NOT LISTED FOR SALE

56 Sterling St Unit 1 Somerville, MA 02144

West Somerville Neighborhood

Estimated Value: $692,000 - $755,000

2 Beds
1 Bath
1,018 Sq Ft
1920 Built

Last Sold August 31, 2018

Last sale price $560,000 $550 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,467/month

56 Days on Market

About This Home

As of August 2018

Spectacular 5 room, 2 bed, luxury condo located on a lovely tree-lined street in desirable W. Somerville. The unit boasts a gourmet eat-in kitchen including granite countertops w/breakfast island, raised panel cherry cabinets, recessed & pendent lights, and matching SS appliances including a gas stove. Other features include double paned vinyl windows, newer roof, updated electrical, HW oak floors throughout, enclosed 3 season rear porch, and 2 off-street parking spaces including 1 garage spot. All this and just minutes from Tufts, Whole Foods, Davis Sq, Red Line, and walking distance to the newly proposed Green Line. Also convenient to Route 2, 93, and less than 7 miles to Downtown Boston!

Last Agent to Sell the Property

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team Listed on: 06/04/2018

Douglas Elliman Real Estate - The Sarkis Team

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,817

Year Built

  • Built in 1920

Parking

  • 1 Car Garage

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:3 B:F L:3 U:1

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,817

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Attached
  • Year Built Description: Actual
  • List Price Per Sq Ft: 555.01
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 5
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN4282
  • Main So: AN4282
  • Estimated Sq Ft: 1018.00

Exterior Features

  • Exterior Unit Features: Porch, Deck

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking: Detached, Deeded
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
  • HOA Fees: 104.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes

Lot Info

  • Assessments: 444500.00
  • Page: 24
  • Parcel Number: M:3 B:F L:3 U:1
  • Zoning: 000000

Tax Info

  • Taxes: 5027.00
  • Assessor Parcel Number: 4537144

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Aug 31, 2018
Sold by
Georges Karim and Georges Marcel
Bought by
Jackson Adam
Seller's Agent
George Sarkis
Douglas Elliman Real Estate - The Sarkis Team
Buyer's Agent
George Sarkis
Douglas Elliman Real Estate - The Sarkis Team
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Current Estimated Value
$735,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,485
Avg. Annual Appreciation
3.90%
Original Mortgage
$380,000
Outstanding Balance
$328,886
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$406,599

Purchase Details

Listed on
Jun 4, 2018
Closed on
Aug 9, 2018
Sold by
Georges Karim and Georges Marcel
Bought by
Georges Karim and Georges Marcel
Seller's Agent
George Sarkis
Douglas Elliman Real Estate - The Sarkis Team
Buyer's Agent
George Sarkis
Douglas Elliman Real Estate - The Sarkis Team
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$328,886
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$406,599

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jun 13, 2014
Sold by
Lipschultz Max
Bought by
Georges Karim and Georges Marcel
Seller's Agent
Sean Dacey
Coldwell Banker Realty - Boston
Buyer's Agent
John Haberis
Boston Realty Relocations
Sold Price
$2,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$320,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2007
Sold by
Resour Weichert Reloca
Bought by
Lipschultz Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Jackson Adam $560,000 --
Georges Karim -- --
Georges Karim $400,000 --
Lipschultz Max $335,000 --
Resour Weichert Reloca $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Adam $380,000
Previous Owner Georges Karim $320,000
Previous Owner Lipschultz Max $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2018 08/31/18 Sold $560,000 -0.9% $550 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/17/2018 07/17/18 Price Changed $565,000 -0.9% $555 / Sq Ft
06/18/2018 06/18/18 Price Changed $569,999 -0.9% $560 / Sq Ft
06/04/2018 06/04/18 For Sale $575,000 0.0% $565 / Sq Ft
06/16/2014 06/16/14 Rented $2,325 -3.1% --
06/16/2014 06/16/14 For Rent $2,400 0.0% --
06/13/2014 06/13/14 Sold $400,000 0.0% $392 / Sq Ft View Prior Sale
05/27/2014 05/27/14 Pending -- -- --
04/30/2014 04/30/14 Off Market $400,000 -- --
04/23/2014 04/23/14 For Sale $399,900 -- $392 / 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 $6,817 $624,800 $0 $624,800
2024 $6,366 $605,100 $0 $605,100
2023 $6,200 $599,600 $0 $599,600
2022 $5,736 $563,500 $0 $563,500
2021 $5,508 $540,500 $0 $540,500
2020 $5,355 $530,700 $0 $530,700
2019 $5,239 $486,900 $0 $486,900
2018 $5,027 $444,500 $0 $444,500
2017 $4,668 $400,000 $0 $400,000
2016 $4,844 $386,600 $0 $386,600
2015 $4,217 $334,400 $0 $334,400
Source: Public Records

Agents Affiliated with this Home

  • George Sarkis

    Seller's Agent in 2018

    George Sarkis

    Douglas Elliman Real Estate - The Sarkis Team

    (781) 603-8702

    1 in this area

    636 Total Sales

    George Sarkis
    Section Image
  • Sean Dacey

    Seller's Agent in 2014

    Sean Dacey

    Coldwell Banker Realty - Boston

    (508) 221-6754

    29 Total Sales

    Sean Dacey
    Section Image

  • G

    Seller's Agent in 2014

    Greg DiGiorgio

    DiGiorgio Realty Group

    (617) 233-4530

    69 Total Sales

    Greg DiGiorgio
    Section Image

  • J

    Buyer's Agent in 2014

    John Haberis

    Boston Realty Relocations

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72339479

MLS Property Information Network (MLS PIN)

APN: SOME-000003-F000000-000003-000001

Massachusetts Middlesex County Somerville 02144 West Somerville

56 Sterling St Unit 1, Somerville, MA

This home is located at 56 Sterling St Unit 1, Somerville, MA 02144 since 04 June 2018 and is currently estimated at $735,485, approximately $722 per square foot. This property was built in 1920. 56 Sterling St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, International School of Boston, and Lesley Ellis School.

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.

MLS Property Information Network (MLS PIN) 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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