NOT LISTED FOR SALE

Estimated Value: $1,477,000 - $3,262,478

9 Beds
3 Baths
4,131 Sq Ft
$550/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $2,000,000 $484 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,727/month

8 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Porter Square Station
  • Porch
  • Somerville High School Rated A-

About This Home

As of June 2018

Porter Square Location! Just two minutes from the Red Line T Stop! Don't miss this amazing and rare opportunity for an investor or future owner-occupant to own this iconic and delightful three family home! With a stately grace characteristic of its era, each apartment in this spacious Brick Triple Decker features a wood-burning fireplace, beautiful wood floors, replacement windows, eat-in-kitchen with pantry, front and back porches, and separate utilities. Coin-operated washer and dryer in the basement. The Porter Sq. T, Commuter Rail, Shopping Center, Restaurants and all this vibrant area has to offer you and your tenants is so close to you here! All units have Leases until August 31st, 2018. Buyer's agent accompanied group showings: Saturday, May 5th, from 12pm to 1pm; Monday, May 7th from 3:30pm to 4:30pm and Wednesday, May 9 from 12pm to 1 pm. Offers, if any, on Thursday, May 10 by 2 pm with expiration on Friday, May 11 at 6 pm.

Last Agent to Sell the Property

Helen Praysman

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 05/03/2018

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Adam Burns

Burns Realty & Investments LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,485

Flooring

  • Wood
  • Vinyl

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.12
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 478.09
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Fireplaces: 3
  • Flooring: Wood, Vinyl
  • Total Flrs: 6
  • Total Frplcs: 3
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Main Lo: AN4870
  • Main So: AN2838
  • Estimated Sq Ft: 4131.00

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, T-Station

Lot Info

  • Assessments: 1231600.00
  • Acre: 0.08
  • Lot Size: 3280.00
  • Page: 592
  • Zoning: RC
  • Lot Description: Level

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 9195
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 13929.40
  • Assessor Parcel Number: 751648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 12, 2018
Sold by
8 Cherry Street Llc
Bought by
Wang Cong
Seller's Agent
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Adam Burns
Burns Realty & Investments LLC
List Price
$1,975,000
Sold Price
$2,000,000
Premium/Discount to List
$25,000
1.27%
Current Estimated Value
$2,273,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,620
Avg. Annual Appreciation
1.69%

Purchase Details

Closed on
May 11, 2000
Sold by
Durzy Rt
Bought by
Benoit Joseph C and Benoit Marilyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
8.21%
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
Wang Cong $2,000,000 --
Benoit Joseph C $539,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benoit Joseph C $450,900
Previous Owner Benoit Joseph C $380,000
Previous Owner Benoit Joseph C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2018 06/12/18 Sold $2,000,000 +1.3% $484 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $1,975,000 -- $478 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $23,040 $2,111,800 $693,000 $1,418,800
2024 $21,565 $2,049,900 $693,000 $1,356,900
2023 $21,036 $2,034,400 $693,000 $1,341,400
2022 $20,112 $1,975,600 $660,000 $1,315,600
2021 $20,073 $1,969,900 $628,500 $1,341,400
2020 $18,123 $1,796,100 $564,100 $1,232,000
2019 $16,670 $1,549,300 $525,600 $1,023,700
2018 $13,929 $1,231,600 $477,800 $753,800
2017 $13,140 $1,126,000 $450,700 $675,300
2016 $11,642 $929,100 $343,500 $585,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72320451

MLS Property Information Network (MLS PIN)

APN: SOME-000030-D000000-000017