NOT LISTED FOR SALE

Estimated Value: $838,000 - $961,000

2 Beds
2 Baths
1,283 Sq Ft
1895 Built

Last Sold October 28, 2020

Last sale price $700,000 $546 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,616/month

7 Days on Market

Highlights

  • Wood Flooring
  • Intercom
  • High Speed Internet
  • Somerville High School Rated A-
  • Forced Air Heating and Cooling System
  • 4-minute walk to Edward L. Leathers Community Park

About This Home

As of October 2020

Spacious 2 bedroom / 2 bathroom condo available for sale in The Cumberland! Lots to like here with an open living area that features a bay window, custom crafted built-in entertainment center, and the kitchen with newly re-stained cabinets, granite counters, and stainless steel appliances including a new dishwasher, new range and microwave. Walk down the hall past a full bathroom and the laundry area with a custom barn door to the bedrooms including the over-sized primary with en-suite bathroom and walk-in closet outfitted by California Closets. Great natural light and nice outdoor options with an exclusive use rear porch and a common patio. Central air and a large private storage space in the basement. Across the street from the Somerville Public Library and close to Union Square, Prospect Hill, around a ¼ of a mile to the new Gilman Square T-stop on the Green Line, and less than a block from MBTA buses that run to Davis Square, Lechmere, Sullivan Square, and Assembly.

Last Agent to Sell the Property

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 09/09/2020

Keller Williams Realty Boston Northwest

Co-Listed By

Matthew Slowik

Compass

Last Buyer's Agent

Anne Fantasia

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,091

Year Built

  • Built in 1895

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood Flooring

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:72 B:F L:6 U:42-2

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,091

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 541.70
  • Comp Based On: Net Sale Price
  • Year Built: 1895
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1895

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Cable Available, Intercom, Internet Available - Broadband
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 4
  • Laundry Features: In Unit
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: BB5474
  • Main So: BB5918
  • Estimated Sq Ft: 1283.00

Exterior Features

  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Unit Features: Deck, Patio

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • HOA Fees: 358.13
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds, Management Fee
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: The Cumberland Condominiums

Lot Info

  • Assessments: 633700.00
  • Page: 450
  • Parcel Number: M:72 B:F L:6 U:42-2
  • Zoning: 0000

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 6394.00
  • Assessor Parcel Number: 4630283
  • Tax Year: 2020

Multi Family

  • No Units: 15
  • No Units Owner Occ: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Sep 28, 2020
Sold by
Omahony Mary
Bought by
Velez-Ruiz Gisselle and Cruz-Rodriguez Osvaldo
Seller's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
Buyer's Agent
Anne Fantasia
Gibson Sotheby's International Realty
List Price
$695,000
Sold Price
$700,000
Premium/Discount to List
$5,000
0.72%
Current Estimated Value
$907,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,044
Avg. Annual Appreciation
4.99%
Original Mortgage
$665,000
Outstanding Balance
$597,131
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$287,958

Purchase Details

Listed on
Jan 18, 2017
Closed on
Mar 6, 2017
Sold by
Fassett Jocelyn
Bought by
Omahony Mary
Seller's Agent
Ann Sabbey
RE/MAX Destiny
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$569,000
Sold Price
$610,000
Premium/Discount to List
$41,000
7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$488,000
Interest Rate
3.63%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2006
Sold by
Avenue 40-42 Highland and Kaufman Victor M
Bought by
Fassett Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Velez-Ruiz Gisselle $700,000 None Available
Omahony Mary $610,000 --
Fassett Jocelyn $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez-Ruiz Gisselle $665,000
Previous Owner Omahony Mary $488,000
Previous Owner Fassett Jocelyn $261,600
Previous Owner Fassett Jocelyn $47,400
Previous Owner Fassett Jocelyn $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $700,000 +0.7% $546 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $695,000 +13.9% $542 / Sq Ft
03/06/2017 03/06/17 Sold $610,000 +7.2% $475 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $569,000 -- $443 / 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 $8,091 $741,600 $0 $741,600
2024 $7,467 $709,800 $0 $709,800
2023 $7,247 $700,900 $0 $700,900
2022 $6,929 $680,600 $0 $680,600
2021 $6,794 $666,700 $0 $666,700
2020 $6,394 $633,700 $0 $633,700
2019 $6,182 $574,500 $0 $574,500
2018 $6,390 $565,000 $0 $565,000
2017 $6,093 $522,100 $0 $522,100
2016 $5,887 $469,800 $0 $469,800
2015 $5,382 $426,800 $0 $426,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72723450

MLS Property Information Network (MLS PIN)

APN: SOME-000072-F000000-000006-000042-2