NOT LISTED FOR SALE

Estimated Value: $1,829,000 - $2,660,265

6 Beds
4 Baths
3,689 Sq Ft
$585/Sq Ft Est. Value

Last Sold July 07, 2014

Last sale price $1,290,000 $350 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $13,321/month

38 Days on Market

About This Home

As of July 2014

Prospect Hill will ultimately be the most aristocratic and fashionable place in the suburbs of Boston….SOMERVILLE JOURNAL, 1870. Just above Union Square, the S.E. Brackett House is set on a leafy, shaded side street in the famed Prospect Hill neighborhood, a wonderful turn-of-the-century house in the heart of modern Somerville. It is a classic Second-Empire-Mansard Victorian that is listed on the National, Massachusetts, and the Somerville Historic District Registries. It also has the distinction of having received the 2002 Somerville Historic Preservation Award. Constructed in 1880 as a grand single family and easily returned to that use, the house has been transformed to accommodate three residences, each with well-proportioned and light filled rooms. Extensively renovated in 2001 it retains virtually all of its original personality, both in its overall character and in its abundance of exquisite exterior architectural detail.

Last Agent to Sell the Property

Laura Palumbo-Hanson

Gibson Sotheby's International Realty Listed on: 04/30/2014

Gibson Sotheby's International Realty

Last Buyer's Agent

Laura Palumbo-Hanson

Gibson Sotheby's International Realty Listed on: 04/30/2014

Gibson Sotheby's International Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,920

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, City View(s), Fenced/Enclosed, Gentle Slope, Scenic View(s)
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: 220 Volts, Circuit Breakers, 60 Amps/Less, 100 Amps, Individually Metered, Varies per Unit
  • Energy: Insulated Windows, Storm Windows, Insulated Doors, Storm Doors
  • Flooring: Wood, Tile, Hardwood, Pine
  • Basement: Full, Crawl, Walk Out, Interior Access, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Slate, Rubber
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch, Deck - Wood, Patio, Gutters, Professional Landscaping, Sprinkler System, Screens, Fenced Yard, City View(s), Garden Area, Stone Wall
  • Foundation: Fieldstone, Brick, Granite, Irregular

Garage/Parking

  • Parking: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Heat Zones: 4
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Icemaker Connection, Varies per Unit

Schools

  • Elementary School: Argenziano
  • High School: Somerville High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jul 7, 2014
Sold by
Parsons 3Rd Livingston and Smith Mandeliene L
Bought by
Downie Patrick and Downie Stella
Seller's Agent
Laura Palumbo-Hanson
Gibson Sotheby's International Realty
Buyer's Agent
Laura Palumbo-Hanson
Gibson Sotheby's International Realty
List Price
$1,100,000
Sold Price
$1,290,000
Premium/Discount to List
$190,000
17.27%
Current Estimated Value
$2,157,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,316
Avg. Annual Appreciation
3.84%
Original Mortgage
$1,032,000
Outstanding Balance
$806,400
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,162,062

Purchase Details

Closed on
Apr 20, 2001
Sold by
Koch Gayle S
Bought by
Parsons Livingston

Purchase Details

Closed on
Jul 22, 1988
Sold by
Baer Allan T
Bought by
Koch Robert E
Source: Public Records

Range of Values:

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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
Downie Patrick $1,290,000 --
Parsons Livingston $638,000 --
Koch Robert E $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downie Patrick $1,032,000
Closed Baer Allan T $1,032,000
Previous Owner Baer Allan T $518,000
Previous Owner Baer Allan T $525,000
Previous Owner Smith Mandeliene L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2014 07/07/14 Sold $1,290,000 +17.3% $350 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $1,100,000 -- $298 / 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 $21,920 $2,009,200 $699,700 $1,309,500
2024 $20,541 $1,952,600 $699,700 $1,252,900
2023 $20,073 $1,941,300 $699,700 $1,241,600
2022 $19,192 $1,885,300 $666,400 $1,218,900
2021 $17,675 $1,734,500 $634,600 $1,099,900
2020 $16,512 $1,636,500 $610,200 $1,026,300
2019 $15,229 $1,415,300 $530,600 $884,700
2018 $13,860 $1,225,500 $482,400 $743,100
2017 $13,717 $1,175,400 $455,000 $720,400
2016 $12,957 $1,034,100 $416,200 $617,900
2015 $11,430 $906,400 $413,900 $492,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71672293

MLS Property Information Network (MLS PIN)

APN: SOME-000080-E000000-000012