$478,000
SOLD APR 11, 2016

261 Highland Ave Unit 3 Somerville, MA 02143

2 Beds
1 Bath
937 Sq Ft
1900 Built

Recently Sold

$510 Per Sq Ft

9% Above List Price

7 Days on Market

About This Home

As of May 2022

A perfect union of location and convenience! Sun-filled 2-bedroom condo home, 15 minute walk to Davis and Porter Squares. Bright, open, airy, plenty of room to breathe. Well laid out space, gas cooking, one bedroom faces Highland Ave, another bedroom faces back of the building. Full size dining room makes it easy to entertain. Many recent updates: NEW roof, NEW water heater and NEW boiler. Well managed association with high owner occupancy, stable condo fee and sizable reserve. Pet friendly. Extra storage in the basement. Near bike path, many public transport options, restaurants, shops. Walk everywhere.

Last Agent to Sell the Property

Katya Pitts

Leading Edge Real Estate Listed on: 03/02/2016

Leading Edge Real Estate

Last Buyer's Agent

Sarah Herbert

Charlesgate Realty Group, llc

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,407

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Bedroom 2: Second Floor, 10X11
  • Bathroom #1: Second Floor, 5X7
  • Kitchen: Second Floor, 14X9
  • Laundry Room: Basement
  • Living Room: Second Floor, 13X11
  • Master Bedroom: Second Floor, 11X11
  • Master Bedroom Description: Closet - Walk-in, Flooring - Hardwood
  • Dining Room: Second Floor, 12X11
  • No Living Levels: 1

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Brick, Stone

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Electric, Water, Sewer, Master Insurance, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 8
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: res.

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
$722,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,886
Avg. Annual Appreciation
4.40%
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

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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 Type Sale Price Title Company
Not Resolvable $478,000 --
Deed $286,750 --
Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $382,400 New Conventional
Previous Owner $225,807 No Value Available
Previous Owner $229,400 Purchase Money Mortgage
Previous Owner $212,000 Purchase Money Mortgage
Previous Owner $34,750 No Value Available
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71966946

MLS Property Information Network (MLS PIN)

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