NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,288,000

3 Beds
2 Baths
2,107 Sq Ft
$567/Sq Ft Est. Value

Last Sold December 08, 2020

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

Est. 20% increase in value since last sale

Current estimated payment $7,249/month

55 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Porch
  • Somerville High School Rated A-
  • Balcony
  • 3-minute walk to Lexington Park

About This Home

As of December 2020

Prime location between Davis and Porter Squares -- this one is worth the look, come see this updated 2 family! Unit 1 is a first floor one bedroom with updated bath, large living room, oversized eat-in kitchen, dining/office room, currently tenant at will for 2450/mo. Unit 2 is recently vacated 2 bedroom, last rented for 3000/mo, and consists of the second and third floors. It features a large kitchen with soapstone counters and pantry, dining room with balcony, large living room with custom built-ins on the second floor. The third floor contains both bedrooms, the larger of the two with skylights. Outside, the yard is tastefully landscaped and fenced, with an expansive deck for entertaining in the back, and paver stone parking area in the front. Auto-feed gas fired boilers approx 2015, roof approx 2010. Great rental history makes this a sure thing for both investors and owner occupants. Quick and easy to commute or shopping with Davis/Porter Red line T.

Last Agent to Sell the Property

Sean Callahan

Callahan Real Estate Group LLC Listed on: 09/03/2020

Last Buyer's Agent

Jeanette Cummings

JMR Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,774

Year Built

  • Built in 1906

Lot Details

  • 2,178

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony
  • Porch

Additional Features

  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:29 B:I L:7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,774

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 474.13
  • Comp Based On: Net Sale Price
  • Year Built: 1906
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN2632
  • Main So: AN4112
  • Estimated Sq Ft: 2107.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Balcony, Fenced Yard
  • Foundation: Fieldstone, Brick, Granite

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Assessments: 777600.00
  • Acre: 0.05
  • Lot Size: 2160.00
  • Page: 18
  • Parcel Number: M:29 B:I L:7
  • Zoning: RB
  • Lot Description: Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 2450
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 7846.00
  • Assessor Parcel Number: 751431
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 24, 2020
Sold by
Whittaker Michael R and Whittaker Emily E
Bought by
Beckwith Daniel J
Seller's Agent
Sean Callahan
Callahan Real Estate Group LLC
Buyer's Agent
Jeanette Cummings
JMR Real Estate Group LLC
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Current Estimated Value
$1,195,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,254
Avg. Annual Appreciation
3.63%
Original Mortgage
$800,000
Outstanding Balance
$713,509
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$481,745

Purchase Details

Closed on
May 29, 2007
Sold by
Newton Jennifer J and Jaynes John N
Bought by
Kneece Emily E and Whittaker Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,600
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2001
Sold by
Storsdieck Martin and Jane Ashby M
Bought by
Jaynes John N and Newton Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1998
Sold by
Silvers Claire
Bought by
Jaynes John N and Newton Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.9%
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
Beckwith Daniel J $1,000,000 None Available
Kneece Emily E $532,000 --
Jaynes John N $83,000 --
Jaynes John N $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckwith Daniel J $800,000
Previous Owner Kneece Emily E $425,600
Previous Owner Jaynes John N $274,400
Previous Owner Jaynes John N $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $1,000,000 +0.1% $475 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/26/2020 10/26/20 Price Changed $999,000 0.0% $474 / Sq Ft
10/26/2020 10/26/20 For Sale $999,000 -4.9% $474 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $1,050,000 -2.3% $498 / Sq Ft
09/18/2020 09/18/20 Price Changed $1,075,000 -2.3% $510 / Sq Ft
09/03/2020 09/03/20 For Sale $1,100,000 -- $522 / 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 $11,774 $1,079,200 $494,600 $584,600
2024 $11,244 $1,068,800 $494,600 $574,200
2023 $10,490 $1,014,500 $494,600 $519,900
2022 $9,882 $970,700 $471,100 $499,600
2021 $8,320 $816,500 $448,600 $367,900
2020 $7,846 $777,600 $431,400 $346,200
2019 $7,380 $685,900 $375,100 $310,800
2018 $6,987 $617,800 $341,000 $276,800
2017 $6,858 $587,700 $321,700 $266,000
2016 $6,721 $536,400 $294,200 $242,200
2015 $6,717 $532,700 $292,600 $240,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72720040

MLS Property Information Network (MLS PIN)

APN: SOME-000029-I000000-000007