NOT LISTED FOR SALE

5 Walker St Somerville, MA 02144

Davis Square Neighborhood

Estimated Value: $1,596,000 - $2,128,331

6 Beds
3 Baths
3,710 Sq Ft
$477/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $1,115,000 $301 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $10,781/month

46 Days on Market

About This Home

As of June 2015

Attention Contractors/Developers! Prime location between Tufts and Davis Square! Long time family occupied three family property. Fabulous development or investment opportunity! Rents are well below market. There will not be an open house -- only group showings!

Last Agent to Sell the Property

Carol McDonald

Lamacchia Realty, Inc. Listed on: 04/15/2015

Lamacchia Realty, Inc.

Last Buyer's Agent

John Veneziano

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Park, Walk/Jog Trails
  • Electric: Circuit Breakers
  • Basement: Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2025
Sold by
Lacourt Foundation Llc
Bought by
Lacourt Firma Llc
Current Estimated Value
$1,771,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,082,274
Outstanding Balance
$11,062,492
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$9,291,159

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jul 1, 2015
Sold by
Cordeiro Margaret D
Bought by
Lacourt Foundation Llc
Seller's Agent
Carol McDonald
Lamacchia Realty, Inc.
Buyer's Agent
John Veneziano
RE/MAX Andrew Realty Services
List Price
$1,250,000
Sold Price
$1,115,000
Premium/Discount to List
-$135,000
-10.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$780,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Lacourt Firma Llc -- --
Lacourt Foundation Llc $1,115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacourt Firma Llc $11,082,274
Previous Owner Lacourt Foundation Llc $780,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $1,115,000 -10.8% $301 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $1,250,000 -- $337 / 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 $18,990 $1,740,600 $714,000 $1,026,600
2024 $17,842 $1,696,000 $714,000 $982,000
2023 $17,436 $1,686,300 $714,000 $972,300
2022 $16,639 $1,634,500 $680,000 $954,500
2021 $15,651 $1,535,900 $675,100 $860,800
2020 $14,916 $1,478,300 $675,500 $802,800
2019 $14,055 $1,306,200 $614,900 $691,300
2018 $12,880 $1,138,800 $559,000 $579,800
2017 $12,713 $1,089,400 $527,400 $562,000
2016 $11,167 $891,200 $471,000 $420,200
2015 -- $844,500 $434,900 $409,600
Source: Public Records

Agents Affiliated with this Home

  • Carol McDonald

    Seller's Agent in 2015

    Carol McDonald

    Lamacchia Realty, Inc.

    (781) 389-6184

    65 Total Sales

    Carol McDonald
    Section Image
  • John Veneziano

    Buyer's Agent in 2015

    John Veneziano

    RE/MAX

    (617) 840-5499

    93 Total Sales

    John Veneziano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71817651

MLS Property Information Network (MLS PIN)

APN: SOME-000015-C000000-000022

Massachusetts Middlesex County Somerville 02144 Davis Square

5 Walker St, Somerville, MA

Not Listed for Sale

MultiFamily

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