NOT LISTED FOR SALE

Estimated Value: $1,045,000 - $1,300,000

5 Beds
2 Baths
2,554 Sq Ft
$471/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $975,000 $382 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,826/month

5 Days on Market

Highlights

  • Property is near public transit and schools
  • 5-minute walk to Davis Station
  • Porch
  • Somerville High School Rated A-
  • Wood Flooring
  • 2-minute walk to Kenney Park

About This Home

As of January 2023

***2nd Chance at this 2 fam in Premier Davis Square location*** This two-family home has many different investment possibilities. The first floor unit has one bedroom, dining room with built-in, living room, eat-in kitchen area and a separate galley kitchen. The full bath has newer tile work and plumbing. The second floor unit spans two floors. The first floor is the living space with kitchen, pantry, dining room, living room, one bedroom and a full bath. The top floor features three true bedrooms all with closets. Hardwood floors throughout the whole house, separate forced hot air by gas heating, separate hot water, electric panels and laundry hookups. Small private backyard is the perfect size for your own private patio, garden and BBQ area. Walk to the Davis Square Red Line stop & all the great restaurants and pubs. Just around the corner from Kenney Park and easy commute to Tufts, Harvard and downtown Boston via the T. Location, Location, Location!

Last Agent to Sell the Property

Friel Estate

FrielEstate Listed on: 12/03/2022

Last Buyer's Agent

Friel Estate

FrielEstate Listed on: 12/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,825

Year Built

  • Built in 1920

Lot Details

  • 2,194 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,554 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,800
  • Assessor Parcel Number M:25 B:B L:10,750469

Community Details

Recreation

  • Park
  • Bike Trail

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,825

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 2554
  • Stories Total: 3
  • MAIN LO: AN0677
  • MAIN SO: AN0677

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Bike Path, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: M:25 B:B L:10,750469
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2194
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9825

Multi Family

  • Net Operating Income: 57600
  • Number Of Units Total: 2
  • Total Actual Rent: 4800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Jan 13, 2023
Sold by
Convisser Ellen R and Storsteen Margo A
Bought by
Duo Investments Llc
Seller's Agent
Friel Estate
FrielEstate
Buyer's Agent
Friel Estate
FrielEstate
List Price
$1,075,000
Sold Price
$975,000
Premium/Discount to List
-$100,000
-9.3%
Views
221
Current Estimated Value
$1,150,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,941
Avg. Annual Appreciation
7.24%
Original Mortgage
$800,000
Outstanding Balance
$773,032
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,096
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duo Investments Llc $975,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duo Investments Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $975,000 -9.3% $382 / Sq Ft
12/03/2022 12/03/22 For Sale $1,075,000 -- $421 / 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 $10,407 $953,900 $587,200 $366,700
2024 $9,967 $947,400 $587,200 $360,200
2023 $10,438 $1,009,500 $587,200 $422,300
2022 $9,825 $965,100 $559,300 $405,800
2021 $164 $938,300 $555,200 $383,100
2020 $9,243 $916,100 $555,600 $360,500
2019 $8,766 $814,700 $505,700 $309,000
2018 $8,208 $725,700 $459,800 $265,900
2017 $159 $689,200 $433,700 $255,500
2016 $7,767 $619,900 $387,300 $232,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73062619

MLS Property Information Network (MLS PIN)

APN: SOME-000025-B000000-000010