NOT LISTED FOR SALE

Estimated Value: $710,009 - $760,000

2 Beds
1 Bath
1,195 Sq Ft
$307/mo HOA Fee

Last Sold July 12, 2019

Last sale price $593,000 $496 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,736/month

6 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • 4-minute walk to Foss Park

About This Home

As of July 2019

Ideal for commuters! This bright and spacious 2 bedroom, 1 bath unit is very close to 93, Sullivan Square Orange line, Assembly Row Station & the upcoming Green Line Gilman Square Stop, close to Union Square, very close to Mystic River bike path, steps from the bus stop. Close to some of the best restaurants in Greater Boston such as Sarma, LaBrasa and Winter Hill Brewery. Only a few blocks from Foss Park, Somerville's largest park. Walking distance to the new riverfront Assembly Row area with theater complex, restaurants and Outlet stores. Deeded off street parking and a lovely side yard for additional outdoor space. Hardwood floors, laundry in unit, oil heat, high ceilings, porch off the kitchen, separate laundry room with potential to add a 2nd bathroom and extra storage space in basement. 100% owner occupied, professionally managed, pet friendly.

Last Agent to Sell the Property

Bill Butler

Leading Edge Real Estate Listed on: 06/06/2019

Leading Edge Real Estate

Co-Listed By

Bill Butler

Leading Edge Real Estate

Last Buyer's Agent

Luke Welling

Redfin Corp. License #449592150

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1910

HOA Fees

  • $307 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,195 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Baseboard Heating
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number M:70 B:A L:1 U:513,4271902

Community Details

Overview

  • Association fees include water, sewer, ground maintenance, snow removal
  • 6 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,267

Year Built

Built in 1910

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1910
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Internet Available - Unknown
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Third
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Balcony / Deck, Countertops - Stone/Granite/Solid
  • Laundry Features: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Hardwood
  • Accessibility Features: No
  • Living Area: 1195
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: AN4643
  • MAIN SO: NB3534

Exterior Features

  • Exterior Features: Balcony
  • Patio And Porch Features: Porch, Deck - Roof + Access Rights
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 306.76
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:70 B:A L:1 U:513,4271902
  • Zoning: UR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4267

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 12, 2019
Sold by
Sherpa Gelbu and Shrestha-Sherpa Deena
Bought by
Olear Ryan F and Hermsen Rachel L
Seller's Agent
Bill Butler
Leading Edge Real Estate
Buyer's Agent
Luke Welling
Redfin Corp.
List Price
$559,900
Sold Price
$593,000
Premium/Discount to List
$33,100
5.91%
Current Estimated Value
$738,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,252
Avg. Annual Appreciation
3.50%
Original Mortgage
$443,000
Outstanding Balance
$388,744
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$349,508

Purchase Details

Closed on
Apr 28, 2016
Sold by
Sherpa Gelbu
Bought by
Sherpa Gelbu and Shrestha-Sherpa Deena

Purchase Details

Closed on
Aug 1, 2011
Sold by
Freeman Borden F
Bought by
Sherpa Gelbu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olear Ryan F $593,000 --
Sherpa Gelbu -- --
Sherpa Gelbu $252,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olear Ryan F $443,000
Previous Owner Sherpa Gelbu $202,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $593,000 +5.9% $496 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $559,900 -- $469 / 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 $6,460 $592,100 $0 $592,100
2024 $6,067 $576,700 $0 $576,700
2023 $6,231 $602,600 $0 $602,600
2022 $5,905 $580,100 $0 $580,100
2021 $5,792 $568,400 $0 $568,400
2020 $5,070 $502,500 $0 $502,500
2019 $4,267 $396,600 $0 $396,600
2018 $4,397 $388,800 $0 $388,800
2017 $3,827 $327,900 $0 $327,900
2016 $3,809 $304,000 $0 $304,000
2015 $3,275 $259,700 $0 $259,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72513895

MLS Property Information Network (MLS PIN)

APN: SOME-000070-A000000-000001-000051-3