NOT LISTED FOR SALE

47 Cedar St Unit 1 Somerville, MA 02143

Porter Square Neighborhood

Estimated Value: $565,000 - $586,000

2 Beds
1 Bath
696 Sq Ft
$295/mo HOA Fee

Last Sold December 13, 2023

Last sale price $487,000 $700 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,753/month

53 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Somerville High School Rated A-
  • Solid Surface Countertops
  • 5-minute walk to Morse-Kelley Playground

About This Home

As of December 2023

Location! Location! Location! Around the corner from Porter Sq with its supermarket, specialty shops, restaurants and Red Line T station & within an easy reach of Davis Sq, 47 Cedar Street packs quite a punch. With its TWO bedrooms, an open kitchen/living space and a deeded parking space, it is incredibly comfortable and convenient. The Somerville Community Path, a haven for runners, bikers, and anyone who wants to enjoy the outdoors, is also very close. Renovated in 2005, the unit has granite counters & stainless steel appliances in the kitchen and pretty bathroom tiles. Since then, the owner has taken special care to maintain the unit and pass along a property that is tidy and fresh. In 2020 he replaced the floor with a new vinyl plank material in a warm oak style and he recently repainted every room making it feel new again. It is part of a 6 unit, professionally managed, pet friendly building that has also been well cared for. Come and take a look. You will be glad you did!

Last Agent to Sell the Property

Lisa May

Gibson Sotheby's International Realty Listed on: 09/13/2023

Gibson Sotheby's International Realty

Last Buyer's Agent

Laura Bakaysa Morphy

Coldwell Banker Realty - Leominster

Coldwell Banker Realty - Leominster

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1960

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • 1 Heating Zone
  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 4659187

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal
  • 6 Units
  • Low-Rise Condominium
  • 47 Cedar Street Condominium Trust Community

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,774

Year Built

Built in 1960

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1960
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Entry Location: Unit Placement(Partially Below Grade)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Vinyl
  • Room Bedroom2 Area: 132
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Vinyl
  • Room Master Bedroom Area: 140
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Kitchen Features: Flooring - Vinyl, Countertops - Stone/Granite/Solid, Open Floorplan
  • Room Kitchen Area: 80
  • Laundry Features: Off-Site
  • Room Living Room Area: 168
  • Room Living Room Features: Closet, Flooring - Vinyl, Open Floorplan
  • Basement: N
  • Living Area: 696
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 716.95
  • PRICE PER Sq Ft: 699.71
  • MAIN SO: AN6181

Exterior Features

  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 295
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Bike Path, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Professional - Off Site, Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Parcel Number: 4659187
  • Zoning: BAS
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 120
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4773.98
  • Tax Book Number: 44741

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: Yes
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Dec 13, 2023
Sold by
Aradi Hani K
Bought by
Ahern John M
Seller's Agent
Lisa May
Gibson Sotheby's International Realty
Buyer's Agent
Laura Bakaysa Morphy
Coldwell Banker Realty - Leominster
List Price
$548,000
Sold Price
$487,000
Premium/Discount to List
-$61,000
-11.13%
Views
136
Current Estimated Value
$574,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,726
Avg. Annual Appreciation
9.81%
Original Mortgage
$287,000
Outstanding Balance
$282,927
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,799
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
Ahern John M $487,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahern John M $287,000
Previous Owner Aradi Hani K $171,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $487,000 -2.4% $700 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $499,000 -8.9% $717 / Sq Ft
09/13/2023 09/13/23 For Sale $548,000 -- $787 / 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 $5,081 $465,700 $0 $465,700
2024 $4,899 $465,700 $0 $465,700
2023 $4,774 $461,700 $0 $461,700
2022 $4,488 $440,900 $0 $440,900
2021 $4,350 $426,900 $0 $426,900
2020 $4,268 $423,000 $0 $423,000
2019 $4,081 $379,300 $0 $379,300
2018 $4,108 $363,200 $0 $363,200
2017 $3,720 $318,800 $0 $318,800
2016 $3,788 $302,300 $0 $302,300
2015 $3,555 $281,900 $0 $281,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa May

    Seller's Agent in 2023

    Lisa May

    Gibson Sothebys International Realty

    (617) 429-3188

    2 in this area

    124 Total Sales

    Lisa May
    Section Image
  • Laura Bakaysa Morphy

    Buyer's Agent in 2023

    Laura Bakaysa Morphy

    Coldwell Banker Realty - Leominster

    (978) 994-5500

    1 in this area

    65 Total Sales

    Laura Bakaysa Morphy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73159105

MLS Property Information Network (MLS PIN)

APN: SOME-000036-A000000-000062-000001

Massachusetts Middlesex County Somerville 02143 Porter Square

47 Cedar St Unit 1, Somerville, MA

This home is located at 47 Cedar St Unit 1, Somerville, MA 02143 since 13 September 2023 and is currently estimated at $574,726, approximately $825 per square foot. This property was built in 1960. 47 Cedar St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St. Clement Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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