T
Seller's Agent in 2019
The Quail Group
Gibson Sotheby's International Realty
(978) 406-9294
206 Total Sales
61 Myrtle St Somerville, MA 02145
East Somerville NeighborhoodEstimated Value: $1,852,000
6
Beds
3
Baths
2,403
Sq Ft
$771/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Porch
- Storage Shed
- Somerville High School Rated A-
- Patio
- 1-minute walk to Symphony Park
About This Home
As of March 2019Development or Owner Occupied Opportunity! Take this 2 Unit with a large lot and add a 3rd unit after passing special permit process*. In 2017 and 2018 condos on Myrtle Street have sold for $700k, $745k, and $782k. After adding 3rd unit you could potentially sell each condo for $650K each (or more). At $650K each you would have a total retail value of $1,950,000. This leaves plenty of room for construction and profit. Seller is looking for an offer that is not contingent upon approval for 3rd unit. (We are told by the planning department that it is very likely to pass but it will take approx. 2-3 months to complete). *Even though it is likely, seller and broker do not guarantee any change of unit number or values stated above. Buyer to buy as is and do their own due diligence.* 1st floor has tenants that are month to month. Showings only at Open Houses Sat and Sun 12-2pm. Offers due by Tuesday at 3pm. Seller will respond to any and all offers Wednesday by 3pm.
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 08/14/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 4,792
Flooring
- Wood
- Tile
Outdoor Features
- Patio
- Storage Shed
- Porch
Additional Features
- Year Round Access
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:105 B:A L:43
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2018
Closed on
Mar 25, 2019
Sold by
Bought by
Seller's Agent
The Quail Group
Gibson Sotheby's International Realty
Buyer's Agent
Branch Out Residential Team
Coldwell Banker Realty - Boston
List Price
$999,900
Sold Price
$1,070,000
Premium/Discount to List
$70,100
7.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,000
Original Mortgage
$2,137,700
Interest Rate
0.043%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,070,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,137,700 | ||
| Closed | $400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/28/2019 03/28/19 | Sold | $1,070,000 | +7.0% | $445 / Sq Ft |
| 08/24/2018 08/24/18 | Pending | -- | -- | -- |
| 08/14/2018 08/14/18 | For Sale | $999,900 | -- | $416 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2023 | $19,350 | $1,871,400 | $403,800 | $1,467,600 |
| 2022 | $19,051 | $1,871,400 | $403,800 | $1,467,600 |
| 2021 | $19,070 | $1,871,400 | $403,800 | $1,467,600 |
| 2020 | $4,732 | $541,300 | $388,200 | $153,100 |
| 2019 | $3,575 | $689,400 | $322,100 | $367,300 |
| 2018 | $6,485 | $573,400 | $257,500 | $315,900 |
| 2017 | $6,222 | $533,200 | $243,000 | $290,200 |
| 2016 | $5,627 | $449,100 | $170,700 | $278,400 |
| 2015 | $5,625 | $446,100 | $169,800 | $276,300 |
Source: Public Records
Agents Affiliated with this Home
-
The Quail Group
-
Branch Out Residential Team
B
Buyer's Agent in 2019
Branch Out Residential Team
Coldwell Banker Realty - Boston
35 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72378559
APN: SOME-000105-A000000-000043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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