NOT LISTED FOR SALE

340 Highland Ave Unit 1 Somerville, MA 02144

Spring Hill Neighborhood

Estimated Value: $805,455 - $866,000

2 Beds
1 Bath
1,036 Sq Ft
$275/mo HOA Fee

Last Sold July 12, 2024

Last sale price $807,000 $779 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,507/month

5 Days on Market

Highlights

  • Custom Closet System
  • Property is near public transit
  • Upgraded Countertops
  • Somerville High School Rated A-
  • Wood Flooring
  • 3-minute walk to Lexington Park

About This Home

As of July 2024

Rare opportunity to live close to Davis, Porter & Ball Square w/2 parking spaces all for a price you can appreciate. Original classic features blend w/some recent updates. Welcoming front porch leads to a spacious foyer w/ a convenient extra-large entry closet. Rich wood details incl. maple floors, original wood trim & handsome pocket doors dividing LR & DR. Freshly painted walls & refinished wood trim throughout all rooms. The living room’s bay windows give extra light & space. Dining room's fireplace w/a detailed wood mirrored mantel is positioned next to the built-in China cabinet. Vintage light fixtures adorn LR & DR. The kitchen offers newer stainless-steel appliances, walk-in pantry w/DW, sink & /plenty of storage, washer/dryer hook-up and wood floors. Direct back entrance to parking, yard & patio. Two comfortably sized bedrooms positioned for maximum privacy. Beautifully updated tile bathroom with newer vanity & sink. See feature sheet with list of recent improvements. A delight

Last Agent to Sell the Property

Wayne Terrio

Coldwell Banker Realty - Cambridge Listed on: 06/05/2024

Coldwell Banker Realty - Cambridge

Co-Listed By

Winnie Lee

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Caitlin Horton

BroadPoint Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,873

Year Built

  • Built in 1900

Lot Details

  • Garden

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Light Fixtures
  • Insulated Windows
  • Bay Window
  • Entrance Foyer
  • Dining Room with Fireplace
  • Storage
  • Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Range<<rangeHoodToken>>
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Custom Closet System
  • Walk-In Closet
  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number M:29 B:L L:2 U:1,4625504

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, reserve funds
  • 3 Units
  • 340 Highland Avenue Condominium Community

Amenities

  • Community Garden
  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,873

Year Built

Built in 1900

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Entry Level: 1
  • Transaction Broker: 2.5
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Concrete, Flooring - Hardwood
  • Interior Amenities: Storage, Lighting - Overhead, Pantry, Walk-In Closet(s), Foyer, Internet Available - Broadband
  • Fireplace Features: Dining Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Refrigerator, Freezer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Main,First
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom2 Area: 144
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Master Bedroom Level: Main,First
  • Room Master Bedroom Area: 137.5
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Wainscoting, Lighting - Overhead, Crown Molding
  • Bathroom 1 Level: First
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Dining Room Area: 136.027777
  • Room Kitchen Level: First
  • Room Kitchen Features: Ceiling Fan(s), Dining Area, Pantry, Countertops - Upgraded, Dryer Hookup - Electric, Exterior Access, Stainless Steel Appliances, Washer Hookup, Gas Stove, Lighting - Overhead
  • Room Kitchen Area: 156
  • Laundry Features: Dryer Hookup - Electric, Washer Hookup, Electric Dryer Hookup, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 186.333333
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Basement: Y
  • Living Area: 1036
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 675.58
  • PRICE PER Sq Ft: 778.96
  • MAIN SO: AN3819
  • Insulation: Partial, Mixed

Exterior Features

  • Exterior Features: Patio, Garden, Rain Gutters
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Tandem, On Street, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Laundry, Garden Area
  • Association Fee: 275.45
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Reserve Funds

Lot Info

  • Parcel Number: M:29 B:L L:2 U:1,4625504
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3276.4
  • Lot Size Units: Acres
  • PAGE: 0146
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6873
  • Tax Book Number: 65513

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 12, 2024
Sold by
Schwartz-Moscato Ret and Schwartz
Bought by
Vargas-Diaz Guillermo V and Goethe Jayne M
Seller's Agent
Wayne Terrio
Coldwell Banker Realty - Cambridge
Buyer's Agent
Caitlin Horton
BroadPoint Realty
List Price
$699,900
Sold Price
$807,000
Premium/Discount to List
$107,100
15.3%
Views
14
Current Estimated Value
$837,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,614
Avg. Annual Appreciation
3.79%
Original Mortgage
$645,600
Outstanding Balance
$639,641
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,973

Purchase Details

Closed on
Jun 10, 2015
Sold by
Schwartz Cheryl L and Moscato Meredith
Bought by
Schwartz Moscato Ret and Schwart
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
Vargas-Diaz Guillermo V $807,000 None Available
Vargas-Diaz Guillermo V $807,000 None Available
Schwartz Moscato Ret -- --
Schwartz Moscato Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas-Diaz Guillermo V $645,600
Closed Vargas-Diaz Guillermo V $645,600
Previous Owner Moscato Meredith $50,000
Previous Owner Schwartz Cheryl L $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $807,000 +15.3% $779 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $699,900 -- $676 / 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 $7,273 $666,600 $0 $666,600
2024 $6,873 $653,300 $0 $653,300
2023 $6,709 $648,800 $0 $648,800
2022 $6,359 $624,700 $0 $624,700
2021 $6,230 $611,400 $0 $611,400
2020 $5,973 $592,000 $0 $592,000
2019 $6,175 $573,900 $0 $573,900
2018 $5,767 $509,900 $0 $509,900
2017 $5,183 $444,100 $0 $444,100
2016 $5,157 $411,600 $0 $411,600
2015 -- $377,000 $0 $377,000
Source: Public Records

Agents Affiliated with this Home

  • Wayne Terrio

    Seller's Agent in 2024

    Wayne Terrio

    Coldwell Banker Realty - Cambridge

    (617) 640-7777

    2 in this area

    67 Total Sales

    Wayne Terrio
    Section Image
  • Winnie Lee

    Seller Co-Listing Agent in 2024

    Winnie Lee

    Coldwell Banker Realty - Cambridge

    (617) 651-2375

    2 in this area

    11 Total Sales

    Winnie Lee
    Section Image

  • C

    Buyer's Agent in 2024

    Caitlin Horton

    BroadPoint Realty

    (617) 842-4728

    1 in this area

    8 Total Sales

    Caitlin Horton
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73247964

MLS Property Information Network (MLS PIN)

APN: SOME-000029-L000000-000002-000001

Massachusetts Middlesex County Somerville 02144 Spring Hill

340 Highland Ave Unit 1, Somerville, MA

This home is located at 340 Highland Ave Unit 1, Somerville, MA 02144 since 05 June 2024 and is currently estimated at $837,614, approximately $808 per square foot. This property was built in 1900. 340 Highland Ave Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, Benjamin Banneker Charter Public School, and St. Clement Elementary School.

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