$838,000
SOLD OCT 21, 2019

68 Albion St Somerville, MA 02143

5 Beds
2 Baths
2,439 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$344 Per Sq Ft

7% Below List Price

13 Days on Market

Highlights

  • Porch
  • Somerville High School Rated A-
  • 2-minute walk to Albion Park

About This Home

As of April 2021

Builders and Developers take notice ! Vacant two family house in great location in the heart of Somerville. The house has been gutted to the studs and awaits your vision and finishes. Renovate for owner occupancy, rental investment, condo conversion, live as a two family or convert to a large single family. 2 off street parking spaces, walk score over 80. Convenient to the Community Bike Path, T and Bus lines. Easy access to Davis and Porter Squares, and all the shops and eateries they have to offer. Showing Schedule: Group Showing Friday September 27 - 12pm, Open house Sunday 1:30-3pm, Group Showings Tuesday October 1- 4pm, Wednesday October 2 - 12pm. Offers due Thursday October 3 at 4pm.

Last Agent to Sell the Property

Shane Marrion

Benoit Real Estate Group ,LLC Listed on: 09/25/2019

Last Buyer's Agent

Tina Endicott

RE/MAX Encore

RE/MAX Encore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,097

Year Built

  • Built in 1900

Additional Features

  • Porch
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:42 B:C L:9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,097

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 369.00
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB5745
  • Main So: B95079
  • Estimated Sq Ft: 2439.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Poured Concrete

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station, University

Lot Info

  • Assessments: 771600.00
  • Acre: 0.08
  • Lot Size: 3377.00
  • Page: 202
  • Parcel Number: M:42 B:C L:9
  • Zoning: RA

Multi Family

  • Total Levels: 3
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 8302.00
  • Assessor Parcel Number: 753621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 26, 2021
Sold by
68 Albion St Llc
Bought by
Nollman Matthew W and Leach Rebecca R
Seller's Agent
Tina Endicott
RE/MAX Encore
Buyer's Agent
Rory Payson
Payson Realty
List Price
$1,799,900
Sold Price
$1,750,000
Premium/Discount to List
-$49,900
-2.77%
Current Estimated Value
$1,696,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,000
Original Mortgage
$1,749,000
Outstanding Balance
$1,598,439
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Similar Homes in the area

  • 483 Broadway, Medford, MA 02155

    $1,025,000

    • 7 Beds
    • 3 Baths
    • 2,570 Sq Ft
    • 483 Broadway
    • Medford, MA

    Prime Two-Family Opportunity located in the heart of Magoun Square, this updated two-family home offers both convenience and investment potential. Just 10 min walk to the Green Line stop and with easy access to Routes 93 and 28, commuting is a breeze. You're moments away from the shops, bakeries, restaurants, and amenities of both Medford and Somerville—yet the property offers surprising privacy

    Tenzing Rapgyal Trinity Real Estate

    Section Image
  • 22 Bowdoin St, Somerville, MA 02143

    $1,000,000

    • 4 Beds
    • 2 Baths
    • 2,279 Sq Ft
    • 22 Bowdoin St
    • Somerville, MA

    On the Park! Incredible investor or end-user opportunity! Rarely available 2-family on a quiet dead-end street in vibrant Union Square, just 0.5 mi to the Green Line T. This character-filled property offers location, scale, & built-in income through 8/31/26 ($5,315/month total). Unit 1 features 1 bed, wood floors, ceiling fans, dishwasher, pantry, & a front flex space ideal for live/work. Unit 2

    Stewart Silvestri Gibson Sotheby's International Realty

    Section Image
  • 17 Wyatt St, Somerville, MA 02143

    $1,049,000

    • 4 Beds
    • 2 Baths
    • 1,946 Sq Ft
    • 17 Wyatt St
    • Somerville, MA

    Somerville two-family home in a prime location between vibrant Union and Inman squares. Situated on a corner lot, in quiet neighborhood walking distance to the Union Square Green Line T station and multiple bus routes. Whole Food is only 2 blocks away, and Harvard campus and Central Square are less than a mile away. New gas heating systems for both units. Rubber roof is approximately 20 years

    Evelyn Ullman Coldwell Banker Realty - Lynnfield

    Section Image
  • 41 Bailey Rd, Somerville, MA 02145

    $939,900

    • 5 Beds
    • 3 Baths
    • 3,059 Sq Ft
    • 41 Bailey Rd
    • Somerville, MA

    41 Bailey Road is located right at the foot of 10 Hills, a quiet and close-knit enclave of the booming urban landscape that is Somerville. Imagine living in a neighborhood right down the street from the bucolic Mystic River Reservation, but also near convenient hot spots like Assembly Row, Wellington Station, the Encore Casino, not to mention easy access to Boston. The house itself is an

    Michael Cohen Compass

    Section Image
  • 38 Hunting St, Cambridge, MA 02141

    $899,000

    • 4 Beds
    • 2.5 Baths
    • 1,568 Sq Ft
    • 38 Hunting St
    • Cambridge, MA

    Located in a sought-after Cambridge neighborhood, this 2-family home offers an exceptional opportunity for end-users or investors! Set on a side street with easy access to Harvard, Inman & Union Squares, Cambridge Crossing & multiple public transportation lines, the property offers incredible convenience to all that Cambridge has to offer, as well as neighboring Somerville and Boston! Each unit

    Hudson Santana Keller Williams Realty Boston Northwest

    Section Image
  • 114 Capen St, Medford, MA 02155

    $899,000

    • 4 Beds
    • 2 Baths
    • 2,288 Sq Ft
    • 114 Capen St
    • Medford, MA

    Excellent location near Tufts University! Walk or bike to the University, new Greenline T Stop, restaurants, cafes and more. This traditional two family home offers 2 beds, 1 bath per unit. Both units have gas heating, gas hot water and gas cooking. Currently there is on street parking however, the lot offers clear space to install a curb cut, large driveway and maybe even your dream garage!

    Patti Reilly Team RE/MAX Real Estate Center

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $1,750,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,749,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $1,750,000 -2.8% $538 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $1,799,900 +114.8% $553 / Sq Ft
10/21/2019 10/21/19 Sold $838,000 -6.9% $344 / Sq Ft
10/08/2019 10/08/19 Price Changed $900,000 0.0% $369 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
10/05/2019 10/05/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $900,000 +58.2% $369 / Sq Ft
01/23/2014 01/23/14 Sold $569,000 0.0% $245 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $569,000 -- $245 / 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
2022 $15,097 $1,483,000 $445,000 $1,038,000
2021 $6,636 $651,200 $423,700 $227,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72570739

MLS Property Information Network (MLS PIN)

APN: SOME-000042-C000000-000009