Seller's Agent in 2022
Patti Reilly Team
RE/MAX Real Estate Center
4 in this area
75 Total Sales
47 Fairmount Ave Unit 2 Somerville, MA 02144
West Somerville NeighborhoodEstimated Value: $947,688 - $1,102,000
2
Beds
2.5
Baths
1,606
Sq Ft
$270/mo
HOA Fee
Highlights
- Fireplace in Primary Bedroom
- Deck
- Cathedral Ceiling
- Somerville High School Rated A-
- Property is near public transit
- 5-minute walk to North Street Veterans Playground
About This Home
As of December 2022Architecturally designed 2 story condominium designed to emphasize open space & natural light. Our main level offers an eat-in kitchen w/ dramatic vaulted ceilings, exposed beams & a skylight in addition to stainless steel appliances, gas cooking & granite countertops. Large, comfortable living room features bay windows, custom ceilings, recessed lighting & access to a half bath w/ in-unit laundry. Enjoy a private, top floor master suite with full bath, ample closet space, electric fireplace & windows on 3 sides plus a perfectly situated skylight. 2nd bedroom is located on the main level and has a private deck & en-suite full bath. Gut renovated in 2013 w/ energy efficient systems incl. gas heat & central a/c. Private storage area in basement. 2 non-tandem parking spaces in the driveway w/ easy access to private back entrance door to kitchen. Pet friendly. Walk to Tufts University Campus, Teele Square & Davis Square Redline, restaurants & shops. Commuters, easy access to Route 2 or 93
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,281
Year Built
- Built in 1910
Lot Details
- Sprinkler System
HOA Fees
- $270 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,606 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Bay Window
- Insulated Doors
- Dining Area
- Intercom
Kitchen
- Breakfast Bar
- Stove
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
- Primary bedroom located on third floor
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Heating Zone
- Heating System Uses Natural Gas
- Individual Controls for Heating
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 4910596
Community Details
Overview
- Association fees include insurance, maintenance structure, ground maintenance, snow removal
- 3 Units
- 47 Fairmount Ave Condominium Community
Amenities
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2022
Closed on
Dec 16, 2022
Sold by
Gore Mary A
Bought by
Rao Ramprasad and Srinivasan Ranjani
Seller's Agent
Patti Reilly Team
RE/MAX Real Estate Center
Buyer's Agent
Femion Mezini
Capital Realty Group
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
54
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
$164,922
Avg. Annual Appreciation
6.74%
Original Mortgage
$650,000
Outstanding Balance
$622,529
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$392,393
Purchase Details
Listed on
Jun 16, 2021
Closed on
Jul 31, 2021
Sold by
Au Pak W
Bought by
Gore Mary A
Seller's Agent
Max Dublin
Gibson Sotheby's International Realty
Buyer's Agent
Max Dublin
Gibson Sotheby's International Realty
List Price
$868,000
Sold Price
$838,000
Premium/Discount to List
-$30,000
-3.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Purchase Details
Closed on
Jun 11, 2018
Sold by
Strasburger Jennifer and Faughnan Veronica
Bought by
Au Pak W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 10, 2014
Sold by
Dolan Edward C
Bought by
Faughnan Veronica and Strasburger Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.29%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rao Ramprasad | $850,000 | None Available | |
| Gore Mary A | $838,000 | None Available | |
| Au Pak W | $805,000 | -- | |
| Faughnan Veronica | $575,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rao Ramprasad | $650,000 | |
| Previous Owner | Au Pak W | $644,000 | |
| Previous Owner | Strasburger Jennifer | $150,000 | |
| Previous Owner | Strasburger Jennifer | $471,000 | |
| Previous Owner | Faughnan Veronica | $417,000 | |
| Previous Owner | Dantonio Mark J | $112,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2022 12/16/22 | Sold | $850,000 | -5.5% | $529 / Sq Ft |
| 11/11/2022 11/11/22 | Pending | -- | -- | -- |
| 10/13/2022 10/13/22 | For Sale | $899,000 | +7.3% | $560 / Sq Ft |
| 08/06/2021 08/06/21 | Sold | $838,000 | -0.1% | $522 / Sq Ft |
| 06/30/2021 06/30/21 | Pending | -- | -- | -- |
| 06/23/2021 06/23/21 | Price Changed | $839,000 | -3.3% | $522 / Sq Ft |
| 06/16/2021 06/16/21 | For Sale | $868,000 | -- | $540 / 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 | $8,388 | $768,800 | $0 | $768,800 |
| 2024 | $7,747 | $736,400 | $0 | $736,400 |
| 2023 | $8,619 | $833,600 | $0 | $833,600 |
| 2022 | $8,245 | $809,900 | $0 | $809,900 |
| 2021 | $8,088 | $793,700 | $0 | $793,700 |
| 2020 | $7,844 | $777,400 | $0 | $777,400 |
| 2019 | $9,127 | $848,200 | $0 | $848,200 |
| 2018 | $9,153 | $809,300 | $0 | $809,300 |
| 2017 | $9,660 | $827,800 | $0 | $827,800 |
| 2016 | $8,549 | $682,300 | $0 | $682,300 |
| 2015 | $7,769 | $616,100 | $0 | $616,100 |
Source: Public Records
Agents Affiliated with this Home
-
Patti Reilly Team
-
Femion Mezini
Buyer's Agent in 2022
Femion Mezini
Capital Realty Group
(508) 801-7122
1 in this area
153 Total Sales
-
Max Dublin
Seller's Agent in 2021
Max Dublin
Gibson Sothebys International Realty
(617) 230-7615
4 in this area
152 Total Sales
-
Thomas Lomenzo
Seller Co-Listing Agent in 2021
Thomas Lomenzo
William Raveis R.E. & Home Services
(508) 332-8842
1 in this area
15 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73048069
APN: SOME-000008-C000000-000026-000002
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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