NOT LISTED FOR SALE

Estimated Value: $1,089,000 - $1,317,000

6 Beds
2.5 Baths
2,806 Sq Ft
$426/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $1,000,000 $356 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,519/month

6 Days on Market

Highlights

  • Medical Services
  • Deck
  • Jogging Path
  • Somerville High School Rated A-
  • Property is near public transit
  • 2-minute walk to Hoyt-Sullivan Playground

About This Home

As of July 2023

Whether you're looking for an investment opportunity or seeking a property for owner occupancy, this amazing 2-family home in vibrant Winter Hill area of Somerville is a must-see. With two separate units, each with its own entrances and separate utilities, this versatile property offers flexible investment and rental strategies. Located right on the new green line extension, adjacent to the new bike path and walking distance to Magoun and Gilman Square. Beautiful hardwood floors are throughout both units. A fenced-in yard and patio area is available for outdoor grilling. Each unit has its own private deck. Unit 1: 990 sq ft, 2 beds, 1 full ba - Philly style apartment with 1 bed on 2nd level. Unit 2: 1,816 sq ft, occupies the 2nd and 3rd fl, 4 beds, 1 1/2 ba. The expansive floor plan provides endless possibilities. Centrally located to all amenities, transportation, schools, shopping, and fabulous dining options that fulfills the desire of any city dweller..

Last Listed By

Andrea Spector

Coldwell Banker Realty - Cambridge Listed on: 05/31/2023

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,254

Year Built

  • Built in 1900

Lot Details

  • 2,337 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation

Interior Spaces

  • 2,806 Sq Ft Home
  • Property has 2 Levels
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor
  • Block Basement Construction

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,200
  • Rent includes unit 1(water hot water), unit 2(water)
  • Assessor Parcel Number M:50 B:I L:7

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,254

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Philadelphia,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Ceiling Fans,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Walk-Out Access, Bulkhead, Dirt Floor, Concrete
  • Living Area: 2806
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 320.74
  • PRICE PER Sq Ft: 356.38
  • MAIN SO: G95022

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood, Patio
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air)
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Public School, T-Station
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:50 B:I L:7
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2337
  • Lot Size Units: Acres
  • PAGE: 520
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10254
  • Tax Book Number: 35316

Multi Family

  • Gross Income: 34800
  • Net Operating Income: 34800
  • Number Of Units Total: 2
  • Total Actual Rent: 5200
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sampou Cole A $1,005,000
Closed Sampou Cole A $981,887
Closed Nash Amanda L $396,000
Closed Nash Amanda L $280,000
Closed Nash Amanda L $270,000
Closed Nash Amanda L $223,500
Closed Emerton Jacqueline A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $1,000,000 +11.1% $356 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $900,000 -- $321 / 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 $10,629 $974,200 $408,400 $565,800
2024 $10,882 $1,034,400 $408,400 $626,000
2023 $10,254 $991,700 $408,400 $583,300
2022 $9,666 $949,500 $389,000 $560,500
2021 $9,168 $899,700 $370,500 $529,200
2020 $8,618 $854,100 $356,200 $497,900
2019 $7,925 $736,500 $309,700 $426,800
2018 $7,045 $622,900 $281,600 $341,300
2017 $6,927 $593,600 $265,600 $328,000
2016 $6,785 $541,500 $242,900 $298,600
2015 $6,779 $537,600 $241,600 $296,000
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73118231

MLS Property Information Network (MLS PIN)

APN: SOME-000050-I000000-000007