Z
Seller's Agent in 2022
Zhengnan Kang
Blue Ocean Realty, LLC
(413) 275-6047
1 in this area
38 Total Sales
28 Moreland St Somerville, MA 02145
Ten Hills NeighborhoodEstimated Value: $1,790,000 - $1,936,000
12
Beds
4
Baths
4,048
Sq Ft
$457/Sq Ft
Est. Value
Highlights
- 0.19 Acre Lot
- Property is near public transit
- Park
- Somerville High School Rated A-
- Jogging Path
- Shops
About This Home
As of March 2022DEVELOPERS & INVESTORS TAKE NOTICE ! This 3-unit multi-family building boasts two 4 bed/1 bath units and one 4 bed/2 bath unit with great renting & investing potential. Over 4,000 total square feet of living space and 10 parking spaces for renting or assigning to tenants. The land consists 8112 Sqft and potential to do a development. Attractive location for renters, with extension T stations (Magoun Square) and shopping within walking distance at Assembly & Wellington.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,326
Year Built
- Built in 1910
Lot Details
- 8,276 Sq Ft Lot
- Near Conservation Area
Parking
- 10 Car Parking Spaces
Home Design
- 4,048 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Additional Features
- Partially Finished Basement
Listing and Financial Details
- Total Actual Rent $7,350
- Assessor Parcel Number 754432
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Net Operating Income $88,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2021
Closed on
Mar 4, 2022
Sold by
28 Moreland Llc
Bought by
Ye Tao and Zhang Shucha
Seller's Agent
Zhengnan Kang
Blue Ocean Realty, LLC
Buyer's Agent
Ning Sun
Phoenix Real Estate
List Price
$1,699,000
Sold Price
$1,660,000
Premium/Discount to List
-$39,000
-2.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,088
Avg. Annual Appreciation
3.03%
Original Mortgage
$1,245,000
Outstanding Balance
$1,160,176
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$687,912
Purchase Details
Listed on
Dec 13, 2019
Closed on
Feb 18, 2020
Sold by
Singh Ranjit and Kaur Ravinder
Bought by
28 Moreland Llc
Seller's Agent
Dave DiGregorio Jr.
Coldwell Banker Realty - Waltham
Buyer's Agent
Dennis Pan
Fathom Realty MA
List Price
$1,675,000
Sold Price
$1,580,000
Premium/Discount to List
-$95,000
-5.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$1,106,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 2, 2016
Sold by
Singh Ranjit and Singh Gurdev
Bought by
Singh Ranjit and Kaur Ravinder
Purchase Details
Closed on
Aug 3, 1998
Sold by
Barbosa Francisco P and Barbosa Joana M
Bought by
Singh Ranjit and Singh Gurdev
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 28, 1989
Sold by
Boncore Salvatore
Bought by
Barbosa Francisco P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
9.83%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ye Tao | $1,660,000 | None Available | |
| 28 Moreland Llc | $1,580,000 | None Available | |
| Singh Ranjit | -- | -- | |
| Singh Ranjit | $288,000 | -- | |
| Barbosa Francisco P | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ye Tao | $1,245,000 | |
| Previous Owner | 28 Moreland Llc | $1,106,000 | |
| Previous Owner | Barbosa Francisco P | $259,200 | |
| Previous Owner | Barbosa Francisco P | $247,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/04/2022 03/04/22 | Sold | $1,660,000 | -2.3% | $410 / Sq Ft | |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- | |
| 07/13/2021 07/13/21 | For Sale | $1,699,000 | 0.0% | $420 / Sq Ft | |
| 07/01/2021 07/01/21 | Pending | -- | -- | -- | |
| 05/21/2021 05/21/21 | Price Changed | $1,699,000 | -2.9% | $420 / Sq Ft | |
| 03/17/2021 03/17/21 | For Sale | $1,750,000 | +10.8% | $432 / Sq Ft | |
| 02/21/2020 02/21/20 | Sold | $1,580,000 | -5.7% | $390 / Sq Ft | View Prior Sale |
| 12/22/2019 12/22/19 | Pending | -- | -- | -- | |
| 12/13/2019 12/13/19 | For Sale | $1,675,000 | -- | $414 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $16,840 | $1,543,500 | $413,000 | $1,130,500 |
| 2024 | $15,717 | $1,494,000 | $413,000 | $1,081,000 |
| 2023 | $15,842 | $1,532,100 | $413,000 | $1,119,100 |
| 2022 | $15,176 | $1,490,800 | $393,300 | $1,097,500 |
| 2021 | $14,428 | $1,415,900 | $357,300 | $1,058,600 |
| 2020 | $12,326 | $1,221,600 | $343,500 | $878,100 |
| 2019 | $11,402 | $1,059,700 | $289,100 | $770,600 |
| 2018 | $9,377 | $829,100 | $262,800 | $566,300 |
| 2017 | $9,167 | $785,500 | $247,900 | $537,600 |
| 2016 | $8,360 | $667,200 | $201,300 | $465,900 |
| 2015 | $7,874 | $624,400 | $200,200 | $424,200 |
Source: Public Records
Agents Affiliated with this Home
-
Zhengnan Kang
-
Rose Hall
Seller Co-Listing Agent in 2022
Rose Hall
Blue Ocean Realty, LLC
(857) 207-7579
1 in this area
344 Total Sales
-
Ning Sun
Buyer's Agent in 2022
Ning Sun
Phoenix Real Estate
(781) 386-7257
3 in this area
257 Total Sales
-
Dave DiGregorio Jr.
Seller's Agent in 2020
Dave DiGregorio Jr.
Coldwell Banker Realty - Waltham
(617) 909-7888
597 Total Sales
-
Massis Khoumjian
Seller Co-Listing Agent in 2020
Massis Khoumjian
Coldwell Banker Realty - Waltham
(781) 888-5363
31 Total Sales
-
D
Buyer's Agent in 2020
Dennis Pan
Fathom Realty MA
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72799976
APN: SOME-000047-B000000-000009
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.
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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