NOT LISTED FOR SALE

Estimated Value: $1,314,000 - $1,537,000

5 Beds
3 Baths
2,352 Sq Ft
$590/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,200,000 $510 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,389/month

7 Days on Market

Highlights

  • Fenced Yard
  • Balcony
  • Patio
  • Somerville High School Rated A-
  • Porch
  • 3-minute walk to Lincoln Park

About This Home

As of June 2021

Turn key two-family home situated on a beautiful tree-lined street and ideally located less than ¼ mile from both Union and Inman Squares. Unit 1 offers two bedrooms, one bathroom, and a light-filled kitchen with French doors leading to an elevated deck. Larger Unit 2 boasts three bedrooms, two recently renovated full bathrooms, and two levels of living. The third floor in the second unit has an under utilized living space that has the potential to either create a custom dressing room, home office or possible fourth bedroom. Conveniently located a short distance from the long-anticipated Union Square Green Line station (now scheduled to begin service October 2021), Lincoln Park, Bow Market, and all city points. Perfect for an owner occupant or investor. Current first floor tenant has a strong 6-year rental history and is currently on a lease until August 31st.

Last Agent to Sell the Property

The Team - Real Estate Advisors

Coldwell Banker Realty - Cambridge Listed on: 04/28/2021

Coldwell Banker Realty - Cambridge

Co-Listed By

Travers Peterson

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

The Team - Real Estate Advisors

Coldwell Banker Realty - Cambridge Listed on: 04/28/2021

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,348

Year Built

  • Built in 1900

Lot Details

  • Fenced Yard
  • Garden

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,348

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 420.49
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Main Lo: AN6181
  • Main So: AN6181
  • Estimated Sq Ft: 2352.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio, Balcony, Gutters, Fenced Yard, Garden Area
  • Foundation: Concrete Block

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 866000.00
  • Acre: 0.05
  • Lot Size: 2262.00
  • Page: 240
  • Zoning: RB
  • Lot Description: Cleared, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 1900
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 8824.54
  • Assessor Parcel Number: 758461
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 4, 2021
Sold by
Krefetz Joshua
Bought by
Larner Aaron N
Seller's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
Buyer's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
List Price
$989,000
Sold Price
$1,200,000
Premium/Discount to List
$211,000
21.33%
Total Days on Market
7
Current Estimated Value
$1,386,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,922
Avg. Annual Appreciation
2.33%
Original Mortgage
$920,000
Outstanding Balance
$841,962
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$473,622

Purchase Details

Closed on
Nov 16, 2011
Sold by
Brander Christian and Silva-Arrieta Sandra
Bought by
Krefetz Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,400
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 1989
Sold by
Bryans Ruth L
Bought by
Samuelson Edward M
Source: Public Records

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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
Larner Aaron N $1,200,000 None Available
Krefetz Joshua $492,000 --
Samuelson Edward M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larner Aaron N $920,000
Previous Owner Krefetz Joshua $182,000
Previous Owner Krefetz Joshua $624,000
Previous Owner Krefetz Joshua $637,500
Previous Owner Krefetz Joshua $240,000
Previous Owner Krefetz Joshua $344,400
Previous Owner Brander Christian $255,000
Previous Owner Brander Christian $125,000
Previous Owner Brander Christian $30,000
Previous Owner Brander Christian $308,000
Previous Owner Brander Christian $309,000
Previous Owner Samuelson Edward M $30,000
Previous Owner Samuelson Edward M $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $1,200,000 +21.3% $510 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $989,000 -- $420 / 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 $12,348 $1,131,800 $515,900 $615,900
2024 $11,791 $1,120,800 $515,900 $604,900
2023 $11,164 $1,079,700 $515,900 $563,800
2022 $9,563 $939,400 $491,300 $448,100
2021 $8,825 $866,000 $467,900 $398,100
2020 $8,320 $824,600 $449,900 $374,700
2019 $7,571 $703,600 $382,100 $321,500
2018 $7,099 $627,700 $347,300 $280,400
2017 $6,816 $584,100 $314,600 $269,500
2016 $6,950 $554,700 $309,200 $245,500
2015 $6,664 $528,500 $285,200 $243,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72821928

MLS Property Information Network (MLS PIN)

APN: SOME-000075-H000000-000018