NOT LISTED FOR SALE

Estimated Value: $1,469,000 - $1,518,000

7 Beds
3 Baths
2,850 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $1,300,000 $456 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,897/month

4 Days on Market

Highlights

  • Medical Services
  • Deck
  • Community Pool
  • Somerville High School Rated A-
  • Property is near public transit and schools
  • 1-minute walk to Marshall Street Playground

About This Home

As of July 2022

This must-see, bright and sunny 3-unit investment property is perfectly located just a stone's throw away from the soon-to-open Gilman Square Green Line Station! The home is a 3-unit triple-decker, and boasts 7 total bedrooms, 3 baths, and a nice-sized, enclosed yard that is shared by the occupants. Convenient Winter Hill location less than a half-mile to tons of shopping, markets, restaurants, transportation options, the library, the brand new Somerville High School. Easy access to multiple MBTA Stations (1,000 feet to new Gilman Sq. Green line, 1.3 mi to Assembly Sq. Orange line, ~2 mi to Davis/Porter Sq. Red lines), and multiple park spaces, including the Marshall St Playground right across the way, this location truly cannot be beat. Tenants share washer/dryer in shared basement area, a huge plus for renters. Whether a potential buyer decides to owner/occupy, or continue renting it, this is a dream property in a prime location in a proven investor's paradise. Don't miss this one!

Last Agent to Sell the Property

Judith Johnson

Leading Edge Real Estate Listed on: 05/11/2022

Co-Listed By

Marc Skipper

Leading Edge Real Estate

Last Buyer's Agent

Emiel Barbosa

Vicente Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,796

Year Built

  • Built in 1920

Lot Details

  • 2,826 Sq Ft Lot
  • Property fronts a private road

Home Design

  • Triplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,850 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Property is near public transit and schools
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $5,300
  • Legal Lot and Block 44 / D

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Electric Expense $747
  • Water Sewer Expense $2,112
  • Operating Expense $14,055
  • Net Operating Income $49,545

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,796

Year Built

Built in 1920

Lot Details

2,826 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2850
  • Stories Total: 6
  • MAIN LO: AN4643
  • MAIN SO: AN1033

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Private Road
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2112

Lot Info

  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2826
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10796
  • Tax Block: D
  • Tax Lot: 44

Multi Family

  • Electric Expense: 747
  • Net Operating Income: 49545
  • Number Of Units Total: 3
  • Operating Expense: 14055
  • Total Actual Rent: 5300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Silva Edson
Bought by
Schutz Dominique L and Schutz Rolando Aline
Current Estimated Value
$1,499,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,136,250
Outstanding Balance
$1,131,303
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$368,463

Purchase Details

Closed on
Mar 20, 2023
Sold by
Edson Realty Llc
Bought by
Silva Edson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,180
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 1, 2022
Sold by
Howard Benjamin R
Bought by
Edson Realty Llc
Seller's Agent
Judith Johnson
Leading Edge Real Estate
Buyer's Agent
Emiel Barbosa
Vicente Realty, LLC
List Price
$1,249,999
Sold Price
$1,300,000
Premium/Discount to List
$50,001
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$1,005,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2021
Sold by
Mendonca Joseph F and Mendonca Felisbela S
Bought by
Howard Benjamin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,500
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2013
Sold by
Santos Maria S and Santos Falisbela M
Bought by
Mendonca Joseph F and Santos Falisbela M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Schutz Dominique L $1,515,000 --
Schutz Dominique L $1,515,000 --
Silva Edson -- None Available
Silva Edson -- None Available
Silva Edson -- None Available
Edson Realty Llc $1,300,000 None Available
Edson Realty Llc $1,300,000 None Available
Edson Realty Llc $1,300,000 None Available
Howard Benjamin R $1,100,000 None Available
Howard Benjamin R $1,100,000 None Available
Howard Benjamin R $1,100,000 None Available
Mendonca Joseph F -- --
Mendonca Joseph F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutz Dominique L $1,136,250
Closed Schutz Dominique L $1,136,250
Previous Owner Silva Edson $978,180
Previous Owner Edson Realty Llc $1,005,000
Previous Owner Howard Benjamin R $791,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $1,300,000 +4.0% $456 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $1,249,999 -- $439 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $13,120 $1,202,600 $367,600 $835,000
2024 $12,266 $1,166,000 $367,600 $798,400
2023 $11,291 $1,092,000 $367,600 $724,400
2022 $10,796 $1,060,500 $350,100 $710,400
2021 $9,539 $936,100 $333,400 $602,700
2020 $9,316 $923,300 $320,600 $602,700
2019 $8,620 $801,100 $272,200 $528,900
2018 $7,364 $651,100 $262,500 $388,600
2017 $7,163 $613,800 $244,800 $369,000
2016 $6,660 $531,500 $211,700 $319,800
2015 $6,102 $483,900 $188,700 $295,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72979847

MLS Property Information Network (MLS PIN)

APN: SOME-000071-D000000-000044

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