Seller's Agent in 2024
David Lilley
RE/MAX Real Estate Center
(617) 290-5868
19 in this area
142 Total Sales
53 Fairfax St Somerville, MA 02144
West Somerville NeighborhoodEstimated Value: $1,022,000 - $1,216,000
4
Beds
2
Baths
2,208
Sq Ft
$493/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- Wood Flooring
- Somerville High School Rated A-
- Property is near public transit
- Upgraded Countertops
About This Home
As of April 2024A Rare Jewel at 53 Fairfax St in West Somerville. Here's a fully rented two-family home on a sunny, tree-lined street in a highly desirable location. Walking trails and fields are at the end of the street, and the brand new Green Line MBTA Stop is a mile away, providing easy access to Boston and beyond. Trendy restaurants and shops are also nearby at perennially popular Davis Sq and Teele Sq. With two well cared for units, this house is perfect for multi-generational living, an income property, or possible condo conversion. The 1st floor is a lovely 2 bedroom unit with a separate living room, dining room, and eat-in kitchen The spacious 2nd floor unit has the same layout, but with an extra room with French doors that can easily be converted to a 3rd bedroom. Each unit has hardwood floors, sunny front / back porches, ample parking in the driveway, and laundry and storage in the basement. An exceptional opportunity for location and value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,982
Year Built
- Built in 1920
Lot Details
- 3,181 Sq Ft Lot
- Gentle Sloping Lot
- Garden
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,208 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Upgraded Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- 110 Volts
- 60 Amp Service
Listing and Financial Details
- Total Actual Rent $5,300
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:3 B:D L:38,747258
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $32,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2005
Sold by
Sheehan Dorothy C Est and Ledwell
Bought by
Ledwell Diane T and Studley Lynn M
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ledwell Diane T | -- | -- | |
| Ledwell Diane T | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $1,116,000 | +12.2% | $505 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 03/20/2024 03/20/24 | For Sale | $995,000 | -- | $451 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,506 | $871,300 | $538,900 | $332,400 |
| 2024 | $8,982 | $853,800 | $538,900 | $314,900 |
| 2023 | $8,773 | $848,500 | $538,900 | $309,600 |
| 2022 | $8,109 | $796,600 | $513,200 | $283,400 |
| 2021 | $7,919 | $777,100 | $509,500 | $267,600 |
| 2020 | $7,791 | $772,200 | $509,800 | $262,400 |
| 2019 | $7,347 | $682,800 | $464,100 | $218,700 |
| 2018 | $7,148 | $632,000 | $421,900 | $210,100 |
| 2017 | $6,886 | $590,100 | $398,000 | $192,100 |
| 2016 | $6,997 | $558,400 | $355,500 | $202,900 |
| 2015 | $6,652 | $527,500 | $328,200 | $199,300 |
Source: Public Records
Agents Affiliated with this Home
-
David Lilley
-
Casey Scholl
Buyer's Agent in 2024
Casey Scholl
Coldwell Banker Realty - Lexington
(609) 284-3147
1 in this area
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73214779
APN: SOME-000003-D000000-000038
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