NOT LISTED FOR SALE

71 Newbury St Somerville, MA 02144

Teele Square Neighborhood

Estimated Value: $1,096,000 - $1,592,000

10 Beds
2 Baths
2,524 Sq Ft
$548/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2016

Last sale price $855,000 $339 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,583 / mo

21 Days on Market

About This Home

As of August 2016

Location! Location! Location! Easy access to Davis Square Red Line T stop and Mass Ave Bus Lines. Fully insulated, letter of compliance for both units (lead certs) , Unit 2 vacant. Newer oversized back deck with large back yard, great potential in basement with high ceilings and a direct walk out. Each unit has separate gas and electric. Updated gas boilers and 200 amp service for each unit. Hardwood floors, maintenance free siding, washer and dryer in each unit. 3 car off street parking. Many quality updates and this is a potential cash cow!!

Last Agent to Sell the Property

Shane Marrion

Benoit Real Estate Group ,LLC Listed on: 06/01/2016

Last Buyer's Agent

4 Buyers RE Team

4 Buyers Real Estate

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Certified Treated
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Wood
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Deck
  • Foundation: Fieldstone, Brick, Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: res

Multi Family

  • Common Room: Living Room
  • Total Bedrooms: 10
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Aug 30, 2016
Sold by
Xure Llc
Bought by
Baldauf Kimberly and Mushlin Jennifer E
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
4 Buyers RE Team
4 Buyers Real Estate
List Price
$870,000
Sold Price
$855,000
Premium/Discount to List
-$15,000
-1.72%
Current Estimated Value
$1,382,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,001
Avg. Annual Appreciation
5.10%
Original Mortgage
$684,000
Outstanding Balance
$527,500
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$854,501

Purchase Details

Closed on
Jul 17, 2012
Sold by
Ksu Alina and Ksu Tishan
Bought by
Xure Llc

Purchase Details

Closed on
Apr 30, 2009
Sold by
Ocampbell Alan and Ocampbell Christine
Bought by
Hsu Alina

Purchase Details

Closed on
Feb 27, 2004
Sold by
Pignone Edward and Pignone Margaret
Bought by
Ocampbell Alan and Ocampbell Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,200
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Baldauf Kimberly $855,000 --
Xure Llc -- --
Hsu Alina $594,000 --
Ocampbell Alan $526,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldauf Kimberly $684,000
Previous Owner Ocampbell Alan $421,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2016 08/09/16 Sold $855,000 -1.7% $339 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $870,000 -- $345 / 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 $13,677 $1,253,600 $635,200 $618,400
2024 $13,072 $1,242,600 $635,200 $607,400
2023 $12,087 $1,169,000 $635,200 $533,800
2022 $11,381 $1,118,000 $605,000 $513,000
2021 $10,920 $1,071,600 $587,300 $484,300
2020 $10,514 $1,042,000 $586,300 $455,700
2019 $9,437 $877,000 $486,400 $390,600
2018 $9,348 $826,500 $484,800 $341,700
2017 $8,552 $732,800 $457,400 $275,400
2016 $8,554 $682,700 $432,000 $250,700
2015 $8,122 $644,100 $395,600 $248,500
Source: Public Records

Agents Affiliated with this Home

  • Shane Marrion

    Seller's Agent in 2016

    Shane Marrion

    Benoit Real Estate Group ,LLC

    (617) 750-6378

    3 in this area

    66 Total Sales

    Shane Marrion
    Section Image
  • 4 Buyers RE Team

    Buyer's Agent in 2016

    4 Buyers RE Team

    4 Buyers Real Estate

    (617) 776-8304

    2 in this area

    70 Total Sales

    4 Buyers RE Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72016015

MLS Property Information Network (MLS PIN)

APN: SOME-000009-D000000-000025

Massachusetts Middlesex County Somerville 02144 Teele Square

71 Newbury St, Somerville, MA

Not Listed for Sale

MultiFamily

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