NOT LISTED FOR SALE
3 Beds
2 Baths
2,000 Sq Ft
7,405 Sq Ft Lot

Last Sold June 03, 2016

Last sale price $1,200,000 $600 Per Sq Ft

6 Days on Market

About This Home

As of June 2016

Rare investment opportunity in hot East Somerville! Huge warehouse space and 2-family home situated on two adjoining lots on highly trafficked section of McGrath Highway. Unbelievable space; you can't tell from driving by. Potential for development or as rentals. Garages previously leased for $7,000/month, currently vacant. Apartments currently rented below market for $1250 and $1500/month. Seller says bring an offer! Group showing Sunday, 2/21/16 from 12-2pm. Please drop in and see the potential! FIRST OPEN HOUSE SUNDAY 2/21 12-2PM!

Last Agent to Sell the Property

Chelsea Gelinas

Keller Williams Realty Boston Northwest Listed on: 02/17/2016

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Manish Kumar

Maven Realty

Property Details

Home Type

Multi-Family

Year Built

1982

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1982

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Total Levels: 2

Exterior Features

  • Foundation: Brick

Garage/Parking

  • Garage Spaces: 20
  • Parking: Off-Street, On Street Permit
  • Parking Spaces: 20

Utilities

  • Heat Zones: 1
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RB

Multi Family

  • Heat Units: 1
  • Total Bedrooms: 3
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 7
  • Total Rent_1: 2750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Lacourt Holdings Llc
Bought by
Lacourt Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,027,500
Outstanding Balance
$3,006,880
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2016
Closed on
Jun 3, 2016
Sold by
Cournoyer Henry G
Bought by
Lacourt Holdings Llc
Seller's Agent
Chelsea Gelinas
Keller Williams Realty Boston Northwest
Buyer's Agent
Manish Kumar
Maven Realty
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2003
Sold by
Amaral Maria
Bought by
Amaral Antonio and Amaral Helia
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
Lacourt Enterprises Llc -- None Available
Lacourt Enterprises Llc -- None Available
Lacourt Holdings Llc $1,200,000 --
Lacourt Holdings Llc $1,200,000 --
Amaral Antonio -- --
Amaral Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacourt Enterprises Llc $3,027,500
Closed Lacourt Enterprises Llc $3,027,500
Previous Owner Lacourt Holdings Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2021 11/21/21 For Rent $4,500 0.0% --
06/03/2016 06/03/16 Sold $1,200,000 0.0% $600 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $1,200,000 -- $600 / 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 -- $1,198,700 $283,100 $915,600
2024 -- $1,178,400 $283,100 $895,300
2023 $0 $1,097,000 $283,100 $813,900
2022 $0 $1,035,900 $283,100 $752,800
2021 $0 $1,015,600 $283,100 $732,500
2020 $0 $988,400 $283,100 $705,300
2019 $0 $740,400 $269,600 $470,800
2018 $0 $512,400 $254,300 $258,100
2017 -- $486,500 $254,300 $232,200
2016 -- $410,500 $203,800 $206,700
2015 -- $384,200 $182,800 $201,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71959934

MLS Property Information Network (MLS PIN)

APN: SOME-000078-D000000-000008