Seller's Agent in 2020
Peter Cote
Coldwell Banker Realty - Cambridge
(617) 388-1629
1 in this area
57 Total Sales
4 Princeton St Somerville, MA 02144
Magoun Square NeighborhoodEstimated Value: $2,252,000
3
Beds
4
Baths
1,456
Sq Ft
$1,547/Sq Ft
Est. Value
About This Home
As of May 2020DEVELOPMENT OPPORTUNITY. Centrally located between Cedar and Lowell Streets, this is a large 10,149 sq/ft lot that currently has a smaller 3 unit dwelling and a 2 car garage with an extra parking area. The land could be better used with a bigger structure and/or more units. A buyer should investigate and do their due diligence on future development. This property abuts the newer section of the bike path (between Cedar St and Lowell St) and is close to the newly proposed "Lowell St - GREEN LINE ext "T" stop", Magoun Sq and accessible via the bike path... Davis Square and the Red line "T" Stop. The property will be completely vacant April 1 2020.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,401
Year Built
- Built in 1930
Lot Details
- Year Round Access
Parking
- 2 Car Garage
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:34 B:A L:15
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2021
Sold by
Kap Development Llc
Bought by
4 Princeton Llc
Current Estimated Value
Purchase Details
Closed on
Apr 5, 2016
Sold by
Rana Manhar and Rana Priti
Bought by
Rana Ft and Rana
Purchase Details
Closed on
Sep 14, 2015
Sold by
Mistri Umesh and Mistri Dipti
Bought by
Mistri Ft and Mistri
Purchase Details
Closed on
Aug 28, 1986
Bought by
Rana Ft
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 4 Princeton Llc | -- | None Available | |
| 4 Princeton Llc | -- | None Available | |
| Rana Ft | -- | -- | |
| Rana Ft | -- | -- | |
| Mistri Ft | -- | -- | |
| Rana Ft | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kap Development Llc | $2,575,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2020 05/28/20 | Sold | $1,400,000 | -29.8% | $962 / Sq Ft |
| 02/11/2020 02/11/20 | Pending | -- | -- | -- |
| 01/25/2020 01/25/20 | For Sale | $1,995,000 | -- | $1,370 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $26,401 | $2,509,600 | $726,700 | $1,782,900 |
| 2023 | $13,909 | $1,345,200 | $726,700 | $618,500 |
| 2022 | $13,021 | $1,279,100 | $846,800 | $432,300 |
| 2021 | $11,616 | $1,139,900 | $806,500 | $333,400 |
| 2020 | $10,971 | $1,087,300 | $775,500 | $311,800 |
| 2019 | $10,165 | $944,700 | $674,300 | $270,400 |
| 2018 | $9,524 | $842,100 | $613,100 | $229,000 |
| 2017 | $9,344 | $800,700 | $578,300 | $222,400 |
| 2016 | $9,221 | $735,900 | $528,900 | $207,000 |
| 2015 | $9,181 | $728,100 | $526,000 | $202,100 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Cote
-
John Barmon
Seller Co-Listing Agent in 2020
John Barmon
Coldwell Banker Realty - Cambridge
(617) 529-6335
3 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72611946
APN: SOME-000034-A000000-000015
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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