NOT LISTED FOR SALE

Estimated Value: $1,324,000 - $1,620,397

5 Beds
4 Baths
3,703 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $1,042,000 $281 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,817/month

9 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Garden
  • Somerville High School Rated A-
  • Porch
  • 3-minute walk to Marshall Street Playground

About This Home

As of July 2019

Landmark Queen Anne Victorian on the Local, State and National Historic Register in need of your love & restoration. Many exterior details incl. projecting gable sections, bays, decorative porches/balconies w/ other unique trim elements. Exterior wood details are matched by interior's rich carved woodwork by master cabinet maker, William R. Otis. Original details incl. amazing stained glass windows, decorative fireplaces, high ceilings w/medallions, over-sized windows, pocket doors & turret room. Originally built as a single family & converted into 3 unique apartments with a variety of updates & Cert. of Occupancy as 3-fam. Large walk-out basement w/full bathroom, Sauna, laundry area plus plenty of storage space.The Otis-Wyman House has its own Wikipedia Page! Large SW corner lot for maximum light. Less than 1/2 mile to a proposed T-stop, approx 1 mile to Assembly Row, easy access to Rte 93 & many local conveniences. Buyers are encouraged to do their due diligence prior to any offers.

Last Agent to Sell the Property

Sara Rosenfeld

Coldwell Banker Realty - Cambridge Listed on: 05/14/2019

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Patti Brainard

Compass

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1883

Lot Details

  • Year Round Access
  • Fenced Yard
  • Garden

Flooring

  • Wood
  • Tile

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:59 B:A L:16

Property Details

Home Type

Multi-Family

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 263.30
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1883
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Storage, Bathroom With Tub & Shower
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1883

Interior Features

  • Fireplaces: 4
  • Flooring: Wood, Tile, Varies Per Unit, Hardwood
  • Total Flrs: 6
  • Total Frplcs: 4
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 13
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • Main Lo: K95001
  • Main So: AN2383
  • Estimated Sq Ft: 3703.00

Exterior Features

  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Wood, Aluminum
  • Exterior Features: Porch, Gutters, Fenced Yard, Varies per Unit, Garden Area
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered, Varies per Unit
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Public School, T-Station

Lot Info

  • Assessments: 903600.00
  • Acre: 0.13
  • Lot Size: 5800.00
  • Page: 276
  • Parcel Number: M:59 B:A L:16
  • Zoning: RA
  • Lot Description: Corner, Fenced/Enclosed, Level

Green Features

  • Energy Features: Storm Windows, Varies per Unit

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6618.00
  • Assessor Parcel Number: 756210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Jun 24, 2019
Sold by
Bernstein Veronika and Bernstein David
Bought by
Otis-Wyman House Llc
Seller's Agent
Sara Rosenfeld
Coldwell Banker Realty - Cambridge
Buyer's Agent
Patti Brainard
Compass
List Price
$975,000
Sold Price
$1,042,000
Premium/Discount to List
$67,000
6.87%
Current Estimated Value
$1,441,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,849
Avg. Annual Appreciation
5.17%
Original Mortgage
$950,000
Outstanding Balance
$830,069
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$611,780

Purchase Details

Closed on
Nov 8, 1989
Sold by
Gorayeb Denise
Bought by
Bernstein David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
10.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Otis-Wyman House Llc $1,042,000 --
Bernstein David $335,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otis-Wyman House Llc $950,000
Previous Owner Bernstein David $476,250
Previous Owner Bernstein David $10,000
Previous Owner Bernstein David $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2019 07/02/19 Sold $1,042,000 +6.9% $281 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $975,000 -- $263 / 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 $14,785 $1,355,200 $457,500 $897,700
2024 $13,846 $1,316,200 $457,500 $858,700
2023 $13,529 $1,308,400 $457,500 $850,900
2022 $12,940 $1,271,100 $435,700 $835,400
2021 $11,907 $1,168,500 $414,900 $753,600
2020 $10,642 $1,054,700 $399,000 $655,700
2019 $9,723 $903,600 $338,700 $564,900
2018 $9,714 $858,900 $326,700 $532,200
2017 $9,575 $820,500 $304,600 $515,900
2016 $9,406 $750,700 $263,400 $487,300
2015 $8,952 $709,900 $234,800 $475,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72499734

MLS Property Information Network (MLS PIN)

APN: SOME-000059-A000000-000016