NOT LISTED FOR SALE

5 Smith Ave Unit 4 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,045,000 - $1,217,000

2 Beds
3 Baths
1,453 Sq Ft
2021 Built

Last Sold October 08, 2021

Last sale price $950,000 $654 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,905/month

56 Days on Market

About This Home

As of October 2021

Stunning luxury bi-level unit for sale in highly desirable Somerville neighborhood. This oversized two bed, three bath unit has plenty of room to work from home. No expense was spared in this incredible build out. Beautiful kitchen with VIKING appliances. Crown molding and wainscoting throughout. Includes one off street parking space!

Last Agent to Sell the Property

Paul Connolly

1M Realty LLC Listed on: 06/14/2021

1M Realty LLC

Last Buyer's Agent

David Shorey

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,442

Year Built

2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Directions: GPS
  • Garage Yn: No
  • Structure Type: 2/3 Family
  • Year Built Details: Actual
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Master Bathroom Features: Yes
  • MAIN LO: AN1547
  • MAIN SO: AN2383
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace: No
  • Stories: 2

Exterior Features

  • Disclosures: Seller Cannot Close Until Condo Conversion Moratorium Ends In October. Taxes And Condo Fees To Be Assigned.
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Farm Land Area Units: Square Feet
  • Zoning: N/A

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 99999999
  • Tax Book Number: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Oct 8, 2021
Sold by
Smith & Beacon Street Llc
Bought by
Cole Garrison A and Cole Liliosa E
Seller's Agent
Paul Connolly
1M Realty LLC
Buyer's Agent
David Shorey
Real Broker MA, LLC
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
$1,150,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,644
Avg. Annual Appreciation
4.70%
Original Mortgage
$760,000
Outstanding Balance
$693,049
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$457,595
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cole Garrison A $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Garrison A $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $950,000 -2.6% $654 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $975,000 -- $671 / 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 $10,442 $957,100 $0 $957,100
2024 $9,639 $916,300 $0 $916,300
2023 $9,744 $942,400 $0 $942,400
Source: Public Records

Agents Affiliated with this Home

  • Paul Connolly

    Seller's Agent in 2021

    Paul Connolly

    1M Realty LLC

    (781) 439-7218

    6 in this area

    36 Total Sales

    Paul Connolly
    Section Image
  • David Shorey

    Buyer's Agent in 2021

    David Shorey

    Real Broker MA, LLC

    (781) 962-4028

    7 in this area

    148 Total Sales

    David Shorey
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72849610

MLS Property Information Network (MLS PIN)

APN: SOME M:66 B:E L:9 U:4

Massachusetts Middlesex County Somerville 02138 Prospect Hill

5 Smith Ave Unit 4, Somerville, MA

Not Listed for Sale

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