NOT LISTED FOR SALE

70 Prospect St Unit 201 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $972,200 - $999,000

2 Beds
2 Baths
1,176 Sq Ft
$444/mo HOA Fee

Last Sold October 19, 2021

Last sale price $850,000 $723 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,433/month

7 Days on Market

Highlights

  • Balcony
  • Dining Area
  • 1 Cooling Zone
  • Somerville High School Rated A-

About This Home

As of October 2021

Gorgeous Union Square condo with private deck and central air. Modern and upscale, this 2017 2bed/2bath condo at The Flatiron is nestled between both Union and Inman Squares and overlooks the forthcoming green line stop; a must-see on any urban-dweller’s wish-list. Located on the 2nd floor at the front corner of the ‘flatiron’, this open-concept home features 9-foot ceilings, maple hardwood floors, and oversized windows allowing for an abundance of natural light. The beautiful kitchen boasts stainless steel appliances, white shaker-style cabinets, and granite countertops. Amenities include a 100-sq ft exclusive deck, in-unit laundry, central air, and plentiful closets. The Flatiron is a professionally managed luxury elevator building with an expansive common roof-deck and a patio, plentiful bike racks, dedicated storage and a soon to be fenced-in yard. With a walk score of 95, conveniently located near Whole Foods, Bow Market, Target, and the Central Square red line T stop!

Last Agent to Sell the Property

The Denman Group

Compass Listed on: 09/20/2021

Compass

Last Buyer's Agent

John Takvorian

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • 2017

HOA Fees

  • $444 per month

Interior Spaces

  • Primary bedroom located on second floor
  • Dining Area

Outdoor Features

  • Balcony

Utilities

  • 1 Cooling Zone
  • 1 Heating Zone

Property Details

Home Type

Condominium

Year Built

2017

Lot Details

0

HOA Fees

$444 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: ON the corner of Prospect Street and Webster Ave
  • Garage Yn: No
  • Efficiency: Thermostat
  • Property Attached Yn: Yes
  • Structure Type: Mid-Rise
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 2017

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Room Bedroom2 Level: Second
  • Room Master Bedroom Features: Bathroom - Full
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Dining Area, Balcony / Deck
  • Room Living Room Level: Second
  • MAIN LO: AN2383
  • MAIN SO: AN1199
  • Accessibility Features: Accessible Entrance
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Hardwood
  • Interior Amenities: Other
  • Other Equipment: Intercom
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Rubber
  • Exterior Features: Other
  • View: City
  • Common Walls: Corner
  • Construction Type: Brick, Stone
  • Disclosures: 16 Unit Association, 14 Residential, 2 Commercial. $90, 975 In Reserves As Of August 31st, 2021, Up To Two Pets Are Allowed, $150 Move-In/Move-Out Fee. Parking Space 201 Is Shared With 2 Commercial Condos M-F 9am To 5pm, This Condo Has Exclusive Use During Other Times.
  • Exclusions: Staging Furniture
  • Fencing: Fenced
  • Home Warranty: No
  • Patio And Porch Features: Deck - Roof, Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street, Common
  • Open Parking: Yes

Utilities

  • Cooling: Central Air, Unit Control
  • Heating: Central, Unit Control
  • HEAT ZONES: 1
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Second Floor, In Unit, Washer Hookup
  • Security: Intercom
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Professional - Off Site
  • Amenities: Elevator(s)
  • Association Fee: 443.75
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • Farm Land Area Units: Square Feet
  • Zoning: res

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 9338.79
  • Tax Book Number: 99999
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 19, 2021
Sold by
Lederman Joshua and Lederman Linda C
Bought by
70 Prospect St Ut 201 Rt and Lederman
Seller's Agent
The Denman Group
Compass
Buyer's Agent
John Takvorian
Leading Edge Real Estate
List Price
$775,000
Sold Price
$850,000
Premium/Discount to List
$75,000
9.68%
Current Estimated Value
$986,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,550
Avg. Annual Appreciation
3.66%

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 16, 2021
Sold by
Beaudet Douglas S
Bought by
Lederman Joshua and Lederman Linda C
Seller's Agent
The Denman Group
Compass
Buyer's Agent
John Takvorian
Leading Edge Real Estate
List Price
$775,000
Sold Price
$850,000
Premium/Discount to List
$75,000
9.68%

Purchase Details

Closed on
Mar 16, 2020
Sold by
70 Prospect Street Llc
Bought by
Beaudet Douglas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.4%
Mortgage Type
New Conventional
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
70 Prospect St Ut 201 Rt -- None Available
Lederman Joshua $850,000 None Available
Beaudet Douglas S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beaudet Douglas S $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2021 10/19/21 Sold $850,000 +9.7% $723 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $775,000 0.0% $659 / Sq Ft
12/13/2017 12/13/17 Under Contract -- -- --
12/08/2017 12/08/17 Price Changed $2,600 -7.1% $2 / Sq Ft
12/01/2017 12/01/17 Rented $2,800 0.0% --
11/27/2017 11/27/17 Price Changed $2,800 -6.7% $2 / Sq Ft
11/16/2017 11/16/17 Price Changed $3,000 -6.3% $3 / Sq Ft
11/10/2017 11/10/17 For Rent $3,200 -- --
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 $9,614 $881,200 $0 $881,200
2024 $9,050 $860,300 $0 $860,300
2023 $8,816 $852,600 $0 $852,600
2022 $9,207 $904,400 $0 $904,400
2021 $9,216 $904,400 $0 $904,400
2020 $8,636 $855,900 $0 $855,900
2019 $8,163 $758,600 $0 $758,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    The Denman Group

    Compass

    (617) 518-4570

    24 in this area

    658 Total Sales

    The Denman Group
    Section Image

  • J

    Buyer's Agent in 2021

    John Takvorian

    Leading Edge Real Estate

    (781) 627-7200

    1 in this area

    22 Total Sales

    John Takvorian
    Section Image
  • Lisa Drapkin

    Seller's Agent in 2017

    Lisa Drapkin

    Compass

    (617) 930-1288

    1 in this area

    69 Total Sales

    Lisa Drapkin
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72897552

MLS Property Information Network (MLS PIN)

APN: SOME-83 B 1 201

Massachusetts Middlesex County Somerville 02143 Prospect Hill

70 Prospect St Unit 201, Somerville, MA

Not Listed for Sale

Condos

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