NOT LISTED FOR SALE

Estimated Value: $1,152,543 - $1,535,000

5 Beds
5 Baths
2,726 Sq Ft
$487/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,155,000 $424 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,930/month

8 Days on Market

Highlights

  • 1 Cooling Zone
  • Somerville High School Rated A-
  • 3-minute walk to Foss Park

About This Home

As of October 2021

Calling all investors! Legal 3 unit multifamily in Winter Hill with excellent long term tenants, on leases until 5/31/22. Perfect rent payment history, currently grossing $6300/month. Fenced back yard, detached 2 car garage, and driveway parking for all 3 units. Separate gas and electric, and all furnaces (gas) replaced in 2014. Unit 3 has central A/C and was renovated in 2014. All units have granite countertops, gas ranges, dishwashers, vinyl windows, hardwood floors, assigned storage, and assigned parking. Common laundry in basement on separate electric water heater (tied to public meter). Located only .6 mi from future GLX Green Line Station (Gilman Sq) and .8 mi from Assembly Orange Line station. SHOWINGS DURING POSTED OH TIMES ONLY, do not walk the property, do not disturb tenants.

Last Agent to Sell the Property

Evelyn Ullman

Coldwell Banker Realty - Lynnfield Listed on: 09/20/2021

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

O'Connor & Highland

Keller Williams Realty Boston-Metro | Back Bay

Keller Williams Realty Boston-Metro | Back Bay

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 4,792

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Utilities

  • 1 Cooling Zone
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Broadway to Grant St
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator,Vent Hood), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Microwave,Refrigerator), Gas Water Heater,Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Has Basement: Full
  • MAIN LO: AN6181
  • MAIN SO: BB5522
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Stone/Granite/Solid Counters), Unit 2(Stone/Granite/Solid Counters), Unit 3(Storage,Stone/Granite/Solid Counters), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Stone
  • Property Condition: Unit 1 Remodeled, Unit 3 Remodeled
  • Construction Type: Frame
  • Disclosures: Seller Is Listing Agent. Unit 2 Being Used As A 2 Br. Actual # Of Bedrooms Does Not Match Public Record. All 3 Units On Leases Until 5/31/22. Basement Sump Pump Only Runs During Heavy Rain Storms. Main House Roof Is Old, Garage Roof Replaced 2014, Small Repair On Main Roof 2021. Exterior Needs Tlc.
  • Exclusions: Dehumidifier In Basement.
  • Fencing: Fenced
  • Patio And Porch Features: Porch, Deck - Wood
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Central Air)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, T-Station
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • LOT SIZE: 4738
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4791.6
  • Zoning: NR

Multi Family

  • LEVELS 1: 1
  • COOLING UNITS: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3
  • Annual Gross Income: 75600
  • Property Net Operating Income: 75600
  • Number Of Units Total: 3
  • Total Actual Rent: 6300

Tax Info

  • Tax Annual Amount: 9857.81
  • Tax Book Number: 62946
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Nov 19, 2013
Sold by
Vigliotti Anthony J
Bought by
Ullman Evelyn
Seller's Agent
June DeFeo
RE/MAX Andrew Realty Services
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$499,999
Sold Price
$560,000
Premium/Discount to List
$60,001
12%
Current Estimated Value
$1,326,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,636
Avg. Annual Appreciation
7.33%
Original Mortgage
$360,000
Outstanding Balance
$268,576
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$1,058,060
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ullman Evelyn $560,000 --
Ullman Evelyn $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ullman Evelyn $360,000
Closed Ullman Evelyn $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $1,155,000 +15.6% $424 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $998,999 +78.4% $366 / Sq Ft
11/19/2013 11/19/13 Sold $560,000 +12.0% $205 / Sq Ft View Prior Sale
10/20/2013 10/20/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $499,999 -- $183 / 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 $12,418 $1,138,200 $399,600 $738,600
2024 $11,641 $1,106,600 $399,600 $707,000
2023 $11,377 $1,100,300 $399,600 $700,700
2022 $10,878 $1,068,600 $380,600 $688,000
2021 $9,858 $967,400 $345,800 $621,600
2020 $9,210 $912,800 $332,400 $580,400
2019 $8,406 $781,200 $279,800 $501,400
2018 $7,653 $676,700 $254,400 $422,300
2017 $7,582 $649,700 $240,000 $409,700
2016 $7,285 $581,400 $194,800 $386,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72897659

MLS Property Information Network (MLS PIN)

APN: SOME-000069-D000000-000015