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Seller's Agent in 2017
Greg McCarthy
Riverfront REALTORS®
57 Franklin St Somerville, MA 02145
East Somerville NeighborhoodEstimated Value: $1,325,000
5
Beds
3
Baths
2,250
Sq Ft
$589/Sq Ft
Est. Value
About This Home
As of March 2017INCREDIBLE THREE UNIT INVESTMENT OPPORTUNITY IN RED HOT SOMERVILLE!!! 59 FRANKLIN IS A 3 BEDROOM SINGLE FAMILY OVER TWO FLOORS. 57 FRANKLIN IS AN ATTACHED 2 FAMILY. ALL THREE UNITS ARE BEING OFFERED TOGETHER AS ONE PACKAGE. 3 OFF STREET PARKING, LARGE BASEMENT. GREAT DEVELOPMENT OPPORTUNITY! PROPERTY SOLID AS IS. PROPERTY TO BE DELIVERED VACANT.
Last Agent to Sell the Property
Greg McCarthy
Riverfront REALTORS® Listed on: 11/18/2016
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$11,020
Year Built
1890
Lot Details
0
Listing Details
- Lot Description: Corner
- Property Type: Multi-family
- Commission: 2.00
- Other Agent: 1.00
- Seller Agency: 2.00
- Sub-Agency Relationship Offered: Yes
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1890
Interior Features
- Has Basement: Yes
- Number of Rooms: 12
- Total Levels: 4
Exterior Features
- Exterior: Vinyl
- Foundation: Other (See Remarks)
Garage/Parking
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 3
Utilities
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Assessor Parcel Number: M:104 B:B L:15
- Zoning: RB
Multi Family
- Total Bedrooms: 5
- Total Floors: 5
- Total Full Baths: 3
- Total Levels: 2
- Total Rms: 11
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2016
Closed on
Mar 22, 2017
Sold by
57-59 Franklin Llc
Bought by
Mattos Franklin Llc
Seller's Agent
Greg McCarthy
Riverfront REALTORS®
Buyer's Agent
Shahani Real Estate Team
Compass
List Price
$749,000
Sold Price
$680,000
Premium/Discount to List
-$69,000
-9.21%
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
$645,000
Original Mortgage
$1,115,000
Outstanding Balance
$929,035
Interest Rate
4.17%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 22, 2016
Sold by
Mccarthy Gregory
Bought by
57-59 Franklin 02145 L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 26, 2009
Sold by
Brousseau Ruth B Est and Cormier
Bought by
Ioffe Boris and Ioffe Natalya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,514
Interest Rate
4.93%
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 |
|---|---|---|---|
| Mattos Franklin Llc | $680,000 | -- | |
| 57-59 Franklin 02145 L | -- | -- | |
| Mccarthy Gregory | $585,000 | -- | |
| Ioffe Boris | $299,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mattos Franklin Llc | $600,000 | |
| Closed | Mattos Franklin Llc | $200,000 | |
| Open | Mattos Franklin Llc | $1,115,000 | |
| Previous Owner | Mccarthy Gregory | $465,000 | |
| Previous Owner | Ioffe Boris | $286,514 | |
| Previous Owner | Est Brouseau Ruth | $200,000 | |
| Previous Owner | Est Brouseau Ruth | $150,000 | |
| Previous Owner | Brousseau Ruth | $421,123 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2017 03/20/17 | Sold | $680,000 | -9.2% | $302 / Sq Ft |
| 01/10/2017 01/10/17 | Pending | -- | -- | -- |
| 12/08/2016 12/08/16 | Price Changed | $749,000 | 0.0% | $333 / Sq Ft |
| 12/08/2016 12/08/16 | For Sale | $749,000 | +7.2% | $333 / Sq Ft |
| 11/29/2016 11/29/16 | Pending | -- | -- | -- |
| 11/18/2016 11/18/16 | For Sale | $699,000 | -- | $311 / 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 |
|---|---|---|---|---|
| 2023 | $11,020 | $1,065,800 | $316,600 | $749,200 |
| 2022 | $10,850 | $1,065,800 | $316,600 | $749,200 |
| 2021 | $10,861 | $1,065,800 | $316,600 | $749,200 |
| 2020 | $10,754 | $1,065,800 | $316,600 | $749,200 |
| 2019 | $7,996 | $743,100 | $262,600 | $480,500 |
| 2018 | $6,181 | $546,500 | $210,000 | $336,500 |
| 2017 | $4,835 | $414,300 | $198,100 | $216,200 |
| 2016 | $4,303 | $343,400 | $139,200 | $204,200 |
| 2015 | $4,256 | $337,500 | $138,400 | $199,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Shahani Real Estate Team
Buyer's Agent in 2017
Shahani Real Estate Team
Compass
(617) 216-1493
158 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72094779
APN: SOME-000104-B000000-000015
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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