NOT LISTED FOR SALE

8 Fairview Terrace Unit 3 Somerville, MA 02145

Winter Hill Neighborhood

Estimated Value: $476,000 - $910,000

2 Beds
1 Bath
949 Sq Ft
1915 Built

Last Sold July 08, 2022

Last sale price $600,000 $632 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,129/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Community Garden
  • Somerville High School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of July 2022

Beautiful and sun drenched top floor condo, located on a cul de sac, in the coveted Winter Hill neighborhood of Somerville. This modern unit has been recently updated throughout including a tastefully designed kitchen and bathroom, gleaming hardwood floors and recently painted interior. The open concept floor plan is ideal for modern living. Both bedrooms are comfy with ample closet space. In-unit laundry, storage in the basement and deeded parking round out this amazing condo! Only 1/2 mile away from the Gilman Square green line extension stop. This is a must-see, move in ready property that you don't want to miss out on!

Last Agent to Sell the Property

Emmanuel Paul

Redfin Corp. Listed on: 05/18/2022

Redfin Corp.

Last Buyer's Agent

Shawna Rosher Smith

Flow Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 1915

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 949 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • ENERGY STAR Qualified Refrigerator

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Winter Hill Elementary School
  • Arthur D Healey Middle School
  • Somerville High School

Utilities

  • Cooling System Powered By Renewable Energy
  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number M:48 B:C L:29 U:3,4997595

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, insurance, reserve funds
  • 3 Units

Amenities

  • Medical Services
  • Community Garden
  • Common Area
  • Shops

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,842

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1915
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 3
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Refrigerator,Washer,Dryer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Washer,Oven - ENERGY STAR, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit, Washer Hookup
  • Living Area: 949
  • Stories Total: 1
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 579.56
  • PRICE PER Sq Ft: 632.24
  • MAIN SO: NB4184

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating: Forced Air, Natural Gas, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Garden Area
  • Association Fee: 199
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station, Other
  • UNIT BUILDING: 3

Fee Information

  • Association Fee Includes: Sewer, Insurance, Reserve Funds

Lot Info

  • Parcel Number: M:48 B:C L:29 U:3,4997595
  • Zoning: 000
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 249
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4842
  • Tax Book Number: 68176

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Somerville H.S.
  • Elementary School: Winter Hill
  • Middle Or Junior School: Arthur D Healey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Oct 7, 2016
Sold by
Fairview Terrace Rt
Bought by
Bissell Anthony
Seller's Agent
Adam Day
Steve Bremis Realty Group
Buyer's Agent
Daniel Dineen
Flow Realty, Inc.
List Price
$379,999
Sold Price
$361,000
Premium/Discount to List
-$18,999
-5%
Current Estimated Value
$679,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,946
Avg. Annual Appreciation
7.28%
Original Mortgage
$348,175
Outstanding Balance
$278,862
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$401,084
Source: Public Records

Range of Values:

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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
Bissell Anthony $366,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bissell Anthony $348,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $600,000 +9.1% $632 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $549,999 +52.4% $580 / Sq Ft
10/07/2016 10/07/16 Sold $361,000 -5.0% $510 / Sq Ft View Prior Sale
06/25/2016 06/25/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $379,999 -- $537 / 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 $6,293 $576,800 $0 $576,800
2024 $5,946 $565,200 $0 $565,200
2023 $5,110 $494,200 $0 $494,200
2022 $4,842 $475,600 $0 $475,600
2021 $4,437 $435,400 $0 $435,400
2020 $4,253 $421,500 $0 $421,500
2019 $4,395 $408,500 $0 $408,500
2018 $4,089 $361,500 $0 $361,500
Source: Public Records

Agents Affiliated with this Home

  • Shawna Rosher Smith

    Buyer's Agent in 2022

    Shawna Rosher Smith

    Flow Realty, Inc.

    (617) 866-8765

    1 in this area

    111 Total Sales

    Shawna Rosher Smith
    Section Image

  • A

    Seller's Agent in 2016

    Adam Day

    Steve Bremis Realty Group

    (617) 908-5653

    9 Total Sales

    Adam Day
    Section Image

  • D

    Buyer's Agent in 2016

    Daniel Dineen

    Flow Realty, Inc.

    (617) 784-8360

    38 Total Sales

    Daniel Dineen
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72983373

MLS Property Information Network (MLS PIN)

APN: SOME-48 C 29 3

Massachusetts Middlesex County Somerville 02145 Winter Hill

8 Fairview Terrace Unit 3, Somerville, MA

This home is located at 8 Fairview Terrace Unit 3, Somerville, MA 02145 since 18 May 2022 and is currently estimated at $679,946, approximately $716 per square foot. This property was built in 1915. 8 Fairview Terrace Unit 3 is a home located in Middlesex County with nearby schools including Somerville High School and Bright Future Educare Center.

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.

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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