Seller's Agent in 2016
The Petrowsky Jones Group
Compass
(617) 240-0799
8 in this area
269 Total Sales
40 School St Unit 1 Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $818,000 - $873,704
2
Beds
1
Bath
1,071
Sq Ft
1900
Built
About This Home
As of June 2016Just outside flourishing Union Square with its host of independent shops, restaurants, dog park, artisanal donuts! and the farmers' market reflecting its vibrant cultural diversity, this very sunny first-floor one-level condominium is located in a handsome turn-of-the-century six-unit building on a pretty side street with convenient parking. Oversize windows with long views and great privacy. Two generous bedrooms, two sets of bay windows, wood floors, handsome period detail, and a lovely open floor plan distinguish the condominium. Bonus south-facing sun room for home office or exercise area. Exclusive basement storage and plenty of common use basement space as well. Well-managed association. Located just a block from major bus lines that serve the orange, red and green lines. Convenient to a stop on the planned Green Line extension. A very large shared yard with common grill and patio and a bike-friendly condominium association make for a very appealing and desirable new home!
Property Details
Home Type
Condominium
Est. Annual Taxes
$8,304
Year Built
1900
Lot Details
0
Listing Details
- Unit Level: 1
- Property Type: Condominium/Co-Op
- Other Agent: 2.50
- Lead Paint: Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
- Electric: Circuit Breakers
- Flooring: Wood
- Bedroom 2: First Floor
- Bathroom #1: First Floor
- Kitchen: First Floor
- Laundry Room: First Floor
- Living Room: First Floor
- Master Bedroom: First Floor
- Dining Room: First Floor
- No Living Levels: 1
Exterior Features
- Roof: Rubber
- Construction: Frame
- Exterior: Vinyl
- Exterior Unit Features: Patio
Garage/Parking
- Parking Spaces: 0
Utilities
- Heating: Forced Air, Gas, Electric Baseboard
- Heat Zones: 2
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
- Management: Owner Association
- Pets Allowed: Yes
- No Units: 6
- Unit Building: 1
Fee Information
- Fee Interval: Monthly
Lot Info
- Zoning: res
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2016
Closed on
Jun 16, 2016
Sold by
Burns Kathleen
Bought by
Zhao Wei
Seller's Agent
The Petrowsky Jones Group
Compass
Buyer's Agent
Jing Xu
Senne
List Price
$500,000
Sold Price
$560,000
Premium/Discount to List
$60,000
12%
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
$273,233
Avg. Annual Appreciation
4.52%
Original Mortgage
$448,000
Interest Rate
3.61%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhao Wei | $560,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhao Wei | $413,896 | |
| Closed | Zhao Wei | $448,000 | |
| Previous Owner | Burns Kathleen | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2016 06/16/16 | Sold | $560,000 | +12.0% | $523 / Sq Ft |
| 04/13/2016 04/13/16 | Pending | -- | -- | -- |
| 04/05/2016 04/05/16 | For Sale | $500,000 | -- | $467 / 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 | $8,304 | $761,100 | $0 | $761,100 |
| 2024 | $7,797 | $741,200 | $0 | $741,200 |
| 2023 | $7,664 | $741,200 | $0 | $741,200 |
| 2022 | $7,261 | $713,300 | $0 | $713,300 |
| 2021 | $7,120 | $698,700 | $0 | $698,700 |
| 2020 | $6,982 | $692,000 | $0 | $692,000 |
| 2019 | $5,071 | $471,300 | $0 | $471,300 |
| 2018 | $5,947 | $525,800 | $0 | $525,800 |
| 2017 | $5,396 | $462,400 | $0 | $462,400 |
| 2016 | $5,206 | $415,500 | $0 | $415,500 |
| 2015 | $4,741 | $376,000 | $0 | $376,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Jing Xu
Senne
(617) 876-2506
5 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71983184
APN: SOME-000052-C000000-000020-000001
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.
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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