Seller's Agent in 2018
Jessica Ye
Keller Williams Realty Boston Northwest
(617) 839-6719
79 Total Sales
63 Prescott St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,005,050 - $1,070,000
4
Beds
2
Baths
2,003
Sq Ft
$519/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Fenced Yard
- Porch
- Somerville High School Rated A-
About This Home
As of August 2018OPEN HOUSE 5/5 SAT & 5/6 SUN from 12-1 * LOCATION! LOCATION! LOCATION! Steps to popular Union Sq shops & restaurants, bus stop & the future green line, high school and the library from this bright and sunny 2 family home. Great investment for rental income or condo conversion. Property offers lots of potential: High ceilings, wood floors and spacious rooms. Maintenance free vinyl siding. Fenced in yard. 1st floor offers 3RM: Kitchen, Living Room & Bedroom. 2nd and 3rd floor offers 5RM: Living Room, kitchen & 1 Bedroom on the 2nd floor, 2 additional bedrooms on the 3rd floor. Both units are currently rented with lease expiring on August, 31, 2018. Perfect opportunity to build sweat equity in great convenient location. Only 1 mile to Inman and only 2 miles from the malls and shops at Assembly Sq. Offers due on 5/8 TUE at 7PM. Best 2 family value in all of Somerville -- so hurry, this one wouldn't last!
Last Agent to Sell the Property
Keller Williams Realty Boston Northwest Listed on: 05/03/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,186
Year Built
- Built in 1920
Lot Details
- Year Round Access
- Fenced Yard
Flooring
- Wood Flooring
Outdoor Features
- Rain Gutters
- Porch
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:62 B:B L:24
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2018
Closed on
Aug 16, 2018
Sold by
Yang Zhiwei
Bought by
Parton Evan
Seller's Agent
Jessica Ye
Keller Williams Realty Boston Northwest
Buyer's Agent
Adam Shamus
Compass
List Price
$699,999
Sold Price
$770,000
Premium/Discount to List
$70,001
10%
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
$262,932
Avg. Annual Appreciation
4.23%
Original Mortgage
$786,425
Interest Rate
5.12%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 18, 2014
Sold by
Yang Zhiwei and Wang Yan
Bought by
Wang Zhiwei
Purchase Details
Closed on
Feb 24, 2011
Sold by
Zhiwei Yang and Yan Wang
Bought by
Wang Yan and Yang Zhiwei
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 23, 2010
Sold by
Wang Yan and Yang Zhiwei
Bought by
Yang Tr Zhiwei and Wang Yan
Purchase Details
Closed on
Apr 18, 2007
Sold by
Deutsche Bank Natl T C
Bought by
Wang Yan and Yang Zhiwel
Purchase Details
Closed on
Jun 15, 2006
Sold by
Majumdar Radhika and Deutsche Bank Natl T C
Bought by
Deutsche Bk Natl T Co
Purchase Details
Closed on
Apr 29, 1994
Sold by
Sengupta Shekhar
Bought by
Tiedeman Radhika
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parton Evan | $770,000 | -- | |
| Wang Zhiwei | -- | -- | |
| Wang Zhiwei | -- | -- | |
| Wang Yan | -- | -- | |
| Wang Yan | -- | -- | |
| Yang Tr Zhiwei | -- | -- | |
| Yang Tr Zhiwei | -- | -- | |
| Wang Yan | $360,000 | -- | |
| Wang Yan | $360,000 | -- | |
| Deutsche Bk Natl T Co | $463,500 | -- | |
| Deutsche Bk Natl T Co | $463,500 | -- | |
| Tiedeman Radhika | $119,900 | -- | |
| Tiedeman Radhika | $119,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Agrawal Anant | $728,700 | |
| Closed | Agrawal Anant | $728,700 | |
| Closed | Parton Evan | $720,000 | |
| Closed | Parton Evan | $786,425 | |
| Previous Owner | Wang Yan | $259,000 | |
| Previous Owner | Wang Yan | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2018 08/16/18 | Sold | $770,000 | +10.0% | $384 / Sq Ft |
| 05/10/2018 05/10/18 | Pending | -- | -- | -- |
| 05/03/2018 05/03/18 | For Sale | $699,999 | -- | $349 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $10,186 | $933,600 | $472,200 | $461,400 |
| 2024 | $9,543 | $907,100 | $472,200 | $434,900 |
| 2023 | $9,302 | $899,600 | $472,200 | $427,400 |
| 2022 | $8,698 | $854,400 | $449,700 | $404,700 |
| 2021 | $7,950 | $780,200 | $428,300 | $351,900 |
| 2020 | $7,502 | $743,500 | $411,800 | $331,700 |
| 2019 | $7,147 | $664,200 | $358,100 | $306,100 |
| 2018 | $6,761 | $597,800 | $325,500 | $272,300 |
| 2017 | $6,313 | $541,000 | $307,100 | $233,900 |
| 2016 | $6,341 | $506,100 | $280,900 | $225,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Adam Shamus
Compass
(617) 852-3170
58 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72319873
APN: SOME-000062-B000000-000024
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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