40 Highland Ave Unit 3 Somerville, MA 02143
Prospect Hill Neighborhood
1
Bed
1
Bath
676
Sq Ft
871
Sq Ft Lot
About This Home
As of May 2019Gorgeous and spacious one bedroom condo in Union Square. Walk to Union Square or the proposed Gilman Square green line stop in minutes. The bus stop right outside your door provides direct access to Davis Square and Lechmere station. Union Square is exploding with development and contains many exciting new restaurants and cafés. Condo fee is only $190. Common back patio was completely renovated just a few weeks ago and roof repairs are underway now. Both of these expenses have already been paid for. This condo has everything including Central AC, in-unit washer and dryer (high-efficiency), large storage unit in the basement, hardwood floors throughout, and an open layout. The Cumberland condominium building is a wonderful community of friendly neighbors and is 88% owner-occupied. First Open house Saturday 6/25/15 at Noon-1:30 pm and Sunday 6/26/16 Noon-1:30pm.
Property Details
Home Type
Condominium
Est. Annual Taxes
$5,798
Year Built
1885
Lot Details
0
Listing Details
- Unit Level: 2
- Unit Placement: Upper, Middle
- Property Type: Condominium/Co-Op
- Commission: 2.50
- Seller Agency: 2.50
- Sub-Agency Relationship Offered: Yes
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1885
Interior Features
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator - ENERGY STAR, Dryer - ENERGY STAR, Dishwasher - ENERGY STAR
- Has Basement: Yes
- Number of Rooms: 3
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University
- Electric: 110 Volts
- Energy: Insulated Windows
- Flooring: Wood, Tile, Hardwood
- Interior Amenities: Security System, Cable Available, Intercom
- Kitchen: First Floor
- Living Room: First Floor
- Master Bedroom: First Floor
- Dining Room: First Floor
- No Living Levels: 1
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl, Asbestos
- Exterior Unit Features: Patio, City View(s), Fenced Yard, Garden Area
Garage/Parking
- Parking: Off-Street, On Street Permit
- Parking Spaces: 0
Utilities
- Cooling: Central Air
- Heating: Central Heat
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Oven
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: The Cumberland Condominium
- Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Extra Storage, Refuse Removal, Garden Area
- Management: Professional - Off Site
- Pets Allowed: Yes
- No Units: 15
- Optional Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Landscaping, Snow Removal, Park, Recreational Facilities
- Unit Building: 3
Fee Information
- Fee Interval: Monthly
Schools
- Middle School: Hanscom Middle
Lot Info
- Zoning: 999
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,103
Avg. Annual Appreciation
3.98%
Original Mortgage
$416,033
Outstanding Balance
$368,105
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$282,701
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $510,000 | -- | |
| Not Resolvable | $415,000 | -- | |
| Not Resolvable | $349,000 | -- | |
| Deed | $244,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $416,033 | New Conventional | |
| Previous Owner | $348,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $352,750 | New Conventional | |
| Previous Owner | $283,200 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $261,750 | New Conventional | |
| Previous Owner | $181,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $188,000 | No Value Available | |
| Previous Owner | $23,500 | No Value Available | |
| Previous Owner | $195,920 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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
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
-
Seller's Agent in 2019
Tyler Lecao
BA Property & Lifestyle Advisors
(508) 649-3880
182 Total Sales
-
Buyer's Agent in 2019
Ryan Wilson
Keller Williams Realty
(781) 424-6286
2 in this area
673 Total Sales
-
Seller's Agent in 2016
Alex Kuzakovsky
Luna Luxury Realty
(617) 922-3511
13 Total Sales
-
A
Seller's Agent in 2014
Ann Sabbey
RE/MAX
-
Buyer's Agent in 2014
Marilyn Mudry
Keller Williams Realty Boston Northwest
(978) 505-0614
30 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72029201
APN: SOME-000072-F000000-000006-000040-3
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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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