T
Seller's Agent in 2023
Terry Slater
Slater Realty
1 in this area
2 Total Sales
40 Temple St Somerville, MA 02145
Ten Hills NeighborhoodEstimated Value: $1,148,000 - $1,418,000
9
Beds
3
Baths
3,354
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Scenic Views
- Property is near public transit and schools
- Shops
- Somerville High School Rated A-
- Park
- 5-minute walk to Marshall Street Playground
About This Home
As of May 2023Contractors & Investors. Multi-family in highly sought after Somerville neighborhood. Property offers many updated finishes on 2nd & 3rd floor including high end bathrooms, kitchens and appliances along with views of Boston skyline. 1st floor needs work. Property has excellent potential for high end rents or condo conversion. Condo docs partially completed shall transfer in "as is" form. Ideal for commuters: close to green line; minutes from Boston & Encore Casino. Property will be highly profitable to the right investor who's willing to take a little time completing the finishing touches. Don't miss out - this is a hot investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,612
Year Built
- Built in 1900
Lot Details
- 2,870
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,354 Sq Ft Home
- Scenic Vista Views
- Unfinished Basement
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Schools
- Somerville High School
Additional Features
- 2,870 Sq Ft Lot
- Property is near public transit and schools
- 3 Heating Zones
Listing and Financial Details
- Assessor Parcel Number M:58 B:B L:26,756116
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 27, 2012
Sold by
Laverty Mark
Bought by
Laverty Mark and Laverty Alexandra D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$244,093
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,008,095
Purchase Details
Closed on
Apr 30, 2008
Sold by
Deirmenjian Re Llc
Bought by
Laverty Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 4, 2002
Sold by
Fernandez Arnulfoe and Urrego Nancy
Bought by
Deirmenjian Avik and Deirmenjian Anahid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 28, 1994
Sold by
Fnma
Bought by
Fernandez Arnulfo and Urrego Nancy
Purchase Details
Closed on
Oct 14, 1993
Sold by
Horacius Line and Federal National Mortgage Association
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Dec 28, 1989
Sold by
Pacchielat Melania
Bought by
Horacius Line
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 |
|---|---|---|---|
| Laverty Mark | -- | -- | |
| Laverty Mark | $485,000 | -- | |
| Deirmenjian Avik | $500,000 | -- | |
| Fernandez Arnulfo | $120,000 | -- | |
| Federal National Mortgage Association | $139,500 | -- | |
| Horacius Line | $232,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Laverty Mark | $355,000 | |
| Previous Owner | Laverty Mark | $360,000 | |
| Previous Owner | Deirmenjian Avik | $400,000 | |
| Previous Owner | Horacius Line | $112,300 | |
| Previous Owner | Horacius Line | $59,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/25/2023 05/25/23 | Sold | $1,100,000 | -12.7% | $328 / Sq Ft |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- |
| 04/01/2023 04/01/23 | For Sale | $1,260,000 | -- | $376 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $12,169 | $1,115,400 | $286,000 | $829,400 |
| 2024 | $11,916 | $1,132,700 | $286,000 | $846,700 |
| 2023 | $11,612 | $1,123,000 | $286,000 | $837,000 |
| 2022 | $10,600 | $1,041,300 | $272,400 | $768,900 |
| 2021 | $10,080 | $989,200 | $247,500 | $741,700 |
| 2020 | $9,884 | $979,600 | $237,900 | $741,700 |
| 2019 | $9,157 | $851,000 | $200,200 | $650,800 |
| 2018 | $7,103 | $628,000 | $182,000 | $446,000 |
| 2017 | $6,945 | $595,100 | $171,700 | $423,400 |
| 2016 | $6,344 | $506,300 | $139,400 | $366,900 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Slater
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73094123
APN: SOME-000058-B000000-000026
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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