
71 Berkeley St Somerville, MA 02143
Spring Hill NeighborhoodHighlights
- Medical Services
- Property is near public transit
- Sun or Florida Room
- Somerville High School Rated A-
- Wood Flooring
- Home Office
About This Home
As of July 2025Don’t miss this exceptional investment or owner-occupied opportunity in Somerville! This well-maintained two-family home offers solid rental potential and long-term value in a highly sought-after neighborhood. The first-floor unit features a classic layout with five rooms, two bedrooms, and a full bath, including a spacious dining area and formal living room. The second and third floors include five bedrooms and two full baths, plus a bonus room ideal for an office. Uniquely, the 3rd level and lower level also include separate entrances. The Lower level, finished by prior owners, consists of a kitchenette and full bath, opening up endless opportunity. Off-street parking is abundant with the expansive paved driveway. Unit 2 is currently vacant. Unit 1 is occupied W/ TAW. Gas and Electric on separate meters. LL and 1st for on 1 meter, all upper levels on 2nd meter. Showings begin at OH 5/24 12-3
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,869
Year Built
- Built in 1900
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- Living Room
- Dining Room
- Home Office
- Sun or Florida Room
- Finished Basement
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Heating Available
- 100 Amp Service
Additional Features
- Porch
- 5,000 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $8,000
- Assessor Parcel Number M:51 B:A L:25,755199
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $96,000
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Similar Homes in Somerville, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $1,500,000 | -- | |
Quit Claim Deed | -- | -- | |
Quit Claim Deed | -- | -- | |
Deed | $310,000 | -- | |
Deed | $310,000 | -- | |
Deed | $187,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $900,000 | New Conventional | |
Closed | $900,000 | New Conventional | |
Previous Owner | $250,000 | Credit Line Revolving | |
Previous Owner | $18,539 | No Value Available | |
Previous Owner | $490,000 | No Value Available | |
Previous Owner | $471,000 | No Value Available | |
Previous Owner | $366,040 | No Value Available | |
Previous Owner | $294,000 | No Value Available | |
Previous Owner | $279,000 | No Value Available | |
Previous Owner | $270,000 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/18/2025 07/18/25 | Sold | $1,500,000 | -6.3% | $324 / Sq Ft |
05/28/2025 05/28/25 | Pending | -- | -- | -- |
05/21/2025 05/21/25 | For Sale | $1,600,000 | -- | $345 / Sq Ft |
Tax History Compared to Growth
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 | $13,869 | $1,271,200 | $521,200 | $750,000 |
2024 | $12,921 | $1,228,200 | $521,200 | $707,000 |
2023 | $12,572 | $1,215,900 | $521,200 | $694,700 |
2022 | $11,749 | $1,154,100 | $496,300 | $657,800 |
2021 | $11,018 | $1,081,300 | $472,700 | $608,600 |
2020 | $10,386 | $1,029,300 | $454,500 | $574,800 |
2019 | $9,941 | $923,900 | $395,200 | $528,700 |
2018 | $8,942 | $790,600 | $359,300 | $431,300 |
2017 | $8,575 | $734,800 | $339,000 | $395,800 |
2016 | $8,659 | $691,100 | $310,000 | $381,100 |
2015 | $8,656 | $686,400 | $308,300 | $378,100 |
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Matt Dasilva
Cameron Prestige, LLC
1 in this area
3 Total Sales
-
Buyer's Agent in 2025
Tyler Hickey
Cameron Prestige - Amesbury
(978) 810-8586
1 in this area
150 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73378323

APN: SOME-000051-A000000-000025
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