G
Seller's Agent in 2019
Gail Roberts, Ed Feijo & Team
Coldwell Banker Realty - Cambridge
(617) 844-2712
329 Total Sales
65 Adams St Somerville, MA 02145
Magoun Square NeighborhoodEstimated Value: $1,499,000 - $1,827,000
18
Beds
6
Baths
9,888
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Porch
- Somerville High School Rated A-
- Covered Deck
About This Home
As of June 2019This well maintained 6-unit property is located on a tree-lined side street in the Winter Hill neighborhood. The property is comprised of six units, each with over 1,400 square feet of living space, 6 rooms, 3 bedrooms, large bay windows, eat-in kitchens, front & rear porches, and all with separate heating, hot water, and electrical services. There are two separate unfinished basements with laundry hookups. Current rents are under market; projected gross income is $208,800 were all units rented at $2,800. Great location with easy access to I-93, Union, Assembly, and Davis Squares.
Last Agent to Sell the Property
Coldwell Banker Realty - Cambridge Listed on: 03/12/2019
Last Buyer's Agent
Coldwell Banker Realty - Cambridge Listed on: 03/12/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- Year Round Access
Outdoor Features
- Covered Deck
- Porch
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2020
Sold by
210 & 212 Broadway Llc
Bought by
Mcdonough Matthew C and Mcdonough Maria
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$779,802
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$881,867
Purchase Details
Listed on
Mar 12, 2019
Closed on
May 23, 2019
Sold by
Shumway Joanna and Ready Maria
Bought by
65 Adams Llc
Seller's Agent
Gail Roberts, Ed Feijo & Team
Coldwell Banker Realty - Cambridge
Buyer's Agent
Gail Roberts, Ed Feijo & Team
Coldwell Banker Realty - Cambridge
List Price
$3,650,000
Sold Price
$3,200,000
Premium/Discount to List
-$450,000
-12.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.38%
Original Mortgage
$2,750,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 4, 2018
Sold by
Stavropoulos Jeannette Z
Bought by
Shumway Joanna and Ready Maria
Purchase Details
Closed on
Feb 24, 1989
Sold by
Buckley John
Bought by
65-71 Adams St Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
10.75%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcdonough Matthew C | $1,100,000 | None Available | |
| 65 Adams Llc | $3,200,000 | -- | |
| Shumway Joanna | -- | -- | |
| 65-71 Adams St Rt | $637,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcdonough Matthew C | $880,000 | |
| Previous Owner | 65 Adams Llc | $2,750,000 | |
| Previous Owner | 65-71 Adams St Rt | $510,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2019 06/03/19 | Sold | $3,200,000 | -12.3% | $324 / Sq Ft |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- |
| 03/12/2019 03/12/19 | For Sale | $3,650,000 | -- | $369 / 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 | $21,016 | $1,926,300 | $477,900 | $1,448,400 |
| 2024 | $19,598 | $1,862,900 | $477,900 | $1,385,000 |
| 2023 | $19,734 | $1,908,500 | $477,900 | $1,430,600 |
| 2022 | $18,915 | $1,858,100 | $455,100 | $1,403,000 |
| 2021 | $11,350 | $1,113,800 | $433,500 | $680,300 |
| 2020 | $13,354 | $1,323,500 | $416,800 | $906,700 |
| 2019 | $12,371 | $1,149,700 | $353,800 | $795,900 |
| 2018 | $10,478 | $926,400 | $341,200 | $585,200 |
| 2017 | $10,184 | $872,700 | $318,200 | $554,500 |
| 2016 | $8,960 | $715,100 | $275,200 | $439,900 |
| 2015 | $8,502 | $674,200 | $245,400 | $428,800 |
Source: Public Records
Agents Affiliated with this Home
-
Gail Roberts, Ed Feijo & Team
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72463745
APN: SOME-000048-A000000-000042
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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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