The Young Group
Leopold & McMasters Realty
(339) 333-8140
78 Total Sales
1 in Davis Square
$645,000 Price
7 Simpson Ave Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $1,744,167
9
Beds
4
Baths
3,252
Sq Ft
$536/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- 3-minute walk to Davis Station
- Enclosed Patio or Porch
- Somerville High School Rated A-
- Wood Flooring
- 1-minute walk to Hodgkins-Curtin Park
About This Home
As of June 20247 Simpson Avenue presents a remarkable gambrel-style two-family home nestled on a quiet street, directly across from a picturesque park, and just beyond the bustling Davis Square. Boasting a history of great tenants, this property has consistently delivered a steady income. Stepping inside, you'll be greeted by soaring ceilings and gleaming hardwood floors throughout. Unit 1 offers a captivating Philadelphia-style layout with 4 bedrooms and 2 baths, while Unit 2 spans the 2nd and 3rd floors, offering 5 bedrooms and 2 baths. Both units feature enclosed front/ back porches and well-appointed eat-in kitchens equipped with dishwashers. The property also includes forced air systems with the potential to add central air conditioning, a charming backyard, a garage, and parking space for up to 3 cars. Boasting an impressive Walkscore® of 97, this location offers unparalleled convenience.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,368
Year Built
- Built in 1915
Lot Details
- 3,200 Sq Ft Lot
- Fenced
Parking
- 1 Car Garage
- Unpaved Parking
- Open Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,252 Sq Ft Home
- Property has 2 Levels
- Living Room
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Utilities
- Forced Air Heating System
- 2 Heating Zones
- Heating System Uses Natural Gas
Additional Features
- Enclosed Patio or Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $9,300
- Assessor Parcel Number M:16 B:A L:3,749078
Community Details
Recreation
- Park
Additional Features
- 2 Units
- Shops
- Net Operating Income $108,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2024
Sold by
Hsiao Chung-Yu and Chen Ying-Yu
Bought by
Current Estimated Value
Purchase Details
Listed on
Apr 23, 2024
Closed on
Jun 25, 2024
Sold by
Wei Y and Wei Xiaohong J
Bought by
Hsiao Chung-Yu and Chen Ying-Yu
Seller's Agent
Michael Cohen
Compass
Buyer's Agent
Adrian Cheng
Move2Boston Group, LLC
List Price
$1,650,000
Sold Price
$1,800,000
Premium/Discount to List
$150,000
9.09%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.38%
Original Mortgage
$1,170,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 26, 2013
Sold by
Wei Yingjie and Chen Xiaohong
Bought by
Yingjie Wei and Yingjie 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
$385,000
Interest Rate
3.64%
Purchase Details
Closed on
Sep 13, 2012
Sold by
Yingjie and Yingjie Jane X
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
$387,400
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2012
Sold by
Wei Yingjie and Chen Jane
Bought by
Yingjie Wei T and Yingjie Wei
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Interest Rate
3.86%
Purchase Details
Closed on
Oct 21, 2011
Sold by
Wei Yingjie and Chen Jane
Bought by
Yingjie Wei T and Yingjie Wei
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 2011
Sold by
Yingjei Wei and Yingjei Jane Che
Bought by
Wei Yingjei and Chen Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 2010
Sold by
Wei Tr Yinjgie and Chen Jane Xiaohong
Bought by
Wei 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
$390,000
Interest Rate
4.23%
Purchase Details
Closed on
Jun 22, 2010
Sold by
Wei Tr Yingjie and Chen Jane Xiaohong
Bought by
Wei Yingjie and Chen Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.03%
Purchase Details
Closed on
Jul 29, 1998
Sold by
Clark Paul W
Bought by
Wei Yingjie and Chen Xiaohong
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Davis Square, MA
-
The Young Group
-
Brody Murphy Novak Group
Brody Murphy Novak Group
Douglas Elliman Real Estate - Park Plaza
(781) 661-6002
46 Total Sales
1 in Davis Square
$1,250,000 Price
-
North Star Group
North Star Group
Real Broker MA, LLC
(857) 240-5268
104 Total Sales
1 in Davis Square
$700,000 Price
-
Jennifer Schneider
Jennifer Schneider
Century 21 Elite Realty
(781) 549-9402
105 Total Sales
1 in Davis Square
$1,900,000 Price
-
Hans Nagrath
Hans Nagrath
Compass
(888) 604-7140
168 Total Sales
1 in Davis Square
$1,350,000 Price
-
Patricia Mazza
Patricia Mazza
Patricia Mazza Real Estate
(857) 837-7412
7 Total Sales
1 in Davis Square
$1,285,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Hsiao Chung-Yu | $1,800,000 | None Available | |
| Yingjie Wei | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Yingjie | -- | -- | |
| Yingjie Wei T | -- | -- | |
| Yingjie Wei T | -- | -- | |
| Wei Yingjei | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Tr Yingjei | -- | -- | |
| Wei Yingjie | -- | -- | |
| Wei Yingjie | $265,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,032,650 | ||
| Previous Owner | Hsiao Chung-Yu | $1,170,000 | |
| Previous Owner | Wei Yingjie | $385,000 | |
| Previous Owner | Wei Yingjie | $387,400 | |
| Closed | Wei Yingjie | $387,400 | |
| Closed | Wei Yingjie | $388,500 | |
| Previous Owner | Wei Yingjie | $388,500 | |
| Closed | Wei Yingjie | $390,000 | |
| Closed | Wei Yingjie | $390,000 | |
| Closed | Wei Yingjie | $390,000 | |
| Closed | Chen Xiaohong | $342,500 | |
| Previous Owner | Chen Xiaohong | $349,500 | |
| Previous Owner | Chen Xiaohong | $350,000 | |
| Previous Owner | Wei Yingjie | $350,000 | |
| Previous Owner | Wei Yingjie | $350,000 | |
| Previous Owner | Wei Yingjie | $351,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2024 06/25/24 | Sold | $1,800,000 | +9.1% | $554 / Sq Ft |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- |
| 04/23/2024 04/23/24 | For Sale | $1,650,000 | -- | $507 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,122 | $1,569,400 | $810,100 | $759,300 |
| 2024 | $16,368 | $1,555,900 | $810,100 | $745,800 |
| 2023 | $15,566 | $1,505,400 | $810,100 | $695,300 |
| 2022 | $14,659 | $1,440,000 | $771,600 | $668,400 |
| 2021 | $14,240 | $1,397,400 | $765,900 | $631,500 |
| 2020 | $13,216 | $1,309,800 | $715,300 | $594,500 |
| 2019 | $3,851 | $1,208,300 | $697,700 | $510,600 |
| 2018 | $11,975 | $1,058,800 | $634,300 | $424,500 |
| 2017 | $3,672 | $1,006,600 | $598,400 | $408,200 |
| 2016 | $11,355 | $906,200 | $534,400 | $371,800 |
| 2015 | $10,871 | $862,100 | $493,500 | $368,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Cohen
Seller's Agent in 2024
Michael Cohen
Compass
(617) 852-1160
5 in this area
46 Total Sales
-
Katherine Malin
Seller Co-Listing Agent in 2024
Katherine Malin
Compass
(781) 799-5981
3 in this area
38 Total Sales
-
Adrian Cheng
AC
Buyer's Agent in 2024
Adrian Cheng
Move2Boston Group, LLC
(508) 202-2148
3 in this area
36 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73227544
APN: SOME-000016-A000000-000003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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