NOT LISTED FOR SALE

Estimated Value: $1,420,472 - $1,739,000

6 Beds
3 Baths
5,611 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $1,429,820 $255 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,817/month

262 Days on Market

About This Home

As of May 2021

Amazing opportunity to own this stately and massive Victorian two-family home at the top of Winter Hill in Somerville. Approx. 4,000 sq. ft. on the three main floors and an additional 1,066 sq. ft. in finished lower level with walkout in the rear. This Multi-Family home sits on a 6,840 sq. ft. lot. The first-floor apartment has been updated to include kitchen w/ granite counters and saintless steel appliances, as well as an updated tile bath w/ glass shower doors. The upstairs apartment awaits your creative designs. Two car garage plus parking for 3 cars and outdoor space for relaxing. Great location in the center of everything. Close to Winter Hill Brewing, Magoun Square, CVS, etc. Close to proposed green line extension. The property will be delivered vacant at closing.

Last Agent to Sell the Property

Allan Fils-Aime

Ivy Realty Group Listed on: 05/05/2020

Last Buyer's Agent

Garrett Einis

Green Line Property Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:48 B:B L:8

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 260.02
  • 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

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 9
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Finished, Walk Out
  • Main Lo: AN4225
  • Main So: BB2510
  • Estimated Sq Ft: 5611.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Exterior: Wood
  • Foundation: Granite

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 1432100.00
  • Acre: 0.16
  • Lot Size: 6840.00
  • Page: 318
  • Parcel Number: M:48 B:B L:8
  • Zoning: RC
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 4
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 14450.00
  • Assessor Parcel Number: 754667
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
May 3, 2021
Sold by
Lee Michael
Bought by
382 Broadway Llc
Seller's Agent
Allan Fils-Aime
Ivy Realty Group
Buyer's Agent
Garrett Einis
Green Line Property Group
List Price
$1,459,000
Sold Price
$1,429,820
Premium/Discount to List
-$29,180
-2%
Current Estimated Value
$1,598,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,072
Avg. Annual Appreciation
2.85%
Original Mortgage
$3,168,750
Outstanding Balance
$2,867,189
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$1,235,821

Purchase Details

Closed on
Mar 17, 2017
Sold by
Tanaka Isao and Tanaka Akie
Bought by
Lee Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
3.25%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 17, 2016
Closed on
Dec 29, 2016
Sold by
Shigo Kristopher M and Shigo Allison M
Bought by
Tanaka Isao and Tanaka Akie
Seller's Agent
Brian Coffey
Leading Edge Real Estate
Buyer's Agent
Amanda Sullivan
Grayson Real Estate Group
List Price
$1,049,900
Sold Price
$980,000
Premium/Discount to List
-$69,900
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$686,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2010
Sold by
Shigo Albert A and Shigo Kathleen J
Bought by
Shigo Kristopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,565
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 1999
Sold by
Winter Howard T
Bought by
Cambridge Public Hlth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
382 Broadway Llc $1,429,820 None Available
Lee Michael $1,140,000 --
Tanaka Isao $980,000 --
Shigo Kristopher M $409,000 --
Cambridge Public Hlth $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 382 Broadway Llc $3,168,750
Previous Owner Lee Michael $735,000
Previous Owner Tanaka Isao $686,000
Previous Owner Shigo Kristopher M $403,565
Previous Owner Cambridge Public Hlth $194,000
Previous Owner Cambridge Public Hlth $196,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2021 05/10/21 Sold $1,429,820 -2.0% $255 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $1,459,000 0.0% $260 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
10/27/2020 10/27/20 Price Changed $1,459,000 -0.1% $260 / Sq Ft
07/31/2020 07/31/20 For Sale $1,460,000 +2.1% $260 / Sq Ft
07/30/2020 07/30/20 Off Market $1,429,820 -- --
07/18/2020 07/18/20 Price Changed $1,460,000 -2.0% $260 / Sq Ft
06/10/2020 06/10/20 Price Changed $1,490,000 -0.7% $266 / Sq Ft
05/05/2020 05/05/20 For Sale $1,500,000 +53.1% $267 / Sq Ft
12/29/2016 12/29/16 Sold $980,000 -2.0% $242 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
09/23/2016 09/23/16 Price Changed $999,900 -4.8% $247 / Sq Ft
09/07/2016 09/07/16 For Sale $1,049,900 +7.1% $260 / Sq Ft
08/27/2016 08/27/16 Off Market $980,000 -- --
08/17/2016 08/17/16 For Sale $1,089,900 -- $269 / 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 $6,465 $592,600 $493,200 $99,400
2024 $7,989 $759,400 $493,200 $266,200
2023 $14,457 $1,398,200 $493,200 $905,000
2022 $15,387 $1,511,500 $469,700 $1,041,800
2021 $15,359 $1,507,300 $447,300 $1,060,000
2020 $14,450 $1,432,100 $430,100 $1,002,000
2019 $12,971 $1,205,500 $365,100 $840,400
2018 $12,067 $1,066,900 $352,100 $714,800
2017 $10,212 $875,100 $328,400 $546,700
2016 $10,147 $809,800 $283,900 $525,900
2015 -- $679,300 $316,400 $362,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72651582

MLS Property Information Network (MLS PIN)

APN: SOME-000048-B000000-000008