NOT LISTED FOR SALE

Estimated Value: $1,132,000 - $1,167,000

5 Beds
2 Baths
2,249 Sq Ft
$512/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $1,000,000 $445 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,894/month

2 Days on Market

Highlights

  • Property is near public transit and schools
  • Wood Flooring
  • Porch
  • Somerville High School Rated A-
  • Jogging Path
  • 5-minute walk to Albion Park

About This Home

As of September 2022

Seller will review any/all offers on Sunday at 5:00. Classic two family home in desirable side street off Cedar St, very close to the Minuteman Bike Path. Unit 1 is a four room, one bedroom unit with one full bathroom. current rent $1,500, lease until August 31, 2022. Unit 2 is a six room, three bedroom unit with one full bathroom. One bedroom on the living level (2nd floor), other two bedrooms on third floor. Unit is currently vacant, most recent rent was $2,600. Eat-in kitchens with maple cabinets. Laundry hookups within each unit. Hardwood floors, insulated windows, 15 year old architectural shingle roof. Paved driveway, parking for 3-4 cars, and a garden area in the back.

Last Agent to Sell the Property

David Shorey

Real Broker MA, LLC Listed on: 07/21/2022

Real Broker MA, LLC

Co-Listed By

Steve Rankin

Real Broker MA, LLC

Last Buyer's Agent

The Goneau Group

Keller Williams Realty North Central

Keller Williams Realty North Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,259

Year Built

  • Built in 1910

Lot Details

  • 4,045 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,249 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,500

Community Details

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,259

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Disposal,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Concrete, Unfinished
  • Living Area: 2249
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: K95580

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Common, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas,Individual), Unit 2(Forced Air,Gas,Individual)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, House of Worship, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4045
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10259

Multi Family

  • Net Operating Income: 18000
  • Number Of Units Total: 2
  • Total Actual Rent: 1500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 14, 2022
Sold by
Ryan John P and Ryan Hannah E
Bought by
Behr Alexander and Behr Jennifer
Seller's Agent
David Shorey
Real Broker MA, LLC
Buyer's Agent
The Goneau Group
Keller Williams Realty North Central
List Price
$889,000
Sold Price
$1,000,000
Premium/Discount to List
$111,000
12.49%
Current Estimated Value
$1,152,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,065
Avg. Annual Appreciation
4.36%
Original Mortgage
$900,000
Outstanding Balance
$855,500
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,565

Purchase Details

Closed on
Oct 1, 2004
Sold by
Bottari David and Bottari Karen
Bought by
Ryan Hannah E and Ryan John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,600
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2004
Sold by
Pratti Claire M and Pratti Richard N
Bought by
Bottari David and Bottari Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Behr Alexander $1,000,000 None Available
Ryan Hannah E $529,500 --
Ryan Hannah E $529,500 --
Bottari David $425,000 --
Bottari David $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Behr Alexander $900,000
Previous Owner Bottari David $375,400
Previous Owner Ryan Hannah E $423,600
Previous Owner Bottari David $382,500
Previous Owner Bottari David $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Sold $1,000,000 +12.5% $445 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $889,000 -- $395 / 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 $10,437 $956,600 $616,900 $339,700
2024 $9,999 $950,500 $616,900 $333,600
2023 $10,900 $1,054,200 $616,900 $437,300
2022 $10,259 $1,007,800 $587,500 $420,300
2021 $9,745 $956,300 $559,500 $396,800
2020 $9,195 $911,300 $538,000 $373,300
2019 $8,477 $787,800 $467,800 $320,000
2018 $7,975 $705,100 $425,300 $279,800
2017 $7,820 $670,100 $401,300 $268,800
2016 $7,666 $611,800 $367,000 $244,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73015466

MLS Property Information Network (MLS PIN)

APN: SOME-000034-C000000-000017