Hans Nagrath
Compass
(888) 604-7140
164 Total Sales
1 in Teele Square
$930,000 Price
38 Fairmount Ave Somerville, MA 02144
Teele Square NeighborhoodEstimated Value: $1,343,000 - $1,717,733
7
Beds
3.5
Baths
3,440
Sq Ft
$454/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- Wood Flooring
- Jogging Path
- Somerville High School Rated A-
- Tennis Courts
- 4-minute walk to North Street Veterans Playground
About This Home
As of August 2024Family Owned for over 58 Years! UNDER A MILE to the DAVIS SQ REDLINE... just over a HALF MILE TO THE TUFTS GREEN LINE. A LOT OF HOUSE...Brick Front 14 Room (5&9) 2 FAMILY with OVER 3400 SQ FT OF LIVING AREA... living area does NOT incl E-Z BONUS EXPANSION of a previously finished basement that has ADDITIONAL HALF BATH. Quiet serene highly sought after neighborhood...close to everything! FIRST FLR UNIT IS VACANT w/ 5 rms, 2 bdrms & a full bath... 2nd Floor Unit is rented for $3,700 a month w/ 9 rms 5 bdrms & 2 full baths...lease exp is 8/31/24. Hardwood floors on 1st floor. First floor ktchn has pantry. Both units have laundry's. BASEMENT HAS OVER 900 SQ FT... MOST OF WHICH IS FINISHED. Solid house in good condition with incredible upside & fantastic rent potential. Driveway has pavers with off street parking for 2 cars. Back yard has patio area! Rated a VERY WALKABLE WALK SCORE OF 89... VERY BIKEABLE BIKE SCORE OF 87 w/ EXCELLENT TRANSIT. ENTIRE HOUSE CAN BE DELIVERED VACANT!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,806
Year Built
- Built in 1910
Lot Details
- 3,500 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Slate Roof
Interior Spaces
- 3,440 Sq Ft Home
- Property has 1 Level
- Finished Basement
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit and schools
Utilities
- 2 Heating Zones
- 220 Volts
Listing and Financial Details
- Total Actual Rent $3,700
- Legal Lot and Block 2 / f
Community Details
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Shops
- Net Operating Income $44,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2024
Closed on
Jul 26, 2024
Sold by
Bought by
Seller's Agent
Steve Bremis
Steve Bremis Realty Group
Buyer's Agent
Amy Weitzman
Commonwealth Standard Realty Advisors
List Price
$1,499,000
Sold Price
$1,435,000
Premium/Discount to List
-$64,000
-4.27%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,683
Avg. Annual Appreciation
4.28%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Teele Square, MA
-
Hans Nagrath
-
Michael Albano
Michael Albano
ERA Metropolitan Homes
(857) 365-2073
14 Total Sales
2 in Teele Square
$1,119,900 Price Range
-
Brody Murphy Novak Group
Brody Murphy Novak Group
Douglas Elliman Real Estate - Park Plaza
(781) 661-6002
38 Total Sales
1 in Teele Square
$1,375,000 Price
-
Barrie Naji
Barrie Naji
Real Broker MA, LLC
(781) 512-4579
49 Total Sales
1 in Teele Square
$810,000 Price
-
Rachel Hillman Foy
Rachel Hillman Foy
Hillman Homes
(774) 806-8325
138 Total Sales
1 in Teele Square
$780,000 Price
-
C. Devon Holden
C. Devon Holden
C. Devon's Homes, LLC
(857) 380-1194
15 Total Sales
1 in Teele Square
$1,100,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,435,000 | None Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2024 08/05/24 | Sold | $1,435,000 | -4.3% | $417 / Sq Ft |
| 07/17/2024 07/17/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $1,499,000 | 0.0% | $436 / Sq Ft |
| 03/10/2022 03/10/22 | Rented | $2,100 | 0.0% | -- |
| 02/23/2022 02/23/22 | Under Contract | -- | -- | -- |
| 02/04/2022 02/04/22 | For Rent | $2,100 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $14,439 | $1,323,500 | $698,800 | $624,700 |
| 2024 | $13,806 | $1,312,400 | $698,800 | $613,600 |
| 2023 | $13,507 | $1,306,300 | $698,800 | $607,500 |
| 2022 | $12,719 | $1,249,400 | $665,600 | $583,800 |
| 2021 | $12,350 | $1,212,000 | $660,700 | $551,300 |
| 2020 | $11,906 | $1,180,000 | $661,200 | $518,800 |
| 2019 | $11,262 | $1,046,700 | $601,900 | $444,800 |
| 2018 | $10,344 | $914,600 | $547,200 | $367,400 |
| 2017 | $10,145 | $869,300 | $516,200 | $353,100 |
| 2016 | $9,801 | $782,200 | $461,000 | $321,200 |
| 2015 | $9,382 | $744,000 | $425,700 | $318,300 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bremis
Seller's Agent in 2024
Steve Bremis
Steve Bremis Realty Group
(617) 828-1070
4 in this area
192 Total Sales
-
Amy Weitzman
A
Buyer's Agent in 2024
Amy Weitzman
Commonwealth Standard Realty Advisors
(617) 970-8287
1 in this area
42 Total Sales
-
Dino Confalone
Seller's Agent in 2022
Dino Confalone
Gibson Sothebys International Realty
(617) 803-5007
1 in this area
99 Total Sales
-
Jaqueline Lavoie
J
Seller Co-Listing Agent in 2022
Jaqueline Lavoie
Gibson Sothebys International Realty
1 Total Sale
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73263717
APN: SOME-000008-F000000-000002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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