NOT LISTED FOR SALE

52 Pearson Ave Somerville, MA 02144

Estimated Value: $1,453,000 - $1,682,205

6 Beds
3 Baths
3,173 Sq Ft
$501/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $1,300,000 $410 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,671/month

16 Days on Market

About This Home

As of July 2019

Well maintained Philadelphia style two family in prime Somerville location! Short walk to Davis Square, Porter Square, and the new green line extension in Ball Square. Unit 1 features 2 bedrooms with a separate living and dining space. Unit 2 features 4 bedrooms and 1.5 baths over 2 levels, and is tenanted through 8/31/19 for $4000/mo. First floor to be delivered vacant. Excellent opportunity for an owner occupant, investor, or developer. Open house Sunday, 5/19, from 12:00pm-1:30pm

Last Agent to Sell the Property

Allen Garzone

Compass License #449550408 Listed on: 05/15/2019

Last Buyer's Agent

Amy Frizzi

Ivy Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,888

Year Built

  • Built in 1920

Lot Details

  • 3,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,888

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Unknown/Mixed
  • List Price Per Sq Ft: 393.63
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 12
  • Main Lo: AN2383
  • Main So: AN4225
  • Estimated Sq Ft: 3173.00

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 1046800.00
  • Acre: 0.08
  • Lot Size: 3400.00
  • Page: 198
  • Zoning: Condo
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 4000
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 11263.50
  • Assessor Parcel Number: 751070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 2, 2019
Sold by
Gagliardi Joanne
Bought by
Kimball Sarah and Sickinger Russell J
Seller's Agent
Allen Garzone
Compass
Buyer's Agent
Amy Frizzi
Ivy Realty Group
List Price
$1,249,000
Sold Price
$1,300,000
Premium/Discount to List
$51,000
4.08%
Total Days on Market
16
Current Estimated Value
$1,588,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,551
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,040,000
Outstanding Balance
$922,229
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$646,921
Source: Public Records

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Range of Values:

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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
Kimball Sarah $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimball Sarah $1,040,000
Previous Owner Gagliardi Joanne $106,000
Previous Owner Gagliardi Joann $592,000
Previous Owner Gagliardi Joann $488,000
Previous Owner Gagliardi Joann $75,000
Previous Owner Gagliardi Joann $327,000
Previous Owner Gagliardi Joann $77,000
Previous Owner Gagliardi Joann $65,000
Previous Owner Gagliardi Jo-Ann $325,900
Previous Owner Gagliardi Philip G $321,900
Previous Owner Gagliardi Philip G $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $1,300,000 +4.1% $410 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $1,249,000 -- $394 / 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 $14,888 $1,364,600 $690,900 $673,700
2024 $14,230 $1,352,700 $690,900 $661,800
2023 $13,513 $1,306,900 $690,900 $616,000
2022 $12,727 $1,250,200 $658,000 $592,200
2021 $12,355 $1,212,500 $653,200 $559,300
2020 $11,908 $1,180,200 $653,700 $526,500
2019 $11,264 $1,046,800 $595,000 $451,800
2018 $10,387 $918,400 $541,000 $377,400
2017 $10,189 $873,100 $510,300 $362,800
2016 $9,855 $786,500 $455,800 $330,700
2015 $9,441 $748,700 $420,900 $327,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72501163

MLS Property Information Network (MLS PIN)

APN: SOME-000028-D000000-000004