NOT LISTED FOR SALE

40 Highland Ave Unit 5 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $508,000 - $583,000

1 Bed
1 Bath
675 Sq Ft
999 Sq Ft Lot

Sale Details

Date Sold: November 2, 2021

Last sale price $460,000 $681 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,417 / mo

Highlights

  • Open Floorplan
  • Property is near public transit
  • No HOA
  • Somerville High School Rated A-
  • Wood Flooring
  • 4-minute walk to Edward L. Leathers Community Park

About This Home

As of June 2023

GROUP SHOWING Thurs 6/15 4:30 - 6pm. Beautiful, sun-drenched one-bed designer condo in a super convenient location just 2 blocks to the new Gilman green line station! Open floor plan features high ceilings, exposed brick, hardwood floors, and a spectacular bank of oversized windows. The cook's kitchen offers tall maple cabinets, granite countertops, gas cooking, and stainless appliances, including dishwasher and disposal. Spacious bedroom w/ two closets. Convenient In-unit W/D, central A/C, and private locked basement storage. Enjoy morning coffee or outdoor dining on the large shared patio with a community grill! This 15-unit Victorian building is majority owner occupied, well managed, and pets are negotiable! Super convenient to the green line, many fantastic restaurants and coffee shops, the library, Tufts University, downtown Boston and more! Available September 1st.

Last Agent to Rent the Property

Mark Halliday

Aikenhead Real Estate, Inc. Listed on: 06/07/2023

Last Renter's Agent

Mark Halliday

Aikenhead Real Estate, Inc. Listed on: 06/07/2023

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1895

Lot Details

  • 999

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 675 Sq Ft Home
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,600
  • Property Available on 9/1/23
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 4659330

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1895

Lot Details

999 Sq Ft Lot

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2600

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1895
  • Entry Level: 3
  • Year Built Details: Approximate,Renovated Since
  • Year Round: Yes
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Hardwood
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan
  • Living Area: 675
  • Spa YN: No
  • MAIN LO: AN2648
  • MAIN SO: AN2648

Exterior Features

  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station
  • Rent Includes: Water, Sewer
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4659330
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Nov 2, 2021
Sold by
Bought by
Seller's Agent
Britta Reissfelder
Coldwell Banker Realty - Canton
Buyer's Agent
Nellie Aikenhead
Aikenhead Real Estate, Inc.
Sold Price
$460,000
Current Estimated Value
$544,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,179
Avg. Annual Appreciation
3.60%
Original Mortgage
$330,000
Outstanding Balance
$295,656
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$248,523

Purchase Details

Closed on
Dec 1, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 None Available
$249,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $330,000
Previous Owner $201,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Rented $2,800 +7.7% --
06/16/2023 06/16/23 Under Contract -- -- --
06/13/2023 06/13/23 For Rent $2,600 0.0% --
06/12/2023 06/12/23 Under Contract -- -- --
06/11/2023 06/11/23 For Rent $2,600 0.0% --
06/11/2023 06/11/23 Off Market $2,600 -- --
06/07/2023 06/07/23 For Rent $2,600 0.0% --
11/02/2021 11/02/21 Sold $460,000 0.0% $681 / Sq Ft View Prior Sale
09/22/2021 09/22/21 Pending -- -- --
09/03/2021 09/03/21 Off Market $460,000 -- --
08/24/2021 08/24/21 For Sale -- -- --
08/11/2021 08/11/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $479,000 -4.2% $710 / Sq Ft
07/09/2021 07/09/21 Price Changed $499,900 -4.8% $741 / Sq Ft
06/01/2021 06/01/21 For Sale $525,000 -- $778 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,143 $471,400 $0 $471,400
2024 $4,745 $451,000 $0 $451,000
2023 $4,604 $445,300 $0 $445,300
2022 $4,957 $486,900 $0 $486,900
2021 $4,859 $476,800 $0 $476,800
2020 $4,572 $453,100 $0 $453,100
2019 $4,414 $410,200 $0 $410,200
2018 $4,512 $398,900 $0 $398,900
2017 $3,922 $336,100 $0 $336,100
2016 $4,161 $332,100 $0 $332,100
2015 $3,754 $297,700 $0 $297,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2023

    Mark Halliday

    Aikenhead Real Estate, Inc.

    (781) 883-7042

    25 Total Sales

    Mark Halliday
    Section Image
  • Britta Reissfelder

    Seller's Agent in 2021

    Britta Reissfelder

    Coldwell Banker Realty - Canton

    (781) 718-2710

    1 in this area

    344 Total Sales

    Britta Reissfelder
    Section Image
  • Nellie Aikenhead

    Buyer's Agent in 2021

    Nellie Aikenhead

    Aikenhead Real Estate, Inc.

    (781) 228-9303

    1 in this area

    86 Total Sales

    Nellie Aikenhead
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73121943

MLS Property Information Network (MLS PIN)

APN: SOME-000072-F000000-000006-000040-5

Massachusetts Middlesex County Somerville 02143 Prospect Hill

40 Highland Ave Unit 5, Somerville, MA

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MLS Property Information Network (MLS PIN) 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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