Alex Wong
Serhant
(857) 365-2114
45 Total Sales
1 in Spring Hill
$786,500 Price
50 Dane St Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $1,194,000 - $1,583,000
5
Beds
2
Baths
2,110
Sq Ft
$640/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- Jogging Path
- Somerville High School Rated A-
- Wood Flooring
- 1-minute walk to Palmacci Playground
About This Home
As of September 2022Incredible opportunity for both “house hacking” owner occupants and investors alike! This spacious 2-family features an ideal location between Union, Porter, and Inman Squares, 3 off-street parking spots and in-unit washer/dryers. Other highlights of the home include: hardwood floors, additional basement storage space, separate utilities, updated kitchen in Unit 1, well organized heating/electric systems, and a yard w/patio. This home is just a short distance to 2-T stops (Red & Green Line), Harvard University & Perry Park, along with easy access to I-93 and numerous shopping, restaurant, and brewery options in Somerville/Cambridge. Estimated rent for both units is: $5,700-$6,000 with even further room for income growth through updates and rental appreciation! OPEN HOUSE: Sun 8/7 from 1100am-1200pm.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,516
Year Built
- Built in 1885
Lot Details
- 2,974 Sq Ft Lot
- Garden
Home Design
- Duplex
- Brick Foundation
Interior Spaces
- 2,110 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer and Gas Dryer Hookup
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near public transit and schools
Schools
- Albert Argenzia Middle School
- Somerville High School
Utilities
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,000
- Assessor Parcel Number M:64 B:C L:30,756885
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $36,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2022
Closed on
Sep 28, 2022
Sold by
Bought by
Seller's Agent
Chris Mehr
Full Circle Realty LLC
Buyer's Agent
Lucy Luo
Luo&Co. Realty
List Price
$1,099,900
Sold Price
$1,065,000
Premium/Discount to List
-$34,900
-3.17%
Views
4
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
$284,826
Avg. Annual Appreciation
6.37%
Original Mortgage
$850,000
Outstanding Balance
$800,645
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$549,181
Purchase Details
Closed on
Jul 19, 2018
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spring Hill, MA
-
Alex Wong
-
Steven Mango
Steven Mango
StartPoint Realty
(339) 444-1357
61 Total Sales
1 in Spring Hill
$765,000 Price
-
William Loring
William Loring
William Raveis R.E. & Home Services
(339) 444-2844
25 Total Sales
1 in Spring Hill
$1,425,000 Price
-
Tim McDonald
Tim McDonald
Responds Quickly(508) 796-8265
52 Total Sales
1 in Spring Hill
$720,000 Price
-
Nathan Long
Nathan Long
Coldwell Banker Realty - Cambridge
(857) 829-6314
37 Total Sales
1 in Spring Hill
$1,825,000 Price
-
Michael Albano
Michael Albano
ERA Metropolitan Homes
(857) 365-2073
14 Total Sales
1 in Spring Hill
$1,300,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,065,000 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $850,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $90,000 | ||
| Closed | $45,000 | ||
| Previous Owner | $30,000 | ||
| Previous Owner | $5,650 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2022 09/28/22 | Sold | $1,065,000 | -3.2% | $505 / Sq Ft |
| 08/17/2022 08/17/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | For Sale | $1,099,900 | -- | $521 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,544 | $1,058,100 | $712,900 | $345,200 |
| 2024 | $10,923 | $1,038,300 | $712,900 | $325,400 |
| 2023 | $11,236 | $1,086,700 | $712,900 | $373,800 |
| 2022 | $10,516 | $1,033,000 | $679,000 | $354,000 |
| 2021 | $9,927 | $974,200 | $646,600 | $327,600 |
| 2020 | $9,396 | $931,200 | $621,800 | $309,400 |
| 2019 | $8,745 | $812,700 | $528,000 | $284,700 |
| 2018 | $8,065 | $713,100 | $480,000 | $233,100 |
| 2017 | $7,570 | $648,700 | $434,700 | $214,000 |
| 2016 | $7,931 | $633,000 | $427,300 | $205,700 |
| 2015 | $7,545 | $598,300 | $394,200 | $204,100 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Mehr
Seller's Agent in 2022
Chris Mehr
Full Circle Realty LLC
(617) 721-0947
3 in this area
231 Total Sales
-
Lucy Luo
Buyer's Agent in 2022
Lucy Luo
Luo&Co. Realty
(508) 838-5538
1 in this area
31 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73015712
APN: SOME-000064-C000000-000030
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.
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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