NOT LISTED FOR SALE

53 Columbus Ave Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,498,000 - $1,819,000

9 Beds
6 Baths
3,405 Sq Ft
$502/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $1,640,000 $482 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,900/month

50 Days on Market

About This Home

As of January 2017

Attn. Investors, Condo Converters and Owner Occupants. This beautiful Historic ca.1874 Mansard 3 family. Each unit offers three bedrooms and there is ample off street parking including a two car garage. Unit 1 ($2700) and 2 ($3000) have been rented. Unit 3 is currently vacant. Very important to note that all of the hard work has been done here (see pics). The 2nd & 3rd fl. units (2 baths each) were extensively remodeled with new kitchen cabinets, appliances & granite counters, new modern bathrooms, new central air conditioning and updated heat and hot water. Each unit also comes with its own private washer and dryer! Located in a historic neighborhood at the top of Prospect Hill alongside many wonderful neighboring homes with historic details. The trees and gardens are abundant here giving you the feeling that you are not in the middle of the city! Yet a minutes walk away is vibrant Union Square with its many restaurants & shops to browse. The views are phenomenal!

Last Agent to Sell the Property

John

RCG Properties Listed on: 08/06/2016

Last Buyer's Agent

John Federico

Greater Metropolitan R. E.

Property Details

Home Type

Multi-Family

Year Built

1874

Lot Details

0

Listing Details

  • Lot Description: Corner, City View(s), Scenic View(s)
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1874

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, University
  • Electric: 60 Amps/Less, 100 Amps, Individually Metered
  • Energy: Insulated Windows
  • Flooring: Wood
  • Basement: Full, Concrete Floor, Unfinished Basement
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch, Covered Patio/Deck, Storage Shed, Professional Landscaping, City View(s), Fruit Trees, Garden Area, Stone Wall
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 3

Utilities

  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: Res
  • Lot: 7

Multi Family

  • Cooling Units: 3
  • Heat Units: 3
  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Gambale Suffolk County Rt and Gambale
Bought by
Kgd Llc
Current Estimated Value
$1,708,515

Purchase Details

Listed on
Aug 6, 2016
Closed on
Jan 5, 2017
Sold by
Rcg Columbus Renewal L
Bought by
Gambale Suffolk County and Gambale
Seller's Agent
John
RCG Properties
Buyer's Agent
John Federico
Greater Metropolitan R. E.
List Price
$1,675,000
Sold Price
$1,640,000
Premium/Discount to List
-$35,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$500,000
Interest Rate
4.03%
Mortgage Type
New Conventional
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
Kgd Llc -- None Available
Kgd Llc -- None Available
Gambale Suffolk County $1,640,000 --
Gambale Suffolk County $1,640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gambale Suffolk County $500,000
Previous Owner Gambale Suffolk County $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2017 01/06/17 Sold $1,640,000 -2.1% $482 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $1,675,000 0.0% $492 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/27/2016 08/27/16 Price Changed $1,675,000 -4.3% $492 / Sq Ft
08/06/2016 08/06/16 For Sale $1,750,000 +100.0% $514 / Sq Ft
05/21/2014 05/21/14 Sold $875,000 -5.9% $259 / Sq Ft View Prior Sale
04/22/2014 04/22/14 For Sale $929,900 -- $275 / 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 $22,952 $2,103,800 $639,400 $1,464,400
2024 $21,466 $2,040,500 $639,400 $1,401,100
2023 $20,968 $2,027,900 $639,400 $1,388,500
2022 $20,077 $1,972,200 $609,000 $1,363,200
2021 $18,446 $1,810,200 $580,000 $1,230,200
2020 $17,210 $1,705,600 $557,700 $1,147,900
2019 $15,866 $1,474,500 $484,900 $989,600
2018 $12,094 $1,069,300 $440,900 $628,400
2017 $11,965 $1,025,300 $416,000 $609,300
2016 $8,748 $698,200 $380,300 $317,900
2015 $8,663 $687,000 $378,300 $308,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John

    RCG Properties

    16 Total Sales

    John
    Section Image

  • J

    Buyer's Agent in 2017

    John Federico

    Greater Metropolitan R. E.

    Section Image

  • R

    Seller's Agent in 2014

    Randy Ray

    Berkshire Hathaway HomeServices Verani Realty

  • Deborah Byrne

    Buyer's Agent in 2014

    Deborah Byrne

    Berkshire Hathaway HomeServices Verani Realty

    (617) 201-4730

    11 Total Sales

    Deborah Byrne
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72049505

MLS Property Information Network (MLS PIN)

APN: SOME-000080-E000000-000007

Massachusetts Middlesex County Somerville 02143 Prospect Hill

53 Columbus Ave, Somerville, MA

Not Listed for Sale

MultiFamily

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