NOT LISTED FOR SALE

373 Somerville Ave Unit E Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $627,000 - $700,000

2 Beds
1 Bath
751 Sq Ft
$321/mo HOA Fee

Last Sold June 24, 2022

Last sale price $637,000 $848 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,521/month

6 Days on Market

Highlights

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

About This Home

As of June 2022

This light-filled, south and west facing condo has limitless views and spectacular sunsets year round. Tall ceilings, oversized windows, high-end appliances, and gleaming hardwood floors add to the inherent charm of this award-winning, historical building. As you enter the unit, the long gallery hallway and 4 transoms create a feeling of spaciousness that exceeds the actual size. And the professional management of the building makes life a breeze. The association has recently completed a $2.7 million exterior project that includes new roof, clapboards, insulation and oversized, replacement Pella windows. A transportation hub, featuring the now operational & long-awaited Green Line T stop, Union Square is known for its diverse eateries, bars, farmer’s market, arts & cultural events, and the very hip Bow Market. With so much more planned for this vibrant neighborhood, why not make your home a great investment, too.

Last Agent to Sell the Property

Sara Choen

Advisors Living - Boston Listed on: 05/04/2022

Advisors Living - Boston

Last Buyer's Agent

Shue-Fen Tung

Splice Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1898

Lot Details

  • No Units Above

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 751 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • City Views
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number M:74 B:C L:1 U:373E,4271938

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,155

Year Built

Built in 1898

Lot Details

0

HOA Fees

$321 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: %
  • 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: Carpet, Marble, Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Living Area: 751
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2529
  • LIST PRICE PER Sq Ft: 792.28
  • PRICE PER Sq Ft: 848.2
  • MAIN SO: AN5975

Exterior Features

  • Common Walls: No One Above, Corner
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 320.88
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Highway Access, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: E
  • MANAGEMENT: Professional - Off Site, Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:74 B:C L:1 U:373E,4271938
  • Zoning: MR5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 469

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1155
  • Tax Book Number: 45191

Multi Family

  • Number Of Units Total: 43
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2005
Sold by
Levin Andrew D and Levin Barton J
Bought by
Cohen Sara J
Current Estimated Value
$671,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2000
Sold by
Behrendt Michael D and Kornhauser Naomi J
Bought by
Levin Andrew J and Levin Barton J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Cohen Sara J $270,000 --
Levin Andrew J $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cohen Sara $79,000
Open Levin Andrew J $240,000
Closed Cohen Sara J $202,500
Closed Cohen Sara J $40,500
Previous Owner Levin Andrew J $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $637,000 +7.1% $848 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $595,000 -- $792 / 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 $6,291 $576,600 $0 $576,600
2024 $6,066 $576,600 $0 $576,600
2023 $5,114 $494,600 $0 $494,600
2022 $4,805 $472,000 $0 $472,000
2021 $4,657 $457,000 $0 $457,000
2020 $4,568 $452,700 $0 $452,700
2019 $4,362 $405,400 $0 $405,400
2018 $4,023 $355,700 $0 $355,700
2017 $3,919 $335,800 $0 $335,800
2016 $3,810 $304,100 $0 $304,100
2015 $3,690 $292,600 $0 $292,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72976514

MLS Property Information Network (MLS PIN)

APN: SOME-74 C 1 373A