NOT LISTED FOR SALE

37 Pearson Ave Unit 1 Somerville, MA 02144

Estimated Value: $750,000 - $844,302

2 Beds
1.5 Baths
1,075 Sq Ft
$207/mo HOA Fee

Last Sold February 28, 2023

Last sale price $760,000 $707 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,405/month

22 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • 3-minute walk to Lexington Park

About This Home

As of February 2023

Unbeatable Somerville location!! Just 1/3 of a mile from the now open Green Line stop at Ball Square and 2/3 of a mile from Davis Square via the Somerville community bike path. Quiet street, yet close to everything. This well-maintained and thoughtfully designed condo features two bedrooms, each with custom built-in storage systems and access to the private back deck. The open floorplan is inviting from the moment you walk through the front door, with high ceilings, lots of windows, and a spacious feel. The living room opens right up to the kitchen which features granite countertops, stainless steel appliances, and bar seating. Perfect for entertaining! Every inch of this unit is functional, with a coat closet, extra half bath, additional storage for bulky items, and even a built-in WFH space. Laundry is in the unit and plenty of additional storage is in the basement. Recent updates within the last 1-3 years include new hot water heater, a/c condenser, dishwasher, and washer/dryer.

Last Listed By

Fayth Cregg

Leading Edge Real Estate Listed on: 01/04/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,166

Year Built

  • Built in 1900

HOA Fees

  • $207 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:28 B:E L:26 U:1,4564748

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure
  • 3 Units
  • 37 39 Pearson Ave Condominium Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,166

Year Built

Built in 1900

Lot Details

0

HOA Fees

$207 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
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Deck - Exterior
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Closet, Deck - Exterior
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Y
  • Living Area: 1075
  • Stories Total: 1
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 697.67
  • PRICE PER Sq Ft: 706.98
  • MAIN SO: AN2383

Exterior Features

  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 207.39
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, T-Station, University
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: M:28 B:E L:26 U:1,4564748
  • Zoning: NR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 224
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7166
  • Tax Book Number: 63274

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
Jan 4, 2023
Closed on
Feb 28, 2023
Sold by
Koch Caroline K and Vanasse Robert
Bought by
Davison Jeffrey C and Koritsanszky Luca
Seller's Agent
Fayth Cregg
Leading Edge Real Estate
Buyer's Agent
Mayrelli Martinez-Ruiz
EXIT Premier Real Estate
List Price
$769,900
Sold Price
$760,000
Premium/Discount to List
-$9,900
-1.29%
Total Days on Market
22
Views
62
Current Estimated Value
$813,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,576
Avg. Annual Appreciation
3.16%
Original Mortgage
$600,000
Outstanding Balance
$585,062
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,515

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 14, 2014
Sold by
Palmer Justin and Palmer Anne J
Bought by
Koch Caroline E
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Robert Crocker
Coldwell Banker Realty - Cambridge
List Price
$469,000
Sold Price
$501,000
Premium/Discount to List
$32,000
6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$501,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2011
Sold by
Laurent Chad H and Laurent Jardayna Y
Bought by
Johnson Anne E and Palmer Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2007
Sold by
Browning Barbara S and Ward Kimberly Dawn
Bought by
Laurent Chad H and Werlin-Lauren Jardayna Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2005
Sold by
Zenga Daniel and Zenga Leslie
Bought by
Zenga Daniel and Zenga Leslie E

Range of Values:

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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 Buyer Sale Price Title Company
Davison Jeffrey C $760,000 None Available
Koch Caroline E $501,000 --
Johnson Anne E $415,000 --
Laurent Chad H $391,000 --
Zenga Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davison Jeffrey C $600,000
Previous Owner Koch Caroline E $501,000
Previous Owner Johnson Anne E $332,000
Previous Owner Laurent Chad H $312,800
Previous Owner Laurent Chad H $39,100
Previous Owner Travers Helen F $10,000
Previous Owner Travers Helen F $70,180
Previous Owner Travers Helen F $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $760,000 +1.3% $707 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/26/2023 01/26/23 Price Changed $750,000 -2.6% $698 / Sq Ft
01/04/2023 01/04/23 For Sale $769,900 +53.7% $716 / Sq Ft
02/14/2014 02/14/14 Sold $501,000 0.0% $466 / Sq Ft
01/25/2014 01/25/14 Pending -- -- --
01/15/2014 01/15/14 Off Market $501,000 -- --
01/08/2014 01/08/14 For Sale $469,000 -- $436 / 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 $8,249 $756,100 $0 $756,100
2024 $7,795 $741,000 $0 $741,000
2023 $7,563 $731,400 $0 $731,400
2022 $7,166 $703,900 $0 $703,900
2021 $7,018 $688,700 $0 $688,700
2020 $6,728 $666,800 $0 $666,800
2019 $6,952 $646,100 $0 $646,100
2018 $6,804 $601,600 $0 $601,600
2017 $6,434 $551,300 $0 $551,300
2016 $6,090 $486,000 $0 $486,000
2015 $5,441 $431,500 $0 $431,500
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73067962

MLS Property Information Network (MLS PIN)

APN: SOME-28 E 26