NOT LISTED FOR SALE

55 Cedar St Unit 3 Somerville, MA 02143

Porter Square Neighborhood

Estimated Value: $519,000 - $746,000

1 Bed
1 Bath
530 Sq Ft
2.3 Acres

Highlights

  • 99,999 Sq Ft lot
  • Deck
  • Tennis Courts
  • Somerville High School Rated A-
  • Property is near public transit
  • Jogging Path

About This Home

As of June 2023

Available fully furnished. Beautiful sun-filled penthouse apartment with huge private roof deck for taking in the sun or entertaining friends. Short distance to Porter Square Redline, commuter rail, bike path, shopping, restaurants & cafes. Easy commute to Lesley University or Harvard University. Skylights and high ceilings throughout the open floor plan create a bright, spacious, modern look and feel. Wood floors in all rooms except the bathroom. Renovated kitchen with granite countertops, stainless steel dishwasher, gas cooking, microwave, and refrigerator. Forced hot air gas heat and central air conditioning for your comfort. In-unit washer-dryer combo for your convenience. Available September 1st for a 12-month lease.

Last Agent to Rent the Property

Lauren Holleran Team

Gibson Sotheby's International Realty Listed on: 06/12/2023

Gibson Sotheby's International Realty

Co-Listed By

Viktor Schrader

Gibson Sotheby's International Realty License #449633257

Last Renter's Agent

Lauren Holleran Team

Gibson Sotheby's International Realty Listed on: 06/12/2023

Gibson Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,939

Year Built

  • 1910

Lot Details

  • 2.3

Home Design

  • 530 Sq Ft Home
  • Entry on the 3rd floor

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,700
  • Property Available on 9/1/23
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 4887451

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,939

Year Built

1910

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2023-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2700

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 3
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Built (Public Record): 1910

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Freezer,Washer,Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 530
  • Spa YN: No
  • MAIN LO: BB5918
  • MAIN SO: BB5918

Exterior Features

  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
  • Rent Includes: Water, Sewer
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4887451
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 99999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2017
Sold by
Suttle Keven and Suttle Kevin
Bought by
Maja Sedic
Current Estimated Value
$585,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Outstanding Balance
$306,558
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$279,161
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
Maja Sedic $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maja Sedic $369,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Rented $2,700 0.0% --
06/22/2023 06/22/23 Under Contract -- -- --
06/12/2023 06/12/23 For Rent $2,700 +58.8% --
12/29/2020 12/29/20 Rented $1,700 0.0% --
12/23/2020 12/23/20 Under Contract -- -- --
12/11/2020 12/11/20 For Rent $1,700 -29.2% --
08/01/2019 08/01/19 Rented $2,400 0.0% --
07/29/2019 07/29/19 Under Contract -- -- --
07/17/2019 07/17/19 For Rent $2,400 -- --
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 $5,939 $544,400 $0 $544,400
2024 $5,479 $520,800 $0 $520,800
2023 $5,556 $537,300 $0 $537,300
2022 $5,310 $521,600 $0 $521,600
2021 $5,204 $510,700 $0 $510,700
2020 $5,044 $499,900 $0 $499,900
2019 $4,870 $452,600 $0 $452,600
2018 $4,730 $418,200 $0 $418,200
2017 $4,262 $365,200 $0 $365,200
2016 $4,233 $337,800 $0 $337,800
2015 $3,844 $304,800 $0 $304,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2023

    Lauren Holleran Team

    Gibson Sothebys International Realty

    (617) 913-2203

    9 in this area

    323 Total Sales

    Lauren Holleran Team
    Section Image

  • V

    Landlord's Co-Listing Agent in 2023

    Viktor Schrader

    Gibson Sothebys International Realty

  • Alberto Ovalle

    Seller Co-Listing Agent in 2019

    Alberto Ovalle

    Gibson Sothebys International Realty

    (617) 564-1727

    33 Total Sales

    Alberto Ovalle
    Section Image

  • l

    Buyer's Agent in 2019

    leyla yildiz

    Steve Bremis Realty Group

    (617) 596-8605

    1 Total Sale

    leyla yildiz
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73123711

MLS Property Information Network (MLS PIN)

APN: SOME-000036-A000000-000066-000003

Massachusetts Middlesex County Somerville 02143 Porter Square

55 Cedar St Unit 3, Somerville, MA

Not Listed for Sale

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