NOT LISTED FOR SALE

70 Prospect St Unit 502 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,008,000 - $1,245,000

2 Beds
2 Baths
1,056 Sq Ft
2017 Built

Last Sold November 03, 2017

Last sale price $925,000 $876 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,651/month

44 Days on Market

About This Home

As of November 2017

The Flatiron @ Union Square offers a contemporary lifestyle in an energetic, urban environment. This architect-designed, new construction building is a 16-unit development which includes 14 residential units & 2 ground floor commercial spaces. These sun-splashed condos have open plan layouts, over nine foot ceilings, oversized windows & amazing views. These boutique residences feature custom cabinetry, professional grade appliances, signature granite & stainless kitchens, & gorgeous maple hardwood floors throughout. Amenities in this contemporary renovation include in-unit laundry, central air, parking availability, a passenger elevator, private balcony, and a common roof deck & patio. Conveniently located in Union Sq. with a Walk Score of 95. Just minutes to the future Union Sq green line stop. Ready for Occupancy in October 2017. This sale includes garage parking space #10

Last Agent to Sell the Property

Lisa Drapkin

Compass Listed on: 08/07/2017

Compass

Last Buyer's Agent

Susan Condrick

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Condominium

Year Built

2017

Lot Details

0

Listing Details

  • Unit Level: 5
  • Unit Placement: Top/Penthouse
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Tile, Hardwood
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Dining Room: First Floor
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: BB5918

Exterior Features

  • Construction: Brick
  • Exterior: Brick, Fiber Cement Siding
  • Exterior Unit Features: Deck, Balcony, City View(s), Garden Area

Garage/Parking

  • Garage Parking: Under, Garage Door Opener
  • Garage Spaces: 1
  • Parking: Assigned
  • Parking Spaces: 0

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: The Flatiron @ Union Square
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 16
  • Unit Building: 502

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: Mixed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Nov 3, 2017
Sold by
70 Prospect Street Llc
Bought by
Robison Candi
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Susan Condrick
Gibson Sotheby's International Realty
List Price
$850,000
Sold Price
$925,000
Premium/Discount to List
$75,000
8.82%
Current Estimated Value
$1,098,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,056
Avg. Annual Appreciation
2.10%
Original Mortgage
$778,000
Outstanding Balance
$641,313
Interest Rate
3.25%
Mortgage Type
Unknown
Estimated Equity
$456,743
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
Robison Candi $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robison Candi $778,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2017 11/03/17 Sold $925,000 +5.7% $876 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
08/28/2017 08/28/17 Price Changed $875,000 +2.9% $829 / Sq Ft
08/19/2017 08/19/17 For Sale $850,000 0.0% $805 / Sq Ft
08/19/2017 08/19/17 Price Changed $850,000 +3.0% $805 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $825,000 -- $781 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,332 $1,038,700 $0 $1,038,700
2024 $10,667 $1,014,000 $0 $1,014,000
2023 $10,393 $1,005,100 $0 $1,005,100
2022 $9,844 $967,000 $0 $967,000
2021 $9,854 $967,000 $0 $967,000
2020 $9,237 $915,500 $0 $915,500
2019 $8,737 $812,000 $0 $812,000
Source: Public Records

Agents Affiliated with this Home

  • Lisa Drapkin

    Seller's Agent in 2017

    Lisa Drapkin

    Compass

    (617) 930-1288

    1 in this area

    83 Total Sales

    Lisa Drapkin
    Section Image
  • Susan Condrick

    Buyer's Agent in 2017

    Susan Condrick

    Gibson Sothebys International Realty

    (617) 842-4600

    1 in this area

    51 Total Sales

    Susan Condrick
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72210173

MLS Property Information Network (MLS PIN)

APN: SOME-83 B 1 502

Massachusetts Middlesex County Somerville 02143 Prospect Hill

70 Prospect St Unit 502, Somerville, MA

Not Listed for Sale

Condos

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