NOT LISTED FOR SALE

28 Fairmount Ave Somerville, MA 02144

Teele Square Neighborhood

Estimated Value: $1,479,000 - $1,851,435

3 Beds
4 Baths
3,553 Sq Ft
$469/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $1,225,000 $345 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,164/month

8 Days on Market

Highlights

  • Porch
  • Garden
  • 5-minute walk to North Street Veterans Playground
  • Somerville High School Rated A-
  • Storage Shed

About This Home

As of October 2018

Attention investors, builders, contractors & homeowners. Beautiful legal 3 family Philadelphia Style home in a fantastic location! Only 1 block to Broadway, 2.5 mi to Alewife T Station, & just moments to Red Line,Tufts University & Davis, Porter & Teele Squares. The first unit features a large foyer, formal DR, spacious eat in kitchen, mudroom with exterior access, 1 BR, 1 bath & bonus room in the lower level. Unit two can easily convert to a 3 BR but currently has an office, living room, den, formal DR, 1 BR, 1 bath, spacious eat in kitchen & fantastic private porch! The third floor features 1 BR with double closets, extra large eat in kitchen, living room & 1 bath. Original character remains in the built in china cabinets, glass knobs, beautiful staircases, & detailed hardwood floors. But opportunity within the space is endless! All units have interior access to the basement with ample storage, access to the shared laundry & systems & additional 1/2 bath. Fantastic investment

Last Agent to Sell the Property

Alicia Robillard

Century 21 North East Listed on: 09/05/2018

Century 21 North East

Last Buyer's Agent

Max Dublin

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,163

Year Built

  • Built in 1910

Lot Details

  • Year Round Access
  • Garden

Outdoor Features

  • Storage Shed
  • Porch

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,163

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 344.75
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Storage, Philadelphia, Cedar Closet
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Varies Per Unit
  • Total Flrs: 6
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 16
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: AN4339
  • Main So: BB5918
  • Estimated Sq Ft: 3553.00

Exterior Features

  • Roof Material: Slate
  • Exterior: Stucco
  • Exterior Features: Porch, Storage Shed, Garden Area
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • App Common: Washer, Dryer

Lot Info

  • Assessments: 976400.00
  • Acre: 0.09
  • Lot Size: 3920.00
  • Page: 467
  • Zoning: RA
  • Lot Description: Corner

Multi Family

  • Heat Units: 2
  • Total Levels: 4
  • Total Rent: 5200
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Assessor Parcel Number: 747992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 31, 2018
Sold by
Simeone Theresa Est
Bought by
Dublin Max and Spring Kurt
Seller's Agent
Alicia Robillard
Century 21 North East
Buyer's Agent
Max Dublin
Gibson Sotheby's International Realty
List Price
$1,224,900
Sold Price
$1,225,000
Premium/Discount to List
$100
0.008%
Current Estimated Value
$1,665,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,359
Avg. Annual Appreciation
4.41%
Original Mortgage
$825,825
Outstanding Balance
$721,647
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$943,712

Purchase Details

Closed on
Jan 27, 2016
Sold by
Simeone Ft
Bought by
Simeone Theresa
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
Dublin Max $1,179,750 --
Simeone Theresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dublin Max $825,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $1,225,000 0.0% $345 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $1,224,900 -- $345 / 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 $17,163 $1,573,100 $711,300 $861,800
2024 $16,155 $1,535,600 $711,300 $824,300
2023 $16,229 $1,569,500 $711,300 $858,200
2022 $15,473 $1,519,900 $677,400 $842,500
2021 $14,594 $1,432,200 $672,400 $759,800
2020 $13,940 $1,381,600 $672,900 $708,700
2019 $11,972 $1,112,600 $612,500 $500,100
2018 $11,043 $976,400 $556,900 $419,500
2017 $10,885 $932,700 $525,300 $407,400
2016 $10,528 $840,200 $469,200 $371,000
2015 $10,102 $801,100 $433,300 $367,800
Source: Public Records

Agents Affiliated with this Home

  • Alicia Robillard

    Seller's Agent in 2018

    Alicia Robillard

    Century 21 North East

    (781) 296-6709

    84 Total Sales

    Alicia Robillard
    Section Image
  • Max Dublin

    Buyer's Agent in 2018

    Max Dublin

    Gibson Sothebys International Realty

    (617) 230-7615

    3 in this area

    142 Total Sales

    Max Dublin
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72389362

MLS Property Information Network (MLS PIN)

APN: SOME-000008-E000000-000001

Massachusetts Middlesex County Somerville 02144 Teele Square

28 Fairmount Ave, Somerville, MA

Not Listed for Sale

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