NOT LISTED FOR SALE

78 Morrison Ave Somerville, MA 02144

Ball Square Neighborhood

Estimated Value: $1,357,000 - $2,231,000

3 Beds
3 Baths
3,475 Sq Ft
$551/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $1,400,000 $403 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,495/month

9 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 1-minute walk to Lexington Park
  • Somerville High School Rated A-
  • Porch

About This Home

As of May 2019

Location, location, location! This Davis Square 3-family is primed for a handy owner-occupant, a condo converter, or an investor looking for an A+ location rental property. A 1900's Gambrel property with three bright, spacious floor-through units with hardwood floors, period details, a driveway that can fit 3 cars tandem, and a fenced in rear yard abutting the popular Somerville bike path. 78 Morrison's desirable location is a couple blocks from Davis Square with some of the city's best restaurants, shops, and retail, as well as the red line MBTA station. Heat, hot water and electrical systems are separated. Laundry in basement. Exterior was painted a few years ago and the roof is about 15 years old. This house is solid! Offers, if any, are due on Tuesday, April 9th at noon.

Last Agent to Sell the Property

The Denman Group

Compass Listed on: 04/03/2019

Compass

Co-Listed By

Lisa Drapkin

Compass

Last Buyer's Agent

Wangni Tian

Sweet Home Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Fenced Yard

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Porch
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate, Unknown/Mixed
  • List Price Per Sq Ft: 388.49
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Storage, Crown Molding, Hardwood Floors
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 6
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Interior Access, Unfinished Basement
  • Main Lo: AN2383
  • Main So: NB3030
  • Estimated Sq Ft: 3475.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Shingles, Wood
  • Exterior Features: Porch, Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Improved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • App Common: Washer, Dryer

Lot Info

  • Assessments: 1107400.00
  • Acre: 0.10
  • Lot Size: 4326.00
  • Page: 999
  • Zoning: res
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 4800
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 12078.00
  • Assessor Parcel Number: 751243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 3, 2019
Sold by
Tabor Leslie J and Masison Susan J
Bought by
Mi Sha and Jung Vincent
Seller's Agent
The Denman Group
Compass
Buyer's Agent
Wangni Tian
Sweet Home Realty
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Current Estimated Value
$1,915,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,420
Avg. Annual Appreciation
4.77%
Original Mortgage
$745,750
Outstanding Balance
$654,333
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,261,087

Purchase Details

Closed on
Oct 24, 2014
Sold by
Tabor Leslie J
Bought by
Masison Susan J and Tabor Leslie J

Purchase Details

Closed on
Aug 29, 2008
Sold by
Moore Ft
Bought by
Tabor Leslie Jeanne and Masison Susan J
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
Mi Sha $1,400,000 --
Masison Susan J -- --
Tabor Leslie Jeanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mi Sha $745,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $1,400,000 +3.7% $403 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $1,350,000 -- $388 / 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 $18,583 $1,703,300 $742,900 $960,400
2024 $17,479 $1,661,500 $742,900 $918,600
2023 $17,092 $1,653,000 $742,900 $910,100
2022 $16,297 $1,600,900 $707,500 $893,400
2021 $15,368 $1,508,100 $702,400 $805,700
2020 $12,571 $1,245,900 $702,800 $543,100
2019 $11,916 $1,107,400 $639,800 $467,600
2018 $11,014 $973,800 $581,600 $392,200
2017 $10,841 $929,000 $548,800 $380,200
2016 $10,638 $849,000 $490,000 $359,000
2015 $10,121 $802,600 $452,600 $350,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    The Denman Group

    Compass

    (617) 518-4570

    7 in this area

    643 Total Sales

    The Denman Group
    Section Image
  • Lisa Drapkin

    Seller Co-Listing Agent in 2019

    Lisa Drapkin

    Compass

    (617) 930-1288

    83 Total Sales

    Lisa Drapkin
    Section Image

  • W

    Buyer's Agent in 2019

    Wangni Tian

    Sweet Home Realty

    (617) 216-5682

    55 Total Sales

    Wangni Tian
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72476211

MLS Property Information Network (MLS PIN)

APN: SOME-000028-J000000-000009

Massachusetts Middlesex County Somerville 02144 Ball Square

78 Morrison Ave, Somerville, MA

Not Listed for Sale

MultiFamily

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MLS Property Information Network (MLS PIN) 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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