31 Franklin Ave Unit 2 Somerville, MA 02145
East Somerville NeighborhoodEstimated Value: $638,000 - $745,000
3
Beds
2
Baths
1,028
Sq Ft
$241/mo
HOA Fee
Highlights
- 1 Cooling Zone
- Somerville High School Rated A-
- 3-minute walk to Glen Park
About This Home
As of December 2021Best value in Somerville!!!!!! Welcome to this incredible 2013 penthouse conversion! Bright, beautiful and spacious, this top floor condo has been well-maintained. The kitchen has a gas range with granite counter tops and stainless steel appliances. With 2 levels of living, 3 bedrooms, 2 full bathrooms, 2 private decks - one off the primary bedroom, 2 deeded parking spaces, in-unit laundry, central AC, and basement storage - this condo has it all!! One of the best locations in Somerville. Steps from the shops and restaurants at Assembly Row and Union Square. Walking distance to public transportation including Orange Line at Sullivan Square and coming in months the Green Line extension in East Somerville. Easy access to I-93, Rt-28, and Boston. Don’t miss out on this opportunity!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,235
Year Built
- 1890
HOA Fees
- $241 per month
Utilities
- 1 Cooling Zone
- 1 Heating Zone
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2021
Closed on
Dec 27, 2021
Sold by
Mccusker Heather
Bought by
Lorberfeld Ian B
Seller's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
Buyer's Agent
Mike Panza
Panza Home Group
List Price
$575,000
Sold Price
$595,000
Premium/Discount to List
$20,000
3.48%
Total Days on Market
5
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
$87,726
Avg. Annual Appreciation
4.16%
Original Mortgage
$476,000
Outstanding Balance
$442,479
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,135
Purchase Details
Closed on
Dec 18, 2013
Sold by
Ocean City Dev Llc
Bought by
Mccusker Heather
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Similar Homes in Somerville, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lorberfeld Ian B | $595,000 | None Available | |
| Mccusker Heather | $351,000 | -- | |
| Mccusker Heather | $351,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lorberfeld Ian B | $476,000 | |
| Previous Owner | Mccusker Heather | $254,000 | |
| Previous Owner | Mccusker Heather | $280,500 | |
| Previous Owner | Mccusker Heather | $280,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2021 12/27/21 | Sold | $595,000 | +3.5% | $579 / Sq Ft |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $575,000 | -- | $559 / 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 | $6,235 | $571,500 | $0 | $571,500 |
| 2024 | $5,759 | $547,400 | $0 | $547,400 |
| 2023 | $5,591 | $540,700 | $0 | $540,700 |
| 2022 | $5,348 | $525,300 | $0 | $525,300 |
| 2021 | $5,245 | $514,700 | $0 | $514,700 |
| 2020 | $5,086 | $504,100 | $0 | $504,100 |
| 2019 | $4,926 | $457,800 | $0 | $457,800 |
| 2018 | $5,413 | $478,600 | $0 | $478,600 |
| 2017 | $5,048 | $432,600 | $0 | $432,600 |
| 2016 | $4,669 | $372,600 | $0 | $372,600 |
| 2015 | $4,065 | $322,400 | $0 | $322,400 |
Source: Public Records
Agents Affiliated with this Home
-
Hudson Santana
Seller's Agent in 2021
Hudson Santana
Keller Williams Realty Boston Northwest
(617) 272-0842
22 in this area
552 Total Sales
-
Mike Panza
Buyer's Agent in 2021
Mike Panza
Panza Home Group
(617) 579-8826
1 in this area
69 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72920856
APN: SOME-000104-D000000-000011-000002
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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