NOT LISTED FOR SALE

367 Somerville Ave Unit I Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $623,000 - $780,000

2 Beds
1 Bath
756 Sq Ft
$280/mo HOA Fee

Last Sold October 19, 2018

Last sale price $542,000 $717 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,650/month

9 Days on Market

Highlights

  • Medical Services
  • No Units Above
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • 3-minute walk to Quincy Street Open Space

About This Home

As of October 2018

Penthouse condo has skyline views of downtown Boston and Back Bay, a rare and stunning feature of this corner unit in an award-winning, historic building right in the heart of Union Square. Mostly south and east facing exposures, with additional north exposure in the back bedroom. Huge windows, high ceilings, and extraordinary light create feeling of spaciousness. Two nice bedrooms with ample storage: one has double closets, the other large walk-in closet. Sparkling wide pine floors — all wood throughout. Mostly newer JB Sash & Pella windows. Storage locker in basement and free common laundry with newer appliances. Professional management; pet-friendly, bike racks in courtyard. Green Line projected to be operational by 2021. Take advantage of all that Union Sq has to offer now, including great restaurants, nightlife, specialty food stores, one of the best farmer's markets around, and a large variety of work-out options, exercise classes & athletic clubs.

Last Listed By

Sara Choen

Advisors Living - Boston Listed on: 09/04/2018

Advisors Living - Boston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,051

Year Built

  • Built in 1898

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:74 B:C L:1 U:367I,4271929

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
  • 43 Units
  • Low-Rise Condominium
  • Gerrior Square Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,051

Year Built

Built in 1898

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1898
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 4
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Certified Historic
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Pine
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Laundry Features: Common Area, In Building
  • Living Area: 756
  • Stories Total: 1
  • MAIN LO: AN2529
  • LIST PRICE PER Sq Ft: 658.73
  • PRICE PER Sq Ft: 716.93
  • MAIN SO: BB5474

Exterior Features

  • Common Walls: No One Above, End Unit, Corner
  • Construction Materials: Frame
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas, Individual, Unit Control
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School, University
  • UNIT BUILDING: I
  • MANAGEMENT: Professional - Off Site, Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:74 B:C L:1 U:367I,4271929
  • Zoning: CCD55
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 178

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4051
  • Tax Book Number: 53866

Multi Family

  • Number Of Units Total: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 19, 2018
Sold by
Vargas Douglas L
Bought by
Brayton-Chung Abigail and Chung Nicholas
Seller's Agent
Sara Choen
Advisors Living - Boston
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$498,000
Sold Price
$542,000
Premium/Discount to List
$44,000
8.84%
Total Days on Market
9
Current Estimated Value
$687,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,492
Avg. Annual Appreciation
3.13%
Original Mortgage
$405,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2009
Sold by
Page Elliot D and Page Eugene P
Bought by
Vargas Douglas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Brayton-Chung Abigail $542,000 --
Vargas Douglas L $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Nicholas $398,000
Closed Brayton-Chung Abigail $405,000
Previous Owner Vargas Douglas L $230,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $542,000 +8.8% $717 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
09/03/2018 09/03/18 For Sale $498,000 -- $659 / 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 $6,695 $613,700 $0 $613,700
2024 $6,456 $613,700 $0 $613,700
2023 $5,771 $558,100 $0 $558,100
2022 $5,423 $532,700 $0 $532,700
2021 $5,255 $515,700 $0 $515,700
2020 $5,154 $510,800 $0 $510,800
2019 $4,392 $408,200 $0 $408,200
2018 $4,051 $358,200 $0 $358,200
2017 $3,953 $338,700 $0 $338,700
2016 $3,844 $306,800 $0 $306,800
2015 $3,719 $294,900 $0 $294,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72387739

MLS Property Information Network (MLS PIN)

APN: SOME-000074-C000000-000001-000367I