L
Seller's Agent in 2024
Lauren Holleran Team
Gibson Sothebys International Realty
(617) 913-2203
16 in this area
328 Total Sales
55 Putnam St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,480,000 - $1,826,000
6
Beds
3
Baths
3,434
Sq Ft
$490/Sq Ft
Est. Value
Highlights
- 0.13 Acre Lot
- Open Floorplan
- Wood Flooring
- Somerville High School Rated A-
- Property is near public transit and schools
- Solid Surface Countertops
About This Home
As of November 2024Set on a side street near vibrant Union Square, Gilman Square GLX, and the community bike path, this 1874 mansard gem underwent a remarkable transformation in 2015, winning a Historic Preservation Award in the process. The handsome period architectural detail of the exterior is expertly matched by the thoughtfulness in the 1st floor’s owner’s unit: tasteful finishes throughout, airy 11’ ceilings, windows galore; and the not so sexy, like high-density insulation, Cat6 Ethernet, and double-drywalled ceilings for sound isolation. Upstairs, with 4 beds, 2 baths, and over 2,100 SF of living space on two levels, unit 2 offers an opportunity to be reimagined. The backyard with its mature plantings is an urban oasis, while the Azores grape vine trellis not only shelters your vehicles from the elements, but also makes great jam + wine! Originally a single family, 55 Putnam could easily be converted back to one. Seller welcomes offer with reasonable request to pay for the buyers compensation.
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 10/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,173
Year Built
- Built in 1874
Lot Details
- 5,662 Sq Ft Lot
- Gentle Sloping Lot
- Garden
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,434 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Crown Molding
- Insulated Windows
- Window Screens
- Insulated Doors
- Living Room
- Dining Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Balcony
- Rain Gutters
- Porch
Schools
- Lottery Elementary And Middle School
- SHS High School
Utilities
- 1 Cooling Zone
- 2 Heating Zones
- Separate Meters
- 200+ Amp Service
- High Speed Internet
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Legal Lot and Block 23 / C
- Assessor Parcel Number M:62 B:C L:23,756657
Community Details
Recreation
- Community Pool
- Park
- Bike Trail
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2024
Closed on
Nov 22, 2024
Sold by
Story Evan P and Story Susan
Bought by
Jgj Properties Llc
Seller's Agent
Lauren Holleran Team
Gibson Sotheby's International Realty
Buyer's Agent
Matthew Slowik
Compass
List Price
$1,698,000
Sold Price
$1,755,000
Premium/Discount to List
$57,000
3.36%
Views
7
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
-$71,943
Avg. Annual Appreciation
-3.51%
Purchase Details
Closed on
Feb 20, 2009
Sold by
Carreiro Alberto M and Carreiro George
Bought by
Reed Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jgj Properties Llc | -- | None Available | |
| Jgj Properties Llc | -- | None Available | |
| Reed Michael | $525,000 | -- | |
| Reed Michael | $525,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reed Michael | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2024 11/13/24 | Sold | $1,755,000 | +3.4% | $511 / Sq Ft |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | For Sale | $1,698,000 | -- | $494 / 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 | $18,153 | $1,663,900 | $667,200 | $996,700 |
| 2024 | $16,906 | $1,607,000 | $667,200 | $939,800 |
| 2023 | $16,449 | $1,590,800 | $667,200 | $923,600 |
| 2022 | $15,375 | $1,510,300 | $635,400 | $874,900 |
| 2021 | $14,419 | $1,415,000 | $605,100 | $809,900 |
| 2020 | $13,592 | $1,347,100 | $581,800 | $765,300 |
| 2019 | $13,024 | $1,210,400 | $506,000 | $704,400 |
| 2018 | $11,756 | $1,039,400 | $459,900 | $579,500 |
| 2017 | $11,277 | $966,300 | $433,900 | $532,400 |
| 2016 | $9,400 | $750,200 | $396,800 | $353,400 |
| 2015 | $8,657 | $686,500 | $394,700 | $291,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Holleran Team
-
Alberto Ovalle
Seller Co-Listing Agent in 2024
Alberto Ovalle
Gibson Sothebys International Realty
(617) 564-1727
2 in this area
37 Total Sales
-
Matthew Slowik
Buyer's Agent in 2024
Matthew Slowik
Compass
(617) 750-2950
6 in this area
81 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73298853
APN: SOME-000062-C000000-000023
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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