$1,100,000
SOLD FEB 8, 2021
7 Beds
3 Baths
2,850 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$386 Per Sq Ft

8% Below List Price

122 Days on Market

About This Home

As of February 2021

SUPERB INVESTMENT OPPORTUNITY! STEPS TO THE SOON TO OPEN GILMAN SQ STATION! Well-maintained cash-cow triple-decker located right off of Broadway on a side cul-de-sac. Parking spaces for up to 4 cars! Nice yard and garden in back. The 1st and 2nd floor units are 2 bdrms and could even be used as 3 bdrm splits, the 3rd floor is a traditional 3 bdrm. Market rent for the 3 units could gross near $7k monthly! Updated roof! This property is right in-between the newly redeveloped Broadway Somerville and the soon to open Gilman Sq Station. These developments have made this a prime location! The subway’s first expansion in nearly 30 years! "HOMEOWNERS ALONG THE NEW GREEN LINE WILL LIKELY BE LIVING IN THE URBAN EQUIVALENT OF A GOLD COAST." - BOSTON.COM. Can you imagine in just 10 years what the property values are going to be near the subways first expansion in nearly 30 years? Buy here before the new station opens and claim your piece on the golden coast!

Last Agent to Sell the Property

Chad Myers

Mr. Chaddles Real Estate Listed on: 07/30/2020

Last Buyer's Agent

Simon Gray

Coldwell Banker Realty - Newton

Coldwell Banker Realty - Newton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,120

Year Built

  • Built in 1920

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,120

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 403.16
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN0974
  • Main So: AN6181
  • Estimated Sq Ft: 2850.00

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Highway Access, Public School, T-Station

Lot Info

  • Assessments: 923300.00
  • Lot Size: 0.06
  • Page: 257
  • Zoning: RB
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 6000
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 9313.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

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
Outstanding Balance
$951,687
Interest Rate
6.32%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$447,286

Purchase Details

Listed on
Jul 30, 2020
Closed on
Feb 5, 2021
Sold by
Mendonca Joseph F and Mendonca Felisbela S
Bought by
Howard Benjamin R
Seller's Agent
Chad Myers
Mr. Chaddles Real Estate
Buyer's Agent
Simon Gray
Coldwell Banker Realty - Newton
List Price
$1,198,900
Sold Price
$1,100,000
Premium/Discount to List
-$98,900
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $1,100,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $978,180 Stand Alone Refi Refinance Of Original Loan
Closed $978,180 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,005,000 Purchase Money Mortgage
Previous Owner $791,500 Purchase Money Mortgage
Previous Owner $130,000 Balloon
Previous Owner $210,000 Unknown
Previous Owner $200,000 New Conventional
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $1,599,000 +45.4% $561 / Sq Ft
02/08/2021 02/08/21 Sold $1,100,000 -4.3% $386 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $1,149,000 -2.2% $403 / Sq Ft
10/06/2020 10/06/20 Price Changed $1,174,900 -2.0% $412 / Sq Ft
07/30/2020 07/30/20 For Sale $1,198,900 -- $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 $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: 72700983

MLS Property Information Network (MLS PIN)

APN: SOME-000071-D000000-000044