Seller's Agent in 2018
Robert Scott
RE/MAX Real Estate Center
(617) 417-2442
2 Total Sales
5 Seven Pines Ave Somerville, MA 02144
Teele Square NeighborhoodEstimated Value: $1,269,000 - $1,744,617
5
Beds
2
Baths
2,771
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- Plywood Flooring
- Fenced Yard
- 4-minute walk to Somerville Community Path
- Somerville High School Rated A-
- Enclosed Patio or Porch
About This Home
As of December 2018This well maintained 2 family home has been occupied by the same family for over 70 years. Everyone wants the convenience of Davis Square and its trendy shops, restaurants, and Red Line T. You also have the convenience of Alewife T and Route #2. This property is walking distance to Teele Square, Tufts University, Harvard University, Lesley College and MIT. Overall it is one of the most desirable neighborhoods of Somerville and Cambridge. If you are an investor, this is for you. This 1970s (Brady Bunch interior style Look); but meticulously clean can easily be rented out right away and give you a considerable income. Or, if you are an investor, live in one unit and rent out the other while you are modernizing it.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,574
Year Built
- Built in 1900
Lot Details
- 2,614
Flooring
- Plywood
- Wall to Wall Carpet
- Tile
Additional Features
- Enclosed Patio or Porch
- Fenced Yard
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2018
Closed on
Dec 21, 2018
Sold by
Buck Rita P
Bought by
Lacourt Orphanage T Llc
Seller's Agent
Robert Scott
RE/MAX Real Estate Center
Buyer's Agent
Manish Kumar
Maven Realty
List Price
$999,900
Sold Price
$1,000,000
Premium/Discount to List
$100
0.01%
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
$473,654
Avg. Annual Appreciation
5.94%
Original Mortgage
$700,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2008
Sold by
Lavey Gemma A
Bought by
Lavey Gemma A and Buck Rita P
Purchase Details
Closed on
Nov 3, 2004
Sold by
Lavey Gemma A and Lavey Joseph F
Bought by
Lavey Gemma A and Lavey Joseph F
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 |
|---|---|---|---|
| Lacourt Orphanage T Llc | $1,000,000 | -- | |
| Lavey Gemma A | -- | -- | |
| Lavey Gemma A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lacourt Orphanage T Llc | $782,000 | |
| Closed | Lacourt Orphanage T Llc | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2018 12/31/18 | Sold | $1,000,000 | 0.0% | $361 / Sq Ft |
| 12/05/2018 12/05/18 | Pending | -- | -- | -- |
| 11/26/2018 11/26/18 | For Sale | $999,900 | -- | $361 / 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 | $13,574 | $1,244,200 | $646,300 | $597,900 |
| 2024 | $12,977 | $1,233,600 | $646,300 | $587,300 |
| 2023 | $12,341 | $1,193,500 | $646,300 | $547,200 |
| 2022 | $11,620 | $1,141,500 | $615,600 | $525,900 |
| 2021 | $11,150 | $1,094,200 | $597,700 | $496,500 |
| 2020 | $9,084 | $900,300 | $556,800 | $343,500 |
| 2019 | $8,246 | $766,400 | $495,000 | $271,400 |
| 2018 | $8,182 | $723,400 | $493,200 | $230,200 |
| 2017 | $8,011 | $686,500 | $465,300 | $221,200 |
| 2016 | $8,032 | $641,000 | $439,600 | $201,400 |
| 2015 | $7,592 | $602,100 | $402,500 | $199,600 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Scott
-
Manish Kumar
M
Buyer's Agent in 2018
Manish Kumar
Maven Realty
(617) 868-0100
15 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72426615
APN: SOME-000013-E000000-000014
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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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