NOT LISTED FOR SALE

39 Pearson Rd Somerville, MA 02144

Estimated Value: $1,267,440 - $1,824,000

7 Beds
3 Baths
3,400 Sq Ft
$447/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,325,000 $390 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,064/month

4 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Tennis Courts
  • Somerville High School Rated A-
  • Wood Flooring
  • 3-minute walk to Nathan Tufts Park

About This Home

As of September 2023

A HALF MILE TO DAVIS SQ RED LINE AND A 5 MINUTE WALK TO THE TUFTS GREEN LINE STOP...MAMMOTH 14 ROOM GRAND TWO FAMILY WITH OVER 3,400 SQ FT OF LIVING AREA! Over 5700 sq ft lot with great private rear yard escape. Family owned over 75 years and a RARE find! Wood floors throughout. Original Bostonian moldings. Nine room second floor unit is vacant. Unit is 'tired' and has not been updated in several years. Originally a Philly Style and could easily be changed back. First floor is in good condition and currently rented for $2400 with a lease expiration of 8/31/23. . GARAGE is currently used for storage only but could be easily be converted back to garage parking. Located literally ON the Somerville/ Medford Line with the majority of the property in Somerville and part of the parcel in Medford. AMAZING location... rated a WALKER'S PARADISE Walk Score of 95...rated a BIKER'S PARADISE Bike Score of 94 and an Excellent Transit Score of 84. Well under a mile to three subway stops!

Last Listed By

Steve Bremis

Steve Bremis Realty Group Listed on: 08/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,721

Year Built

  • Built in 1905

Lot Details

  • 5,762

Parking

  • 1 Car Garage
  • Tandem Parking
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • 220 Volts
  • Natural Gas Connected

Additional Features

  • Deck
  • 5,762 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $2,400
  • Assessor Parcel Number 749714

Community Details

Recreation

  • Tennis Courts
  • Park
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,721

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1905
  • Buyer Agency: 2.125
  • Dual Variable: Yes
  • Transaction Broker: 2.125
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Living Area: 3400
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5028
  • LIST PRICE PER Sq Ft: 352.91
  • PRICE PER Sq Ft: 389.71
  • MAIN SO: AN5028

Exterior Features

  • Exterior Features: Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, On Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Electric: 220 Volts
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Tennis Court(s), Park, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 749714
  • Zoning: Rsdntl
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5762
  • Lot Size Units: Acres
  • PAGE: 186
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12721
  • Tax Book Number: 45570

Multi Family

  • Gross Income: 28800
  • Net Operating Income: 28800
  • Number Of Units Total: 2
  • Total Actual Rent: 2400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2017
Sold by
Buckley John J
Bought by
Buckley Ft and Buckley
Total Days on Market
4
Current Estimated Value
$1,521,110

Range of Values:

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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
Buckley Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 39 Pearson Llc $900,000
Previous Owner Jpf Rt $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $1,325,000 +10.4% $390 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $1,199,900 -- $353 / 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 $7,576 $694,400 $392,400 $302,000
2024 $10,378 $986,500 $392,400 $594,100
2023 $9,784 $946,200 $392,400 $553,800
2022 $9,226 $906,300 $373,700 $532,600
2021 $8,909 $874,300 $370,900 $503,400
2020 $8,529 $845,300 $371,200 $474,100
2019 $8,023 $745,600 $337,900 $407,700
2018 $7,293 $644,800 $307,200 $337,600
2017 $7,172 $614,600 $289,800 $324,800
2016 $6,949 $554,600 $258,800 $295,800
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73147195

MLS Property Information Network (MLS PIN)

APN: SOME-000019-B000000-000018