Seller's Agent in 2015
Joshua Wild
Elevated Realty, LLC
(978) 771-9599
1 Total Sale
8 Knapp St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,727,000 - $1,837,000
8
Beds
4
Baths
3,924
Sq Ft
$451/Sq Ft
Est. Value
About This Home
As of April 2015INVESTORS AND DEVELOPERS take note: HUGE 3 Family on quiet side street in premier location within walking distance to Union and Porter Squares. Easy access to public transportation and new green line extension, grocery stores, shops/restaurants. Property is in excellent condition. New rubber roof and gutters within past 2 years, newer vinyl windows, newer vinyl siding, newer heating systems. Unique opportunity to own a turn-key property in an excellent neighborhood. Perfect for investor, owner-occupant or luxury condo conversion in one of the premier areas of Somerville. Motivated Seller. Only showing will be OPEN HOUSE: Sat. 2/14 from 12-3PM (extra parking available at Market Basket on Somerville Ave.). ***ALL OFFERS DUE MONDAY 2/16 BY 5PM*** NOTE: OPEN HOUSE SUNDAY 2/15 IS CANCELLED DUE TO IMPENDING SNOWSTORM!!!
Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Fenced/Enclosed
- Other Agent: 1.00
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 4
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 20
- Amenities: Public Transportation, Shopping, Park, T-Station
- Flooring: Wood
- Basement: Full, Finished
Exterior Features
- Roof: Rubber
- Exterior: Vinyl
- Exterior Features: Deck - Wood, Patio, Covered Patio/Deck
- Foundation: Fieldstone
Garage/Parking
- Parking: On Street Permit
- Parking Spaces: 0
Utilities
- Hot Water: Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 27, 2024
Sold by
Singh Gurdip and Kaur Harjinder
Bought by
Prem Foundations Llc
Current Estimated Value
Purchase Details
Closed on
Aug 30, 2019
Sold by
Knapp Development Llc
Bought by
First Hunter Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,687,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 6, 2015
Closed on
Apr 10, 2015
Sold by
Jaeger Ralph and Jaeger Claire
Bought by
Knapp Developement Llc
Seller's Agent
Joshua Wild
Elevated Realty, LLC
Buyer's Agent
Laurence Tamkin
Boston Commercial Realty
List Price
$1,250,000
Sold Price
$1,001,600
Premium/Discount to List
-$248,400
-19.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$701,120
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Feb 6, 2015
Closed on
Apr 2, 2015
Sold by
Barbosa Manuel P and Barbosa Maria A
Bought by
Jaeger Ralph
Seller's Agent
Joshua Wild
Elevated Realty, LLC
Buyer's Agent
Laurence Tamkin
Boston Commercial Realty
List Price
$1,250,000
Sold Price
$1,001,600
Premium/Discount to List
-$248,400
-19.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,120
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1989
Sold by
Mcevoy Robt L
Bought by
Barbosa Manuel P
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 |
|---|---|---|---|
| Prem Foundations Llc | -- | None Available | |
| Prem Foundations Llc | -- | None Available | |
| First Hunter Llc | -- | -- | |
| Knapp Developement Llc | -- | -- | |
| Knapp Developement Llc | -- | -- | |
| Jaeger Ralph | $1,001,600 | -- | |
| Barbosa Manuel P | $245,000 | -- | |
| Barbosa Manuel P | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | First Hunter Llc | $11,687,000 | |
| Previous Owner | Jaeger Ralph | $701,120 | |
| Previous Owner | Barbosa Manuel P | $269,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2015 04/01/15 | Sold | $1,001,600 | -19.9% | $255 / Sq Ft |
| 03/02/2015 03/02/15 | Pending | -- | -- | -- |
| 02/06/2015 02/06/15 | For Sale | $1,250,000 | -- | $319 / Sq Ft |
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 | $17,969 | $1,647,000 | $516,500 | $1,130,500 |
| 2024 | $16,806 | $1,597,500 | $516,500 | $1,081,000 |
| 2023 | $16,391 | $1,585,200 | $516,500 | $1,068,700 |
| 2022 | $15,676 | $1,539,900 | $491,900 | $1,048,000 |
| 2021 | $15,075 | $1,479,400 | $468,500 | $1,010,900 |
| 2020 | $14,745 | $1,461,300 | $450,400 | $1,010,900 |
| 2019 | $13,760 | $1,278,800 | $391,700 | $887,100 |
| 2018 | $11,400 | $1,008,000 | $356,100 | $651,900 |
| 2017 | $11,143 | $954,800 | $335,900 | $618,900 |
| 2016 | $10,600 | $846,000 | $245,800 | $600,200 |
| 2015 | $8,210 | $651,100 | $244,400 | $406,700 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Wild
-
Laurence Tamkin
Buyer's Agent in 2015
Laurence Tamkin
Boston Commercial Realty
(617) 922-4121
36 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71790526
APN: SOME-000052-E000000-000006
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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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