377 Washington St Somerville, MA 02143
Ward Two NeighborhoodEstimated Value: $2,325,000
5
Beds
1.5
Baths
2,141
Sq Ft
$1,086/Sq Ft
Est. Value
Highlights
- 0.16 Acre Lot
- No HOA
- Heating Available
- Somerville High School Rated A-
- Cooling Available
- 1-minute walk to Perry Park
About This Home
As of April 2021377 Washington Street is a value add opportunity on 7,000 SF lot just outside of the developing Union Square neighborhood. As of right, 377 Washington Street would allow an additional cottage of 1,404 GSF as an additional unit on the property.With approval from Somerville's historical commission, buyer would also be allowed to knock down the existing structure to build a detached triple decker. The city of Somerville allows for a maximum of 3 dwelling units in the NR zone, however this property is in a small business overlay which would allow for the first floor of the detached triple decker to be a commercial unit instead of a dwelling unit. If the first floor unit is commercial, than the additional cottage mentioned above would be allowed because there would be 3 dwelling units and 1 commercial. ***The City of Somerville requires a dwelling unit to be moderate level affordable if any development exceeds 2 units*****
Last Agent to Sell the Property
Ryan McDonald
Boston Realty Advisors Listed on: 02/13/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,003
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Property is zoned RM
Parking
- 6 Car Parking Spaces
Home Design
- 2,141 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 755710
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 27, 2023
Sold by
377 Wa St Somerville Llc
Bought by
Weiler Meghan and Guillen Abraham
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,215,000
Outstanding Balance
$1,188,666
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 25, 2019
Closed on
Aug 22, 2019
Sold by
Moran Anna E Est and Smith
Bought by
Tn Llc
Seller's Agent
Donald Norton
Century 21 North East - Norton Group RE
Buyer's Agent
Donald Norton
Century 21 North East - Norton Group RE
List Price
$1,099,000
Sold Price
$1,200,000
Premium/Discount to List
$101,000
9.19%
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weiler Meghan | $1,350,000 | None Available | |
| Tn Llc | $1,200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weiler Meghan | $1,215,000 | |
| Previous Owner | 377 Wa St Somerville Llc | $959,000 | |
| Previous Owner | 377 Wa St Somerville Llc | $1,943,543 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | $1,250,000 | 0.0% | $584 / Sq Ft |
| 02/26/2021 02/26/21 | Pending | -- | -- | -- |
| 02/22/2021 02/22/21 | For Sale | $1,250,000 | 0.0% | $584 / Sq Ft |
| 02/17/2021 02/17/21 | Pending | -- | -- | -- |
| 02/15/2021 02/15/21 | Price Changed | $1,250,000 | +124999900.0% | $584 / Sq Ft |
| 02/13/2021 02/13/21 | For Sale | $1 | -100.0% | $0 / Sq Ft |
| 08/09/2019 08/09/19 | Sold | $1,200,000 | +9.2% | $560 / Sq Ft |
| 07/26/2019 07/26/19 | Pending | -- | -- | -- |
| 07/25/2019 07/25/19 | For Sale | $1,099,000 | -- | $513 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $26,428 | $2,555,900 | $952,600 | $1,603,300 |
| 2022 | $12,314 | $1,209,600 | $907,100 | $302,500 |
| 2021 | $11,646 | $1,142,900 | $863,900 | $279,000 |
| 2020 | $7,810 | $1,090,500 | $830,600 | $259,900 |
| 2019 | $5,444 | $1,015,500 | $705,400 | $310,100 |
| 2018 | $10,359 | $915,900 | $641,200 | $274,700 |
| 2017 | $9,586 | $821,400 | $580,700 | $240,700 |
| 2016 | $9,845 | $785,700 | $570,800 | $214,900 |
| 2015 | $9,265 | $734,700 | $526,600 | $208,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Ryan McDonald
Boston Realty Advisors
(617) 375-7900
-
Hudson Santana
Buyer's Agent in 2021
Hudson Santana
Keller Williams Realty Boston Northwest
(617) 272-0842
24 in this area
550 Total Sales
-
Seller's Agent in 2019
Donald Norton
Century 21 North East - Norton Group RE
-
Roberta Toner
R
Seller Co-Listing Agent in 2019
Roberta Toner
Encompass Property Solutions LLC
(857) 488-5138
11 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72785648
APN: SOME-000054-C000000-000009
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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