NOT LISTED FOR SALE

70 Line St Somerville, MA 02143

Ward Two Neighborhood

Estimated Value: $1,981,000 - $2,878,137

12 Beds
5 Baths
3,591 Sq Ft
$642/Sq Ft Est. Value

Last Sold November 07, 2018

Last sale price $1,862,000 $519 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,444/month

25 Days on Market

Highlights

  • Wood Flooring
  • Somerville High School Rated A-
  • Porch

About This Home

As of November 2018

Owner says, “Sell”! Amazing Somerville location minutes to Harvard Square, Inman Square, Harvard University and MIT! Hard to find 18 room three family with front and rear porches, separate gas heat and utilities plus parking potential for up to 6+ cars! Many updates! High rental area and condo conversion potential make 70 Line Street a fantastic opportunity! 70 Line Street offers a unique Somerville experience with many shops, restaurants and taverns nearby. Easy access to Harvard Square, The Red Line & Boston! Take advantage of this special purchase and benefit from the increasing value of this highly sought after neighborhood on the Somerville/Cambridge Line! Check your map and see how close this is to Harvard Square! See you at the Open House!

Last Listed By

Jeremy Nissenbaum

Nissenbaum, REALTORS® Listed on: 09/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,387

Year Built

  • Built in 1900

Lot Details

  • 4,356

Additional Features

  • Wood Flooring
  • Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:66 B:D L:16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,387

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 494.29
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 12
  • Total Brs: 12
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Fbh: 3
  • Total Hbh: 2
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB3270
  • Main So: NB5354
  • Estimated Sq Ft: 3591.00

Exterior Features

  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Private School, T-Station, University

Lot Info

  • Assessments: 971200.00
  • Acre: 0.10
  • Lot Size: 4208.00
  • Page: 26
  • Parcel Number: M:66 B:D L:16
  • Zoning: RB

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 7500
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 10984.00
  • Assessor Parcel Number: 757222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 7, 2018
Sold by
Nissenbaum Robert A
Bought by
Park Michael J and Lee Patricia H
Seller's Agent
Jeremy Nissenbaum
Nissenbaum, REALTORS®
Buyer's Agent
Michael Park
Splice Realty
List Price
$1,775,000
Sold Price
$1,862,000
Premium/Discount to List
$87,000
4.9%
Total Days on Market
25
Current Estimated Value
$2,306,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,784
Avg. Annual Appreciation
3.43%
Original Mortgage
$1,396,500
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 1979
Bought by
Nissenbaum Robert A

Range of Values:

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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
Park Michael J $1,862,000 --
Nissenbaum Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Michael J $1,391,000
Closed Park Michael J $1,396,500
Previous Owner Nissenbaum Robert A $459,000
Previous Owner Nissenbaum Robert A $500,000
Previous Owner Nissenbaum Robert A $225,000
Previous Owner Nissenbaum Robert A $172,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2018 11/07/18 Sold $1,862,000 +4.9% $519 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $1,775,000 -- $494 / 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 $18,387 $1,685,300 $799,100 $886,200
2024 $17,321 $1,646,500 $799,100 $847,400
2023 $16,925 $1,636,800 $799,100 $837,700
2022 $16,110 $1,582,500 $760,900 $821,600
2021 $15,459 $1,517,100 $724,700 $792,400
2020 $15,026 $1,489,200 $696,800 $792,400
2019 $13,170 $1,224,000 $591,800 $632,200
2018 $10,984 $971,200 $538,000 $433,200
2017 $10,485 $898,500 $487,200 $411,300
2016 $10,468 $835,400 $479,000 $356,400
2015 $9,720 $770,800 $441,800 $329,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeremy Nissenbaum

    Nissenbaum, REALTORS®

    (617) 686-0394

    9 Total Sales

    Jeremy Nissenbaum
    Section Image
  • Michael Park

    Buyer's Agent in 2018

    Michael Park

    Splice Realty

    (617) 233-8661

    1 Total Sale

    Michael Park
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72391519

MLS Property Information Network (MLS PIN)

APN: SOME-000066-D000000-000016

Massachusetts Middlesex County Somerville 02139 Ward Two

70 Line St, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 70 Line St, Somerville, MA 02143 since 07 September 2018 and is currently estimated at $2,306,784, approximately $642 per square foot. This property was built in 1900. 70 Line St is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Charter School.

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MLS Property Information Network (MLS PIN) 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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