Seller's Agent in 2020
Matthew Pierce
Marcus & Millichap Real Estate Investment Services
(617) 896-7200
4 Total Sales
49 Perry St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $2,084,000 - $2,879,694
11
Beds
3
Baths
5,732
Sq Ft
$410/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Balcony
- Somerville High School Rated A-
- Fenced Yard
- 4-minute walk to Perry Park
About This Home
As of January 2020Large 3-unit multi-family building located in the highly sought after Ward Two neighborhood. Built in 1910, this property consists of two (2) 4-bed, 1-bath apartments over a single 3-bed, 1-bath unit that has the capability to be transitioned into a third 4-bedroom apartment. All units are 1,242 square feet featuring open eat-in kitchens and white appliances, large bedrooms with ample closet space, open layouts and hardwood floors throughout. All units are separately metered for gas steam-heat and electricity that the tenants are responsible for paying. Additional amenities include front and back balconies for each unit along with large, double-lot fenced in private front and back yards and off-street parking for 6+ cars, which is unlike any other property in the area. The units each have their own laundry as well. Owner occupied building with significant upside to increase rents to market rate and rent additional apartment. Across the street from the new Lincoln Park.
Last Agent to Sell the Property
Marcus & Millichap Real Estate Investment Services Listed on: 11/12/2019
Last Buyer's Agent
Marcus & Millichap Real Estate Investment Services Listed on: 11/12/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,465
Year Built
- Built in 1910
Lot Details
- Fenced Yard
- Garden
Flooring
- Wood Flooring
Outdoor Features
- Balcony
- Deck
- Patio
- Storage Shed
- Porch
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2019
Closed on
Dec 30, 2019
Sold by
Ratner Richard
Bought by
49 Perry Llc
Seller's Agent
Matthew Pierce
Marcus & Millichap Real Estate Investment Services
Buyer's Agent
Matthew Pierce
Marcus & Millichap Real Estate Investment Services
List Price
$1,795,000
Sold Price
$1,835,000
Premium/Discount to List
$40,000
2.23%
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
$513,174
Avg. Annual Appreciation
4.37%
Purchase Details
Closed on
Aug 3, 2004
Sold by
Thomas Frank L and Thomas Margaret M
Bought by
Ratner Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,900
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| 49 Perry Llc | $1,835,000 | None Available | |
| Ratner Richard | $829,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ratner Richard | $649,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2020 01/06/20 | Sold | $1,835,000 | +2.2% | $320 / Sq Ft |
| 11/17/2019 11/17/19 | Pending | -- | -- | -- |
| 11/12/2019 11/12/19 | For Sale | $1,795,000 | -- | $313 / 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 | $20,465 | $1,875,800 | $850,500 | $1,025,300 |
| 2024 | $19,261 | $1,830,900 | $850,500 | $980,400 |
| 2023 | $19,292 | $1,865,800 | $850,500 | $1,015,300 |
| 2022 | $18,383 | $1,805,800 | $810,000 | $995,800 |
| 2021 | $15,747 | $1,545,300 | $771,400 | $773,900 |
| 2020 | $15,292 | $1,515,600 | $741,700 | $773,900 |
| 2019 | $14,085 | $1,309,000 | $629,800 | $679,200 |
| 2018 | $12,121 | $1,071,700 | $572,600 | $499,100 |
| 2017 | $11,582 | $992,500 | $518,600 | $473,900 |
| 2016 | $11,531 | $920,300 | $509,600 | $410,700 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Pierce
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72591796
APN: SOME-000065-A000000-000073
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.
Nearby Homes
- 73 Marion St Unit 2
- 71 Marion St Unit 1
- 5 Waldo Ave Unit 2A
- 17 Dimick St
- 12 Buckingham St
- 9 Bowdoin St
- 97 Beacon St
- 386 Washington St Unit 3B
- 65 Concord Ave Unit 2
- 104 Beacon St Unit 2
- 36 Springfield St Unit 1
- 36 Springfield St Unit 3
- 20 Lake St Unit 2
- 47 Dane St
- 65 Oak St Unit 1
- 3 Church St Unit 1
- 2 Village St Unit 2
- 63 Oak St Unit 3
- 54 Oak St
- 246 Hampshire St Unit 3
- 45 Perry St
- 63 Marion St
- 47 Perry St Unit 2
- 65 Marion St
- 61 Marion St
- 41 Lewis St
- 67 Marion St
- 67 Marion St Unit 2
- 67 Marion St Unit 3
- 41 Perry St
- 55 Marion St
- 55 Marion St Unit 55
- 59 Marion St
- 57 Marion St
- 37 Lewis St
- 71 Marion St Unit 3
- 71 Marion St Unit 2
- 71 Marion St Unit 2,71
- 71 Marion St Unit 3,71
- 37 Perry St