$1,547,777
SOLD AUG 10, 2023
2 Beds
2 Baths
1,687 Sq Ft
$735/mo HOA Fee

Recently Sold

$917 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Davis Station
  • Post and Beam
  • Somerville High School Rated A-
  • Property is near public transit
  • 1-minute walk to Somerville Community Path

About This Home

As of August 2023

Hidden in plain sight, just 0.2mi from the red line T at Davis Sq, is this magnificent brick & beam loft with rare private yard. Serenely set along the Somerville Community Path, Davis Lofts was formed in 2008 as “A unique community of individuals working together toward a lower footprint on the environment through creative and intentional design.” Occupying the SE corner of building 30, just beyond the association’s peaceful koi pond, the unit enjoys the best of open and defined spaces and features large windows and glass doors with four sides of exposure. The post & beam construction provides 10’ ceilings and long expanses of open space. Delineated within the loft are 2 bedrooms, 2 baths, a study nook with built-in desk and shelving, and flowing entertaining spaces that walk out to the unit’s exclusive-use brick patio, raised planting beds, and yard. There is in-unit laundry, a garage parking space under the building, professional management, and a common yard. A very special find!

Last Agent to Sell the Property

The Team - Real Estate Advisors

Coldwell Banker Realty - Cambridge Listed on: 06/07/2023

Coldwell Banker Realty - Cambridge

Co-Listed By

Robin Kelly

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Beth Sager Group

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,813

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • Garden

HOA Fees

  • $735 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking

Home Design

  • Post and Beam
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Rubber Roof
  • Metal Roof

Interior Spaces

  • 1,687 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Utility Room with Study Area

Kitchen

  • Breakfast Bar
  • Stove
  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Radiant Floor
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Cooling system powered by passive solar
  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:17 B:A L:58 U:301,4750145

Community Details

Overview

  • Association fees include gas, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 29 Units
  • Davis Lofts Condominium Community

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Shops
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,813

Year Built

Built in 2008

Lot Details

0

HOA Fees

$735 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Loft
  • Year Built: 2008
  • Buyer Agency: 2.5
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Interior Amenities: Beamed Ceilings, Ceiling - Beamed, Closet/Cabinets - Custom Built, Entrance Foyer, Entry Hall, Study
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Back,Walkout)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Range Hood, Gas Water Heater,Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet
  • Room Bedroom2 Area: 195
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Beamed Ceilings, Closet
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 266
  • Bathroom 1 Area: 88
  • Bathroom 1 Features: Bathroom - Tiled With Shower Stall, Beamed Ceilings
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 66
  • Bathroom 2 Features: Bathroom - Tiled With Tub & Shower, Beamed Ceilings
  • Room Dining Room Features: Beamed Ceilings, Closet, Open Floorplan
  • Room Dining Room Level: First
  • Room Dining Room Area: 252
  • Room Kitchen Level: First
  • Room Kitchen Features: Beamed Ceilings, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Stainless Steel Appliances, Gas Stove, Peninsula
  • Room Kitchen Area: 182
  • Laundry Features: Dryer Hookup - Electric, Washer Hookup, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 357
  • Room Living Room Features: Ceiling Fan(s), Beamed Ceilings, Open Floorplan
  • Basement: N
  • Living Area: 1687
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 887.97
  • PRICE PER Sq Ft: 917.47
  • MAIN SO: BB3298

Exterior Features

  • Exterior Features: Garden
  • Common Walls: End Unit, Corner
  • Construction Materials: Brick, Post & Beam
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Rubber, Metal
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Cooling: Passive Cooling, Evaporative Cooling
  • Heating: Natural Gas, Hydronic Floor Heat(Radiant)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 734.71
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Shopping, Park, Walk/Jog Trails, Bike Path, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Professional - On Site, Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:17 B:A L:58 U:301,4750145
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 201
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7813.3
  • Tax Book Number: 60754

Multi Family

  • Number Of Units Total: 29
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 10, 2023
Sold by
Eleanor C Schmidt Ret and Schmidt
Bought by
Pinsky John and Tamir Irit
Seller's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
Buyer's Agent
Beth Sager Group
Keller Williams Realty Boston Northwest
List Price
$1,498,000
Sold Price
$1,547,777
Premium/Discount to List
$49,777
3.32%
Views
52
Current Estimated Value
$1,568,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,889
Avg. Annual Appreciation
-4.08%
Original Mortgage
$517,000
Outstanding Balance
$507,534
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$911,126

Purchase Details

Closed on
Jan 19, 2022
Sold by
Schmidt Eleanor C
Bought by
E C Schmidt 2022 Ret and Schmidt

Purchase Details

Listed on
Jul 25, 2018
Closed on
Aug 17, 2018
Sold by
Nathan B Ball
Bought by
Viswanathan Mohan
Seller's Agent
Ayse Gurdal
Coldwell Banker Realty - Cambridge
Buyer's Agent
Ayse Gurdal
Coldwell Banker Realty - Cambridge
Sold Price
$4,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.53%

Purchase Details

Closed on
Feb 1, 2008
Sold by
Davis Lofts Llc
Bought by
Singer Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Condominium Deed $1,547,777 None Available
Quit Claim Deed -- None Available
Deed $780,000 --
Deed $759,150 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,000 Purchase Money Mortgage
Previous Owner $390,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $546,000 No Value Available
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $151,830 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $1,547,777 +3.3% $917 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $1,498,000 0.0% $888 / Sq Ft
08/19/2018 08/19/18 Rented $4,000 0.0% --
08/12/2018 08/12/18 Under Contract -- -- --
08/05/2018 08/05/18 Price Changed $4,000 -4.8% $2 / Sq Ft
07/25/2018 07/25/18 For Rent $4,200 0.0% --
12/17/2012 12/17/12 Sold $779,000 0.0% $462 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $779,000 -- $462 / 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 $15,061 $1,380,500 $0 $1,380,500
2024 $11,514 $1,094,500 $0 $1,094,500
2023 $11,145 $1,077,900 $0 $1,077,900
2022 $10,760 $1,057,000 $0 $1,057,000
2021 $10,771 $1,057,000 $0 $1,057,000
2020 $10,667 $1,057,200 $0 $1,057,200
2019 $9,661 $897,900 $0 $897,900
2018 $10,998 $972,400 $0 $972,400
2017 $10,640 $911,700 $0 $911,700
2016 $9,679 $772,500 $0 $772,500
2015 $8,859 $702,500 $0 $702,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73121633

MLS Property Information Network (MLS PIN)

APN: SOME-000017-A000000-000058-000030-1