NOT LISTED FOR SALE

474 Broadway Unit 49 Somerville, MA 02145

Magoun Square Neighborhood

Estimated Value: $540,000 - $658,000

2 Beds
1 Bath
878 Sq Ft
$448/mo HOA Fee

Last Sold May 31, 2023

Last sale price $553,000 $630 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,201/month

13 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Corner Lot
  • Somerville High School Rated A-
  • Wood Flooring
  • 2-minute walk to Henry O. Hansen Park

About This Home

As of May 2023

Just Listed! Penthouse corner two bedroom condo with GARAGE parking & sweeping south westerly views! Tastefully updated to include stainless steel appliances, natural maple cabinetry, ceiling fans, & hardwood floors. This sunny & airy home also features two large bedrooms with ample closet space that are perfect for first time buyers or investors looking to capitalize in the booming Somerville market. 474 Broadway is a professional managed elevator building in the heart of Magoun Square just steps to all the amenities on Broadway, some of the best restaurants in Somerville, the new Green Line extension, the Community Path to Davis Square, Ball Square T, Tufts, & offers easy access to downtown Boston, Logan Airport, & Assembly Row. Commuter’s Dream! Condo fees include heat and hot water!

Last Agent to Sell the Property

Scott McNeill

Compass Listed on: 04/13/2023

Compass

Last Buyer's Agent

Sherean Azarmi

Urban Circle Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 1965

Lot Details

  • Near Conservation Area
  • No Units Above

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Assigned Parking

Home Design

  • Rubber Roof

Interior Spaces

  • 878 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Two cooling system units
  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:40 B:I L:6 U:49,753333

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 33 Units
  • Mid-Rise Condominium
  • Broadmoor Condominium Community

Amenities

  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,151

Year Built

Built in 1965

Lot Details

0

HOA Fees

$448 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1965
  • Buyer Agency: 2.5
  • Entry Level: 4
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood, Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 878
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 654.9
  • PRICE PER Sq Ft: 629.84
  • MAIN SO: AN0297

Exterior Features

  • Common Walls: No One Above, Corner
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Assigned

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Window Unit(s), Dual
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s)
  • Association Fee: 448
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 49
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:40 B:I L:6 U:49,753333
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 184
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5151
  • Tax Book Number: 70479

Multi Family

  • Number Of Units Total: 33
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2007
Sold by
Aleardi Kathleen R
Bought by
Kocen Eric and Kocen Eric P
Current Estimated Value
$601,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
6.71%

Purchase Details

Closed on
Sep 30, 2002
Sold by
Johnson Tammy L
Bought by
Aleardi Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2000
Sold by
Oneil Patricia A
Bought by
Johnson Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1987
Sold by
Lovesky Gary A
Bought by
Oneill Patricia A

Purchase Details

Closed on
Feb 11, 1987
Sold by
Daner Stanley I
Bought by
Lovesky Gary A
Source: Public Records

Range of Values:

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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
Kocen Eric $265,000 --
Aleardi Kathleen R $234,000 --
Johnson Tammy L $169,000 --
Oneill Patricia A $117,000 --
Lovesky Gary A $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivet Todd $294,000
Closed Jiang Aiqin $301,000
Closed Kocen Eric P $1,082
Closed Kocen Eric $23,000
Closed Kocen Eric $265,000
Previous Owner Aleardi Kathleen R $197,000
Previous Owner Aleardi Kathleen R $206,000
Previous Owner Lovesky Gary A $144,000
Previous Owner Lovesky Gary A $160,550
Previous Owner Lovesky Gary A $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $553,000 -3.8% $630 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $575,000 0.0% $655 / Sq Ft
02/01/2018 02/01/18 Rented $2,150 +2.4% --
01/27/2018 01/27/18 Under Contract -- -- --
01/17/2018 01/17/18 Price Changed $2,100 0.0% $2 / Sq Ft
01/05/2018 01/05/18 Sold $430,000 0.0% $490 / Sq Ft
12/04/2017 12/04/17 For Rent $2,400 0.0% --
09/18/2017 09/18/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $439,000 -- $500 / 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 $5,482 $502,500 $0 $502,500
2024 $5,286 $502,500 $0 $502,500
2023 $5,151 $498,200 $0 $498,200
2022 $4,997 $490,900 $0 $490,900
2021 $4,844 $475,400 $0 $475,400
2020 $4,752 $471,000 $0 $471,000
2019 $3,992 $371,000 $0 $371,000
2018 $4,111 $363,500 $0 $363,500
2017 $3,799 $325,500 $0 $325,500
2016 $3,844 $306,800 $0 $306,800
2015 $3,480 $276,000 $0 $276,000
Source: Public Records

Agents Affiliated with this Home

  • Scott McNeill

    Seller's Agent in 2023

    Scott McNeill

    Compass

    (617) 818-0079

    2 in this area

    33 Total Sales

    Section Image
  • Sherean Azarmi

    Buyer's Agent in 2023

    Sherean Azarmi

    Urban Circle Realty

    (617) 319-0076

    1 in this area

    66 Total Sales

    Section Image
  • Charles Cherney

    Seller's Agent in 2018

    Charles Cherney

    Compass

    (617) 733-8937

    1 in this area

    145 Total Sales

    Section Image
  • Al Longo

    Seller's Agent in 2018

    Al Longo

    Compass

    (617) 407-0094

    5 Total Sales

    Section Image
  • Carlos Xu

    Buyer's Agent in 2018

    Carlos Xu

    Lexwin Realty

    (781) 367-8522

    65 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73098708

MLS Property Information Network (MLS PIN)

APN: SOME-000040-I000000-000006-000049

Massachusetts Middlesex County Somerville 02145 Magoun Square

474 Broadway Unit 49, Somerville, MA

This home is located at 474 Broadway Unit 49, Somerville, MA 02145 since 13 April 2023 and is currently estimated at $605,478, approximately $689 per square foot. This property was built in 1965. 474 Broadway Unit 49 is a home located in Middlesex County with nearby schools including Somerville High School, St. Clement Elementary School, and Bright Future Educare Center.

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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