NOT LISTED FOR SALE

Estimated Value: $1,277,000 - $1,353,334

5 Beds
3 Baths
2,592 Sq Ft
$508/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $825,000 $318 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,482/month

15 Days on Market

About This Home

As of April 2015

Showings have ended. Offers must be rec'd on/before 5p.m. 3-23-15. SOLID 3-Family ON CORNER LOT WITH A DOUBLE-WIDE, PAVED DRIVEWAY W/6 CAR PKG. IN PRIME EAST ARLINGTON LOCATION. EASY BUS ACCESS INTO BOSTON, CAMBRIDGE & SOMERVILLE W/ MANY BUS ROUTES ALONG MASS AVE & BDWY. FEATURES INCLUDE GAS HEAT/HOT WATER ( gas conversion in '07 w/ 3 Burnham boilers), ALL REPLACEMENT WINDOWS '07, PARTIAL NEW ROOF '07, HDWD. FLOORS IN ALMOST ALL ROOMS, FRONT & REAR OPEN PORCHES, 3 C/B ELEC. PANELS & FULL BASEMENT W/ AMPLE STORAGE. Units 1 & 2 are classic 5 room, 2 bed.,1 bath apartments with eat-in kitchens & a dining room that opens to the living room. Unit 2 has an in-unit laundry. Laundry for Unit 1 is in the basement w/ interior base. access. Units 2 & 3 are in need of some updating. SUPERB SOMERVILLE/CAMB. LINE close to Alewife, MA Ave., Davis & Porter Sq.,Rte.2, bike path.& so much more. Property is being sold "AS IS." All units are tenanted. ALL LEASES EXPIRE ON 8-31-15

Last Agent to Sell the Property

Patricia Chartier

RE/MAX Andrew Realty Services Listed on: 03/16/2015

RE/MAX Andrew Realty Services

Last Buyer's Agent

Robin Repucci

Compass

Compass

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,506

Year Built

1922

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers, Individually Metered
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Tile, Vinyl, Laminate, Hardwood
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Gutters, Storage Shed, Other (See Remarks)
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Dryer, Washer Hookup

Lot Info

  • Assessor Parcel Number: M:035.0 B:0001 L:0012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Grassia Mark A
Bought by
Grassia Mark A and Grassia Elena
Current Estimated Value
$1,316,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,900,000
Outstanding Balance
$4,474,803
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$3,216,878

Purchase Details

Closed on
Jan 17, 2008
Sold by
Greenly Duane and Greenly Robin
Bought by
Greenly Robin

Purchase Details

Closed on
Jul 27, 2007
Sold by
Magliozzi Ret and Magliozzi
Bought by
Magliozzi Joseph O and Magliozzi Magliozzi-Melchionno D
Source: Public Records

Range of Values:

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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
Grassia Mark A -- None Available
Grassia Mark A -- None Available
Greenly Robin -- --
Greenly Robin -- --
Magliozzi Joseph O -- --
Magliozzi Joseph O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathew Stanley $1,186,350
Closed Mathew Stanley $1,186,350
Open Grassia Mark A $4,900,000
Closed Grassia Mark A $4,900,000
Previous Owner Grassia Mark A $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $825,000 +21.3% $318 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $679,900 -- $262 / 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 $14,506 $1,346,900 $549,000 $797,900
2024 $13,214 $1,247,800 $522,600 $725,200
2023 $13,488 $1,203,200 $438,200 $765,000
2022 $13,488 $1,181,100 $422,300 $758,800
2021 $13,040 $1,149,900 $422,300 $727,600
2020 $12,705 $1,148,700 $422,300 $726,400
2019 $11,118 $987,400 $448,700 $538,700
2018 $10,505 $866,000 $327,300 $538,700
2017 $9,974 $794,100 $285,100 $509,000
2016 $10,217 $798,200 $242,800 $555,400
2015 -- $593,200 $237,600 $355,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71801561

MLS Property Information Network (MLS PIN)

APN: ARLI-000035-000001-000012