NOT LISTED FOR SALE

292 Beacon St Somerville, MA 02143

Porter Square Neighborhood

Estimated Value: $3,144,643

2 Beds
4 Baths
3,220 Sq Ft
$977/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $1,750,000 $543 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $16,755/month

37 Days on Market

About This Home

As of February 2017

This beautiful, architecturally correct Georgian style building was built by award winning master housewright Kenn Spera. It boasts all brick and granite exterior construction, slate tile roof, copper gutters, downspouts and conductor heads. Accurate to period entrances, which consist of 2 ¼ inch thick solid mahogany 6 panel doors, beautiful leaded glass fanlights surrounded by an Ionic order closed pediment with fluted pilasters on granite plinths. Very few people build like this anymore. Building has 10 beautifully detailed dormers all architecturally correct in proportion. Building has too many period details to mention here. The street level commercial unit is beautifully detailed and totals 1920 square feet. The residential unit totals 1300 square feet and consists of 2 beds, 2.5 baths, large kitchen and open living space. No expense has been spared. If you are a fan of classical architecture and beautiful buildings with timeless lines this building is for you.

Last Agent to Sell the Property

Anthony Bruno

Gibson Sotheby's International Realty Listed on: 04/15/2016

Gibson Sotheby's International Realty

Last Buyer's Agent

Thayer Morgan

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

Multi-Family

Year Built

2012

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2012

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, T-Station, University
  • Basement: Full, Finished, Interior Access
  • Total Levels: 4

Exterior Features

  • Roof: Slate
  • Construction: Brick
  • Exterior: Brick
  • Exterior Features: Handicap Access
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RC

Multi Family

  • Cooling Units: 2
  • Heat Units: 2
  • Total Bedrooms: 2
  • Total Fireplaces: 1
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Total Levels: 4
  • Total Rms: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Feb 17, 2017
Sold by
Spera Kenneth J
Bought by
Beacon Street Equity L
Seller's Agent
Anthony Bruno
Gibson Sotheby's International Realty
Buyer's Agent
Thayer Morgan
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Current Estimated Value
$3,144,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,394,643
Avg. Annual Appreciation
6.80%
Original Mortgage
$875,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2011
Sold by
Spera John J
Bought by
Spera Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Beacon Street Equity L $1,750,000 --
Spera Kenneth J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beacon Street Equity Llc $1,352,000
Closed Spera Kenneth J $125,000
Closed Beacon Street Equity L $875,000
Closed Beacon Street Equity L $700,000
Closed Beacon Street Equity L $719,000
Previous Owner Spera Kenneth J $1,300,000
Previous Owner Spera Kenneth $300,000
Previous Owner Spera Kenneth $100,000
Previous Owner Spera Kenneth J $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $1,750,000 -5.4% $543 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $1,850,000 -- $575 / 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 -- $1,674,500 $0 $1,674,500
2024 -- $1,614,500 $0 $1,614,500
2023 $0 $1,530,200 $0 $1,530,200
2022 $0 $1,473,400 $0 $1,473,400
2021 $0 $1,406,000 $0 $1,406,000
2020 $0 $1,351,500 $0 $1,351,500
2019 $0 $1,338,700 $0 $1,338,700
2018 $0 $1,098,200 $0 $1,098,200
2017 -- $1,039,900 $604,100 $435,800
2016 -- $986,900 $560,100 $426,800
2015 -- $960,100 $533,300 $426,800
Source: Public Records

Agents Affiliated with this Home

  • Anthony Bruno

    Seller's Agent in 2017

    Anthony Bruno

    Gibson Sothebys International Realty

    (617) 963-3378

    1 in this area

    49 Total Sales

    Anthony Bruno
    Section Image
  • Thayer Morgan

    Buyer's Agent in 2017

    Thayer Morgan

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (617) 383-8329

    4 Total Sales

    Thayer Morgan
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71988971

MLS Property Information Network (MLS PIN)

APN: SOME-000039-E000000-000002

Massachusetts Middlesex County Somerville 02138 Porter Square

292 Beacon St, Somerville, MA

This home is located at 292 Beacon St, Somerville, MA 02143 since 15 April 2016 and is currently estimated at $3,144,643, approximately $976 per square foot. This property was built in 2012. 292 Beacon St is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St Peter School.

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.

MLS Property Information Network (MLS PIN) 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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