Seller's Agent in 2022
Marius Gallitano
Compass
(617) 852-3936
5 in this area
81 Total Sales
53 Madison St Unit 2 Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $1,022,000 - $1,198,000
4
Beds
3
Baths
1,715
Sq Ft
$207/mo
HOA Fee
Highlights
- Medical Services
- No Units Above
- Deck
- Somerville High School Rated A-
- Open Floorplan
- 3-minute walk to Hoyt-Sullivan Playground
About This Home
As of September 2022Welcome to this fresh & sparkling 4 Bed/3 Bath condo on the 2nd/3rd flr of recent reno, tucked away on a 1-way, tree lined st. Steps to the New Gilman St Green Line. Welcoming Curb Appeal with landscaped Front Entry and Porch leading up to your inviting, open Kitchen/Dining/Living area. Have your own Ensuite Primary or enjoy a flex Den/Guest Room. Full 2nd Bath & bright Office, plus ultra convenient Laundry. 3rd level is well planned having 3 Bedrooms with vaulted ceilings, ample storage, and another full Bath. Lovely trees & Patio in the rear for more entertaining or play. Exclusive 2 Car Parking and caged basement storage. Somerville offers that sense of community & culture many are searching for. Dine out & walk to Sarma & Highland Kitchen & more. Just 2 blocks to multiple parks, Assembly Row is nearby, only 4 miles to Boston. Ideal for working from home or commuting. Move in by the end of Summer and yes to Central A/C. This one checks a lot of boxes.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,387
Year Built
- Built in 1900 | Remodeled
Lot Details
- No Units Above
- Fenced
HOA Fees
- $207 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,715 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Skylights
- Dining Area
- Home Office
- Basement
Kitchen
- Stove
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Laundry on upper level
- Washer and Electric Dryer Hookup
Parking
- 2 Car Parking Spaces
- Off-Street Parking
- Deeded Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 4936350
Community Details
Overview
- Association fees include insurance
- 2 Units
- 53 Madison Condo Assocation Community
Amenities
- Medical Services
- Common Area
- Shops
Recreation
- Park
Pet Policy
- Pets Allowed
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2022
Closed on
Sep 1, 2022
Sold by
Kimchi Eyal Y and Spencer Andrea E
Bought by
Naval Ian and Jananthan Hayden
Seller's Agent
Marius Gallitano
Compass
Buyer's Agent
Allan Fils-Aime
Ivy Realty Group
List Price
$899,000
Sold Price
$915,000
Premium/Discount to List
$16,000
1.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,971
Avg. Annual Appreciation
4.93%
Original Mortgage
$732,000
Outstanding Balance
$699,052
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$371,919
Purchase Details
Closed on
Jul 2, 2014
Sold by
53 Madison Llc
Bought by
Spencer Andrea E and Kimchi Eyal Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,800
Interest Rate
4.16%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Naval Ian | $915,000 | None Available | |
| Spencer Andrea E | $633,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Naval Ian | $732,000 | |
| Previous Owner | Spencer Andrea E | $506,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/01/2022 09/01/22 | Sold | $915,000 | +1.8% | $534 / Sq Ft |
| 07/24/2022 07/24/22 | Pending | -- | -- | -- |
| 07/20/2022 07/20/22 | For Sale | $899,000 | -- | $524 / 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 | $9,782 | $896,600 | $0 | $896,600 |
| 2024 | $9,034 | $858,700 | $0 | $858,700 |
| 2023 | $8,769 | $848,100 | $0 | $848,100 |
| 2022 | $8,387 | $823,900 | $0 | $823,900 |
| 2021 | $8,225 | $807,200 | $0 | $807,200 |
| 2020 | $7,977 | $790,600 | $0 | $790,600 |
| 2019 | $7,724 | $717,800 | $0 | $717,800 |
| 2018 | $8,290 | $733,000 | $0 | $733,000 |
| 2017 | $7,974 | $683,300 | $0 | $683,300 |
| 2016 | $7,514 | $599,700 | $0 | $599,700 |
Source: Public Records
Agents Affiliated with this Home
-
Marius Gallitano
-
Allan Fils-Aime
Buyer's Agent in 2022
Allan Fils-Aime
Ivy Realty Group
(617) 505-8321
2 in this area
19 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73015030
APN: SOME M:50 B:E L:40 U:2
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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