NOT LISTED FOR SALE

38 Albion St Somerville, MA 02143

Estimated Value: $1,014,000 - $1,345,000

3 Beds
1.5 Baths
1,434 Sq Ft
$852/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $1,150,000 $802 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,698/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Mud Room
  • Somerville High School Rated A-
  • Wood Flooring
  • 3-minute walk to Hoyt-Sullivan Playground

About This Home

As of August 2022

Classic, comfortable colonial in the heart of Somerville! This charming home has many updates! All wood floors recently refinished, new cabinets and generous sink in the kitchen, new vanities in both baths, new floor in the first floor half bath. Freshly painted through out. First floor is comprised of a large, airy living room which flows into a dining room with bright bay windows. The kitchen has a durable slate floor and a convenient center island. Second floor has a large master bedroom with a huge walk in closet; and two other good sized bedrooms. The full bath has tile floors. The home comes with a full garage with a brand new triple paned door. The backyard has raised beds with mature perennials, a lovely stand of birch trees and a tall pergola for shade. Perfect for outdoor entertaining! The Lowell Street Green Line stop and Minuteman Bike path are steps away. Property has tenants until August 31st. Sept. 5 closing preferred. More photos and floor plans to follow.

Last Listed By

Damian Musello

JCalderon Realty License #449504842 Listed on: 05/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,922

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 2,839 Sq Ft Lot
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned RA

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,434 Sq Ft Home
  • Light Fixtures
  • Bay Window
  • Mud Room
  • Storm Windows

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:42 B:C L:19,753631

Community Details

Amenities

  • Shops

Recreation

  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,922

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2
  • Sub Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile, Flooring - Laminate, Flooring - Wood
  • Interior Amenities: Mud Room
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Area: 140
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Walk-In Closet(s)
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 208
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Dining Room Level: First
  • Room Dining Room Area: 195
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Remodeled, Gas Stove, Lighting - Overhead
  • Room Kitchen Area: 154
  • Laundry Features: Dryer Hookup - Gas, Washer Hookup, Dryer Hookup - Electric, In Basement
  • Room Living Room Level: First
  • Room Living Room Area: 225
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full
  • Living Area: 1434
  • Window Features: Storm Window(s)
  • MAIN LO: AN4542
  • LIST PRICE PER Sq Ft: 668.76
  • PRICE PER Sq Ft: 801.95
  • MAIN SO: BB5522

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Brick/Mortar
  • Frontage Length: 40
  • Patio And Porch Features: Porch - Enclosed
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Highway Access, Public School

Lot Info

  • Parcel Number: M:42 B:C L:19,753631
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2839
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 160
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7922
  • Tax Book Number: 24507

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 30, 2022
Sold by
Musello Damian R
Bought by
Margenot Max and Margenot Avery
Seller's Agent
Damian Musello
JCalderon Realty
Buyer's Agent
Ryan Wilson
Keller Williams Realty
List Price
$959,000
Sold Price
$1,150,000
Premium/Discount to List
$191,000
19.92%
Total Days on Market
6
Current Estimated Value
$1,221,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,790
Avg. Annual Appreciation
2.26%
Original Mortgage
$920,000
Outstanding Balance
$886,598
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,192

Range of Values:

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Average Value
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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
Margenot Max $1,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margenot Max $920,000
Previous Owner Musello Damian R $210,000
Previous Owner Musello Damian R $160,000
Previous Owner Musello Damian R $20,000
Previous Owner Musello Damian R $75,000
Previous Owner Musello Damian R $100,000
Previous Owner Musello Damian R $80,000
Previous Owner Musello Damian R $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $1,150,000 +19.9% $802 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $959,000 0.0% $669 / Sq Ft
08/12/2021 08/12/21 Rented -- -- --
06/28/2021 06/28/21 Under Contract -- -- --
06/06/2021 06/06/21 For Rent $3,000 +3.4% --
09/05/2020 09/05/20 Rented $2,900 0.0% --
08/07/2020 08/07/20 Under Contract -- -- --
07/30/2020 07/30/20 For Rent $2,900 -- --
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 $11,093 $1,016,800 $438,300 $578,500
2024 $10,357 $984,500 $438,300 $546,200
2023 $8,535 $825,400 $438,300 $387,100
2022 $7,922 $778,200 $417,500 $360,700
2021 $7,445 $730,600 $397,600 $333,000
2020 $6,990 $692,800 $382,300 $310,500
2019 $6,861 $637,600 $332,400 $305,200
2018 $6,482 $573,100 $302,200 $270,900
2017 $6,103 $523,000 $285,100 $237,900
2016 $5,930 $473,300 $260,800 $212,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72978002

MLS Property Information Network (MLS PIN)

APN: SOME-000042-C000000-000019