NOT LISTED FOR SALE

28 Burnside Ave Somerville, MA 02144

Porter Square Neighborhood

Estimated Value: $2,111,000

7 Beds
2.5 Baths
2,786 Sq Ft
$758/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $1,275,000 $458 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $12,587/month

6 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Porter Square Station
  • 1 Car Garage
  • Somerville High School Rated A-

About This Home

As of June 2022

Here is an over-sized two family in an absolute perfect location on a side street steps to Porter Square and easy walking distance to Davis Square. Whether you want to move right in and build equity over time, rent out the units as is, or renovate and create something special - this classic Somerville multi awaits your vision. The first floor is a four room two bedroom rented through 5/31/2022. The upper level unit is on two floors featuring an updated eat in kitchen kitchen with new floor, new counter length backsplash, new granite counter top, dishwasher, and tons of cabinet space. There are 1.5 bathrooms and five large bedrooms. The unit is vacant and ready to rent. Laundry in the basement. The driveway fits two to three cars and the extra-wide one-car garage has plenty of room for a full sized vehicle and storage. Front and back porch, yard, and patio. And all this exactly where you want to be!

Last Agent to Sell the Property

Dave Scott

Apartment Rental Experts LLC Listed on: 03/23/2022

Last Buyer's Agent

Sandra DeOliveira

Empire Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,286

Year Built

  • Built in 1915

Lot Details

  • 3,260 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Brick Foundation
  • Stone Foundation

Interior Spaces

  • 2,786 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • 2 Heating Zones
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $30,000

Listing and Financial Details

  • Total Actual Rent $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,286

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1915
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 7
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
  • Living Area: 2786
  • Stories Total: 3
  • MAIN LO: BB9012
  • MAIN SO: AN4004

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Lot Info

  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3260
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12286.24

Multi Family

  • Net Operating Income: 30000
  • Number Of Units Total: 2
  • Total Actual Rent: 2500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
28 Burnside Llc
Bought by
Kakileti Snehaseel and Wadhera Deepti
Current Estimated Value
$2,111,000

Purchase Details

Listed on
Mar 23, 2022
Closed on
Jun 2, 2022
Sold by
Marianne Breen Lt and Breen
Bought by
28 Burnside Llc
Seller's Agent
Dave Scott
Apartment Rental Experts LLC
Buyer's Agent
Sandra DeOliveira
Empire Realty Group
List Price
$1,350,000
Sold Price
$1,275,000
Premium/Discount to List
-$75,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.35%
Original Mortgage
$1,730,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2018
Sold by
Prince Rt and Duclersaint
Bought by
Marianne Breen Lt and Breen
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 Buyer Sale Price Title Company
Kakileti Snehaseel $1,700,000 None Available
Kakileti Snehaseel $1,700,000 None Available
28 Burnside Llc $1,275,000 None Available
28 Burnside Llc $1,275,000 None Available
Marianne Breen Lt -- --
Marianne Breen Lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 28 Burnside Llc $1,730,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $1,275,000 -5.6% $458 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,350,000 -- $485 / 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
2024 $18,190 $1,729,100 $815,800 $913,300
2023 $13,059 $1,263,000 $815,800 $447,200
2022 $12,286 $1,206,900 $777,000 $429,900
2021 $11,999 $1,177,500 $771,300 $406,200
2020 $11,128 $1,102,900 $720,400 $382,500
2019 $11,096 $1,031,200 $702,600 $328,600
2018 $10,381 $917,900 $638,700 $279,200
2017 $10,166 $871,100 $602,600 $268,500
2016 $8,687 $693,300 $448,400 $244,900
2015 $8,285 $657,000 $414,200 $242,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dave Scott

    Apartment Rental Experts LLC

    (617) 821-7598

    1 in this area

    8 Total Sales

    Dave Scott
    Section Image
  • Sandra DeOliveira

    Buyer's Agent in 2022

    Sandra DeOliveira

    Empire Realty Group

    (617) 290-8460

    2 in this area

    12 Total Sales

    Sandra DeOliveira
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72956709

MLS Property Information Network (MLS PIN)

APN: SOME-000030-B000000-000012

Massachusetts Middlesex County Somerville 02144 Porter Square

28 Burnside Ave, Somerville, MA

Not Listed for Sale

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