NOT LISTED FOR SALE

Estimated Value: $1,250,000 - $1,646,178

7 Beds
2.5 Baths
2,946 Sq Ft
$469/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,400,000 $475 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,380/month

27 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit and schools
  • 4-minute walk to North Street Veterans Playground

About This Home

As of July 2024

Incredible multi family opportunity in Somerville! This large Philadelphia Style 2-family in the heart of Teele Square is ready for a new owner or landlord. Unit 1 offers a 3 bedrooms, 1 bathroom and is currently rented through August for $3,450 a month. Unit 2 is vacant and ready for an owner occupant or new tenants. Opportunity to upgrade if desired. Offering 4 bedrooms, 1.5 bathrooms plus an office or small 5th bedroom. Both units have a back porch that could be opened up to expand the kitchen and private laundry. Roof, exterior siding, and front balcony are 5-7 years old. A+ Somerville location, close to Tufts University, nestled in Teele Square and about a 1/2 mile to Davis Square with restaurants, bars, cafes, shopping, the Red Line and MBTA Buses, and much more!

Last Agent to Sell the Property

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 03/20/2024

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Tony Madan

Boston Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,741

Year Built

  • Built in 1910

Lot Details

  • 3,324

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,946 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • Deck
  • 3,324 Sq Ft Lot
  • Property is near public transit and schools
  • 2 Heating Zones

Listing and Financial Details

  • Total Actual Rent $3,450
  • Assessor Parcel Number M:8 B:E L:9,748000

Community Details

Overview

  • 2 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,741

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 2946
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: BB3298
  • MAIN SO: NB9300

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:8 B:E L:9,748000
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3324
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13741

Multi Family

  • Net Operating Income: 41400
  • Number Of Units Total: 2
  • Total Actual Rent: 3450
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2013
Sold by
Wei Yingjie and Chen Jane X
Bought by
Ane Wei Y and Ane X Chen T
Current Estimated Value
$1,383,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,800
Outstanding Balance
$254,562
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,128,483

Purchase Details

Closed on
Sep 13, 2012
Sold by
Ane Yingjie and Ane X Chen T
Bought by
Wei Yingjie and Chen Jane X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2012
Sold by
Wei Yingjie and Chen Jane X
Bought by
Yingjie Wei T and Wei Yingjie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2012
Sold by
Yingjie Wei T and Wei Yingjie
Bought by
Wei Yingjie and Chen Jane X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Wei Yingjie and Chen Jane X
Bought by
Wei Yingjei and Che Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2010
Sold by
Wei Jingjie and Chen Jane
Bought by
Wei Tr Yingjie and Chen Jane Xiaohong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2010
Sold by
Wei Tr Yingjie and Chen Jane Xiaohong
Bought by
Wei Yingjie and Chen Jane

Purchase Details

Closed on
May 11, 2007
Sold by
Chen Xiaohong and Wei Yingjie
Bought by
Xiaohong Tr Jane and Wei Yingjie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Ane Wei Y -- --
Wei Yingjie -- --
Yingjie Wei T -- --
Wei Yingjie -- --
Wei Yingjei -- --
Wei Yingjei -- --
Wei Tr Yingjie -- --
Wei Yingjie -- --
Wei Yingjie -- --
Xiaohong Tr Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ane Wei Y $357,800
Previous Owner Wei Yingjie $360,000
Previous Owner Wei Yingjie $363,500
Previous Owner Wei Yingjei $365,000
Previous Owner Wei Yingjie $366,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $1,400,000 -6.4% $475 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,495,000 -- $507 / 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 $14,374 $1,317,500 $684,900 $632,600
2024 $13,741 $1,306,200 $684,900 $621,300
2023 $13,372 $1,293,200 $684,900 $608,300
2022 $12,591 $1,236,800 $652,300 $584,500
2021 $12,223 $1,199,500 $647,600 $551,900
2020 $11,778 $1,167,300 $648,000 $519,300
2019 $11,136 $1,034,900 $589,800 $445,100
2018 $10,077 $891,000 $536,200 $354,800
2017 $9,883 $846,900 $505,900 $341,000
2016 $9,552 $762,300 $451,800 $310,500
2015 $9,141 $724,900 $417,200 $307,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73214584

MLS Property Information Network (MLS PIN)

APN: SOME-000008-E000000-000009