50 Bow St Unit 4 Somerville, MA 02143
Prospect Hill Neighborhood
2
Beds
2
Baths
1,517
Sq Ft
1874
Built
About This Home
As of January 2022Freshly painted, move-in ready and one parking space included. Built in 1874 by world-renowned architect George Clough, this stunning property has been included on the National Register of Historic Places. This corner home features 1,517 square feet of elegant living space with rich mahogany hardwood floors and 12' ceilings throughout. The living space features an open floor plan, perfect for entertaining with a dining area and spacious living room. Recently updated 8' Marvin Ultimate Double-Hung, Magnum Insulated® windows were approved by the Preservation Historic Commission and wash the home in ample natural sunlight. The kitchen has been equipped with Bosch® stainless steel appliances, custom cabinets and breakfast bar with generous counter space. The large master bedroom comes with en-suite bath and two large closets. In-unit laundry, surround sound speakers, central air, custom lighting, ceiling fans, custom blinds and one parking space complete this home.
Last Agent to Sell the Property
Andrew Costanzo
Bushari Group Real Estate Listed on: 06/02/2016
Property Details
Home Type
Condominium
Est. Annual Taxes
$10,164
Year Built
1874
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: Upper, Corner
- Property Type: Condominium/Co-Op
- Handicap Access: Yes
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1874
Interior Features
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Has Basement: No
- Primary Bathroom: Yes
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Medical Facility, Bike Path, Private School, Public School, University
- Flooring: Tile, Hardwood
- Interior Amenities: Cable Available, Intercom, Wired for Surround Sound
- Bedroom 2: First Floor
- Bathroom #2: First Floor
- Kitchen: First Floor
- Living Room: First Floor
- Master Bedroom: First Floor
- Master Bedroom Description: Bathroom - Full, Closet, Flooring - Stone/Ceramic Tile
- Dining Room: First Floor
- No Living Levels: 1
Exterior Features
- Construction: Brick
- Exterior: Brick
- Exterior Unit Features: Screens, Gutters, Professional Landscaping
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 1
Utilities
- Cooling: Central Air, Individual, Unit Control
- Heating: Gas, Individual, Unit Control
- Hot Water: Tank
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: Urbanica 50 Condominium Trust
- Association Fee Includes: Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
- Association Security: Intercom
- Management: Professional - Off Site
- Pets Allowed: Yes
- No Units: 14
- Unit Building: 4
Fee Information
- Fee Interval: Monthly
Lot Info
- Zoning: Res
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,155
Avg. Annual Appreciation
2.23%
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
Similar Homes in Somerville, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $985,000 | None Available | |
| Not Resolvable | $750,000 | -- | |
| Deed | $578,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $788,000 | Purchase Money Mortgage | |
| Closed | $98,500 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $525,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $347,500 | No Value Available | |
| Previous Owner | $359,650 | Purchase Money Mortgage |
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
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
1 in this area
96 Total Sales
-
Jerome McBride
Seller Co-Listing Agent in 2022
Jerome McBride
Compass
(617) 206-3333
1 in this area
42 Total Sales
-
A
Seller's Agent in 2016
Andrew Costanzo
Bushari Group Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72015819
APN: SOME-000074-C000000-000003-000004
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