NOT LISTED FOR SALE

Estimated Value: $1,486,030

5 Beds
2 Baths
2,878 Sq Ft
$516/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2022

Last sale price $1,270,000 $441 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,349 / mo

4 Days on Market

Highlights

  • Property is near public transit and schools
  • Wood Flooring
  • Park
  • Somerville High School Rated A-
  • Jogging Path
  • 4-minute walk to Somerville Community Path

About This Home

As of March 2022

Attention investors and builders, large two family property on the market for the first time in over 70 years. First floor features a bright living room, dining room, kitchen with butler's pantry. There is an additional bedroom/office space (baseboard heat) on the 3rd floor currently used by the first floor tenant. Second and third floor unit has 3 bedrooms, spacious kitchen with pantry, living room, dining room and sun porch. Replacement windows, hardwood floors throughout. 12 yo roof, separate utilities, shared washer and dryer. On street permit parking. Terrific property on the West Somerville/North Cambridge line close to the vibrant North Cambridge shops and restaurants and action of Davis Square. Easy access to the Red Line and the bus to Harvard Square. WALK SCORE of 89. Exceptional, well maintained property awaits your updates. First showings at the OH house, 10-11am on Friday (upstairs unit only).

Last Agent to Sell the Property

Lynn Findlay

Coldwell Banker Realty - Belmont Listed on: 02/09/2022

Coldwell Banker Realty - Belmont

Co-Listed By

Martha Delaney

Coldwell Banker Realty - Belmont

Last Buyer's Agent

Wangni Tian

Sweet Home Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,446

Year Built

  • Built in 1896

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,878 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $2,200
  • Assessor Parcel Number 748892

Community Details

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,446

Year Built

Built in 1896

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1896
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator)
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 2878
  • Stories Total: 3
  • MAIN LO: AN6181
  • MAIN SO: NB3030

Exterior Features

  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Other
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: 748892
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3000

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10446

Multi Family

  • Net Operating Income: 26400
  • Number Of Units Total: 2
  • Total Actual Rent: 2200
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: Y

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 31, 2022
Sold by
Bought by
Seller's Agent
Lynn Findlay
Coldwell Banker Realty - Belmont
Buyer's Agent
Wangni Tian
Sweet Home Realty
List Price
$1,100,000
Sold Price
$1,270,000
Premium/Discount to List
$170,000
15.45%
Current Estimated Value
$1,486,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,030
Avg. Annual Appreciation
3.68%
Original Mortgage
$828,000
Outstanding Balance
$768,493
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$717,537

Purchase Details

Closed on
Oct 4, 2021
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,270,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Open $828,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $1,270,000 +15.5% $441 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $1,100,000 -- $382 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,270 $1,308,000 $690,600 $617,400
2024 $13,644 $1,297,000 $690,600 $606,400
2023 $11,105 $1,074,000 $690,600 $383,400
2022 $10,447 $1,026,200 $657,700 $368,500
2021 $10,052 $986,500 $638,600 $347,900
2020 $9,305 $922,200 $594,900 $327,300
2019 $8,709 $809,400 $528,800 $280,600
2018 $8,872 $784,400 $527,000 $257,400
2017 $8,689 $744,600 $497,200 $247,400
2016 $8,708 $695,000 $469,700 $225,300
2015 $8,237 $653,200 $430,000 $223,200
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72941091

MLS Property Information Network (MLS PIN)

APN: SOME-000013-E000000-000013

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