NOT LISTED FOR SALE

70 Craigie St Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,671,000 - $2,995,000

6 Beds
3 Baths
3,412 Sq Ft
$718/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $1,150,000 $337 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $15,798/month

98 Days on Market

About This Home

As of October 2014

Now Vacant & dramaticly reduced price! Located in the historic Spring Hill neighborhood within 3/4 mile of Porter Sq, Redline T stop & shopping-dining zone; 1 mile to either Lesley or Harvard U's (per Google Maps); This substantial property is an example of a grand Victorian house; set back on a large lot near the top of the hill with good views; 4 car bay garage at back of lot; property is comfortably habitable, but new owner may want to consider opportunities to expand or develop further. A feasibility memo was done by a local architect and floor plans are available; the 1st floor has large scaled rooms with 9'6" ceiling heights, bay windows and a beautiful antique pillared mantle piece. (ornamental FP only) It offers potential for 3 BR's with minor changes to walls-doorways; 2nd floor features good sized rooms and a sweet deck off the back corner. 3rd floor features cathedraled ceilings & a large view deck. No representation is made regarding accuracy of sq. ft.

Last Agent to Sell the Property

Louise Olson

Berkshire Hathaway HomeServices Robert Paul Properties Listed on: 06/11/2014

Berkshire Hathaway HomeServices Robert Paul Properties

Last Buyer's Agent

Louise Olson

Berkshire Hathaway HomeServices Robert Paul Properties Listed on: 06/11/2014

Berkshire Hathaway HomeServices Robert Paul Properties

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,817

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, City View(s)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, T-Station, University
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Basement: Full, Crawl, Bulkhead, Concrete Floor

Exterior Features

  • Frontage: 60.00
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch, Deck, Deck - Roof, Patio
  • Foundation: Other (See Remarks)

Garage/Parking

  • Garage Spaces: 4
  • Parking: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: 38-A-51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Oct 17, 2014
Sold by
70 Craigie Street Llc
Bought by
Somervista Llc
Seller's Agent
Louise Olson
Berkshire Hathaway HomeServices Robert Paul Properties
Buyer's Agent
Louise Olson
Berkshire Hathaway HomeServices Robert Paul Properties
List Price
$1,400,000
Sold Price
$1,150,000
Premium/Discount to List
-$250,000
-17.86%
Current Estimated Value
$2,449,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,299,515
Avg. Annual Appreciation
7.02%
Original Mortgage
$805,000
Outstanding Balance
$616,922
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,832,593

Purchase Details

Closed on
Apr 16, 2008
Sold by
Hamwey Emile J and Weelch Joyce E
Bought by
70 Cragie Street Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Somervista Llc $1,150,000 --
70 Cragie Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somervista Llc $805,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $1,150,000 -17.9% $337 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $1,400,000 -- $410 / 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 $34,817 $3,191,300 $888,200 $2,303,100
2024 $32,533 $3,092,500 $888,200 $2,204,300
2023 $31,772 $3,072,700 $888,200 $2,184,500
2022 $30,573 $3,003,200 $845,900 $2,157,300
2021 $28,177 $2,765,200 $805,600 $1,959,600
2020 $26,380 $2,614,500 $774,600 $1,839,900
2019 $24,337 $2,261,800 $673,500 $1,588,300
2018 $22,044 $1,949,100 $612,300 $1,336,800
2017 $12,134 $1,039,800 $577,600 $462,200
2016 $13,535 $1,080,200 $528,300 $551,900
2015 $11,238 $891,200 $525,400 $365,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Louise Olson

    Berkshire Hathaway HomeServices Robert Paul Properties

    (617) 470-5077

    7 Total Sales

    Louise Olson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71697244

MLS Property Information Network (MLS PIN)

APN: SOME-000038-A000000-000051

Massachusetts Middlesex County Somerville 02143 Spring Hill

70 Craigie St, Somerville, MA

Not Listed for Sale

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