NOT LISTED FOR SALE

Estimated Value: $1,202,000 - $1,927,000

6 Beds
3 Baths
3,557 Sq Ft
$424/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $1,130,000 $318 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,802/month

128 Days on Market

Highlights

  • Tandem Parking
  • Somerville High School Rated A-
  • 5-minute walk to North Street Veterans Playground

About This Home

As of May 2022

Large 3 unit apartment building walking distance to Tufts University, lot's of potential with unit 1 is a 2 bed one bath, unit 2 is a 3 bed one bath and unit 3 is a one bed one bath. Parking driveway unfinished basement. All units delivered vacant at closing. Great investment or owner occupied.

Last Agent to Sell the Property

Eric Rubin

Popular Properties Realty,Inc. Listed on: 10/25/2021

Co-Listed By

Jeffrey Xie

Popular Properties Realty,Inc.

Last Buyer's Agent

Jeffrey Xie

Popular Properties Realty,Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,809

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Block Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,557 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Utilities

  • 3 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $7,200
  • Assessor Parcel Number M:8 B:K L:9,748117

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $85,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,809

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency Type: %
  • Sub Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3557
  • Stories Total: 6
  • MAIN LO: BB8064
  • MAIN SO: BB8064

Exterior Features

  • Foundation Details: Concrete Perimeter, Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Lot Info

  • Parcel Number: M:8 B:K L:9,748117
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4779

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12809

Multi Family

  • Net Operating Income: 85200
  • Number Of Units Total: 3
  • Total Actual Rent: 7200
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $1,130,000 -16.3% $318 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/02/2022 03/02/22 For Sale -- -- --
01/28/2022 01/28/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $1,350,000 -- $380 / 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 $23,933 $2,193,700 $761,300 $1,432,400
2024 $14,862 $1,412,700 $761,300 $651,400
2023 $14,145 $1,368,000 $761,300 $606,700
2022 $13,445 $1,320,700 $725,100 $595,600
2021 $12,809 $1,257,000 $719,900 $537,100
2020 $12,322 $1,221,200 $720,300 $500,900
2019 $11,697 $1,087,100 $655,700 $431,400
2018 $10,834 $957,900 $596,100 $361,800
2017 $10,656 $913,100 $562,400 $350,700
2016 $10,443 $833,400 $502,200 $331,200
2015 $10,242 $812,200 $463,800 $348,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72912470

MLS Property Information Network (MLS PIN)

APN: SOME-000008-K000000-000009