NOT LISTED FOR SALE

565 Somerville Ave Somerville, MA 02143

Spring Hill Neighborhood
10 Beds
6 Baths
4,424 Sq Ft
3,485 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $2,289,000 $517 Per Sq Ft

5 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Covered Deck
  • Somerville High School Rated A-
  • Porch
  • 1-minute walk to Conway Park

About This Home

As of August 2020

Very well maintained and upgraded 6 family home in fabulous location walking distance to Harvard Univ and Porter Sq Red Line. Turn key investment at about 4.5% cap rate with existing rents. Many system upgrades, mostly newer kitchens with granite counters and dishwashers all new replacement windows about 18 months ago, 75% of the exterior clapboard replaced and all repainted a few years ago, 2-3 newer heating systems, newer electric sub panels in some units, large rear decks for outdoor living, new landscaping and pavers installed with new common rear patio, 2 car tandem driveway, Super opportunity for savvy investor or seller coming out of a 1031. Coin op washer dryer in basement; All kinds of shops, cafes, coffee houses at your doorstop with Union Sq a 10 minute walk away with Green Line coming in. OPEN HOUSES WED 6/17, FRI 6/19, AND MON 6/22 FROM 12-145 BY APPT EVERY 20 MINUTES. OFFERS DUE MONDAY 6/23 AT 3PM TO BE MADE GOOD FOR 24 HOURS

Last Agent to Sell the Property

Gary Vrotsos

Coldwell Banker Realty - Cambridge Listed on: 06/15/2020

Coldwell Banker Realty - Cambridge

Co-Listed By

Gary S. Vrotsos

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Siyin Qu

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485

Interior Spaces

  • Window Screens
  • Wood Flooring
  • City Views
  • Basement

Outdoor Features

  • Covered Deck
  • Porch

Additional Features

  • Year Round Access
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:44 B:G L:10

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Insc: 5902
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 517.41
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Stone/Ceramic Tile Floor
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 9
  • No Bedrooms: 10
  • Total Brs: 10
  • Full Bathrooms: 6
  • Total Fbh: 6
  • No Rooms: 20
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K95001
  • Main So: AN2383
  • Estimated Sq Ft: 4424.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Porch, Covered Patio/Deck, Screens, City View(s)
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Tandem, On Street Permit
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 606
  • Electric Features: Circuit Breakers, 100 Amps, Individually Metered
  • Heat Zones: 6
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • App Common: Range, Dishwasher, Refrigerator
  • Hea Common: Hot Water Baseboard, Gas, Individual

Lot Info

  • Assessments: 1914900.00
  • Acre: 0.08
  • Lot Size: 3637.00
  • Page: 579
  • Parcel Number: M:44 B:G L:10
  • Zoning: BA
  • Lot Description: Corner

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 6
  • Total Levels: 5
  • Total Rent: 11200
  • Total Rms: 24
  • No Units: 6
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 19321.00
  • Assessor Parcel Number: 754121

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $2,289,000 0.0% $517 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $2,289,000 +128.7% $517 / Sq Ft
11/25/2013 11/25/13 Sold $1,001,000 +31.7% $226 / Sq Ft View Prior Sale
10/26/2013 10/26/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $760,000 -- $172 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gary Vrotsos

    Seller's Agent in 2020

    Gary Vrotsos

    Coldwell Banker Realty - Cambridge

    (617) 576-0115

    11 in this area

    81 Total Sales

    Gary Vrotsos
    Section Image
  • Gary S. Vrotsos

    Seller Co-Listing Agent in 2020

    Gary S. Vrotsos

    Coldwell Banker Realty - Cambridge

    (781) 838-1445

    11 in this area

    59 Total Sales

    Gary S. Vrotsos
    Section Image
  • Siyin Qu

    Buyer's Agent in 2020

    Siyin Qu

    eXp Realty

    (888) 854-7493

    35 Total Sales

    Siyin Qu
    Section Image
  • Olga Rotaru

    Seller's Agent in 2013

    Olga Rotaru

    Laer Realty

    (857) 373-9257

    43 Total Sales

    Olga Rotaru
    Section Image

  • L

    Buyer's Agent in 2013

    Lenore Hill

    Coldwell Banker Realty - Cambridge

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72674318

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Somerville 02143 Spring Hill

565 Somerville Ave, Somerville, MA

Not Listed for Sale

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