NOT LISTED FOR SALE

Estimated Value: $1,030,000 - $1,143,000

2 Beds
2 Baths
1,863 Sq Ft
1920 Built

Last Sold February 28, 2017

Last sale price $782,000 $420 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,635/month

8 Days on Market

About This Home

As of February 2017

A rare opportunity to own one of Somerville's most unique and expansive loft spaces. Wood ceilings soar over 20' tall with oversized windows letting natural light flood in. The open floor plan and spacious private roof deck make this unit ideal for hosting the largest of gatherings. Offered for the first time since original development in 2001, this is the largest of the Lofts at Cobble Hill. Original Developer and owner paid attention to detail with unique elements and floor plan that must be seen in person, as well as quality finishes with a mix of concrete and hardwood floors, multiple skylights, pocket and barn doors, mechanical blinds, wall mounted gas fireplace, terrific storage throughout and walk up private roof deck. Located an equally short walk to Orange Line at Sullivan Sq as it is to Union Square and Green Line expansion; nearby Charlestown, I93 and Assembly Row- this location cannot be beat. Open Houses Sat & Sun 11:30-1:30PM, OFFERS presented Tuesday Jan 17 at 2PM

Last Agent to Sell the Property

Alex Genovese

Flow Realty, Inc. Listed on: 01/11/2017

Last Buyer's Agent

Paula Murray

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,011

Year Built

1920

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Vent Hood
  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station
  • Flooring: Concrete, Wood Laminate
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor
  • Oth1 Room Name: Loft
  • Oth1 Level: Second Floor
  • Oth2 Room Name: Mud Room
  • Oth2 Level: First Floor
  • Oth3 Dimen: 24X14
  • Oth3 Dscrp: Deck - Exterior
  • No Living Levels: 3

Exterior Features

  • Roof: Rubber
  • Construction: Stone/Concrete
  • Exterior: Stone, Stucco
  • Exterior Unit Features: Deck, Deck - Roof, Deck - Roof + Access Rights, Storage Shed, City View(s)

Garage/Parking

  • Parking: Off-Street, Assigned, Guest, Exclusive Parking
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: The Lofts at Cobble Hill
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Association Security: Intercom
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 9
  • Unit Building: B4

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: RES
  • Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Mar 1, 2017
Sold by
Lander Walter and Moy Vincent
Bought by
Gramolini Matthew C
Seller's Agent
Alex Genovese
Flow Realty, Inc.
Buyer's Agent
Paula Murray
Compass
List Price
$749,000
Sold Price
$782,000
Premium/Discount to List
$33,000
4.41%
Current Estimated Value
$1,094,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,127
Avg. Annual Appreciation
3.33%
Original Mortgage
$586,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2002
Sold by
42 Myrtle St Rt and Simpson Matthew
Bought by
Moy Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%
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
Gramolini Matthew C $782,000 --
Moy Vincent $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gramolini Matthew C $586,500
Previous Owner Moy Vincent $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $782,000 +4.4% $420 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $749,000 -- $402 / 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 $10,011 $917,600 $0 $917,600
2024 $9,269 $881,100 $0 $881,100
2023 $9,007 $871,100 $0 $871,100
2022 $8,699 $854,500 $0 $854,500
2021 $8,707 $854,500 $0 $854,500
2020 $8,538 $846,200 $0 $846,200
2019 $8,177 $759,900 $0 $759,900
2018 $8,132 $719,000 $0 $719,000
2017 $8,255 $707,400 $0 $707,400
2016 $7,621 $608,200 $0 $608,200
2015 $7,188 $570,000 $0 $570,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72107818

MLS Property Information Network (MLS PIN)

APN: SOME-000104-D000000-000036-B000004