Seller's Agent in 2023
Charles Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 666-2121
2 in this area
59 Total Sales
55 Gorham St Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $1,707,000 - $1,969,000
6
Beds
3
Baths
3,687
Sq Ft
$512/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Tandem Parking
- Fenced
- Somerville High School Rated A-
- Patio
- 3-minute walk to Somerville Community Path
About This Home
As of October 2023Special Davis Square triple-decker. Special for its ideal location on one of Davis Square’s preferred side streets; special for the exceptional condition of each of the three appox.1200 sq ft apartments, including bathrooms and kitchens remodeled in the past three years with subway tile, ceramic plank flooring, solid wood cabinets, granite countertops, and stainless steel appliances; special for its curb appeal, its long driveway, tidy backyard and designated laundry for each unit; special for its current and potential rent rolls, and its sunny top floor unit that would be perfect for an owner occupant! A walk score of 97; steps to Davis Square redline and the Somerville Community Path; just minutes from Dave’s Fresh Pasta, The Burren, Orleans, and Live Alive Cafe, not to mention Tufts, Harvard, and MIT. A rare opportunity not to be missed!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 09/07/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 09/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,558
Year Built
- Built in 1920
Lot Details
- 3,901 Sq Ft Lot
- Fenced
Home Design
- Brick Foundation
- Block Foundation
- Rubber Roof
Interior Spaces
- 3,687 Sq Ft Home
- Insulated Windows
- Wood Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Patio
Utilities
- 3 Heating Zones
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $6,180
- Assessor Parcel Number M:17 B:A L:19,749349
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $74,160
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Oct 31, 2023
Sold by
Bruno Madelyn T Est and Bruno
Bought by
Jindi Llc
Seller's Agent
Charles Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Charles Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,899,900
Sold Price
$1,905,000
Premium/Discount to List
$5,100
0.27%
Views
5
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
-$18,170
Avg. Annual Appreciation
-0.44%
Original Mortgage
$1,425,000
Outstanding Balance
$1,398,580
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$488,250
Purchase Details
Closed on
Jan 11, 1980
Bought by
Bruno Madeline T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jindi Llc | $1,905,000 | None Available | |
| Bruno Madeline T | $59,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jindi Llc | $1,425,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $1,905,000 | +0.3% | $517 / Sq Ft |
| 09/09/2023 09/09/23 | Pending | -- | -- | -- |
| 09/07/2023 09/07/23 | For Sale | $1,899,900 | -- | $515 / 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 | $19,123 | $1,752,800 | $754,400 | $998,400 |
| 2024 | $17,979 | $1,709,000 | $754,400 | $954,600 |
| 2023 | $17,558 | $1,698,100 | $754,400 | $943,700 |
| 2022 | $16,736 | $1,644,000 | $718,500 | $925,500 |
| 2021 | $15,688 | $1,539,500 | $697,500 | $842,000 |
| 2020 | $15,052 | $1,491,800 | $649,800 | $842,000 |
| 2019 | $13,688 | $1,272,100 | $577,700 | $694,400 |
| 2018 | $11,172 | $987,800 | $575,700 | $412,100 |
| 2017 | $10,904 | $934,400 | $543,100 | $391,300 |
| 2016 | $10,678 | $852,200 | $513,100 | $339,100 |
| 2015 | $9,896 | $784,800 | $469,800 | $315,000 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Ball
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73156344
APN: SOME-000017-A000000-000019
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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