NOT LISTED FOR SALE

70 Prospect St Unit 503 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,013,000 - $1,175,000

2 Beds
2 Baths
1,056 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $870,000 $824 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,485/month

Highlights

  • Deck
  • Balcony
  • Forced Air Heating System
  • Somerville High School Rated A-

About This Home

As of July 2020

Gorgeous 2 bed 2 bath penthouse with high ceilings, heated garage parking, common roof deck and amazing views of Downtown Boston! Magnificent granite kitchen with breakfast bar, stainless steel appliances and gas range opens nicely to the sunny living room and dining room with large windows. Spacious master suite with great closet space, en suite bath and views of the City. Large 2nd bedroom has its own beautiful full bath with granite vanity and ample closet space. Enjoy single level living in a professionally managed elevator building with an open floor plan, private balcony, foyer with coat closet, in-unit laundry and hardwood flooring throughout. Additional features include bike storage, NEST thermostat, central air and 2 parking spaces!. Amazing location, just a stone’s throw to soon to be completed Green Line MBTA stop and two blocks to vibrant Union and Inman Squares. 97 Walk Score and 100 Bike Score!

Last Agent to Rent the Property

David Shorey

Real Broker MA, LLC Listed on: 06/29/2020

Real Broker MA, LLC

Co-Listed By

Elizabeth Santos

Compass

Last Renter's Agent

David Shorey

Real Broker MA, LLC Listed on: 06/29/2020

Real Broker MA, LLC

Home Details

Home Type

  • Single Family

Year Built

  • 2017

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

2017

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • Insurance Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Date Available: 08/01/2020
  • Rent Fee Includes: Water, Sewerage Disposal, Refuse Removal, Snow Removal, Grounds Maintenance, Parking
  • Sec Deposit: 3300.00

Listing Details

  • Property Type: Rental
  • Rental Type: Condominium
  • List Price Per Sq Ft: 3.13
  • Unit Building: 503
  • Unit Level: 1
  • CoOp Comp: 50/50
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • No Rooms: 5
  • Main Lo: AN2383
  • Main So: AN2383
  • Estimated Sq Ft: 1056.00

Exterior Features

  • Exterior Features: Deck - Roof, Balcony

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Heating: Gas, Forced Air
  • Air Conditioner: Yes

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Lot Size: 9999.00

Tax Info

  • Assessor Parcel Number: 5038253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Cole John
Bought by
Cole Rt
Current Estimated Value
$1,072,237

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jul 6, 2020
Sold by
Goodwill Kenneth E and Goodwill Van
Bought by
Cole John
Seller's Agent
David Shorey
Real Broker MA, LLC
Buyer's Agent
David Shorey
Real Broker MA, LLC
Sold Price
$3,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%

Purchase Details

Listed on
Jul 27, 2017
Closed on
Nov 6, 2017
Sold by
70 Prospect Street Llc
Bought by
Goodwill Kenneth E and Goodwill Van
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Lisa Drapkin
Compass
List Price
$850,000
Sold Price
$915,000
Premium/Discount to List
$65,000
7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.84%
Original Mortgage
$732,000
Interest Rate
3.83%
Mortgage Type
Unknown
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
Cole Rt -- None Available
Cole John $870,000 None Available
Goodwill Kenneth E $915,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodwill Kenneth E $732,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2020 07/28/20 Rented $3,300 0.0% --
07/24/2020 07/24/20 Sold $870,000 0.0% $824 / Sq Ft View Prior Sale
07/22/2020 07/22/20 Under Contract -- -- --
06/29/2020 06/29/20 For Rent $3,300 0.0% --
06/11/2020 06/11/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $874,900 -4.4% $829 / Sq Ft
11/06/2017 11/06/17 Sold $915,000 +7.6% $866 / Sq Ft View Prior Sale
07/28/2017 07/28/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $850,000 -- $805 / 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 $10,141 $929,500 $0 $929,500
2024 $9,547 $907,500 $0 $907,500
2023 $9,301 $899,500 $0 $899,500
2022 $8,811 $865,500 $0 $865,500
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

  • Brian Belliveau

    Seller's Agent in 2020

    Brian Belliveau

    Compass

    (781) 789-9275

    42 Total Sales

    Brian Belliveau
    Section Image
  • David Shorey

    Landlord's Agent in 2020

    David Shorey

    Real Broker MA, LLC

    (781) 962-4028

    7 in this area

    147 Total Sales

    David Shorey
    Section Image
  • Elizabeth Santos

    Landlord's Co-Listing Agent in 2020

    Elizabeth Santos

    Compass

    (857) 222-6181

    3 Total Sales

    Elizabeth Santos
    Section Image
  • Lisa Drapkin

    Seller's Agent in 2017

    Lisa Drapkin

    Compass

    (617) 930-1288

    1 in this area

    70 Total Sales

    Lisa Drapkin
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72682601

MLS Property Information Network (MLS PIN)

APN: SOME-83 B 1 503

Massachusetts Middlesex County Somerville 02143 Prospect Hill

70 Prospect St Unit 503, Somerville, MA

Not Listed for Sale

Detached

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