NOT LISTED FOR SALE

Estimated Value: $1,045,000 - $1,162,893

5 Beds
2 Baths
2,024 Sq Ft
$547/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $561,000 $277 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,056/month

34 Days on Market

About This Home

As of January 2015

Looking for a GREAT location?! DON'T MISS OUT on this fantastic opportunity to own a TWO UNIT multi-family in this great West Somerville Neighborhood, offering close proximity to Tufts University, Teele Square, Davis Square & LOT'S OF PUBLIC TRANSPORTATION OPTIONS. This HOME features hardwood floors & nice original details, and has a quintessential Somerville layout: Unit 1 offers 5 rooms / 2 bedrooms and Unit 2 is 6 rooms / 3 bedrooms with expansion potential in the attic. Keep it as a two family or create two beautiful condos. THIS HOUSE IS SOLID & awaiting a capable buyer willing to RENOVATE AND REJUVENATE this home.

Last Listed By

Michael Cohen

Compass Listed on: 11/20/2014

Compass

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,289

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Basement: Full, Sump Pump

Exterior Features

  • Exterior: Vinyl
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Heat Zones: 2

Lot Info

  • Assessor Parcel Number: 3-C-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2014
Closed on
Jan 23, 2015
Sold by
Murray Leo J
Bought by
Wagner Leah J and Wagner John B
Seller's Agent
Michael Cohen
Compass
Buyer's Agent
Erica Covelle
Compass
List Price
$539,900
Sold Price
$561,000
Premium/Discount to List
$21,100
3.91%
Total Days on Market
34
Current Estimated Value
$1,107,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,473
Avg. Annual Appreciation
6.79%
Original Mortgage
$392,700
Interest Rate
3.96%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Wagner Leah J $561,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner John B $385,000
Closed Wagner Leah J $392,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $561,000 +3.9% $277 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
11/20/2014 11/20/14 For Sale $539,900 -- $267 / 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 $10,289 $943,100 $540,100 $403,000
2024 $9,698 $921,900 $540,100 $381,800
2023 $9,466 $915,500 $540,100 $375,400
2022 $8,734 $858,000 $514,400 $343,600
2021 $8,510 $835,100 $510,600 $324,500
2020 $8,366 $829,100 $510,900 $318,200
2019 $7,857 $730,200 $465,100 $265,100
2018 $7,695 $680,400 $422,800 $257,600
2017 $7,405 $634,500 $398,900 $235,600
2016 $7,582 $605,100 $356,300 $248,800
2015 $6,792 $538,600 $329,000 $209,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71770877

MLS Property Information Network (MLS PIN)

APN: SOME-000003-C000000-000012