$385,000
SOLD FEB 9, 2012
1 Bed
1 Bath
691 Sq Ft
2008 Built

Recently Sold

$557 Per Sq Ft

5% Below List Price

86 Days on Market

Highlights

  • Wind Turbine Power
  • 4-minute walk to Davis Station
  • 1 Car Attached Garage
  • Somerville High School Rated A-
  • Property is near public transit
  • 1-minute walk to Somerville Community Path

About This Home

As of February 2012

One bedroom Loft in the fabulous Davis Square Lofts community. This true brick and beam loft sits directly on the bike path and features concrete radiant floors with highly efficient on-demand boilers, underground garage parking, private brick patio space for entertaining and all within a two minute walk on the Minute Man trail to the Davis Square T stop as well as everything else that the wonderful square has to offer. Feel like you are in your own little sanctuary but just minutes to the city.

Last Agent to Sell the Property

Ashley Rose

Compass Listed on: 10/05/2011

Compass

Last Buyer's Agent

Dino Confalone

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,995

Year Built

  • Built in 2008

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Deeded Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 691 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Wind Turbine Power
  • Cooling system powered by passive solar

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 1 Heating Zone
  • Radiant Heating System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 4743905

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heat, gas, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 29 Units
  • Davis Lofts Community

Amenities

  • Shops

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,995

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Loft
  • Year Built: 2008
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 691
  • Stories Total: 1
  • MAIN LO: AC1195
  • LIST PRICE PER Sq Ft: 571.64
  • PRICE PER Sq Ft: 557.16
  • MAIN SO: BB5474

Exterior Features

  • Construction Materials: Brick
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Garage Door Opener, Deeded

Utilities

  • Sewer: Public Sewer
  • Cooling: Passive Cooling, Wind
  • Heating: Radiant
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public, City/Town Water, City/Town Sewer
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 248.54
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Bike Path, Private School, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 4743905
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3994.75
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2011
Closed on
Feb 9, 2012
Sold by
Smith Brent J and Smith Kyle
Bought by
Sweet Emily J
Seller's Agent
Ashley Rose
Compass
Buyer's Agent
Dino Confalone
Gibson Sotheby's International Realty
List Price
$405,000
Sold Price
$385,000
Premium/Discount to List
-$20,000
-4.94%
Current Estimated Value
$831,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,198
Avg. Annual Appreciation
5.41%
Original Mortgage
$308,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2009
Sold by
Davis Lofts Llc
Bought by
Smith Brent J and Smith Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,200
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Warranty Deed $385,000 --
Deed $354,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Stand Alone Refi Refinance Of Original Loan
Closed $125,000 Credit Line Revolving
Closed $308,000 New Conventional
Previous Owner $283,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Rented $2,700 0.0% --
09/15/2016 09/15/16 Price Changed $2,700 -10.0% $4 / Sq Ft
09/04/2016 09/04/16 For Rent $3,000 0.0% --
02/09/2012 02/09/12 Sold $385,000 0.0% $557 / Sq Ft
12/28/2011 12/28/11 Off Market $385,000 -- --
10/17/2011 10/17/11 Price Changed $395,000 -2.5% $572 / Sq Ft
10/03/2011 10/03/11 For Sale $405,000 -- $586 / 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 $7,817 $716,500 $0 $716,500
2024 $7,231 $687,400 $0 $687,400
2023 $6,999 $676,900 $0 $676,900
2022 $6,755 $663,600 $0 $663,600
2021 $6,762 $663,600 $0 $663,600
2020 $6,697 $663,700 $0 $663,700
2019 $6,058 $563,000 $0 $563,000
2018 $6,568 $580,700 $0 $580,700
2017 $5,891 $504,800 $0 $504,800
2016 $5,930 $473,300 $0 $473,300
2015 $5,575 $442,100 $0 $442,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71296549

MLS Property Information Network (MLS PIN)

APN: SOME-000017-A000000-000058-000060-2