NOT LISTED FOR SALE

60 Bow St Unit F Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $547,133 - $665,000

2 Beds
1 Bath
611 Sq Ft
$257/mo HOA Fee

Last Sold September 17, 2021

Last sale price $473,000 $774 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,801/month

8 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Walk-In Closet
  • Somerville High School Rated A-
  • Bay Window
  • 3-minute walk to Quincy Street Open Space

About This Home

As of September 2021

Popular Union Square location! This lovely, pet friendly 3rd Floor unit at Gerrior Square Condominiums offers loads of charm with its high ceilings, wood floors, and tall windows that let the natural light seep in! Main bedroom has a walk-in closet, wood floors and 2 large windows overlooking the interior courtyard. Second bedroom can also be used as a home office! On-site free common laundry and private storage unit in the basement too! This professionally managed historic building has just undergone some fantastic upgrades including a new roof, insulation, mostly new siding, windows and other architectural accoutrements! Fabulous location adjacent to Bow Market and just a few miles from Harvard, MIT, Kendall Square, Major Highways, Public Transportation and upcoming Green Line Extension!

Last Agent to Sell the Property

Joetta Silva

Silva Realty Assoc. Listed on: 07/23/2021

Last Buyer's Agent

Ying Sun

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1920

HOA Fees

  • $257 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Rubber Roof

Interior Spaces

  • 611 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 60F / C
  • Assessor Parcel Number M:74 B:C L:1 U:60F,758224

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
  • 43 Units
  • Mid-Rise Condominium
  • Gerrior Square Condominium Trust Community

Amenities

  • Shops
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,154

Year Built

Built in 1920

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1920
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker Type: %
  • Year Built Details: Certified Historic
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • Living Area: 611
  • Stories Total: 1
  • MAIN LO: C95199
  • MAIN SO: AN2383

Exterior Features

  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 257.12
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:74 B:C L:1 U:60F,758224
  • Zoning: MR5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4154
  • Tax Block: C
  • Tax Lot: 60F

Multi Family

  • Number Of Units Total: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 17, 2021
Sold by
Hancock Gaston Llc
Bought by
Chen Yiwen
Seller's Agent
Joetta Silva
Silva Realty Assoc.
Buyer's Agent
Ying Sun
Compass
List Price
$479,900
Sold Price
$473,000
Premium/Discount to List
-$6,900
-1.44%
Current Estimated Value
$585,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,533
Avg. Annual Appreciation
5.33%
Original Mortgage
$363,000
Outstanding Balance
$329,810
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,723

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 11, 2021
Sold by
Somerville Bow Assoc Llc
Bought by
Hancock Gaston Llc
Seller's Agent
Joetta Silva
Silva Realty Assoc.
Buyer's Agent
Ying Sun
Compass
List Price
$479,900
Sold Price
$473,000
Premium/Discount to List
-$6,900
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Outstanding Balance
$329,810
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,723

Purchase Details

Closed on
Apr 4, 2005
Sold by
Some Bow St Assoc Llc
Bought by
Hancock Gaston Llc
Source: Public Records

Range of Values:

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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
Chen Yiwen $473,000 None Available
Hancock Gaston Llc -- None Available
Hancock Gaston Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yiwen $363,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $473,000 -1.4% $774 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $479,900 -- $785 / 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 $5,563 $509,900 $0 $509,900
2024 $5,364 $509,900 $0 $509,900
2023 $4,796 $463,800 $0 $463,800
2022 $4,506 $442,600 $0 $442,600
2021 $4,154 $407,700 $0 $407,700
2020 $4,074 $403,800 $0 $403,800
2019 $3,891 $361,600 $0 $361,600
2018 $3,367 $297,700 $0 $297,700
2017 $3,391 $290,600 $0 $290,600
2016 $3,570 $284,900 $0 $284,900
2015 $3,308 $262,300 $0 $262,300
Source: Public Records

Agents Affiliated with this Home

  • Joetta Silva

    Seller's Agent in 2021

    Joetta Silva

    Silva Realty Assoc.

    (781) 820-8133

    3 in this area

    6 Total Sales

    Joetta Silva
    Section Image
  • Ying Sun

    Buyer's Agent in 2021

    Ying Sun

    Compass

    (978) 289-0368

    2 in this area

    114 Total Sales

    Ying Sun
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72870646

MLS Property Information Network (MLS PIN)

APN: SOME-000074-C000000-000001-000060F

Massachusetts Middlesex County Somerville 02143 Prospect Hill

60 Bow St Unit F, Somerville, MA

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