47 Cedar St Unit 1 Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $533,000 - $578,454
2
Beds
1
Bath
696
Sq Ft
$295/mo
HOA Fee
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 2023Location! 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
Gibson Sotheby's International Realty Listed on: 09/13/2023
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
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%
Total Days on Market
53
Views
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,364
Avg. Annual Appreciation
8.48%
Original Mortgage
$287,000
Outstanding Balance
$283,604
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$265,760
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
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
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
4 in this area
134 Total Sales
-
Laura Bakaysa Morphy
Buyer's Agent in 2023
Laura Bakaysa Morphy
Coldwell Banker Realty - Leominster
(978) 994-5500
1 in this area
67 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73159105
APN: SOME-000036-A000000-000062-000001
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