Seller's Agent in 2021
Jenna Lovely
The Lovely Advisory LLC
(978) 729-6311
1 in this area
30 Total Sales
48 Summer St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,189,000
5
Beds
2
Baths
2,342
Sq Ft
$508/Sq Ft
Est. Value
About This Home
As of November 2021Updated two-family home featuring two spacious units on a centrally located tree-lined street. Unit 1 offers two bedrooms, one full bathroom, with an upgraded kitchen with quartz countertops, stainless appliances and fixtures. Unit 2 features three bedrooms and one full bathroom on the second floor, updated kitchen with quartz countertops and newer appliances, as well as a large private deck with access from the living area. Outdoor common patio area with plenty of space for a city garden. Full basement has ample storage space. Conveniently located a short distance from Union Square, Bow Market, and all city points. Perfect for an owner occupant or investor.
Property Details
Home Type
- Multi-Family
Year Built
- 1920
Lot Details
- 2,614
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2021
Closed on
Nov 30, 2021
Sold by
Bounfiglio Michael and Nabbout Ziad
Bought by
Alder Allison
Seller's Agent
Jenna Lovely
The Lovely Advisory LLC
Buyer's Agent
Christina Margiotta
Cameron Real Estate Group
Sold Price
$1,000,000
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
$189,000
Original Mortgage
$800,000
Outstanding Balance
$735,197
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
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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 |
|---|---|---|---|
| Alder Allison | $1,000,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alder Allison | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2021 11/30/21 | Sold | $1,000,000 | -16.7% | $427 / Sq Ft |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- |
| 09/14/2021 09/14/21 | For Sale | -- | -- | -- |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- |
| 08/14/2021 08/14/21 | For Sale | $1,200,000 | -- | $512 / 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 | $10,946 | $1,003,300 | $412,900 | $590,400 |
| 2024 | $10,198 | $969,400 | $412,900 | $556,500 |
| 2023 | $9,923 | $959,700 | $412,900 | $546,800 |
| 2022 | $9,274 | $911,000 | $393,200 | $517,800 |
| 2021 | $7,649 | $750,600 | $374,500 | $376,100 |
| 2020 | $7,217 | $715,300 | $360,100 | $355,200 |
| 2019 | $6,884 | $639,800 | $313,100 | $326,700 |
| 2018 | $6,414 | $567,100 | $284,700 | $282,400 |
| 2017 | $6,158 | $527,700 | $268,500 | $259,200 |
| 2016 | $6,204 | $495,100 | $245,600 | $249,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jenna Lovely
-
Christina Margiotta
Buyer's Agent in 2021
Christina Margiotta
Cameron Real Estate Group
(857) 600-6663
1 in this area
5 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72881564
APN: SOME-000063-B000000-000002
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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