NOT LISTED FOR SALE

Estimated Value: $1,347,383 - $1,401,000

5 Beds
3 Baths
2,674 Sq Ft
$511/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $1,180,000 $441 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,592/month

59 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Porch
  • Somerville High School Rated A-
  • Jogging Path
  • Park

About This Home

As of December 2022

Somerville/Cambridge Line! Outstanding Opportunity for Investor/Developer/Homeowner! Three Family Home Steps To Inman Sq. Cambridge.Walk to Union Square and the New Green Line Station. Home Needs Updating and is a Diamond in the Rough. There are Lots of Old World Charm , with Parking, Beautiful Yard, Rear Deck with Views of Boston.Walk to Grocery Store and Many Nearby Restaurants. Bike to Boston, Central and Porter Square! Lots of Potential to Redesign and Make This The Perfect Home or Investment!

Last Listed By

John Buccelli

Berkshire Hathaway HomeServices Verani Realty Listed on: 09/24/2022

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,941

Year Built

  • Built in 1920

Lot Details

  • 2,890 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 2,674 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Porch
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,600
  • Assessor Parcel Number M:76 B:A L:25,758498

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,941

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2674
  • Stories Total: 6
  • MAIN LO: AN0992
  • LIST PRICE PER Sq Ft: 467.46
  • PRICE PER Sq Ft: 441.29
  • MAIN SO: AN0992

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar, Other
  • Patio And Porch Features: Porch
  • Road Surface Type: Paved
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, University

Lot Info

  • Parcel Number: M:76 B:A L:25,758498
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2890
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11941
  • Tax Book Number: 0

Multi Family

  • Gross Income: 31200
  • Net Operating Income: 31200
  • Number Of Units Total: 3
  • Total Actual Rent: 2600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
Perry Irene
Bought by
Perry Alice J and Perry David
Total Days on Market
59
Current Estimated Value
$1,366,346

Range of Values:

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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
Perry Alice J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Benny $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $1,180,000 -5.6% $441 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/15/2022 11/15/22 Price Changed $1,250,000 +4.2% $467 / Sq Ft
11/04/2022 11/04/22 Price Changed $1,200,000 -7.3% $449 / Sq Ft
10/14/2022 10/14/22 Price Changed $1,294,876 0.0% $484 / Sq Ft
09/24/2022 09/24/22 For Sale $1,295,000 -- $484 / 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 $12,207 $1,118,900 $705,700 $413,200
2024 $11,583 $1,101,000 $705,700 $395,300
2023 $12,572 $1,215,900 $705,700 $510,200
2022 $11,941 $1,173,000 $672,100 $500,900
2021 $11,125 $1,091,800 $640,100 $451,700
2020 $10,461 $1,036,800 $615,500 $421,300
2019 $9,528 $885,500 $522,700 $362,800
2018 $8,815 $779,400 $475,100 $304,300
2017 $8,463 $725,200 $430,300 $294,900
2016 $8,790 $701,500 $423,000 $278,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73040653

MLS Property Information Network (MLS PIN)

APN: SOME-000076-A000000-000025