Landlord's Agent in 2024
Karen Errico
Karen Errico RE
(617) 771-1996
74 Elm St Unit 1 Somerville, MA 02144
Porter Square NeighborhoodEstimated Value: $1,275,000 - $1,558,962
2
Beds
1
Bath
1,091
Sq Ft
$1,316/Sq Ft
Est. Value
Highlights
- Property is near public transit
- 4-minute walk to Porter Square Station
- No HOA
- Somerville High School Rated A-
- Wood Flooring
- Community Pool
About This Home
As of September 2024Ultra-convenient location steps away from Porter Sq. and local universities. This Walker & Biker Paradise gives you easy access to shops and restaurants. Minutes away from the Red Line and Commuter Rail to North Station as well as the 77, 87 & 83 bus lines that take you to Arlington, Harvard, Davis Sq. and beyond. This 4 room, 2 bedroom unit has beautiful hardwood floors, a stylishly updated bath, nicely renovated eat-in-kitchen with stainless steel appliances and a huge pantry with tons of storage and counter space. Newer heating system and central air provide year-round comfort. Dedicated washer, dryer and additional storage in the basement. Shared back yard. Urban living at its best. (Sorry, no pets or smoking/vaping.)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,291
Year Built
- Built in 1909 | Remodeled
Lot Details
- 999
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 1,091 Sq Ft Home
- 1-Story Property
- Laundry in Basement
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Porch
- 999 Sq Ft Lot
Listing and Financial Details
- Security Deposit $3,000
- Rent includes water, sewer, trash collection, snow removal, gardener
- 12 Month Lease Term
- Assessor Parcel Number 751803
Community Details
Overview
- No Home Owners Association
Amenities
- Common Area
- Shops
- Coin Laundry
Recreation
- Community Pool
- Park
- Bike Trail
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2018
Closed on
Aug 24, 2018
Sold by
Mcpherso Francis X and Mcpherso E F
Bought by
Mcpherson Irt 2018
Seller's Agent
Karen Errico
Karen Errico RE
Buyer's Agent
Karen Errico
Karen Errico RE
Sold Price
$2,600
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,433,141
Purchase Details
Closed on
Dec 31, 2014
Sold by
Mcpherson Ellen F
Bought by
Mcpherson Francis X and Mcpherson Ellen F
Purchase Details
Closed on
Sep 3, 2004
Sold by
Fabiano-Mcpherson Ellen
Bought by
Fabiano-Mcpherson Ellen and Mcpherson Francis X
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,650
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcpherson Irt 2018 | -- | -- | |
| Mcpherson Francis X | -- | -- | |
| Fabiano-Mcpherson Ellen | -- | -- | |
| Fabiano-Mcpherson Ellen | $650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fabiano-Mcpherson Ellen | $502,650 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2024 11/29/24 | Off Market | $3,200 | -- | -- |
| 09/26/2024 09/26/24 | For Rent | $3,200 | +3.2% | -- |
| 09/12/2024 09/12/24 | Rented | $3,100 | +3.3% | -- |
| 09/10/2024 09/10/24 | Under Contract | -- | -- | -- |
| 08/27/2024 08/27/24 | Price Changed | $3,000 | -6.3% | $3 / Sq Ft |
| 08/14/2024 08/14/24 | Price Changed | $3,200 | -8.6% | $3 / Sq Ft |
| 07/07/2024 07/07/24 | For Rent | $3,500 | +34.6% | -- |
| 09/01/2021 09/01/21 | Rented | -- | -- | -- |
| 08/04/2021 08/04/21 | For Rent | $2,600 | 0.0% | -- |
| 07/01/2018 07/01/18 | Rented | $2,600 | 0.0% | -- |
| 06/22/2018 06/22/18 | Under Contract | -- | -- | -- |
| 06/07/2018 06/07/18 | For Rent | $2,600 | +18.2% | -- |
| 03/20/2015 03/20/15 | Rented | $2,200 | 0.0% | -- |
| 02/18/2015 02/18/15 | Under Contract | -- | -- | -- |
| 02/12/2015 02/12/15 | For Rent | $2,200 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
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 | $13,291 | $1,218,200 | $687,800 | $530,400 |
| 2024 | $12,717 | $1,208,800 | $687,800 | $521,000 |
| 2023 | $12,132 | $1,173,300 | $687,800 | $485,500 |
| 2022 | $11,713 | $1,150,600 | $655,000 | $495,600 |
| 2021 | $11,399 | $1,118,600 | $650,300 | $468,300 |
| 2020 | $11,015 | $1,091,700 | $650,700 | $441,000 |
| 2019 | $10,450 | $971,200 | $592,300 | $378,900 |
| 2018 | $9,680 | $855,900 | $538,500 | $317,400 |
| 2017 | $9,232 | $791,100 | $508,000 | $283,100 |
| 2016 | $8,916 | $711,600 | $453,600 | $258,000 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Errico
-
Jessen Baptiste
J
Tenant's Agent in 2024
Jessen Baptiste
Union Realty Group LLC
6 Total Sales
-
M
Buyer's Agent in 2021
Michael Gilberg
Coldwell Banker Realty - Haverhill
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73260771
APN: SOME M:31 B:D L:4
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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