NOT LISTED FOR SALE

40 Highland Ave Unit 4 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $631,000 - $782,000

1 Bed
1 Bath
771 Sq Ft
$881/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $340,000 $441 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,097/month

Highlights

  • Porch
  • Patio
  • 4-minute walk to Edward L. Leathers Community Park
  • Somerville High School Rated A-
  • Central Heating

About This Home

As of August 2021

This Brightly lit 1Bed 1Bath is just a few blocks away from Union Square and less than a 10 minute drive to The Assembly Row shopping outlets. The unit features high ceilings, Oak Hardwood Floors, ample Living Room space, and great sunlight exposure on three sides. The kitchen offers Maple Cabinets, Granite Countertops, and Stainless Steel Appliances. The bedroom is spacious with an oversized double door closet. Large Full Bath with In-Unit Washer and Dryer, central air and some additional private basement storage. Completely renovated in 2005 and professionally managed, this 15-unit Victorian building has a large landscaped common patio and private outdoor decks.

Last Agent to Rent the Property

Seamus Donaldson

Coldwell Banker Realty - Cambridge Listed on: 07/19/2021

Coldwell Banker Realty - Cambridge

Last Renter's Agent

Seamus Donaldson

Coldwell Banker Realty - Cambridge Listed on: 07/19/2021

Coldwell Banker Realty - Cambridge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,119

Year Built

  • 1895

Lot Details

  • 7,405

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating
  • Heating System Uses Gas

Community Details

  • Call for details about the types of pets allowed

Property Details

Property Type

Other

Est. Annual Taxes

$6,119

Year Built

1895

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Date Available: 09/01/2021
  • Rent Fee Includes: Hot Water, Water, Sewerage Disposal, Refuse Removal, Snow Removal, Grounds Maintenance, Extra Storage
  • Sec Deposit: 2600.00

Listing Details

  • Property Type: Residential Rental
  • Rental Type: Condominium
  • List Price Per Sq Ft: 3.37
  • Lead Paint: Unknown
  • Unit Building: 4
  • Unit Level: 2
  • CoOp Comp: 50/50
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1895

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 3
  • Laundry Features: In Unit
  • Main Lo: AN6181
  • Main So: AN6181
  • Estimated Sq Ft: 771.00

Exterior Features

  • Exterior Features: Porch, Patio

Utilities

  • Heating: Gas, Central Heat
  • Air Conditioner: Yes

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park
  • Condo Association: Yes

Lot Info

  • Lot Size: 7500.00

Tax Info

  • Assessor Parcel Number: 4659330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2016
Sold by
Mao Yuntao
Bought by
Peng Yu
Current Estimated Value
$679,195

Purchase Details

Listed on
May 8, 2013
Closed on
Jun 28, 2013
Sold by
Korch Judith E
Bought by
Mao Yuntao
Seller's Agent
Claudia Mathews
Coldwell Banker Realty - Haverhill
Buyer's Agent
Steve Novak
Douglas Elliman Real Estate - Park Plaza
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$220,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Avenue 40-42 Highland and Kaufman Victor M
Bought by
Korch Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
6.4%
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
Peng Yu $465,713 --
Mao Yuntao $340,000 --
Mao Yuntao $340,000 --
Korch Judith E $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mao Yuntao $220,000
Previous Owner Korch Judith E $211,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2021 08/10/21 Rented $2,600 0.0% --
07/19/2021 07/19/21 For Rent $2,600 +13.0% --
08/16/2018 08/16/18 Rented $2,300 0.0% --
08/14/2018 08/14/18 Under Contract -- -- --
07/18/2018 07/18/18 For Rent $2,300 0.0% --
06/28/2013 06/28/13 Sold $340,000 +4.6% $441 / Sq Ft View Prior Sale
05/18/2013 05/18/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $325,000 -- $422 / 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 $6,119 $560,900 $0 $560,900
2024 $5,645 $536,600 $0 $536,600
2023 $5,478 $529,800 $0 $529,800
2022 $5,235 $514,200 $0 $514,200
2021 $5,131 $503,500 $0 $503,500
2020 $4,828 $478,500 $0 $478,500
2019 $4,661 $433,200 $0 $433,200
2018 $4,758 $420,700 $0 $420,700
2017 $4,095 $350,900 $0 $350,900
2016 $4,489 $358,300 $0 $358,300
2015 $3,931 $311,700 $0 $311,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2021

    Seamus Donaldson

    Coldwell Banker Realty - Cambridge

    22 Total Sales

    Seamus Donaldson
    Section Image

  • H

    Seller's Agent in 2018

    Herb Kimsey

    Coldwell Banker Realty - Cambridge

    (617) 864-4430

    7 Total Sales

    Herb Kimsey
    Section Image

  • C

    Seller's Agent in 2013

    Claudia Mathews

    Coldwell Banker Realty - Haverhill

  • Steve Novak

    Buyer's Agent in 2013

    Steve Novak

    Douglas Elliman Real Estate - Park Plaza

    (617) 955-2224

    3 in this area

    46 Total Sales

    Steve Novak
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72867986

MLS Property Information Network (MLS PIN)

APN: SOME-000072-F000000-000006-000040-4

Massachusetts Middlesex County Somerville 02143 Prospect Hill

40 Highland Ave Unit 4, Somerville, MA

Not Listed for Sale

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