NOT LISTED FOR SALE

40 Florence St Unit 1 Somerville, MA 02145

East Somerville Neighborhood

Estimated Value: $984,000 - $1,176,242

3 Beds
3 Baths
1,672 Sq Ft
1900 Built

Last Sold March 20, 2020

Last sale price $875,000 $523 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,867/month

7 Days on Market

Highlights

  • Wood Flooring
  • Wine Refrigerator
  • Forced Air Heating and Cooling System
  • Somerville High School Rated A-
  • Tankless Water Heater
  • 1-minute walk to Symphony Park

About This Home

As of March 2020

GUT-RENOVATED CONDO with GARAGE PARKING! This sun-filled 3 bedroom home has been completely renovated to give you a state-of-the-art design. The floor plan is excellently laid out for entertaining! The gourmet kitchen is a chef's dream, featuring Fisher & Paykel professional appliances, quartz countertops, and a center island. The living area extends into the lower level with a full bedroom, full bathroom, and a dry bar! Other noteworthy features include heating/cooling controlled by programmable thermostats, and multiple zones of ceiling speakers. There's even a common yard! Located between Assembly and Union Squares in the vibrant East Somerville area with easy access to 93 and downtown Boston, Sullivan Sq. and Orange Line, and the new East Somerville stop on the Green Line Extension!

Last Listed By

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 01/29/2020

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,011

Year Built

  • Built in 1900

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:105 B:A L:8

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,011

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.50
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 508.37
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator - Wine Storage
  • No Bedrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: Yes
  • No Rooms: 6
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: BB5474
  • Main So: AN2213
  • Estimated Sq Ft: 1672.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Wood, Vinyl
  • Insulation Feature: Spray Foam
  • Exterior Unit Features: Professional Landscaping

Garage/Parking

  • Parking Feature: Off-Street
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
  • HOA Fees: 180.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 517800.00
  • Page: 596
  • Parcel Number: M:105 B:A L:8
  • Zoning: RB

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 5572.00
  • Assessor Parcel Number: 761235

Multi Family

  • No Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 5, 2020
Sold by
40 Florence Street Llc
Bought by
Petrik Christopher and Petrik Brittanee
Seller's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
Buyer's Agent
Victoria Zimmerman
Berkshire Hathaway HomeServices Warren Residential
List Price
$849,999
Sold Price
$875,000
Premium/Discount to List
$25,001
2.94%
Total Days on Market
7
Current Estimated Value
$1,088,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,061
Avg. Annual Appreciation
3.30%
Original Mortgage
$675,000
Outstanding Balance
$603,129
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$430,877

Range of Values:

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Average Value
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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
Petrik Christopher $875,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrik Christopher $675,000
Closed Petrik Christopher $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $875,000 +2.9% $523 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $849,999 -- $508 / 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 $10,011 $917,600 $0 $917,600
2024 $9,249 $879,200 $0 $879,200
2023 $8,994 $869,800 $0 $869,800
2022 $8,603 $845,100 $0 $845,100
Source: Public Records

Agents Affiliated with this Home

  • Hudson Santana

    Seller's Agent in 2020

    Hudson Santana

    Keller Williams Realty Boston Northwest

    (617) 272-0842

    22 in this area

    552 Total Sales

    Hudson Santana
    Section Image
  • Victoria Zimmerman

    Buyer's Agent in 2020

    Victoria Zimmerman

    Berkshire Hathaway HomeServices Warren Residential

    (781) 591-9091

    13 Total Sales

    Victoria Zimmerman
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72613116

MLS Property Information Network (MLS PIN)

APN: SOME M:105 B:A L:8 U:1

Massachusetts Middlesex County Somerville 02145 East Somerville

40 Florence St Unit 1, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 40 Florence St Unit 1, Somerville, MA 02145 since 29 January 2020 and is currently estimated at $1,088,061, approximately $650 per square foot. This property was built in 1900. 40 Florence St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, Prospect Hill Academy Upper Elementary Campus, and Bright Future Educare Center.

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