NOT LISTED FOR SALE

Estimated Value: $1,567,000 - $1,858,424

5 Beds
2 Baths
3,026 Sq Ft
$565/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $1,300,000 $430 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,355/month

7 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Storage Shed
  • Somerville High School Rated A-
  • Porch
  • 4-minute walk to Nathan Tufts Park

About This Home

As of September 2018

Located just ½ mile from the heart of Davis Square and the Red Line T, this large Philly-style multi-family is perfect for an owner-occupant looking for monthly income or an investor seeking a cash cow rental property. First floor unit is a classic 5 room apartment with 2 bedrooms, 1 bath, an eat-in kitchen, in-unit laundry, and open living/dining rooms. The second unit spans 2 floors and features 3 bedrooms and 1 full bath. Significant opportunity exists here to expand this unit with a large foyer and front porch for added space. SYSTEMS & ROOF ALL UPDATED! Original details throughout the home give this property its unique character including high ceilings, original mouldings & built-ins, pocket doors, and hardwood floors. Maintenance free vinyl siding, fenced in yard, and storage shed. 6 parking spots in driveway - a rarity in Somerville! Showings during scheduled Open Houses ONLY: Fri 8/17 5p-7p, Sat 8/18 12-2pm, Sun 8/19 12-2pm. Offers to be submitted by 10am Tues 8/21.

Last Agent to Sell the Property

Jennifer Keenan

Keller Williams Realty Boston Northwest Listed on: 08/15/2018

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Jennifer Keenan

Keller Williams Realty Boston Northwest Listed on: 08/15/2018

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Year Round Access
  • Fenced Yard

Outdoor Features

  • Storage Shed
  • Rain Gutters
  • Porch

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:20 B:C L:14

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 461.00
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: BB5474
  • Main So: BB5474
  • Estimated Sq Ft: 3026.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Gutters, Storage Shed, Fenced Yard
  • Foundation: Irregular

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 920500.00
  • Acre: 0.11
  • Lot Size: 4892.00
  • Page: 230
  • Parcel Number: M:20 B:C L:14
  • Zoning: RA
  • Lot Description: Level

Green Features

  • Energy Features: Storm Windows, Storm Doors

Multi Family

  • Heat Units: 2
  • Total Levels: 4
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 10411.00
  • Assessor Parcel Number: 749866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Sep 27, 2018
Sold by
Russell Ft
Bought by
Kui-Shen Yuan
Seller's Agent
Jennifer Keenan
Keller Williams Realty Boston Northwest
Buyer's Agent
Jennifer Keenan
Keller Williams Realty Boston Northwest
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Current Estimated Value
$1,709,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,606
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,040,000
Outstanding Balance
$886,549
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$823,057
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
Kui-Shen Yuan $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kui-Shen Yuan $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $1,300,000 -6.8% $430 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $1,395,000 -- $461 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $15,387 $1,410,400 $765,100 $645,300
2024 $14,715 $1,398,800 $765,100 $633,700
2023 $12,010 $1,161,500 $765,100 $396,400
2022 $12,369 $1,215,000 $728,700 $486,300
2021 $13,539 $1,328,700 $723,300 $605,400
2020 $13,050 $1,293,400 $723,800 $569,600
2019 $11,213 $1,042,100 $658,900 $383,200
2018 $10,411 $920,500 $599,100 $321,400
2017 $10,198 $873,900 $565,100 $308,800
2016 $9,847 $785,900 $504,700 $281,200
2015 $9,392 $744,800 $466,100 $278,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72379208

MLS Property Information Network (MLS PIN)

APN: SOME-000020-C000000-000014