$1,251,000
SOLD APR 4, 2025
5 Beds
2 Baths
2,051 Sq Ft
2,848 Sq Ft Lot

Recently Sold

$610 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • Property is near public transit and schools
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Somerville High School Rated A-
  • Tandem Parking
  • Bathtub with Shower

About This Home

As of April 2025

Great opportunity to own a multi-family home on the Cambridge/Somerville line that is walking distance to Harvard University and Porter Square. The property is also very convenient to Union Square, Inman Square and a Bus Route to Kendall Square and MIT.

Last Agent to Sell the Property

Jeff Indeck

Oxford Street Realty Listed on: 02/07/2025

Last Buyer's Agent

Shawna Rosher Smith

Flow Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,218

Year Built

  • Built in 1905

Lot Details

  • 2,848 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,051 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Gas Dryer Hookup
  • Partially Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

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

Location

  • Property is near public transit and schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • 60 Amp Service

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $67,500

Listing and Financial Details

  • Total Actual Rent $5,625
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 754191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,218

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1905
  • Levels: 3
  • Year Built Details: Actual
  • Compensation Based On: Compensation Not Offered
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Kitchen, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Gas Dryer Hookup
  • Basement: Partially Finished
  • Above Grade Finished Sq Ft: 2051
  • Living Area: 2051
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB7575
  • MAIN SO: NB4184

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer
  • Cooling: Central Air, Unit Control, Wall Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 754191
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 2848
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12218

Multi Family

  • Net Operating Income: 67500
  • Number Of Units Total: 2
  • Total Actual Rent: 5625
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Apr 4, 2025
Sold by
Palmacci John
Bought by
Klein Isabel M and Hickam Bryce P
Seller's Agent
Jeff Indeck
Oxford Street Realty
Buyer's Agent
Shawna Rosher Smith
Flow Realty, Inc.
List Price
$1,240,000
Sold Price
$1,251,000
Premium/Discount to List
$11,000
0.89%
Views
22
Current Estimated Value
$1,241,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,970
Avg. Annual Appreciation
-0.98%
Original Mortgage
$1,000,800
Outstanding Balance
$996,527
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$244,503

Purchase Details

Closed on
Aug 3, 2001
Sold by
Smith Arthur R
Bought by
Palamacci John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $1,251,000 None Available
Quit Claim Deed $1,251,000 None Available
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,800 Purchase Money Mortgage
Closed $1,000,800 Purchase Money Mortgage
Previous Owner $265,300 No Value Available
Previous Owner $47,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $1,251,000 +0.9% $610 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $1,240,000 -- $605 / 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 $12,218 $1,119,900 $702,200 $417,700
2024 $11,529 $1,095,900 $702,200 $393,700
2023 $11,261 $1,089,100 $702,200 $386,900
2022 $10,538 $1,035,200 $668,800 $366,400
2021 $9,944 $975,900 $636,900 $339,000
2020 $9,409 $932,500 $612,400 $320,100
2019 $8,550 $794,600 $520,100 $274,500
2018 $8,262 $730,500 $472,800 $257,700
2017 $7,757 $664,700 $428,200 $236,500
2016 $8,127 $648,600 $420,900 $227,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73333430

MLS Property Information Network (MLS PIN)

APN: SOME-000045-C000000-000015