NOT LISTED FOR SALE

40 Highland Ave Unit 3 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $567,000 - $684,000

1 Bed
1 Bath
676 Sq Ft
$233/mo HOA Fee

Last Sold May 10, 2019

Last sale price $510,000 $754 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,956/month

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Somerville High School Rated A-
  • 4-minute walk to Edward L. Leathers Community Park

About This Home

As of May 2019

Bright and Airy Union Square Gem. This Well laid out Open Concept Condo is Ideally Located: Steps to a bus stop; 3 Blocks to Green Line Extension, Walking Distance to Union Square. The Sleek Hardwood Floor against Exposed Brick, Tall Ceilings and Abundant Windows highlight the quintessential Urban Living space. Eat-In Kitchen with Bay Windows around the Dining Space features Stainless Steel Appliances, Granite Countertop, Under Cabinet Lighting, and ample Cabinets. Large Full Bath includes In-Unit Washer and Dryer. The bedroom features good size closets as well as Additional built-ins, with Space for King Size Bed. Central Air Conditioning and Forced Hot Air, Common Shared Rear Patio, and Large Basement Storage Space rounds out this Excellent Offering in Prime Somerville Location. Come and Check it Out!

Last Agent to Sell the Property

Tyler Lecao

BA Property & Lifestyle Advisors Listed on: 03/28/2019

Last Buyer's Agent

Ryan Wilson

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,798

Year Built

  • Built in 1895

HOA Fees

  • $233 per month

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number M:72 B:F L:6 U:40-3

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,798

Year Built

Built in 1895

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 2.25
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 732.25
  • Comp Based On: Net Sale Price
  • Year Built: 1895
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1895

Interior Features

  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 3
  • No Living Levels: 1
  • Main Lo: K95614
  • Main So: BB5522
  • Estimated Sq Ft: 676.00

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 233.13
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes

Lot Info

  • Assessments: 410400.00
  • Page: 415
  • Parcel Number: M:72 B:F L:6 U:40-3
  • Zoning: RA

Tax Info

  • Taxes: 4416.00
  • Assessor Parcel Number: 4659330

Multi Family

  • No Units: 14
  • No Units Owner Occ: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 1, 2019
Sold by
Kursten Eleni
Bought by
Wanderer Meghan
Seller's Agent
Tyler Lecao
BA Property & Lifestyle Advisors
Buyer's Agent
Ryan Wilson
Keller Williams Realty
List Price
$495,000
Sold Price
$510,000
Premium/Discount to List
$15,000
3.03%
Current Estimated Value
$613,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,391
Avg. Annual Appreciation
2.85%
Original Mortgage
$416,033
Outstanding Balance
$363,512
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$249,879

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 1, 2016
Sold by
Bauer John C
Bought by
Kursten Eleni
Seller's Agent
Alex Kuzakovsky
Luna Luxury Realty
Buyer's Agent
Tyler Lecao
BA Property & Lifestyle Advisors
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$352,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2014
Closed on
Mar 27, 2014
Sold by
Wagner Thuy and Wagner Thuy N
Bought by
Bauer John C
Seller's Agent
Ann Sabbey
RE/MAX Destiny
Buyer's Agent
Marilyn Mudry
Keller Williams Realty Boston Northwest
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$261,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2006
Sold by
Avenue 40-42 Highland and Kaufman Victor M
Bought by
Wagner Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,920
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wanderer Meghan $510,000 --
Kursten Eleni $415,000 --
Bauer John C $349,000 --
Wagner Thuy $244,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wanderer Meghan $416,033
Previous Owner Kursten Eleni $352,750
Previous Owner Bauer John C $261,750
Previous Owner Wagner Thuy $195,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2019 05/10/19 Sold $510,000 +3.0% $754 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $495,000 +19.3% $732 / Sq Ft
08/02/2016 08/02/16 Sold $415,000 +10.7% $614 / Sq Ft View Prior Sale
07/02/2016 07/02/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $375,000 +7.4% $555 / Sq Ft
03/27/2014 03/27/14 Sold $349,000 0.0% $516 / Sq Ft View Prior Sale
02/12/2014 02/12/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $349,000 0.0% $516 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $349,000 -- $516 / 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 $5,798 $531,400 $0 $531,400
2024 $5,348 $508,400 $0 $508,400
2023 $5,191 $502,000 $0 $502,000
2022 $4,960 $487,200 $0 $487,200
2021 $4,862 $477,100 $0 $477,100
2020 $4,575 $453,400 $0 $453,400
2019 $4,416 $410,400 $0 $410,400
2018 $4,515 $399,200 $0 $399,200
2017 $3,925 $336,300 $0 $336,300
2016 $4,164 $332,300 $0 $332,300
2015 $3,757 $297,900 $0 $297,900
Source: Public Records

Agents Affiliated with this Home

  • Tyler Lecao

    Seller's Agent in 2019

    Tyler Lecao

    BA Property & Lifestyle Advisors

    (508) 649-3880

    2 in this area

    170 Total Sales

    Tyler Lecao
    Section Image
  • Ryan Wilson

    Buyer's Agent in 2019

    Ryan Wilson

    Keller Williams Realty

    (781) 424-6286

    3 in this area

    665 Total Sales

    Ryan Wilson
    Section Image
  • Alex Kuzakovsky

    Seller's Agent in 2016

    Alex Kuzakovsky

    Luna Luxury Realty

    (617) 922-3511

    13 Total Sales

    Alex Kuzakovsky
    Section Image

  • A

    Seller's Agent in 2014

    Ann Sabbey

    RE/MAX

    Section Image
  • Marilyn Mudry

    Buyer's Agent in 2014

    Marilyn Mudry

    Keller Williams Realty Boston Northwest

    (978) 505-0614

    29 Total Sales

    Marilyn Mudry
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72472288

MLS Property Information Network (MLS PIN)

APN: SOME-000072-F000000-000006-000040-3

Massachusetts Middlesex County Somerville 02143 Prospect Hill

40 Highland Ave Unit 3, Somerville, MA

Not Listed for Sale

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