Seller's Agent in 2023
Laura Palumbo-Hanson
Gibson Sothebys International Realty
(617) 413-5537
2 in this area
34 Total Sales
50 Bow St Unit 6 Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $707,000 - $751,000
1
Bed
1
Bath
959
Sq Ft
$386/mo
HOA Fee
Highlights
- Medical Services
- City View
- Landscaped Professionally
- Somerville High School Rated A-
- Open Floorplan
- 4-minute walk to Quincy Street Open Space
About This Home
As of July 2023“Diverse, vibrant, and artistic, Union Square is alive with activity seven days a week.” This sophisticated loft style condominium is in an 1894 Italianate, brick elevator building. It is a gloriously light filled, first floor corner unit with an open-plan living space, 11 foot ceiling height and elegant finishes including beautiful mahogany floors & five massive 8 foot tall windows. The oversized galley-kitchen has high-end stainless steel appliances, absolute-black honed granite countertops, cherry cabinetry and an enormous working island. An in-unit laundry, central air conditioning, and deeded parking are just a few of the additional features this spectacular unit offers. Located in the heart of Union Square, which is the, home of the renown Bow Street Market, and a fantastic Saturday Farmers Market, as well as the Fluff Festival, and the Union Square green line MBTA station. With a WalkScore of 98 and a BikeScore of 99 life couldn't be much more convenient than when you live here!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,032
Year Built
- Built in 1874
Lot Details
- Fenced
- Landscaped Professionally
HOA Fees
- $386 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Frame Construction
- Rubber Roof
Interior Spaces
- 959 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Insulated Windows
- Window Screens
- City Views
- Intercom
Kitchen
- Breakfast Bar
- Oven
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- ENERGY STAR Range
- ENERGY STAR Cooktop
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
- Low Flow Toliet
- Bathtub with Shower
Laundry
- Laundry in unit
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Parking
- 1 Car Parking Space
- Paved Parking
- Open Parking
- Deeded Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Argenziano Elementary School
- Somerville High School
Utilities
- Mini Split Air Conditioners
- Central Air
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- Hydro-Air Heating System
- Individual Controls for Heating
- 220 Volts
- 100 Amp Service
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Handicap Accessible
- Energy-Efficient Thermostat
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 3/6 / C
- Assessor Parcel Number 4561036
Community Details
Overview
- Association fees include insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 14 Units
- Mid-Rise Condominium
- Urbanica 50 Condominium Trust Community
Amenities
- Medical Services
- Common Area
- Shops
- Elevator
Recreation
- Park
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2023
Closed on
Jul 20, 2023
Sold by
Fabbe Kristin E and Georgiou Andreas
Bought by
Zhou Xiaochen and Hu Yifan
Seller's Agent
Laura Palumbo-Hanson
Gibson Sotheby's International Realty
Buyer's Agent
Hua Jiang
StartPoint Realty
List Price
$680,000
Sold Price
$735,000
Premium/Discount to List
$55,000
8.09%
Total Days on Market
7
Views
33
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
$3,425
Avg. Annual Appreciation
0.26%
Original Mortgage
$435,000
Outstanding Balance
$426,614
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$311,811
Purchase Details
Closed on
Sep 30, 2008
Sold by
Ringland Barry
Bought by
Towsley Donald F and Towsley Kristal Jane
Purchase Details
Closed on
Sep 1, 2005
Sold by
50 Bow St Rt and Zahedi
Bought by
Ringland Barry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhou Xiaochen | $735,000 | None Available | |
| Towsley Donald F | $323,000 | -- | |
| Ringland Barry | $399,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhou Xiaochen | $435,000 | |
| Previous Owner | Fabbe Kristin E | $40,000 | |
| Previous Owner | Ringland Barry | $319,200 | |
| Previous Owner | Ringland Barry | $59,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2023 07/20/23 | Sold | $735,000 | +8.1% | $766 / Sq Ft |
| 06/08/2023 06/08/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $680,000 | +9.3% | $709 / Sq Ft |
| 05/31/2016 05/31/16 | Sold | $622,000 | +20.1% | $649 / Sq Ft |
| 05/05/2016 05/05/16 | Pending | -- | -- | -- |
| 04/27/2016 04/27/16 | For Sale | $518,000 | -- | $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 | $7,720 | $707,600 | $0 | $707,600 |
| 2024 | $7,290 | $693,000 | $0 | $693,000 |
| 2023 | $7,014 | $678,300 | $0 | $678,300 |
| 2022 | $6,548 | $643,200 | $0 | $643,200 |
| 2021 | $6,554 | $643,200 | $0 | $643,200 |
| 2020 | $6,116 | $606,100 | $0 | $606,100 |
| 2019 | $6,522 | $606,100 | $0 | $606,100 |
| 2018 | $6,254 | $553,000 | $0 | $553,000 |
| 2017 | $6,085 | $521,400 | $0 | $521,400 |
| 2016 | $6,087 | $485,800 | $0 | $485,800 |
| 2015 | $5,373 | $426,100 | $0 | $426,100 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Palumbo-Hanson
-
Dawn Felicani
Seller Co-Listing Agent in 2023
Dawn Felicani
Gibson Sothebys International Realty
(781) 820-8096
2 in this area
57 Total Sales
-
Hua Jiang
H
Buyer's Agent in 2023
Hua Jiang
StartPoint Realty
(978) 421-6392
1 in this area
18 Total Sales
-
Brian Montgomery
Buyer's Agent in 2016
Brian Montgomery
Compass
(617) 270-5598
23 Total Sales
Map
Similar Homes in Somerville, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73118213
APN: SOME-000074-C000000-000003-000006
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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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