NOT LISTED FOR SALE

400 Washington St Unit PH4 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $786,000 - $895,000

1 Bed
1 Bath
1,094 Sq Ft
$580/mo HOA Fee

Last Sold September 01, 2023

Last sale price $710,000 $649 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,812/month

141 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • 1 Fireplace
  • Somerville High School Rated A-
  • Wood Flooring
  • 3-minute walk to Perry Park

About This Home

As of September 2023

Rare penthouse corner unit 4 blocks to Union Square and 3 blocks to Harvard University. Chef's kitchen with dishwasher, gas stove, gorgeous cabinetry, fridge and granite countertops. Open concept living/dining room space with fireplace. Small private balcony off dining room. Central AC. Laundry in-unit. Deeded parking space. A+ location - walkable to Union, Harvard, and Inman Squares. Short distance to Whole Foods and Market Basket and multiple restaurants/shops a few minutes away. Professionally managed building.

Last Agent to Sell the Property

Sage Jankowitz

Cambridge Sage Inc. Listed on: 02/14/2023

Last Buyer's Agent

Andrew Liang

S&W Consulting Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,028

Year Built

  • Built in 2001

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Rubber Roof

Interior Spaces

  • 1,094 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

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
  • Natural Gas Connected

Additional Features

  • Level Entry For Accessibility
  • Patio

Listing and Financial Details

  • Assessor Parcel Number M:66 B:A L:28 U:PH4,4580700

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 15 Units
  • Low-Rise Condominium

Amenities

  • Shops
  • Elevator

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,028

Year Built

Built in 2001

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 2001
  • Entry Level: 4
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Laundry Features: In Unit, Washer Hookup
  • Basement: N
  • Accessibility Features: Accessible Entrance
  • Living Area: 1094
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: BB9927
  • MAIN SO: AN4817
  • Insulation: Full

Exterior Features

  • Exterior Features: Patio
  • Common Walls: No One Above, End Unit, Corner
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Deeded, Paved, Exclusive Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s)
  • Association Fee: 580
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, T-Station, University
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:66 B:A L:28 U:PH4,4580700
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8028

Multi Family

  • Number Of Units Total: 15
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Aug 16, 2023
Sold by
Lee Steven R
Bought by
Cao Wei
Seller's Agent
Sage Jankowitz
Cambridge Sage Inc.
Buyer's Agent
Andrew Liang
S&W Consulting Group LLC
List Price
$819,000
Sold Price
$710,000
Premium/Discount to List
-$109,000
-13.31%
Views
186
Current Estimated Value
$837,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,436
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Aug 19, 2005
Sold by
396 Washington St Llc
Bought by
Lee Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cao Wei $710,000 None Available
Lee Steven R $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Steven R $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $710,000 -5.2% $649 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
05/27/2023 05/27/23 Price Changed $749,000 -2.6% $685 / Sq Ft
03/23/2023 03/23/23 Price Changed $769,000 -2.5% $703 / Sq Ft
03/07/2023 03/07/23 Price Changed $789,000 -3.7% $721 / Sq Ft
02/14/2023 02/14/23 For Sale $819,000 -- $749 / 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 $10,081 $924,000 $0 $924,000
2024 $9,225 $876,900 $0 $876,900
2023 $8,538 $825,700 $0 $825,700
2022 $8,028 $788,600 $0 $788,600
2021 $8,225 $807,200 $0 $807,200
2020 $8,069 $799,700 $0 $799,700
2019 $7,718 $717,300 $0 $717,300
2018 $7,219 $638,300 $0 $638,300
2017 $7,384 $632,700 $0 $632,700
2016 $6,843 $546,100 $0 $546,100
2015 $5,990 $475,000 $0 $475,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73079074

MLS Property Information Network (MLS PIN)

APN: SOME-000066-A000000-000028-PH000004