Paul Connolly
1M Realty LLC
(339) 300-9513
40 Total Sales
5 in Prospect Hill
$630K - $1.2M Price Range
29 Lake St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,381,000 - $1,638,471
6
Beds
2
Baths
2,299
Sq Ft
$640/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Fenced Yard
- Patio
- Somerville High School Rated A-
- Porch
- 4-minute walk to Quincy Street Open Space
About This Home
As of April 2021Life is good in red hot Union Square! Here’s your chance to take advantage of an incredible opportunity to own an investment property in the heart Somerville’s favorite neighborhood. Centrally located w/in walking distance to Bow’s Market, future GLX, local restaurants, Market Basket, & MBTA lines taking you right into Boston & Cambridge. Close to Harvard University with quick access to Rt 93 & 95; you couldn’t ask for a better location! This 3 story 2-family offers a flexible floor plan with room to expand. Unit 1, currently occupied, features eat in kitchen, in-unit laundry, hardwood floors, 2 beds & full BA. Unit 2, currently vacant, spans 2 floors w/large kitchen, laundry, office, full BA, 3/4 beds with 9’ ceilings & hardwood floors. Carpeted top level offers 4 rooms, with space to add additional BA or bedroom. Shared basement provides plenty of storage, while fenced in yard offers room to entertain & grill. Strong rental history, in a fantastic spot, makes this house a winner!
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- Fenced Yard
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Tile
Outdoor Features
- Patio
- Porch
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:74 B:B L:28
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2021
Closed on
Apr 15, 2021
Sold by
Bought by
Seller's Agent
Susan Gormady
Classified Realty Group
Buyer's Agent
Liz & Ellie Real Estate
Compass
List Price
$1,085,000
Sold Price
$1,050,000
Premium/Discount to List
-$35,000
-3.23%
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
$421,368
Avg. Annual Appreciation
6.57%
Original Mortgage
$892,500
Outstanding Balance
$789,927
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$681,441
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Prospect Hill, MA
-
Paul Connolly
-
Kiki Williams
Kiki Williams
Coldwell Banker Realty - Newton
(857) 386-7165
15 Total Sales
1 in Prospect Hill
$1,335,000 Price
-
Rachel Hillman Foy
Rachel Hillman Foy
Hillman Homes
(774) 806-8325
138 Total Sales
1 in Prospect Hill
$1,670,000 Price
-
Assunta Palomba
Assunta Palomba
Mango Realty, Inc.
(857) 305-4635
57 Total Sales
1 in Prospect Hill
$625,000 Price
-
Wei Wang
Wei Wang
WW Real Estate LLC
(351) 666-8861
77 Total Sales
1 in Prospect Hill
$925,000 Price
-
Michelle Doyle
Michelle Doyle
Flow Realty, Inc.
(978) 690-4362
51 Total Sales
2 in Prospect Hill
$730K - $895K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,050,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $450,000 | ||
| Open | $892,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $1,050,000 | -3.2% | $457 / Sq Ft |
| 03/13/2021 03/13/21 | Pending | -- | -- | -- |
| 01/28/2021 01/28/21 | For Sale | $1,085,000 | -- | $472 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $12,793 | $1,172,600 | $548,100 | $624,500 |
| 2024 | $10,412 | $989,700 | $548,100 | $441,600 |
| 2023 | $10,155 | $982,100 | $548,100 | $434,000 |
| 2022 | $9,497 | $932,900 | $522,000 | $410,900 |
| 2021 | $8,940 | $877,300 | $497,100 | $380,200 |
| 2020 | $8,446 | $837,100 | $478,000 | $359,100 |
| 2019 | $7,923 | $736,300 | $406,000 | $330,300 |
| 2018 | $7,428 | $656,800 | $369,000 | $287,800 |
| 2017 | $6,982 | $598,300 | $334,200 | $264,100 |
| 2016 | $7,302 | $582,800 | $328,500 | $254,300 |
| 2015 | $7,004 | $555,400 | $303,100 | $252,300 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Gormady
Seller's Agent in 2021
Susan Gormady
Classified Realty Group
(617) 212-6301
170 Total Sales
-
Liz & Ellie Real Estate
Buyer's Agent in 2021
Liz & Ellie Real Estate
Compass
(617) 444-9644
3 in this area
82 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72779827
APN: SOME-000074-B000000-000028
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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