NOT LISTED FOR SALE

561 Broadway Unit A1 Somerville, MA 02145

Magoun Square Neighborhood

Estimated Value: $613,000 - $723,000

2 Beds
2 Baths
869 Sq Ft
$774/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $290,000 $334 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,228/month

About This Home

As of January 2012

Available January 1st this conveniently located unit has it all! Features include two equal sized bedrooms with great closet and storage space, hardwood floors, in- unit laundry, private locked storage in the basement and two assigned parking spots! The eat-in kitchen has ample cabinet space, granite countertops, gas range, garbage disposal and dishwasher. Kitchen opens into the living room space large enough for a full sectional couch and front and back private porches complete this sun filled unit! No cats allowed. Dogs are allowed on a case by case basis pending owners approval.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Busa Wayne J and Busa Drew
Bought by
Busa Drew G and Gray-Busa Jesse
Current Estimated Value
$672,655

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
Outstanding Balance
$198,175
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$461,851

Purchase Details

Listed on
Jun 8, 2011
Closed on
Jan 27, 2012
Sold by
Hurley Mckenzie L
Bought by
Busa Wayne J and Busa Drew
Seller's Agent
Courtney Snyder
RE/MAX Destiny
Buyer's Agent
Elizabeth Crowley
William Raveis R.E. & Home Services
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$263,610
Interest Rate
3.94%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Busa Drew G -- None Available
Busa Drew G -- None Available
Busa Wayne J $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busa Drew G $215,000
Closed Busa Drew G $215,000
Previous Owner Busa Wayne J $263,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Rented -- -- --
11/12/2021 11/12/21 Under Contract -- -- --
11/03/2021 11/03/21 For Rent $2,600 0.0% --
01/27/2012 01/27/12 Sold $290,000 0.0% $334 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
12/15/2011 12/15/11 Off Market $290,000 -- --
12/01/2011 12/01/11 For Sale $289,900 0.0% $334 / Sq Ft
11/30/2011 11/30/11 Off Market $290,000 -- --
10/14/2011 10/14/11 Price Changed $289,900 -3.0% $334 / Sq Ft
07/30/2011 07/30/11 Price Changed $299,000 -3.5% $344 / Sq Ft
06/23/2011 06/23/11 Price Changed $309,899 -1.6% $357 / Sq Ft
06/08/2011 06/08/11 For Sale $314,899 -- $362 / Sq Ft

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 $5,993 $549,300 $0 $549,300
2024 $5,630 $535,200 $0 $535,200
2023 $5,485 $530,500 $0 $530,500
2022 $5,304 $521,000 $0 $521,000
2021 $5,204 $510,700 $0 $510,700
2020 $5,048 $500,300 $0 $500,300
2019 $5,159 $479,500 $0 $479,500
2018 $5,248 $464,000 $0 $464,000
2017 $4,854 $415,900 $0 $415,900
2016 $4,411 $352,000 $0 $352,000
2015 $4,198 $332,900 $0 $332,900
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Capone

    Seller's Agent in 2021

    Alexandra Capone

    William Raveis R.E. & Home Services

    (617) 680-1534

    Section Image

  • M

    Buyer's Agent in 2021

    Mario Vasquez

    Skyline Realty

    (617) 386-3975

    Section Image

  • C

    Seller's Agent in 2012

    Courtney Snyder

    RE/MAX

    Section Image
  • Elizabeth Crowley

    Buyer's Agent in 2012

    Elizabeth Crowley

    William Raveis R.E. & Home Services

    (617) 797-8659

    84 Total Sales

    Elizabeth Crowley
    Section Image
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Map

Massachusetts Middlesex County Somerville 02145 Magoun Square

561 Broadway Unit A1, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 561 Broadway Unit A1, Somerville, MA 02145 and is currently estimated at $672,655, approximately $774 per square foot. 561 Broadway Unit A1 is a home located in Middlesex County with nearby schools including Somerville High School, St. Clement Elementary School, and Bright Future Educare Center.

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.

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