NOT LISTED FOR SALE

Estimated Value: $1,131,000 - $1,606,556

4 Beds
3 Baths
2,750 Sq Ft
$508/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $1,025,000 $373 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,687/month

10 Days on Market

Highlights

  • Fruit Trees
  • Wood Flooring
  • Balcony
  • Somerville High School Rated A-
  • Fenced Yard
  • 3-minute walk to Marshall Street Playground

About This Home

As of July 2018

Not your average 3-family! Ideal for owner occupants and investors alike, with a history of solid rental income and potential for growth. Lovingly cared for by its current owners, this home has had many upgrades while preserving its original charm. Unit 1 features gorgeous, wide yellow pine floors, soaring ceilings, crown molding, original pocket doors, an updated eat-in kitchen, and laundry hookups in unit. Walk upstairs to unit 2 and you'll find a delightfully sunny space featuring an open layout, eat-in kitchen, office, and a private deck. Unit 3 is the cherry on top - cozy yet spacious, it features refinished wood floors, high ceilings, and loads of charm. A full basement with great ceiling height provides additional usable space. Outside you have 2 side-by-side parking spots AND a fenced-in, landscaped yard and garden area. About a mile away from Assembly Row, a block away from bus routes to three different train lines, and ¼ mile from a future Green Line Extension stop.

Last Agent to Sell the Property

Fayth Cregg

Leading Edge Real Estate Listed on: 05/09/2018

Co-Listed By

Ted Billings

Compass License #455022870

Last Buyer's Agent

Ted Billings

Compass License #455022870

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,226

Year Built

  • Built in 1910

Lot Details

  • Fenced Yard
  • Fruit Trees
  • Garden

Flooring

  • Wood
  • Laminate
  • Vinyl

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:59 B:B L:15

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,226

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 345.42
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Vinyl, Varies Per Unit, Laminate, Hardwood, Wood Laminate
  • Total Flrs: 6
  • Total Frplcs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Unfinished Basement
  • Main Lo: AN4643
  • Main So: AN4643
  • Estimated Sq Ft: 2750.00

Exterior Features

  • Roof Material: Slate
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio, Balcony, Gutters, Fenced Yard, Fruit Trees, Garden Area
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Highway Access, Public School

Lot Info

  • Assessments: 554400.00
  • Acre: 0.07
  • Lot Size: 2950.00
  • Page: 429
  • Parcel Number: M:59 B:B L:15
  • Zoning: RA
  • Lot Description: Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 3
  • Total Rent: 3800
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6270.00
  • Assessor Parcel Number: 756237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jul 31, 2018
Sold by
Ellison Zachary and Ellison Lindsay
Bought by
Brainard David N
Seller's Agent
Fayth Cregg
Leading Edge Real Estate
Buyer's Agent
Ted Billings
Compass
List Price
$949,900
Sold Price
$1,025,000
Premium/Discount to List
$75,100
7.91%
Total Days on Market
10
Current Estimated Value
$1,396,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,639
Avg. Annual Appreciation
4.57%
Original Mortgage
$922,500
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2013
Sold by
Chenevert Mark
Bought by
Ellison Zachary and Ellison Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2008
Sold by
Wallack Ceena M and Cremin Margaret A
Bought by
Chenevert Mark and Ellison Zack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Brainard David N $1,025,000 --
Ellison Zachary $180,000 --
Ellison Zachary $180,000 --
Chenevert Mark $442,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brainard David N $895,000
Closed Brainard David N $909,600
Closed Brainard David N $922,500
Previous Owner Ellison Zachary $330,000
Previous Owner Chenevert Mark $221,250
Previous Owner Cremin Margaret A $110,000
Previous Owner Cremin Margaret A $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $1,025,000 +7.9% $373 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $949,900 -- $345 / 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 $11,226 $1,029,000 $373,200 $655,800
2024 $10,526 $1,000,600 $373,200 $627,400
2023 $10,634 $1,028,400 $373,200 $655,200
2022 $10,166 $998,600 $355,400 $643,200
2021 $9,363 $918,800 $338,500 $580,300
2020 $8,746 $866,800 $325,500 $541,300
2019 $6,663 $619,200 $276,300 $342,900
2018 $6,270 $554,400 $266,500 $287,900
2017 $6,157 $527,600 $248,500 $279,100
2016 $5,988 $477,900 $214,900 $263,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72324126

MLS Property Information Network (MLS PIN)

APN: SOME-000059-B000000-000015