NOT LISTED FOR SALE

70 Park St Unit 31 Somerville, MA 02143

Ward Two Neighborhood

Estimated Value: $501,742 - $860,000

2 Beds
1 Bath
563 Sq Ft
$1,076/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $359,845 $639 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,620/month

About This Home

As of November 2016

Updated and Cozy! Bright Modern 2Bed/1Bath condo near Harvard Square, in an elevator mid-rise building. This sun-filled 2 bedroom unit boasts large windows and the glass door. It features granite counter-tops in kitchen and bath, red oak floors, lovely balcony, in-wall air conditioning, marble bathroom floor and much more. Basement laundry which gets regular cleaning from the condo association. Parking available on street with permit. Dogs are not allowed according to condo docs. Centrally located on a tree-lined street in ideal area of Somerville between Harvard, Porter, Union, and Inman Squares, about 1/2 mile from Harvard Yard. Enjoy living in a home with 87 walk score and is steps from some of the best restaurants ( take-outs), cafes, nightlife, shops, and athletic facilities that Somerville has to offer.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 23, 2016
Sold by
Cronican James J
Bought by
Wang Zhi
Seller's Agent
Willard Cunningham
Skymax Realty
Buyer's Agent
Lan Mi
Miland
List Price
$360,000
Sold Price
$359,845
Premium/Discount to List
-$155
-0.04%
Current Estimated Value
$605,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,841
Avg. Annual Appreciation
6.30%
Original Mortgage
$233,845
Outstanding Balance
$193,465
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$412,221

Purchase Details

Closed on
May 15, 2013
Sold by
Kamlet Adam S
Bought by
Cronican James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2008
Sold by
Fried Hannah K
Bought by
Kamlet Adam S and Cronican James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2005
Sold by
Aroli Rt and Menkiti Ifeanyi A
Bought by
Fried Hannah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Wang Zhi $359,845 --
Cronican James J $40,500 --
Kamlet Adam S $287,000 --
Fried Hannah K $282,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Zhi $233,845
Previous Owner Cronican James J $229,600
Previous Owner Cronican James J $248,000
Previous Owner Kamlet Adam S $258,300
Previous Owner Fried Hannah K $252,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Rented -- -- --
09/09/2021 09/09/21 For Rent $2,400 +41.2% --
10/14/2020 10/14/20 Under Contract -- -- --
09/30/2020 09/30/20 Rented $1,700 0.0% --
09/29/2020 09/29/20 Price Changed $1,700 -8.1% $3 / Sq Ft
09/22/2020 09/22/20 For Rent $1,850 0.0% --
11/23/2016 11/23/16 Sold $359,845 0.0% $639 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $360,000 -- $639 / Sq Ft

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 $4,872 $446,600 $0 $446,600
2024 $4,585 $435,800 $0 $435,800
2023 $4,465 $431,800 $0 $431,800
2022 $4,269 $419,400 $0 $419,400
2021 $4,274 $419,400 $0 $419,400
2020 $4,130 $409,300 $0 $409,300
2019 $4,347 $404,000 $0 $404,000
2018 $4,031 $356,400 $0 $356,400
2017 $4,167 $357,100 $0 $357,100
2016 $3,748 $299,100 $0 $299,100
2015 $3,463 $274,600 $0 $274,600
Source: Public Records

Agents Affiliated with this Home

  • Lan Mi

    Seller's Agent in 2021

    Lan Mi

    Miland

    (339) 927-3666

    11 Total Sales

    Lan Mi
    Section Image

  • W

    Seller's Agent in 2016

    Willard Cunningham

    Skymax Realty

    (617) 921-4758

    20 Total Sales

    Willard Cunningham
    Section Image
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Map

Massachusetts Middlesex County Somerville 02143 Ward Two

70 Park St Unit 31, Somerville, MA

This home is located at 70 Park St Unit 31, Somerville, MA 02143 and is currently estimated at $605,686, approximately $1,075 per square foot. 70 Park St Unit 31 is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.

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.

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