $417,800
2018 $4,657 $411,800 $0 $411,800
2017 $3,472 $297,500 $0 $297,500
2016 $3,680 $293,700 $0 $293,700
2015 $3,359 $266,400 $0 $266,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    KatyaPitts &Team

    Leading Edge Real Estate

    (781) 643-0430

    2 in this area

    106 Total Sales

    KatyaPitts &Team
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lisandro Pitta

    Leading Edge Real Estate

    (978) 332-1727

    1 in this area

    6 Total Sales

    Lisandro Pitta
    Section Image
  • Team Lillian Montalto

    Buyer's Agent in 2022

    Team Lillian Montalto

    Lillian Montalto Signature Properties

    (978) 815-6301

    3 in this area

    1,006 Total Sales

    Team Lillian Montalto
    Section Image

  • S

    Seller's Agent in 2017

    Susan Doig | Sarah Herbert Team

    Charlesgate Realty Group, llc

  • S

    Buyer's Agent in 2017

    Sarah Herbert

    Charlesgate Realty Group, llc

    (617) 587-0100

    30 Total Sales

    Sarah Herbert
    Section Image
  • Katya Pitts

    Seller's Agent in 2016

    Katya Pitts

    Leading Edge Real Estate

    (617) 335-8552

    1 in this area

    31 Total Sales

    Katya Pitts
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72959850

MLS Property Information Network (MLS PIN)

APN: SOME-000034-E000000-000055-000261-3

Massachusetts Middlesex County Somerville 02143 Spring Hill

261 Highland Ave Unit 3, Somerville, MA

This home is located at 261 Highland Ave Unit 3, Somerville, MA 02143 since 30 March 2022 and is currently estimated at $711,587, approximately $759 per square foot. This property was built in 1900. 261 Highland Ave Unit 3 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St. Clement Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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