NOT LISTED FOR SALE

50 Florence St Unit 3 Somerville, MA 02145

East Somerville Neighborhood

Estimated Value: $492,000 - $596,000

1 Bed
1 Bath
605 Sq Ft
$160/mo HOA Fee

Last Sold November 14, 2016

Last sale price $370,000 $612 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,450/month

6 Days on Market

Highlights

  • No Units Above
  • Forced Air Heating System
  • 1-minute walk to Symphony Park
  • Somerville High School Rated A-
  • Community Storage Space

About This Home

As of November 2016

Finally, an affordable, well kept, spacious top floor one bedroom condo in a thriving East Somerville location - close to Sullivan Sq, Union Sq and Assembly Row. This unit would make an ideal first home, investment or pied de terre. Open floor plan, extra large master bedroom with nursery or office nook, updated kitchen, in unit laundry, exposed brick and an oversized back deck. Newly restored Symphony Park directly across the street and charming row houses on this tree lined street, this opportunity is not to be missed! LOW ownership costs- Modest Condo Fee and pay next to no real estate taxes with Somerville's Residential Exemption! Offers will be reviewed Tuesday 9/13 at 6PM.

Last Agent to Sell the Property

Alex Genovese

Flow Realty, Inc. Listed on: 09/08/2016

Co-Listed By

Tom Fitzpatrick

Flow Realty, Inc.

Last Buyer's Agent

Elena Kac, Ph.D

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $238

Year Built

  • Built in 1890

Lot Details

  • No Units Above

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 605 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 4689158

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, reserve funds
  • 6 Units
  • Low-Rise Condominium

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$238

Year Built

Built in 1890

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1890
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 605
  • Stories Total: 1
  • MAIN LO: NB4184
  • MAIN SO: M59500

Exterior Features

  • Common Walls: No One Above
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 160
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Reserve Funds

Lot Info

  • Parcel Number: 4689158
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 238

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2007
Sold by
Batmasian James H
Bought by
Chrusz Stephanie B
Current Estimated Value
$539,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$81,744
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$457,795
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chrusz Stephanie B $203,000 --
Batmasian James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chrusz Stephanie B $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2016 11/14/16 Sold $370,000 +23.4% $612 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $299,900 -- $496 / 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 $5,520 $506,000 $0 $506,000
2024 $5,184 $492,800 $0 $492,800
2023 $5,096 $492,800 $0 $492,800
2022 $4,827 $474,200 $0 $474,200
2021 $4,733 $464,500 $0 $464,500
2020 $4,642 $460,100 $0 $460,100
2019 $3,364 $312,600 $0 $312,600
2018 $3,670 $324,500 $0 $324,500
2017 $2,724 $233,400 $0 $233,400
2016 $2,862 $228,400 $0 $228,400
2015 $2,421 $192,000 $0 $192,000
Source: Public Records

Agents Affiliated with this Home

  • Alex Genovese

    Seller's Agent in 2016

    Alex Genovese

    Flow Realty, Inc.

    (781) 720-8236

    95 Total Sales

    Alex Genovese
    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Tom Fitzpatrick

    Flow Realty, Inc.

    Section Image
  • Elena Kac, Ph.D

    Buyer's Agent in 2016

    Elena Kac, Ph.D

    William Raveis R.E. & Home Services

    (617) 935-6673

    18 Total Sales

    Elena Kac, Ph.D
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72063783

MLS Property Information Network (MLS PIN)

APN: SOME-000105-A000000-000004-000050-3

Massachusetts Middlesex County Somerville 02145 East Somerville

50 Florence St Unit 3, Somerville, MA

Not Listed for Sale

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