NOT LISTED FOR SALE

Estimated Value: $1,460,000

6 Beds
2 Baths
3,090 Sq Ft
$472/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $1,100,000 $356 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,415/month

73 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Stone Wall
  • Somerville High School Rated A-
  • Covered Deck
  • 4-minute walk to Hoyt-Sullivan Playground

About This Home

As of December 2018

ATTENTION Investors and End-Users! This great, well-maintained multi-family home in Somerville gets SOLID rents with room to improve! Parallel with Highland Ave, Madison Street is moments away from ample public transportation resources, highway access, great shops/restaurants, Somerville City Hall & High School as well as the future GILMAN SQ Green Line T stop! These BIG units make for happy renters. Open floor plans, nice appliances, ceiling fans, fireplaces and front and rear porches make for great city living. Recently painted interior. Laundry in the basement with space to store items. This area boasts ample resident street parking and the large driveway gets the cars off the street. With some improvement you could enjoy many possible uses for the large 3 car garage. Opportunity awaits!

Last Agent to Sell the Property

Jeff Stephens

Compass Listed on: 10/09/2018

Compass

Last Buyer's Agent

Wei Wenny Fu

Phoenix Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,157

Year Built

  • Built in 1900

Lot Details

  • 4,356

Parking

  • 3 Car Garage

Outdoor Features

  • Covered Deck
  • Enclosed Patio or Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Stone Wall
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:50 B:F L:6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,157

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 2500
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 372.17
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Bulkhead, Sump Pump, Concrete Floor
  • Main Lo: AN4870
  • Main So: BB5745
  • Estimated Sq Ft: 3090.00

Exterior Features

  • Construction: Frame
  • Roof Material: Slate, Rubber
  • Exterior: Aluminum
  • Exterior Features: Porch, Porch - Enclosed, Covered Patio/Deck, Stone Wall
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem, On Street Permit, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 695600.00
  • Acre: 0.10
  • Lot Size: 4568.00
  • Page: 120
  • Parcel Number: M:50 B:F L:6
  • Zoning: RA
  • Lot Description: Paved Drive, Sloping

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 5100
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7867.00
  • Assessor Parcel Number: 755080

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

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $1,100,000 -4.3% $356 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/19/2018 11/19/18 Price Changed $1,150,000 -3.8% $372 / Sq Ft
11/08/2018 11/08/18 For Sale $1,195,000 0.0% $387 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $1,195,000 -- $387 / 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
2022 $12,157 $1,148,200 $487,100 $661,100
2021 $11,849 $1,088,900 $463,900 $625,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72407846

MLS Property Information Network (MLS PIN)

APN: SOME-000050-F000000-000006