NOT LISTED FOR SALE

408 Palmer St Somerset, MA 02726

Somerset Historic Village Neighborhood

Estimated Value: $479,000 - $657,000

4 Beds
2 Baths
1,507 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $320,000 $212 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,283/month

275 Days on Market

About This Home

As of June 2017

Beautifully renovated home. House can also be used as a Single Family with 4 Bedrooms and 2 Baths.

Last Agent to Sell the Property

Manny Lindo

Highland Real Estate Group Listed on: 08/30/2016

Last Buyer's Agent

Herby Bernard

Group41 Realty LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,363

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Corner, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Basement: Partial, Bulkhead, Concrete Floor, Unfinished Basement
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: FR0062
  • Main So: AC1711
  • Estimated Sq Ft: 1507.00

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0D5 L:0003
  • Zoning: res
  • Acre: 0.48
  • Lot Size: 20909.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 9
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2016
Closed on
Jun 30, 2017
Sold by
Kasa Real Llc
Bought by
Bernard Viala
Seller's Agent
Manny Lindo
Highland Real Estate Group
Buyer's Agent
Herby Bernard
Group41 Realty LLC
List Price
$309,900
Sold Price
$320,000
Premium/Discount to List
$10,100
3.26%
Current Estimated Value
$534,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,987
Avg. Annual Appreciation
6.42%
Original Mortgage
$314,204
Outstanding Balance
$258,202
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$276,785

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 30, 2016
Sold by
Santos Fabio
Bought by
Kasa Real Llc
Seller's Agent
Matthew Escaler
Vylla Home
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$210,000
Sold Price
$167,475
Premium/Discount to List
-$42,525
-20.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.17%
Original Mortgage
$199,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2003
Sold by
Miranda Bernard W and Miranda Arthur
Bought by
Leary Patrick and Rose Norman

Purchase Details

Closed on
Jun 17, 2002
Sold by
Feno Delia A and Feno Odelia
Bought by
Miranda Bros Re and Miranda Bernard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bernard Viala $320,000 --
Bernard Viala $320,000 --
Kasa Real Llc -- --
Kasa Real Llc -- --
Santos Fabio $167,475 --
Santos Fabio $167,475 --
Leary Patrick $234,000 --
Miranda Bros Re $259,900 --
Miranda Bros Re $259,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Viala $314,204
Closed Bernard Viala $314,204
Previous Owner Santos Fabio $199,000
Previous Owner Miranda Bros Re $208,000
Previous Owner Miranda Bros Re $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $320,000 0.0% $212 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
05/17/2017 05/17/17 Price Changed $320,000 0.0% $212 / Sq Ft
05/08/2017 05/08/17 Price Changed $319,900 -1.6% $212 / Sq Ft
05/03/2017 05/03/17 Price Changed $325,000 -1.5% $216 / Sq Ft
03/23/2017 03/23/17 Price Changed $329,900 +0.3% $219 / Sq Ft
03/17/2017 03/17/17 Price Changed $328,900 0.0% $218 / Sq Ft
03/04/2017 03/04/17 Price Changed $329,000 -0.3% $218 / Sq Ft
02/11/2017 02/11/17 Price Changed $329,900 +0.3% $219 / Sq Ft
02/03/2017 02/03/17 Price Changed $329,000 -0.3% $218 / Sq Ft
01/28/2017 01/28/17 Price Changed $329,900 +0.3% $219 / Sq Ft
01/21/2017 01/21/17 Price Changed $329,000 -0.3% $218 / Sq Ft
01/04/2017 01/04/17 Price Changed $329,900 +97.0% $219 / Sq Ft
08/31/2016 08/31/16 Sold $167,475 -46.0% $111 / Sq Ft
08/30/2016 08/30/16 For Sale $309,900 +47.6% $206 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $210,000 -- $139 / 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 $5,363 $403,200 $189,600 $213,600
2024 $4,900 $383,100 $189,600 $193,500
2023 $4,465 $352,100 $164,900 $187,200
2022 $4,313 $321,200 $143,500 $177,700
2021 $4,313 $293,800 $130,500 $163,300
2020 $4,173 $274,200 $130,500 $143,700
2019 $5,057 $277,100 $130,500 $146,600
2018 $6,227 $257,200 $130,500 $126,700
2017 $4,213 $242,100 $124,400 $117,700
2016 $4,239 $242,100 $124,400 $117,700
2015 $4,105 $236,600 $118,800 $117,800
2014 $5,530 $229,000 $115,400 $113,600
Source: Public Records

Agents Affiliated with this Home

  • Manny Lindo

    Seller's Agent in 2017

    Manny Lindo

    Highland Real Estate Group

    (508) 207-3777

    1 in this area

    96 Total Sales

    Manny Lindo
    Section Image

  • H

    Buyer's Agent in 2017

    Herby Bernard

    Group41 Realty LLC

    2 Total Sales

    Herby Bernard
    Section Image
  • Matthew Escaler

    Seller's Agent in 2016

    Matthew Escaler

    Vylla Home

    (401) 316-9763

    19 Total Sales

    Matthew Escaler
    Section Image

  • N

    Buyer's Agent in 2016

    Non-Mls Member

    Non-Mls Member

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72059661

MLS Property Information Network (MLS PIN)

APN: SOME-000005D-000000-000003

Massachusetts Bristol County Somerset 02726 Somerset Historic Village

408 Palmer St, Somerset, MA

This home is located at 408 Palmer St, Somerset, MA 02726 since 30 August 2016 and is currently estimated at $534,987, approximately $355 per square foot. This property was built in 1890. 408 Palmer St is a home located in Bristol County with nearby schools including North Elementary School, Somerset Middle School, and SCEC Life Academy.

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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