NOT LISTED FOR SALE

Estimated Value: $1,218,000 - $2,214,684

4 Beds
2 Baths
2,166 Sq Ft
$725/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $875,000 $404 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,692/month

3 Days on Market

Highlights

  • Medical Services
  • City View
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit and schools
  • 4-minute walk to Foss Park

About This Home

As of May 2022

Here is a great opportunity to get something in Somerville near Assembly Row, highway access, shopping, public transportation and so on. This 2-Family has 1 bedroom and 1 full bath on the first floor and the second unit has 3 bedrooms and a full bath. Unit 2 has a large eat in kitchen area. Both units have access to the basement for storage and laundry as well as the large backyard which is a very uncommon feature in Somerville. The seller has never rented out a unit but instead had their daughter living there who has since moved out. Because of this, there is no rent roll.

Last Agent to Sell the Property

Frederick Dodd

Cameron Real Estate Group Listed on: 03/09/2022

Cameron Real Estate Group

Last Buyer's Agent

Stivaletta Team

The Agency Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,849

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced

Property Views

  • City
  • Scenic Vista

Home Design

  • Stone Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 2,166 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Mud Room

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:69 B:H L:32,757539

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,849

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Mudroom, Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Sump Pump, Concrete
  • Living Area: 2166
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AC0756
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Slate
  • View: City View(s), Scenic View(s), City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: 110 Volts
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:69 B:H L:32,757539
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5000

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7849

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
55 Derby Street Llc
Bought by
Kirschbaum Brian and Kirschbaum Emily M
Current Estimated Value
$1,569,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$641,075
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$928,846

Purchase Details

Closed on
Feb 2, 2024
Sold by
55 Derby Street Llc
Bought by
Schwab Michail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 17, 2022
Sold by
Rock Collin and Rock Gloria
Bought by
55 Derby Street Llc
Seller's Agent
Frederick Dodd
Cameron Real Estate Group
Buyer's Agent
Stivaletta Team
The Agency Boston
List Price
$869,900
Sold Price
$875,000
Premium/Discount to List
$5,100
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.22%
Original Mortgage
$1,572,000
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1995
Sold by
Volpe Frank J and Volpe Theresa G
Bought by
Rock Collin N and Rock Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,039
Interest Rate
9.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kirschbaum Brian $1,150,000 None Available
Kirschbaum Brian $1,150,000 None Available
Schwab Michail A $1,350,000 None Available
Schwab Michail A $1,350,000 None Available
55 Derby Street Llc $875,000 None Available
Rock Collin N $129,000 --
Rock Collin N $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirschbaum Brian $650,000
Closed Kirschbaum Brian $650,000
Previous Owner Schwab Michail A $700,000
Previous Owner 55 Derby Street Llc $1,572,000
Previous Owner Rock Collin N $55,000
Previous Owner Rock Collin N $125,600
Previous Owner Rock Collin N $133,039
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $875,000 +0.6% $404 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $869,900 -- $402 / 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 $18,477 $1,693,600 $423,500 $1,270,100
2024 $11,276 $1,071,900 $423,500 $648,400
2023 $8,393 $811,700 $423,500 $388,200
2022 $7,849 $771,000 $403,300 $367,700
2021 $7,201 $706,700 $366,400 $340,300
2020 $6,798 $673,700 $352,300 $321,400
2019 $6,371 $592,100 $296,400 $295,700
2018 $5,984 $529,100 $269,500 $259,600
2017 $5,749 $492,600 $254,200 $238,400
2016 $5,457 $435,500 $206,400 $229,100
2015 $5,456 $432,700 $205,300 $227,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72950345

MLS Property Information Network (MLS PIN)

APN: SOME-000069-H000000-000032