NOT LISTED FOR SALE

50 Bow St Unit 4 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $933,000 - $1,115,106

2 Beds
2 Baths
1,517 Sq Ft
$451/mo HOA Fee

Last Sold January 31, 2022

Last sale price $985,000 $649 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,726/month

2 Days on Market

About This Home

As of January 2022

Built in 1874 by world-renowned architect George Clough, this stunning property has been included on the National Register of Historic Places. A corner home, featuring 1,517 square feet of elegant living space, with rich mahogany hardwood floors and 12’ ceilings throughout. Enter right into an expansive open floor plan, perfect for entertaining, with a spacious living and dining room, highlighted with oversized 8’ Marvin windows, washing the home in generous natural sunlight. The kitchen has been equipped with Bosch® stainless steel appliances, custom cabinets with ample storage, and breakfast bar with generous counter space. The large master bedroom comes with en-suite bath and two large closets. In-unit laundry, central air, custom lighting & blinds, and one parking space complete this home. Moments away from all that Union square as to offer with local cuisine and shops, and also in close proximity to Kendall, Inman, Harvard, Davis & Assembly Squares.

Last Agent to Sell the Property

Eric Tam

Compass Listed on: 12/21/2021

Compass

Co-Listed By

Jerome McBride

Compass

Last Buyer's Agent

Eric Tam

Compass Listed on: 12/21/2021

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,164

Year Built

1874

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: Somerville Ave. to Bow St.
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Attached
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1874

Interior Features

  • Appliances: Oven,Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Washer,Dryer, Tank Water Heater, Utility Connections for Gas Range
  • Entry Location: Unit Placement(Upper,Front,Back)
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 659.2
  • PRICE PER Sq Ft: 649.31
  • MAIN SO: AN2383
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Hardwood
  • Stories: 1

Exterior Features

  • Common Walls: Corner
  • Construction Type: Brick
  • Disclosures: Current Taxes Do Not Reflect The Residential Exemption. With Residential Exemption, 2021 Taxes Will Be Approx. $5, 183.24 With $3, 454.82 Exemption. 2022 Tax Rate, Assessment And New Residential Exemption Amount Subject To Change By Year's End For The City Of Somerville. Photos Are Virtually Staged.
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, Individual, Unit Control
  • Heating: Natural Gas, Individual, Unit Control
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 4
  • Amenities: Elevator(s)
  • Association Fee: 451.42
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Bike Path, Private School, Public School, University
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • PAGE: 182
  • Farm Land Area Units: Square Feet
  • Zoning: RES

Multi Family

  • Number Of Units Total: 14

Tax Info

  • Tax Annual Amount: 8638.06
  • Tax Book Number: 46064
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Jan 31, 2022
Sold by
Viraj Ghandi Lt
Bought by
Murphy Jaclyn
Seller's Agent
Eric Tam
Compass
Buyer's Agent
Eric Tam
Compass
List Price
$1,000,000
Sold Price
$985,000
Premium/Discount to List
-$15,000
-1.5%
Current Estimated Value
$1,023,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,777
Avg. Annual Appreciation
2.19%
Original Mortgage
$788,000
Outstanding Balance
$728,740
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$337,415

Purchase Details

Listed on
Jun 2, 2016
Closed on
Sep 26, 2016
Sold by
Hanauer David S and Bennett Danielle T
Bought by
Gandhi Avni and Gandhi Viraj
Seller's Agent
Andrew Costanzo
Bushari Group Real Estate
Buyer's Agent
Eric Tam
Compass
List Price
$819,000
Sold Price
$750,000
Premium/Discount to List
-$69,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$525,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 9, 2005
Sold by
50 Bow St Rt and Zahedi Kamran
Bought by
Bennett Danielle T and Hanauer David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Murphy Jaclyn $985,000 None Available
Gandhi Avni $750,000 --
Bennett Danielle T $578,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Jaclyn $788,000
Previous Owner Gandhi Avni $525,000
Previous Owner Bennett Danielle T $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $985,000 -1.5% $649 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/21/2021 12/21/21 For Sale $1,000,000 +33.3% $659 / Sq Ft
09/26/2016 09/26/16 Sold $750,000 -6.2% $494 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
07/12/2016 07/12/16 Price Changed $799,500 -2.4% $527 / Sq Ft
06/02/2016 06/02/16 For Sale $819,000 -- $540 / 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 $10,164 $931,600 $0 $931,600
2024 $9,601 $912,600 $0 $912,600
2023 $9,239 $893,500 $0 $893,500
2022 $8,630 $847,700 $0 $847,700
2021 $8,638 $847,700 $0 $847,700
2020 $8,063 $799,100 $0 $799,100
2019 $8,598 $799,100 $0 $799,100
2018 $8,415 $744,000 $0 $744,000
2017 $8,260 $707,800 $0 $707,800
2016 $8,142 $649,800 $0 $649,800
2015 $7,537 $597,700 $0 $597,700
Source: Public Records

Agents Affiliated with this Home

  • Eric Tam

    Seller's Agent in 2022

    Eric Tam

    Compass

    (617) 803-5683

    2 in this area

    94 Total Sales

    Eric Tam
    Section Image
  • Jerome McBride

    Seller Co-Listing Agent in 2022

    Jerome McBride

    Compass

    (617) 206-3333

    1 in this area

    41 Total Sales

    Jerome McBride
    Section Image

  • A

    Seller's Agent in 2016

    Andrew Costanzo

    Bushari Group Real Estate

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72929179

MLS Property Information Network (MLS PIN)

APN: SOME-000074-C000000-000003-000004

Massachusetts Middlesex County Somerville 02143 Prospect Hill

50 Bow St Unit 4, Somerville, MA

This home is located at 50 Bow St Unit 4, Somerville, MA 02143 since 21 December 2021 and is currently estimated at $1,023,777, approximately $674 per square foot. This property was built in 1874. 50 Bow St Unit 4 is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.

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.

MLS Property Information Network (MLS PIN) 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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