NOT LISTED FOR SALE

465 Somerville Ave Unit 2B Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,257,000 - $1,390,000

3 Beds
3 Baths
2,260 Sq Ft
2002 Built

Last Sold June 02, 2014

Last sale price $706,000 $312 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $7,931/month

63 Days on Market

About This Home

As of June 2014

Lots of square footage without the high cost per sq. ft. Price! Solid quality renovation of a bilevel 7rm 3bdrm 2 1/2 bath upper level unit with a spacious, open, almost loft like concept. The front entry opens to a combo living/sitting area with a corner fireplace adjacent to a spacious dining area that opens to an eat in maple cabinet kitchen with stainless steel appliances. The master bedroom is large w/a private master bath and walk-in closet. A wide stairwell leads to the upstairs living or meditation area featuring a skylight, 2 additional bedrooms and a full size bath. Unit offers convenience to Porter or Union squares, access to Cambridge and 2 car non tandem parking.

Last Agent to Sell the Property

Irene Bremis

LAER Realty Partners Listed on: 03/31/2014

LAER Realty Partners

Last Buyer's Agent

Susan Schlossberg

ReSource

Property Details

Home Type

Condominium

Year Built

2002

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2002

Interior Features

  • Has Basement: No
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Laundromat, Bike Path, Highway Access, House of Worship, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available
  • Bedroom 2: Third Floor
  • Bedroom 3: Third Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood
  • Dining Room: Second Floor

Exterior Features

  • Exterior: Clapboard

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: 463-465-467 Somerville Ave Condo Complex
  • Association Fee Includes: Water, Master Insurance, Exterior Maintenance
  • Association Pool: No
  • Pets Allowed: Unknown
  • No Units: 6
  • Unit Building: 2B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2014
Closed on
May 28, 2014
Sold by
Bhatia Puneet and Bhargava Mithu
Bought by
Sarkar Ranajit
Seller's Agent
Irene Bremis
LAER Realty Partners
Buyer's Agent
Susan Schlossberg
ReSource
List Price
$699,000
Sold Price
$706,000
Premium/Discount to List
$7,000
1%
Current Estimated Value
$1,326,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,774
Avg. Annual Appreciation
5.63%
Original Mortgage
$48,500
Outstanding Balance
$36,973
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$1,289,801

Purchase Details

Closed on
Aug 31, 2004
Sold by
Bhatia Divya and Bhatia Karan
Bought by
Bhargava Mithu and Bhatia Puneet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sarkar Ranajit $706,000 --
Bhargava Mithu $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarkar Ranajit $48,500
Previous Owner Bhargava Mithu $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2014 06/02/14 Sold $706,000 0.0% $312 / Sq Ft
04/14/2014 04/14/14 Off Market $706,000 -- --
03/31/2014 03/31/14 For Sale $699,000 -- $309 / 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 $11,426 $1,047,300 $0 $1,047,300
2024 $10,748 $1,021,700 $0 $1,021,700
2023 $10,709 $1,035,700 $0 $1,035,700
2022 $9,998 $982,100 $0 $982,100
2021 $10,008 $982,100 $0 $982,100
2020 $9,407 $932,300 $0 $932,300
2019 $8,800 $817,800 $0 $817,800
2018 $9,124 $806,700 $0 $806,700
2017 $8,230 $705,200 $0 $705,200
2016 $8,305 $662,800 $0 $662,800
2015 $6,564 $520,500 $0 $520,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71652705

MLS Property Information Network (MLS PIN)

APN: SOME-000052-F000000-000009-000002B