T
Seller's Agent in 2023
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
(904) 687-8456
1 in this area
154 Total Sales
8 Fairview Terrace Unit 2 Somerville, MA 02145
Winter Hill NeighborhoodEstimated Value: $681,000 - $805,000
3
Beds
1.5
Baths
1,114
Sq Ft
1915
Built
Highlights
- Medical Services
- Property is near public transit
- Tennis Courts
- Somerville High School Rated A-
- Wood Flooring
- Jogging Path
About This Home
As of March 2023A fantastic Somerville opportunity for investors or owner occupants looking to offset their mortgage with rental income. This delightful, flexible 3 bed / 1.5 bath residence w/ THREE CAR PARKING offers a peaceful retreat on a secluded dead-end street with zero through traffic. This second level unit boasts gleaming hardwood floors, lovely morning light, an updated kitchen, a bath and a half, in-unit laundry, & private storage in the basement. Entertain guests on the communal patio; the pet-friendly condo association is fully owner occupied and has dutifully improved the property in recent years, so no projects! Conveniently located steps to bus lines, commuter routes including Rts 93/38/16 or effortless access to the Green and Orange lines and the Gilman Square Green Line T. With a Walk Score of 88, this is an unbeatable investment or dreamy owner-occupancy opportunity. Don't miss out on this lucrative investment – schedule a showing today!
Last Agent to Sell the Property
Keller Williams Realty Boston-Metro | Back Bay Listed on: 02/23/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,943
Year Built
- Built in 1915
HOA Fees
- $286 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Frame Construction
Interior Spaces
- 1,114 Sq Ft Home
- 1-Story Property
- Basement
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 3 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Schools
- Winter Hill Elementary School
- Somerville High School
Utilities
- Window Unit Cooling System
- 1 Cooling Zone
- Forced Air Heating System
- 1 Heating Zone
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Patio
- Two or More Common Walls
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:48 B:C L:29 U:2,4997595
Community Details
Overview
- Association fees include water, sewer, insurance
- 3 Units
- Low-Rise Community
- Fairview Terrace Condominium Community
Amenities
- Medical Services
- Common Area
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
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 23, 2023
Closed on
Mar 28, 2023
Sold by
Bought by
Seller's Agent
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
List Price
$689,900
Sold Price
$711,119
Premium/Discount to List
$21,219
3.08%
Views
47
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
$56,781
Avg. Annual Appreciation
2.36%
Original Mortgage
$311,119
Interest Rate
0.0612%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 29, 2020
Closed on
Sep 3, 2020
Sold by
Bought by
Seller's Agent
Adam Day
Steve Bremis Realty Group
Buyer's Agent
Jess Wagner
Keller Williams Realty Boston Northwest
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$476,000
Interest Rate
0.029%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2016
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $711,119 | None Available | ||
| $595,000 | 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 | $311,119 | ||
| Previous Owner | $476,000 | ||
| Previous Owner | $250,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/28/2023 03/28/23 | Sold | $711,119 | +3.1% | $638 / Sq Ft | |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- | |
| 02/23/2023 02/23/23 | For Sale | $689,900 | +15.9% | $619 / Sq Ft | |
| 10/09/2020 10/09/20 | Sold | $595,000 | -0.8% | $534 / Sq Ft | View Prior Sale |
| 06/02/2020 06/02/20 | Pending | -- | -- | -- | |
| 05/29/2020 05/29/20 | For Sale | $599,900 | -- | $539 / 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 | $7,320 | $670,900 | $0 | $670,900 |
| 2024 | $6,918 | $657,600 | $0 | $657,600 |
| 2023 | $5,943 | $574,800 | $0 | $574,800 |
| 2022 | $5,634 | $553,400 | $0 | $553,400 |
| 2021 | $5,078 | $498,300 | $0 | $498,300 |
| 2020 | $4,869 | $482,600 | $0 | $482,600 |
| 2019 | $5,034 | $467,800 | $0 | $467,800 |
| 2018 | $5,190 | $458,900 | $0 | $458,900 |
Source: Public Records
Agents Affiliated with this Home
-
The Rasner Group
-
Ilya Rasner
Seller Co-Listing Agent in 2023
Ilya Rasner
Keller Williams Realty Boston-Metro | Back Bay
(617) 823-9780
1 in this area
75 Total Sales
-
Thalia Tringo
Buyer's Agent in 2023
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
(617) 513-1967
1 in this area
95 Total Sales
-
Adam Day
A
Seller's Agent in 2020
Adam Day
Steve Bremis Realty Group
(617) 908-5653
12 Total Sales
-
Jess Wagner
Buyer's Agent in 2020
Jess Wagner
Keller Williams Realty Boston Northwest
(978) 828-5699
33 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73081303
APN: SOME-48 C 29 2
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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