NOT LISTED FOR SALE

465 Somerville Ave Unit 1B Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $992,000 - $1,238,605

3 Beds
3 Baths
2,093 Sq Ft
2002 Built

Last Sold October 22, 2021

Last sale price $943,000 $451 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,873/month

Highlights

  • 9,999 Sq Ft lot
  • Property is near public transit
  • Jogging Path
  • Somerville High School Rated A-
  • 1 Fireplace
  • 3-minute walk to Quincy Street Open Space

About This Home

As of June 2024

Large 3-bed/3-bath 1st and lower level condo for rent in A+ location in Somerville. Short 11-minute walk to Union Square, green line, grocery stores, shops, restaurants and cafes. Open concept living/dining room area with hardwood floors throughout and fireplace. Modern kitchen with gas stove, microwave, dishwasher and fridge. Three large bedrooms can comfortably fit a queen bed plus desk. Washer/dryer in-unit. Central AC and central heat. One (1) off-street parking spot INCLUDED in rent. No pets please. Available 9/1. First, security and brokers.

Last Agent to Rent the Property

Sage Jankowitz

Cambridge Sage Inc. Listed on: 06/12/2024

Last Renter's Agent

Richard Brandi

Century 21 North East

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,680

Year Built

  • 2002

Parking

  • 1 Car Parking Space

Interior Spaces

  • 2,093 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $4,850
  • Property Available on 9/1/24
  • Rent includes water, sewer, trash collection, snow removal, gardener, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 4507256

Community Details

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • Property has a Home Owners Association
  • Shops

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,680

Year Built

2002

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4850

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 1
  • CoOp Comp: 50-50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Master Bathroom Features: No
  • Laundry Features: In Unit
  • Living Area: 2093
  • Spa YN: No
  • MAIN LO: BB9927
  • LIST PRICE PER Sq Ft: 2.32
  • PRICE PER Sq Ft: 2.32
  • MAIN SO: AN1776

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 1B

Lot Info

  • Parcel Number: 4507256
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Mar 15, 2017
Sold by
Liang Zhangyi and Guan Yinghua
Bought by
J Stephen Minervino Re
Seller's Agent
The iBremis Team
LAER Realty Partners
Buyer's Agent
The iBremis Team
LAER Realty Partners
List Price
$659,900
Sold Price
$645,000
Premium/Discount to List
-$14,900
-2.26%
Current Estimated Value
$1,098,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,444
Avg. Annual Appreciation
7.78%
Original Mortgage
$400,000
Outstanding Balance
$335,819
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$874,403

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 17, 2012
Sold by
Raassina Leevi
Bought by
Liang Zhangyi and Guan Yinghua
Seller's Agent
Irene Bremis
LAER Realty Partners
Buyer's Agent
Miro Fitkova
Fitkova Realty Group
List Price
$459,000
Sold Price
$464,825
Premium/Discount to List
$5,825
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$200,000
Interest Rate
3.44%
Mortgage Type
New Conventional
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
J Stephen Minervino Re $645,000 --
Liang Zhangyi $464,825 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J Stephen Minervino Re $400,000
Previous Owner Liang Zhangyi $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Rented $4,850 0.0% --
06/12/2024 06/12/24 For Rent $4,850 -99.5% --
10/29/2021 10/29/21 Rented -- -- --
10/22/2021 10/22/21 Sold $943,000 0.0% $451 / Sq Ft
10/15/2021 10/15/21 Under Contract -- -- --
09/24/2021 09/24/21 For Rent $4,500 0.0% --
09/14/2021 09/14/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $875,000 0.0% $418 / Sq Ft
06/26/2017 06/26/17 Rented $3,500 0.0% --
05/31/2017 05/31/17 Under Contract -- -- --
05/01/2017 05/01/17 Price Changed $3,500 0.0% $2 / Sq Ft
03/15/2017 03/15/17 Sold $645,000 0.0% $308 / Sq Ft
03/15/2017 03/15/17 For Rent $3,600 0.0% --
01/11/2017 01/11/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $659,900 0.0% $315 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $659,900 +2.3% $315 / Sq Ft
08/25/2016 08/25/16 Off Market $645,000 -- --
07/19/2016 07/19/16 Price Changed $676,000 -2.9% $323 / Sq Ft
06/10/2016 06/10/16 For Sale $696,000 +49.7% $333 / Sq Ft
12/17/2012 12/17/12 Sold $464,825 +1.3% $222 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $459,000 -- $219 / 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 $9,680 $887,300 $0 $887,300
2024 $9,107 $865,700 $0 $865,700
2023 $9,080 $878,100 $0 $878,100
2022 $7,140 $701,400 $0 $701,400
2021 $7,147 $701,400 $0 $701,400
2020 $6,720 $666,000 $0 $666,000
2019 $6,292 $584,800 $0 $584,800
2018 $6,654 $588,300 $0 $588,300
2017 $6,109 $523,500 $0 $523,500
2016 $6,207 $495,400 $0 $495,400
2015 $5,200 $412,400 $0 $412,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73250831

MLS Property Information Network (MLS PIN)

APN: SOME-000052-F000000-000009-000001B