NOT LISTED FOR SALE

4 Putnam St Unit 1 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $823,000 - $914,000

3 Beds
2 Baths
1,115 Sq Ft
1920 Built

Last Sold December 02, 2014

Last sale price $520,000 $466 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,160/month

5 Days on Market

About This Home

As of December 2014

One-of-a-kind modern condo in vibrant Union Square! This turnkey unit offers a flexible layout that could be configured as 2 or 3 bedrooms. Featuring high ceilings, an open living/dining/kitchen, large bedrooms, exposed brick and other architectural details plus amenities galore -- renovated kitchen and baths, in-unit laundry, central air, spacious closets, many built ins AND additional basement storage. Overlooking a park in the heart of Union Square with its many cafés, restaurants, shops, yoga studios, a climbing gym, seasonal farmers market and community festivals. Walkscore of 94 ("Walker's Paradise!"), easy access to Routes 28 and 93, and direct bus service to the Red, Orange & Green Lines, plus Harvard & MIT. Just a few blocks from the future Union Square Green Line station. Pet-friendly, 10-unit association with a shared roof deck!

Last Agent to Sell the Property

Lara Gordon

Gibson Sotheby's International Realty Listed on: 10/08/2014

Gibson Sotheby's International Realty

Last Buyer's Agent

Scott Nelson

Coldwell Banker Realty - Westwood

Coldwell Banker Realty - Westwood

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,890

Year Built

1920

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Highway Access
  • Flooring: Tile, Hardwood
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Roof

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Condominium Name: Park Place Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 10
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2014
Closed on
Dec 2, 2014
Sold by
Larimer Jeffrey D and Larimer Kristen
Bought by
Gunther Hans M and Gunther Lauren M
Seller's Agent
Lara Gordon
Gibson Sotheby's International Realty
Buyer's Agent
Scott Nelson
Coldwell Banker Realty - Westwood
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Current Estimated Value
$858,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,521
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Apr 3, 2013
Sold by
Larimer Jeffrey D
Bought by
Larimer Jeffrey D and Larimer Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2011
Sold by
Larimer Jeffrey D and Larimer Brooke
Bought by
Larimer Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2006
Sold by
33 Summer Street Llc
Bought by
Larimer Brooke and Larimer Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gunther Hans M $520,000 --
Larimer Jeffrey D -- --
Larimer Jeffrey D -- --
Larimer Brooke $377,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larimer Jeffrey D $334,000
Previous Owner Larimer Jeffrey D $340,000
Previous Owner Larimer Brooke $302,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $520,000 -1.0% $466 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $525,000 -- $471 / 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 $7,890 $723,200 $0 $723,200
2024 $7,410 $704,400 $0 $704,400
2023 $6,685 $646,500 $0 $646,500
2022 $6,463 $634,900 $0 $634,900
2021 $6,339 $622,100 $0 $622,100
2020 $5,856 $580,400 $0 $580,400
2019 $5,984 $556,100 $0 $556,100
2018 $6,582 $582,000 $0 $582,000
2017 $6,386 $547,200 $0 $547,200
2016 $6,106 $487,300 $0 $487,300
2015 $5,339 $423,400 $0 $423,400
Source: Public Records

Agents Affiliated with this Home

  • Lara Gordon

    Seller's Agent in 2014

    Lara Gordon

    Gibson Sothebys International Realty

    (617) 710-4632

    4 in this area

    85 Total Sales

    Lara Gordon
    Section Image
  • Scott Nelson

    Buyer's Agent in 2014

    Scott Nelson

    Coldwell Banker Realty - Westwood

    (617) 910-6255

    86 Total Sales

    Scott Nelson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71754424

MLS Property Information Network (MLS PIN)

APN: SOME-000062-B000000-000053-000004-1

Massachusetts Middlesex County Somerville 02143 Prospect Hill

4 Putnam St Unit 1, Somerville, MA

Not Listed for Sale

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