NOT LISTED FOR SALE

Estimated Value: $1,215,000 - $1,585,989

4 Beds
3 Baths
2,750 Sq Ft
$507/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 $8,659/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 Listed By

Fayth Cregg

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

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
$1,392,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,997
Avg. Annual Appreciation
4.14%
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Somerville, MA

  • 49 Glenwood Rd, Somerville, MA 02145

    $1,675,000

    • 6 Beds
    • 4 Baths
    • 3,625 Sq Ft
    • 49 Glenwood Rd
    • Somerville, MA

    LAST CHANCE before this home comes off the market! Submit your BEST and FINAL OFFERS by May 1st, if any. Don’t miss this opportunity! Presenting a rare opportunity for this renovated Mansard style two-family in a quaint Somerville neighborhood, nearby Magoun Square and the Green Line train. Property features six bedrooms, four bathrooms, three garage bays, nine total parking, and in-law

    Nicole Stabnikov Red Tree Real Estate

    Section Image
  • 24 Berkeley St, Somerville, MA 02143

    $1,449,000

    • 3 Beds
    • 3 Baths
    • 2,433 Sq Ft
    • 24 Berkeley St
    • Somerville, MA

    **INTRODUCING 24 BERKELEY STREET** Two Family House In Prime Spring Hill Location Near The Community Bike Path And Just Minutes From The Bustling Union, Davis, Porter Squares.

    Corey Mastrocola Welcome Home Properties, Inc.

    Section Image
  • 8 Pleasant Ave, Somerville, MA 02143

    $1,150,000

    • 4 Beds
    • 3 Baths
    • 2,364 Sq Ft
    • 8 Pleasant Ave
    • Somerville, MA

    Experience the charm and beauty in this Prospect Hill, multi-family, three-unit residential property on a spacious lot with gated side yard, deck space and driveway. Updates were recently made to separately meter all units with their own electric. The ornate woodwork of the exterior has been well-maintained, recently 5-year roof as well as partial rubber roof, upgraded fire escapes, gas furnaces

    Marybeth Nearen Keller Williams Elite - Sharon

    Section Image
  • 42 Ten Hills Rd, Somerville, MA 02145

    $1,199,000

    • 6 Beds
    • 2 Baths
    • 3,521 Sq Ft
    • 42 Ten Hills Rd
    • Somerville, MA

    Well-positioned 2-family on a corner lot offering 3,521 sq ft of living space across two spacious units. Unit 1 features 2 bedrooms, 1 full bath, high ceilings, a formal dining room, living room, eat-in kitchen, a covered front porch, and a rear deck. Unit 2 is a duplex and includes 4 bedrooms, 1 full bath, with two bedrooms and the full bath on the main level, plus two additional bedrooms

    The Moving Great Boston Team Berkshire Hathaway HomeServices Warren Residential

    Section Image
  • 146 Summer St, Somerville, MA 02143

    $1,685,000

    • 5 Beds
    • 3 Baths
    • 2,996 Sq Ft
    • 146 Summer St
    • Somerville, MA

    Spring Hill Beauty. It's hard to find a 2 Family renovated to this level and not yet converted to condos. 146 Summer St., home to an extended family over the last ten years, was initially renovated and further improved. A stylish facade with mahogany and Trex decks welcomes you to two lovely homes. The 1st floor has a classic layout w/ separate living, dining and eat-in kitchen, two generous

    Bill Aibel Coldwell Banker Realty - Cambridge

    Section Image
  • 88 Pearl St, Somerville, MA 02145

    $1,829,000

    • 6 Beds
    • 3.5 Baths
    • 2,416 Sq Ft
    • 88 Pearl St
    • Somerville, MA

    Experience refined living in this pristine 3-family residence, situated in the heart of East Somerville. Unbeatable location! Just minutes from I-93 for a quick commute into Boston. Enjoy easy access to Assembly Row, shopping centers, and both the new Union Square T Station (Green Line) and Sullivan Square on the Orange Line. This turn-key property features top-to-bottom updates, including modern

    Christopher Jean Jacques Realty Group Co.

    Section Image
  • 11 Morrison Ave, Somerville, MA 02144

    $1,350,000

    • 5 Beds
    • 2 Baths
    • 2,808 Sq Ft
    • 11 Morrison Ave
    • Somerville, MA

    Ideally located in the heart of Somerville, 9-11 Morrison Ave is a rare opportunity for investors or owner-occupants seeking an income-producing property. This spacious two-family home offers 2,698 sq ft across three levels, with 5 bedrooms, 2 bathrooms, and timeless charm. The first-floor unit features a sunny living room with bay windows and ceiling medallion, dining room with built-in

    Currier, Lane & Young Compass

    Section Image
  • 17 Bonner Ave, Somerville, MA 02143

    $1,725,000

    • 5 Beds
    • 2 Baths
    • 3,576 Sq Ft
    • 17 Bonner Ave
    • Somerville, MA

    Hard to find in Union Square on over a 10k sqft lot! If you're an owner occupant looking to bring this wonderful home back to life with modern amenities or a contractor looking for your next project, 17 Bonner Ave could be it! This home has been in the same family for 100+ years & offers so much opportunity! You must see inside to appreciate the square footage, layout, woodwork details & charm

    Carol McDonald Lamacchia Realty, Inc.

    Section Image
  • 111 Washington St, Somerville, MA 02143

    $1,399,000

    • 6 Beds
    • 3 Baths
    • 2,016 Sq Ft
    • 111 Washington St
    • Somerville, MA

    Calling all investors & developers; Prime Somerville investment opportunity in this transit-oriented location. The top floor was renovated in 21', while the vacated unit was just refreshed and ready to fetch market rent. The building was extensively rehabbed 20 years ago including plumbing, electrical, insulation, siding roof, etc. This property sits within an MR-4 zoning overlay, allowing for

    Sabbor Sheikh Coldwell Banker Realty - Boston

    Section Image

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

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72324126

MLS Property Information Network (MLS PIN)

APN: SOME-000059-B000000-000015