NOT LISTED FOR SALE

5 Smith Ave Somerville, MA 02143

Prospect Hill Neighborhood
9 Beds
9 Baths
5,751 Sq Ft
5,227 Sq Ft Lot

Last Sold October 15, 2019

Last sale price $1,588,000 $276 Per Sq Ft

32 Days on Market

About This Home

As of October 2019

APPROVED 5 UNIT PROJECT WITH 5 PARKING SPACES ON CAMBRIDGE/SOMERVILLE LINE! ZBA approvals granted, all appeals periods have elapsed and a full set of construction documents has been submitted to ISD. Buyer is only responsible to pay the permit fee upon picking up their permit; there are no other soft costs! Perfect for the investor or developer looking to start a project in the near future. Project consists of a gut renovation of an existing 2 family and a new construction 3 family. 5 Smith has two units - Unit 1=1,505 sq. ft and Unit 2=1,325 sq. ft.; 104 Beacon has three units - Unit 1= 1,104 sq. ft., Unit 2= 709 sq. ft., and Unit 3= 1,108 sq. ft. Every unit has a dedicated parking spot. All useable sq. ft. are based on information provided in plans and Buyer to do their own due diligence. Full set of plans and approvals available upon request.

Last Agent to Sell the Property

Dan Duval

Elevated Realty, LLC Listed on: 01/24/2019

Co-Listed By

Paul Connolly

1M Realty LLC

Last Buyer's Agent

Christie Xie

Nuage Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:66 B:E L:9

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 304.29
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Total Flrs: 9
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Fbh: 7
  • Total Hbh: 2
  • No Rooms: 20
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN1547
  • Main So: BB5474
  • Estimated Sq Ft: 5751.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Foundation: Poured Concrete, Brick

Garage/Parking

  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 768900.00
  • Acre: 0.12
  • Lot Size: 5334.00
  • Page: 36
  • Parcel Number: M:66 B:E L:9
  • Zoning: RC
  • Lot Description: Corner, Cleared

Multi Family

  • Total Levels: 10
  • No Units: 5
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 8696.00
  • Assessor Parcel Number: 757237

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $1,588,000 -9.3% $276 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $1,750,000 -- $304 / 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
2023 $24,547 $2,374,000 $805,700 $1,568,300
2022 $24,167 $2,374,000 $805,700 $1,568,300
2021 $10,849 $1,064,700 $767,400 $297,300
2020 $9,412 $974,900 $737,900 $237,000
2019 $10,370 $844,600 $626,600 $218,000
2018 $8,696 $768,900 $569,700 $199,200
2017 $8,154 $698,700 $515,900 $182,800
2016 $8,558 $683,000 $507,000 $176,000
2015 $8,101 $642,400 $467,800 $174,600
Source: Public Records

Agents Affiliated with this Home

  • Dan Duval

    Seller's Agent in 2019

    Dan Duval

    Elevated Realty, LLC

    (617) 729-2761

    1 in this area

    259 Total Sales

    Dan Duval
    Section Image
  • Paul Connolly

    Seller Co-Listing Agent in 2019

    Paul Connolly

    1M Realty LLC

    (781) 439-7218

    6 in this area

    36 Total Sales

    Paul Connolly
    Section Image
  • Christie Xie

    Buyer's Agent in 2019

    Christie Xie

    Nuage Real Estate Group

    (617) 678-3889

    1 in this area

    68 Total Sales

    Christie Xie
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72446504

MLS Property Information Network (MLS PIN)

APN: SOME 66-E-9

Massachusetts Middlesex County Somerville 02138 Prospect Hill

5 Smith Ave, Somerville, MA

Not Listed for Sale

MultiFamily

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