NOT LISTED FOR SALE

Estimated Value: $1,479,000 - $1,874,000

8 Beds
4 Baths
3,475 Sq Ft
$467/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $1,140,000 $328 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,776/month

34 Days on Market

About This Home

As of June 2018

The property contains one 2 bedroom unit and two, 3-bedroom units. The property features a 2-car garage, separate utilities, a private deck on the second floor and a fully renovated top floor unit with new hardwood floors, a modern bathroom, a modern kitchen with stainless steel appliances and granite counter tops and an in-unit washer and dryer. The Property is located on a corner lot at the intersection of Temple Street and Derby Street, in a densely populated residential neighborhood in the Winter Hill section of Somerville. The Property benefits from its central location that offers quick access to Interstate-93, public transportation service, numerous shopping and dining options including the new Assembly Row and proximity to Foss Park with athletic fields, basketball courts, tennis courts and public swimming pools. The location and the immediate area is expected further benefit from the MBTA's Green Line Extension into 6 new stations, with Gilman Square approx. .5 miles away.

Last Agent to Sell the Property

Dennis Kelleher

Horvath & Tremblay Listed on: 04/02/2018

Last Buyer's Agent

Dennis Kelleher

Horvath & Tremblay Listed on: 04/02/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,792

Parking

  • 1 Car Garage

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 343.88
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Fireplaces: 1
  • Total Flrs: 6
  • Total Frplcs: 1
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 17
  • Basement: Y
  • Basement Features: Concrete Floor
  • Main Lo: AN2723
  • Main So: AN2723
  • Estimated Sq Ft: 3475.00

Exterior Features

  • Construction: Frame
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 834700.00
  • Acre: 0.11
  • Lot Size: 4791.00
  • Page: 52
  • Zoning: RB
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 7050
  • Total Rms: 17
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 9440.00
  • Assessor Parcel Number: 757474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 4, 2018
Sold by
Aijack Llc
Bought by
Cbc Homes Llc
Seller's Agent
Dennis Kelleher
Horvath & Tremblay
Buyer's Agent
Dennis Kelleher
Horvath & Tremblay
List Price
$1,225,000
Sold Price
$1,140,000
Premium/Discount to List
-$85,000
-6.94%
Current Estimated Value
$1,621,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,343
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Oct 12, 2016
Sold by
Qin Lei
Bought by
Aijack Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
3.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2003
Sold by
Daquelha Maria J
Bought by
Qin Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cbc Homes Llc $1,140,000 --
Aijack Llc $835,000 --
Qin Lei $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aijack Llc $688,000
Previous Owner Qin Lei $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2018 06/04/18 Sold $1,140,000 -4.6% $328 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $1,195,000 -2.4% $344 / Sq Ft
04/02/2018 04/02/18 For Sale $1,225,000 -- $353 / 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 $16,286 $1,492,800 $416,100 $1,076,700
2024 $15,219 $1,446,700 $416,100 $1,030,600
2023 $14,864 $1,437,500 $416,100 $1,021,400
2022 $14,244 $1,399,200 $396,200 $1,003,000
2021 $12,903 $1,266,200 $360,000 $906,200
2020 $12,031 $1,192,400 $346,100 $846,300
2019 $10,410 $967,500 $291,200 $676,300
2018 $9,440 $834,700 $264,800 $569,900
2017 $8,346 $715,200 $249,800 $465,400
2016 $8,038 $641,500 $202,800 $438,700
2015 $7,939 $629,600 $201,700 $427,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72301194

MLS Property Information Network (MLS PIN)

APN: SOME-000069-G000000-000001