NOT LISTED FOR SALE

4 Bedford St Somerville, MA 02143

Estimated Value: $1,307,000 - $1,425,000

5 Beds
3 Baths
2,147 Sq Ft
$632/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $955,000 $445 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,305/month

44 Days on Market

About This Home

As of October 2019

Cash flowing investment property located on the Somerville/Cambridge line, near to Union Square and Inman Square. This 2-family property has over 2,100 sq ft of living space over 3 levels. The first floor unit is a 2 bed and 1 bath. The upper unit is duplex and has been redone with hardwood flooring, updated kitchen with granite countertops and stainless steel appliances and outdoor space on each level. Value to be unlocked by adding a third bedroom to the upper unit. The upper unit could easily be made into a 3 bedroom unit. The property offers 2 off-street parking spaces, laundry and storage in the basement. Weekday showings by appointment. Underlying zoning favorable for redevelopment.

Last Agent to Sell the Property

Brian Gallagher

Senne License #449550038 Listed on: 08/17/2019

Last Buyer's Agent

Janet Wu Cook

Keller Williams Elite

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,889

Year Built

  • Built in 1900

Lot Details

  • 2,178

Outdoor Features

  • Deck

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,889

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 451.33
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Main Lo: AN3723
  • Main So: BB5301
  • Estimated Sq Ft: 2147.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Features: Deck - Wood
  • Foundation: Poured Concrete

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Hea Common: Oil

Lot Info

  • Assessments: 704300.00
  • Acre: 0.05
  • Lot Size: 2160.00
  • Page: 279
  • Zoning: BA
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 5000
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7578.27
  • Assessor Parcel Number: 760722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Oct 29, 2019
Sold by
Senne Investments Llc
Bought by
Xin Hongmin
Seller's Agent
Brian Gallagher
Senne
Buyer's Agent
Janet Wu Cook
Keller Williams Elite
List Price
$969,000
Sold Price
$955,000
Premium/Discount to List
-$14,000
-1.44%
Current Estimated Value
$1,357,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,719
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Dec 22, 2017
Sold by
Senne William P
Bought by
Senne Investments Llc

Purchase Details

Closed on
Aug 31, 2017
Sold by
Difava Michael A and Difava Marie C
Bought by
Senne William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.89%
Mortgage Type
Unknown
Source: Public Records

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

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
Xin Hongmin $955,000 --
Senne Investments Llc -- --
Senne William P $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Senne Investments Llc $4,780,000
Previous Owner Senne William P $270,000
Previous Owner Senne William P $630,000
Previous Owner Difava Michael A $140,293
Previous Owner Difava Marie C $31,000
Previous Owner Divava Michael A $140,000
Previous Owner Difava Michael A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $955,000 -1.4% $445 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $969,000 -- $451 / 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 $10,889 $998,100 $506,500 $491,600
2024 $10,407 $989,300 $506,500 $482,800
2023 $9,889 $956,400 $506,500 $449,900
2022 $9,311 $914,600 $482,300 $432,300
2021 $8,841 $867,600 $459,400 $408,200
2020 $8,332 $825,800 $441,700 $384,100
2019 $7,578 $704,300 $375,100 $329,200
2018 $6,337 $560,300 $341,000 $219,300
2017 $6,063 $519,500 $308,800 $210,700
2016 $6,209 $495,500 $303,600 $191,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72551319

MLS Property Information Network (MLS PIN)

APN: SOME-000097-F000000-000010