NOT LISTED FOR SALE

Estimated Value: $1,401,000 - $2,444,000

5 Beds
5 Baths
2,349 Sq Ft
$828/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $1,425,000 $607 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,046/month

51 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Porch
  • Somerville High School Rated A-
  • Balcony

About This Home

As of October 2018

Rare to market 3 decker in very well maintained condition just off Union Sq and near the Twin City Mall with separate systems,3 different garage bays totaling over 2000 sf of space great for contractors and or developers. Unit one is on two floors with 2+ bedrooms, 2 full baths, a study, with various possibilities. One garage fronts on Horace St and has its own hvac system. Over the past 9 years there were many improvements including rubber roofs, replacement windows , heat and hot water systems, electric work, This particular end of town lends itself to the new Greenline extension, and since being on the Cambridge line, its close to East Cambridge and Cambridge St with all kinds of coffee houses, shops, and restaurants. With its proximity to the fast changing popular Union Square, as well as Lechmere Station, the Twin City Mall, the new Metro 9 Condominium complex coming, and all the exciting East Cambridge cafes and restaurants, there is strong upside ahead.

Last Agent to Sell the Property

Gary Vrotsos

Coldwell Banker Realty - Cambridge Listed on: 07/11/2018

Coldwell Banker Realty - Cambridge

Co-Listed By

Gary S. Vrotsos

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Femion Mezini

Capital Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,171

Year Built

  • Built in 1920

Lot Details

  • 5,663

Parking

  • 9 Car Garage

Interior Spaces

  • Window Screens
  • Wood Flooring
  • City Views
  • Basement

Outdoor Features

  • Balcony
  • Porch

Additional Features

  • Year Round Access
  • Natural Gas Water Heater

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,171

Year Built

Built in 1920

Lot Details

0

Parking

9

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 638.14
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 5
  • Total Fbh: 5
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Partially Finished
  • Main Lo: K95001
  • Main So: NB2726
  • Estimated Sq Ft: 2349.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Shingles, Asbestos
  • Exterior Features: Porch, Balcony, Screens, City View(s)
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem, On Street Permit, Paved Driveway
  • Parking Spaces: 3
  • Garage Spaces: 9

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling Zones: 1
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Cooling Units: 1

Condo/Co-op/Association

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

Lot Info

  • Assessments: 873200.00
  • Acre: 0.13
  • Lot Size: 5460.00
  • Page: 408
  • Zoning: ResB
  • Lot Description: Paved Drive, City View(s), Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 4
  • Total Levels: 4
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 10190.00
  • Assessor Parcel Number: 760682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2020
Sold by
Williams Benjamin
Bought by
Kaeo Holdings Llc
Current Estimated Value
$1,945,333

Purchase Details

Listed on
Jul 11, 2018
Closed on
Oct 2, 2018
Sold by
28 Ward Street Llc
Bought by
Williams Benjamin
Seller's Agent
Gary Vrotsos
Coldwell Banker Realty - Cambridge
Buyer's Agent
Femion Mezini
Capital Realty Group
List Price
$1,595,000
Sold Price
$1,425,000
Premium/Discount to List
-$170,000
-10.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$1,000,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2016
Sold by
Andrade Stephen P and Dedic George
Bought by
28 Ward Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Barry John H and Barry Lisa A
Bought by
Dedic George and Andrade Stephen P
Source: Public Records

Range of Values:

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Average Value
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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
Kaeo Holdings Llc -- None Available
Kaeo Holdings Llc -- None Available
Williams Benjamin $1,425,000 --
Williams Benjamin $1,425,000 --
28 Ward Street Llc -- --
28 Ward Street Llc -- --
Dedic George $540,000 --
Dedic George $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 28 Ward Llc $1,750,000
Closed 28 Ward Llc $1,750,000
Open Somerville Horace Mm Llc $3,300,000
Closed Somerville Horace Mm Llc $3,300,000
Closed Kaeo Hldg Llc $500,000
Previous Owner Williams Benjamin $1,000,000
Previous Owner 28 Ward Street Llc $445,000
Previous Owner Barry John H $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $1,425,000 -4.9% $607 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/05/2018 08/05/18 Price Changed $1,499,000 -6.0% $638 / Sq Ft
07/11/2018 07/11/18 For Sale $1,595,000 -- $679 / 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 $20,171 $1,848,900 $680,200 $1,168,700
2024 $19,038 $1,809,700 $680,200 $1,129,500
2023 $14,822 $1,433,500 $680,200 $753,300
2022 $14,127 $1,387,700 $647,900 $739,800
2021 $13,578 $1,332,500 $617,000 $715,500
2020 $13,206 $1,308,800 $593,300 $715,500
2019 $12,245 $1,138,000 $503,700 $634,300
2018 $10,610 $938,100 $458,000 $480,100
2017 $10,190 $873,200 $414,700 $458,500
2016 $10,122 $807,800 $407,600 $400,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72360641

MLS Property Information Network (MLS PIN)

APN: SOME-000097-B000000-000013