NOT LISTED FOR SALE

Estimated Value: $1,285,000 - $2,707,678

4 Beds
2 Baths
2,402 Sq Ft
$791/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,200,000 $500 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,939/month

1 Day on Market

Highlights

  • Medical Services
  • 0.14 Acre Lot
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • 4-minute walk to Morse-Kelley Playground

About This Home

As of April 2022

Attention investors and builders. This two decker is on the market for the first time in 50 years as it has been family owned and occupied. The property is a 10 minute walk from shopping, night life and the Red Line in the exciting and desirable Porter Square neighborhood of Somerville. The property has great character and needs someone with vision to polish it up and bring it to its potential as an income producing property.

Last Agent to Sell the Property

George Sousa

Action Realty Associates Listed on: 01/22/2022

Last Buyer's Agent

James Byler

Coldwell Banker Realty - Northborough

Coldwell Banker Realty - Northborough

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,991

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 2,402 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Parking Space
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • Heating Available
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 27 / A
  • Assessor Parcel Number M:38 B:A L:27,752875

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,991

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Carpet, Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Concrete, Unfinished
  • Accessibility Features: Unit 1 Handicapped Equipped
  • Living Area: 2402
  • Stories Total: 3
  • MAIN LO: BB3044
  • LIST PRICE PER Sq Ft: 520.4
  • PRICE PER Sq Ft: 499.58
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Frontage Length: 40
  • Patio And Porch Features: Enclosed, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, On Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Steam,Gas), Unit 2(Steam,Gas)
  • Electric: 110 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks

Lot Info

  • Parcel Number: M:38 B:A L:27,752875
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 6240
  • PAGE: 514

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8991
  • Tax Block: A
  • Tax Book Number: 9461
  • Tax Lot: 27
  • Tax Map Number: 38

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
33 Porter Street Llc
Bought by
Huang-Hobbs Helen I
Current Estimated Value
$1,899,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Outstanding Balance
$1,441,563
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$209,686
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Huang-Hobbs Helen I $1,825,000 None Available
Hobbs John P $1,675,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs John P $1,460,000
Closed Huang-Hobbs Helen I $1,460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $1,200,000 -4.0% $500 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $1,250,000 -- $520 / 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 $22,412 $2,054,300 $703,200 $1,351,100
2024 $10,371 $985,800 $703,200 $282,600
2023 $10,193 $985,800 $703,200 $282,600
2022 $9,453 $928,600 $669,800 $258,800
2021 $8,991 $882,300 $637,800 $244,500
2020 $8,607 $853,000 $613,300 $239,700
2019 $7,890 $733,300 $533,300 $200,000
2018 $7,823 $691,700 $484,800 $206,900
2017 $7,546 $646,600 $457,300 $189,300
2016 $7,745 $618,100 $418,200 $199,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72936139

MLS Property Information Network (MLS PIN)

APN: SOME-000038-A000000-000027