NOT LISTED FOR SALE

4 Newman Place Somerville, MA 02145

Estimated Value: $1,161,000 - $1,216,000

4 Beds
3 Baths
1,950 Sq Ft
$608/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $580,000 $297 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,188/month

About This Home

As of August 2018

SINGLE FAMILY HOUSE FOR RENT! Unbeatable location! Nestled between Davis, Ball and Magoun Squares lies a completely renovated stylish home that is available now! This home was renovated in 2019 and features 3 levels of living, 4 bedrooms and 2.5 baths. The spacious chef's kitchen is a dream with modern walnut cabinets, stainless steel appliances, and white quartz countertops. In-unit laundry, 2 off-street parking spots, and central air round off this offering. Steps to the Somerville Bike Path, a 15 minutes walk to the red line in Davis Square, and Tufts University not far. Come check it out! TENANT RESPONSIBLE FOR PAYING ALL UTILITIES, INCLUDING THE WATER AND SEWER BILLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 24, 2018
Sold by
Racicot John J
Bought by
Osullivan-Pierce Benjamin
Seller's Agent
edward accomando
RE/MAX Andrew Realty Services
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$719,000
Sold Price
$580,000
Premium/Discount to List
-$139,000
-19.33%
Current Estimated Value
$1,184,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,682
Avg. Annual Appreciation
10.20%
Original Mortgage
$435,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Osullivan-Pierce Benjamin $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan-Pierce B O $421,500
Closed Osullivan-Pierce Benjamin $435,000
Previous Owner Racicot John J $200,000
Previous Owner Racicot John J $200,000
Previous Owner Racicot John J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Rented $4,650 -2.1% --
02/22/2021 02/22/21 Under Contract -- -- --
02/09/2021 02/09/21 For Rent $4,750 -1.0% --
08/15/2019 08/15/19 Rented $4,800 -4.0% --
07/22/2019 07/22/19 Under Contract -- -- --
06/13/2019 06/13/19 For Rent $5,000 0.0% --
08/24/2018 08/24/18 Sold $580,000 -7.2% $343 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $624,900 -0.7% $370 / Sq Ft
06/27/2018 06/27/18 Price Changed $629,000 -4.6% $372 / Sq Ft
06/13/2018 06/13/18 Price Changed $659,000 -8.3% $390 / Sq Ft
06/06/2018 06/06/18 For Sale $719,000 -- $425 / Sq Ft

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 $10,814 $991,200 $398,600 $592,600
2024 $10,077 $957,900 $398,600 $559,300
2023 $9,379 $907,100 $398,600 $508,500
2022 $8,684 $853,000 $379,600 $473,400
2021 $8,133 $798,100 $361,500 $436,600
2020 $7,612 $754,400 $347,600 $406,800
2019 $6,188 $575,100 $302,300 $272,800
2018 $5,842 $516,500 $274,800 $241,700
2017 $5,497 $471,000 $259,200 $211,800
2016 $5,339 $426,100 $237,100 $189,000
2015 $5,282 $418,900 $235,800 $183,100
Source: Public Records

Agents Affiliated with this Home

  • Hudson Santana

    Seller's Agent in 2021

    Hudson Santana

    Keller Williams Realty Boston Northwest

    (617) 272-0842

    16 in this area

    552 Total Sales

    Hudson Santana
    Section Image
  • Jennifer Gelfand

    Buyer's Agent in 2021

    Jennifer Gelfand

    Keller Williams Realty Boston-Metro | Back Bay

    (617) 230-2829

    2 in this area

    219 Total Sales

    Jennifer Gelfand
    Section Image
  • Herman Davis

    Seller's Agent in 2019

    Herman Davis

    Metro North Realty, LLC

    (781) 346-2406

    9 Total Sales

    Herman Davis
    Section Image
  • edward accomando

    Seller's Agent in 2018

    edward accomando

    RE/MAX

    (978) 376-8835

    15 Total Sales

    edward accomando
    Section Image
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Map

Massachusetts Middlesex County Somerville 02144

4 Newman Place, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 4 Newman Place, Somerville, MA 02145 and is currently estimated at $1,184,682, approximately $607 per square foot. 4 Newman Place is a home located in Middlesex County with nearby schools including Somerville High School and St. Clement Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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