NOT LISTED FOR SALE

40 Porter St Unit 2 Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,187,000 - $1,304,459

4 Beds
2 Baths
1,658 Sq Ft
$130/mo HOA Fee

Last Sold June 15, 2018

Last sale price $975,000 $588 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,775/month

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 4-minute walk to Morse-Kelley Playground
  • Somerville High School Rated A-

About This Home

As of June 2018

Close to Porter Square, the T, & Commuter Rail, with the size and amenities of a single-family house! Renovated and sunny 2nd & 3rd floor 4 bedroom, 2 bath duplex in handsome two-unit building. Separate entrance. Open plan with good-height ceilings. Hardwood floors. Large windows offer long views and a delightful sense of space. Gorgeous chef's kitchen. Stainless-steel appliances. Master suite with luxurious spa bath, built-ins, skylights, two closets. Space for home office. Two private decks and two-car off-street parking spaces! Central AC. Newer systems. Laundry in unit. Large lot provides opportunities for gardening, entertaining, play areas. Close to many independent shops and restaurants. Stay active and visit the local skating rink, parks and the public pool. Bike path through Davis to points west is nearby. Lots of private basement storage space. 100% owner occupied association has done an excellent job maintaining the building. Rare and beautiful offering. Offers due Mon 3pm.

Last Agent to Sell the Property

The Petrowsky Jones Group

Compass Listed on: 04/17/2018

Compass

Co-Listed By

Christian Jones

Compass

Last Buyer's Agent

Chris Young

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,809

Year Built

  • Built in 1900

Lot Details

  • Year Round Access

HOA Fees

  • $130 per month

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,809

Year Built

Built in 1900

Lot Details

0

HOA Fees

$130 per month

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: 541.62
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Hardwood
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Bathroom - Full
  • Bedroom 2: On Level: First Floor
  • Bedroom 3: On Level: First Floor
  • Bedroom 4: On Level: First Floor
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • Bathroom 2: On Level: Second Floor, Bathroom - Full
  • No Rooms: 7
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN2383
  • Main So: K95001
  • Estimated Sq Ft: 1658.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

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, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: T-Station
  • HOA Fees: 130.00
  • Association Fee Includes: Master Insurance, Exterior Maintenance
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 776800.00
  • Page: 547
  • Zoning: RB

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5903.06
  • Assessor Parcel Number: 4743865

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 15, 2018
Sold by
Dempster Sara E and Martinez Eloy E
Bought by
Vaikuntanathan Vinod and Reddy Sravana
Seller's Agent
The Petrowsky Jones Group
Compass
Buyer's Agent
Chris Young
Compass
List Price
$898,000
Sold Price
$975,000
Premium/Discount to List
$77,000
8.57%
Current Estimated Value
$1,256,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,365
Avg. Annual Appreciation
3.76%
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2014
Sold by
Buchan Hugh S and Buchan Elizabeth L
Bought by
Dempster Sara E and Martinez Eloy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,800
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2009
Sold by
40-40A Porter Street R
Bought by
Buchan Hugh S and Buchan Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Vaikuntanathan Vinod $975,000 --
Dempster Sara E $811,000 --
Buchan Hugh S $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaikuntanathan Vinod $350,000
Previous Owner Dempster Sara E $648,800
Previous Owner Buchan Hugh S $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $975,000 +8.6% $588 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $898,000 -- $542 / 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 $11,809 $1,082,400 $0 $1,082,400
2024 $11,029 $1,048,400 $0 $1,048,400
2023 $10,742 $1,038,900 $0 $1,038,900
2022 $9,941 $976,500 $0 $976,500
2021 $9,546 $936,800 $0 $936,800
2020 $9,280 $919,700 $0 $919,700
2019 $9,081 $844,000 $0 $844,000
2018 $8,786 $776,800 $0 $776,800
2017 $8,865 $759,600 $0 $759,600
2016 $9,033 $720,900 $0 $720,900
2015 $6,610 $524,200 $0 $524,200
Source: Public Records

Agents Affiliated with this Home

  • Christian Jones

    Seller Co-Listing Agent in 2018

    Christian Jones

    Compass

    (617) 240-0799

    15 Total Sales

    Christian Jones
    Section Image

  • C

    Buyer's Agent in 2018

    Chris Young

    Compass

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72310338

MLS Property Information Network (MLS PIN)

APN: SOME-000036-C000000-000007-000002

Massachusetts Middlesex County Somerville 02143 Spring Hill

40 Porter St Unit 2, Somerville, MA

This home is located at 40 Porter St Unit 2, Somerville, MA 02143 since 17 April 2018 and is currently estimated at $1,256,365, approximately $757 per square foot. This property was built in 1900. 40 Porter St Unit 2 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and Wild Rose Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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