NOT LISTED FOR SALE

6 Bedford St Unit 2R Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $462,530 - $524,000

2 Beds
1 Bath
510 Sq Ft
1910 Built

Last Sold March 17, 2016

Last sale price $325,000 $637 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,919/month

6 Days on Market

About This Home

As of March 2016

Fantastic opportunity for a two bedroom condo on the Cambridge/Somerville line. Situated on the second floor of a 6-unit brick building, efficient use of space with an open kitchen/living area and bedrooms on opposite sides of the unit. The unit features hardwood floors, replacement windows and great light. Amazing location in close proximity to Inman Square, Union Square and Lechmere, all just under 3/4 mile and approximately 1 mile to Kendall Square and 1 1/2 miles to Boston. There is additional storage and laundry in the basement and the unit has 1 off-street parking space but can fit two small cars. The unit is currently rented for $1700/month with a lease ending 5/31/16. Unbelievable chance to get a great unit for an owner occupant, investment or as a pied a tier just outside the city.

Last Agent to Sell the Property

Max Dublin

Gibson Sotheby's International Realty Listed on: 02/25/2016

Gibson Sotheby's International Realty

Last Buyer's Agent

Shane Small

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,159

Year Built

1910

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle, Back
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Bedroom 2: Second Floor, 11X7
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor, 11X12
  • Living Room: Second Floor, 11X9
  • Master Bedroom: Second Floor, 11X10

Exterior Features

  • Roof: Rubber
  • Exterior: Brick

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 6
  • Unit Building: 2R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Mar 17, 2016
Sold by
Cohen Shira M and Cohen Richard J
Bought by
Riker Katherine
Seller's Agent
Max Dublin
Gibson Sotheby's International Realty
Buyer's Agent
Shane Small
Compass
List Price
$295,000
Sold Price
$325,000
Premium/Discount to List
$30,000
10.17%
Current Estimated Value
$490,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,383
Avg. Annual Appreciation
4.32%
Original Mortgage
$300,000
Outstanding Balance
$238,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$252,383

Purchase Details

Closed on
Jun 28, 2005
Sold by
Matthews Charles
Bought by
Cohen Shira M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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
Riker Katherine $325,000 --
Cohen Shira M $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riker Katherine $300,000
Previous Owner Cohen Shira M $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2016 03/17/16 Sold $325,000 +10.2% $637 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $295,000 -- $578 / 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 $4,159 $381,200 $0 $381,200
2024 $3,905 $371,200 $0 $371,200
2023 $3,997 $386,600 $0 $386,600
2022 $4,066 $399,400 $0 $399,400
2021 $3,987 $391,300 $0 $391,300
2020 $3,867 $383,300 $0 $383,300
2019 $3,951 $367,200 $0 $367,200
2018 $3,745 $331,100 $0 $331,100
2017 $3,723 $319,000 $0 $319,000
2016 $3,245 $259,000 $0 $259,000
2015 $3,203 $254,000 $0 $254,000
Source: Public Records

Agents Affiliated with this Home

  • Max Dublin

    Seller's Agent in 2016

    Max Dublin

    Gibson Sothebys International Realty

    (617) 230-7615

    8 in this area

    142 Total Sales

    Max Dublin
    Section Image
  • Shane Small

    Buyer's Agent in 2016

    Shane Small

    Compass

    (781) 521-9025

    1 in this area

    34 Total Sales

    Shane Small
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71963069

MLS Property Information Network (MLS PIN)

APN: SOME-000097-F000000-000009-000002R

Massachusetts Middlesex County Somerville 02141 Prospect Hill

6 Bedford St Unit 2R, Somerville, MA

Not Listed for Sale

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