NOT LISTED FOR SALE

53 Walnut St Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,279,000 - $1,688,579

3 Beds
3 Baths
2,173 Sq Ft
$684/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $617,000 $284 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $9,123/month

13 Days on Market

About This Home

As of June 2013

Set on a large lot at the crest of Prospect Hill this Victorian house has been proudly maintained by the same family for more than 50 years. Offering abundant original detail including a gracious staircase with walnut bannister. There are eight large light filled rooms with exceptional ceiling height and beautiful wood floors. In recent years the major systems and roof have been updated. Now configured as two units it awaits the new owners renovation. 1st showings Saturday open house1:30-3:00

Last Agent to Sell the Property

Laura Palumbo-Hanson

Gibson Sotheby's International Realty Listed on: 04/25/2013

Gibson Sotheby's International Realty

Last Buyer's Agent

Thalia Tringo

Thalia Tringo & Associates Real Estate, Inc.

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Lot Description: Paved Drive, City View(s), Gentle Slope
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Storm Windows, Storm Doors, Prog. Thermostat
  • Flooring: Wood, Vinyl, Hardwood
  • Basement: Full, Walk Out, Interior Access, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Asbestos
  • Exterior Features: Porch - Enclosed, Gutters, Storage Shed, Screens, City View(s), Garden Area, Stone Wall
  • Foundation: Fieldstone, Brick, Other (See Remarks)

Garage/Parking

  • Parking: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
Jun 7, 2013
Sold by
Est Buttner Theodore S and Buttner John
Bought by
Ahouse Michele L and Ahouse David R
Seller's Agent
Laura Palumbo-Hanson
Gibson Sotheby's International Realty
Buyer's Agent
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
List Price
$565,000
Sold Price
$617,000
Premium/Discount to List
$52,000
9.2%
Current Estimated Value
$1,515,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$898,417
Avg. Annual Appreciation
7.13%
Original Mortgage
$350,000
Outstanding Balance
$248,303
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,237,842

Purchase Details

Closed on
Sep 17, 2010
Sold by
Buttner Theodore S and Buttner Therese B
Bought by
Buttner Theodore S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ahouse Michele L $617,000 --
Buttner Theodore S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahouse Michele L $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2013 06/07/13 Sold $617,000 +9.2% $284 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $565,000 -- $260 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $15,889 $1,456,400 $704,700 $751,700
2024 $14,877 $1,414,200 $704,700 $709,500
2023 $13,956 $1,349,700 $704,700 $645,000
2022 $12,946 $1,271,700 $671,200 $600,500
2021 $12,157 $1,193,000 $639,200 $553,800
2020 $11,408 $1,130,600 $614,600 $516,000
2019 $11,208 $1,041,600 $534,500 $507,100
2018 $10,499 $928,300 $485,900 $442,400
2017 $9,872 $845,900 $458,300 $387,600
2016 $9,587 $765,100 $419,100 $346,000
Source: Public Records

Agents Affiliated with this Home

  • Laura Palumbo-Hanson

    Seller's Agent in 2013

    Laura Palumbo-Hanson

    Gibson Sothebys International Realty

    (617) 413-5537

    3 in this area

    30 Total Sales

    Laura Palumbo-Hanson
    Section Image
  • Thalia Tringo

    Buyer's Agent in 2013

    Thalia Tringo

    Thalia Tringo & Associates Real Estate, Inc.

    (617) 513-1967

    11 in this area

    103 Total Sales

    Thalia Tringo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71514542

MLS Property Information Network (MLS PIN)

APN: SOME-000072-B000000-000040

Massachusetts Middlesex County Somerville 02143 Prospect Hill

53 Walnut St, Somerville, MA

Not Listed for Sale

MultiFamily

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