47 Fairfax St Unit 2 Somerville, MA 02144
West Somerville NeighborhoodEstimated Value: $666,000 - $769,000
2
Beds
1
Bath
1,082
Sq Ft
$225/mo
HOA Fee
Highlights
- Wood Flooring
- Solid Surface Countertops
- Balcony
- Somerville High School Rated A-
- Stainless Steel Appliances
- Bathtub with Shower
About This Home
As of October 2021Amazing value for a beautiful and spacious 2+ bedroom with parking in Somerville! Fully-renovated in 2014, this top floor unit is move in ready and features a flowing layout with nicely proportioned rooms, high ceilings, gleaming wood floors and plenty of windows throughout. Perks include central air, private laundry, a bonus nook perfect for a home office, exclusive-use front and back decks PLUS a lovely shared yard, ample storage in the private attic and basement storage room, AND... your very own driveway with parking for two cars! Great location on a one-way residential side street in West Somerville close to all the great cafes, pubs and restaurants in Teele Square & Davis, just across the street from the Alewife Brook Greenway, and with easy access to Tufts University, East Arlington and the Commuter Rail in West Medford. Plus the Green Line Station at College Ave, due to open this year, will be less than a mile away! 100% owner-occupied and pet friendly association.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,549
Year Built
- 1920
HOA Fees
- $225 per month
Interior Spaces
- Recessed Lighting
- Dining Area
Kitchen
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom located on second floor
- Bathtub with Shower
Outdoor Features
- Balcony
Utilities
- 1 Cooling Zone
- 1 Heating Zone
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2021
Closed on
Oct 18, 2021
Sold by
Nersessian Nancy
Bought by
Hartman Katherine
Seller's Agent
Lara Gordon
Gibson Sotheby's International Realty
Buyer's Agent
Laura Segal
Gibson Sotheby's International Realty
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Total Days on Market
5
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
$81,414
Avg. Annual Appreciation
2.38%
Original Mortgage
$505,000
Outstanding Balance
$465,481
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,652
Purchase Details
Closed on
Apr 3, 2014
Sold by
Amini Samira
Bought by
Nersessian Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Somerville, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hartman Katherine | $655,000 | None Available | |
| Nersessian Nancy | $494,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hartman Katherine | $505,000 | |
| Previous Owner | Nersessian Nancy | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $655,000 | +0.9% | $605 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $649,000 | -- | $600 / 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 | $7,549 | $691,900 | $0 | $691,900 |
| 2024 | $7,049 | $670,100 | $0 | $670,100 |
| 2023 | $6,866 | $664,000 | $0 | $664,000 |
| 2022 | $6,350 | $623,800 | $0 | $623,800 |
| 2021 | $6,097 | $598,300 | $0 | $598,300 |
| 2020 | $5,926 | $587,300 | $0 | $587,300 |
| 2019 | $5,796 | $538,700 | $0 | $538,700 |
| 2018 | $5,621 | $497,000 | $0 | $497,000 |
| 2017 | $5,206 | $446,100 | $0 | $446,100 |
| 2016 | $5,305 | $423,400 | $0 | $423,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lara Gordon
Seller's Agent in 2021
Lara Gordon
Gibson Sothebys International Realty
(617) 710-4632
3 in this area
97 Total Sales
-
Laura Segal
Buyer's Agent in 2021
Laura Segal
Gibson Sothebys International Realty
(617) 823-4287
1 in this area
51 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72891603
APN: SOME-000003-D000000-000036-000002
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.
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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