A
Seller's Agent in 2020
Allie Sacharuk
Coldwell Banker Realty - Cambridge
400 Washington St Unit 201 Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $930,000 - $987,000
2
Beds
1
Bath
1,159
Sq Ft
$589/mo
HOA Fee
Highlights
- Custom Closet System
- Landscaped Professionally
- Wood Flooring
- Somerville High School Rated A-
- Property is near public transit
- 3-minute walk to Perry Park
About This Home
As of December 2020Contemporary loft a 1/2 mile from Harvard Yard. This striking corner unit has south and west-facing exposures. Sunny and serene, a secret hideaway in the middle of the city. Highly coveted floor plan tucked away from the street. Form follows function at 400W. This home is like a well-built machine that helps residents to stay organized and keep chaos at bay. This is a cocoon of calm - a place reserved for mindful minimalism and personal productivity. Kitchen w butterfly green granite and solid cherry cabinetry. Living room (21 ft) has a gas fireplace and a wall of floor-to-ceiling windows framing a grove of mature birch trees. Primary bedroom has massive windows and is spacious enough for a king-sized bed and sitting area. Queen-sized second bedroom with study nook and 6 x 7 ft walk-in closet. Circuitous layout is well-suited for large scale art. Central AC. Parking. Modern, professionally-managed, elevator bldg. Walk score 94, Well-managed HOA, high owner-occupancy rate.
Last Agent to Sell the Property
Allie Sacharuk
Coldwell Banker Realty - Cambridge License #449586180 Listed on: 10/08/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,555
Year Built
- Built in 2000
Lot Details
- Two or More Common Walls
- Landscaped Professionally
- Garden
HOA Fees
- $589 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Frame Construction
- Rubber Roof
- Stone
Interior Spaces
- 1,159 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Light Fixtures
- 1 Fireplace
- French Doors
- Entryway
- Intercom
Kitchen
- Breakfast Bar
- Stove
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Stone
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Balcony
Location
- Property is near public transit
- Property is near schools
Utilities
- Central Air
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Legal Lot and Block 28 / A
- Assessor Parcel Number 4659270
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 15 Units
- Mid-Rise Condominium
- Ivy Place Community
Amenities
- Community Garden
- Common Area
- Shops
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2020
Closed on
Dec 15, 2020
Sold by
Khan Sulmaan W and Keim Anna B
Bought by
Gaye Korbet Ret
Seller's Agent
Allie Sacharuk
Coldwell Banker Realty - Cambridge
Buyer's Agent
Currier, Lane & Young
Compass
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%
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
$124,997
Avg. Annual Appreciation
2.85%
Original Mortgage
$250,000
Outstanding Balance
$221,547
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$743,450
Purchase Details
Listed on
May 7, 2014
Closed on
Jun 20, 2014
Sold by
Pecora Joseph A and Lewis Malik K
Bought by
Khan Sulmaan W and Keim Anna B
Seller's Agent
Karen Morgan
Coldwell Banker Realty - Cambridge
Buyer's Agent
Allie Sacharuk
Coldwell Banker Realty - Cambridge
List Price
$489,000
Sold Price
$561,000
Premium/Discount to List
$72,000
14.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$261,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 29, 2005
Sold by
396 Washington Street
Bought by
Pecora Joseph A and Lewis Malik K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Gaye Korbet Ret | $840,000 | None Available | |
| Khan Sulmaan W | $561,000 | -- | |
| Pecora Joseph A | $407,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gaye Korbet Ret | $250,000 | |
| Previous Owner | Khan Sulmaan W | $261,000 | |
| Previous Owner | Pecora Joseph A | $325,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/17/2020 12/17/20 | Sold | $840,000 | -1.1% | $725 / Sq Ft | |
| 10/08/2020 10/08/20 | For Sale | $849,000 | +51.3% | $733 / Sq Ft | |
| 06/20/2014 06/20/14 | Sold | $561,000 | +14.7% | $484 / Sq Ft | View Prior Sale |
| 05/14/2014 05/14/14 | Pending | -- | -- | -- | |
| 05/07/2014 05/07/14 | For Sale | $489,000 | -- | $422 / 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 | $9,390 | $860,700 | $0 | $860,700 |
| 2024 | $9,055 | $860,700 | $0 | $860,700 |
| 2023 | $8,858 | $856,700 | $0 | $856,700 |
| 2022 | $8,327 | $818,000 | $0 | $818,000 |
| 2021 | $7,702 | $755,800 | $0 | $755,800 |
| 2020 | $7,555 | $748,800 | $0 | $748,800 |
| 2019 | $7,227 | $671,700 | $0 | $671,700 |
| 2018 | $6,770 | $598,600 | $0 | $598,600 |
| 2017 | $6,937 | $594,400 | $0 | $594,400 |
| 2016 | $6,399 | $510,700 | $0 | $510,700 |
| 2015 | $5,647 | $447,800 | $0 | $447,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Currier, Lane & Young
Buyer's Agent in 2020
Currier, Lane & Young
Compass
(617) 871-9190
16 in this area
511 Total Sales
-
Karen Morgan
Seller's Agent in 2014
Karen Morgan
Coldwell Banker Realty - Cambridge
(617) 543-6456
2 in this area
126 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72739495
APN: SOME-000066-A000000-000028-000201
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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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