Seller's Agent in 2017
Shane Marrion
Benoit Real Estate Group ,LLC
(617) 750-6378
5 in this area
79 Total Sales
8 Steeves Cir Somerville, MA 02144
Spring Hill NeighborhoodEstimated Value: $1,636,641 - $2,420,000
9
Beds
3
Baths
4,173
Sq Ft
$460/Sq Ft
Est. Value
About This Home
As of January 2017Location! Location! Location! Quiet side street, yet on top of the Porter Square Red Line. Just minutes away!!! Enormous and well maintained 3 family with major CASH COW potential!!!! Excellent floor plan with 3 bedrooms per unit. All bedrooms are sizable with decent closet space. One off-street parking, all separate high quality gas heating systems, coin-operated washer, over-sized back decks, sunny, updated kitchens and baths in all 3 units. Huge basement with plenty of storage. All 3 units are leased until September 1, 2017. Group showings only: Tuesday January 3rd. 6pm, January 4th Wednesday noon, Thursday January 5th 6pm Open House Saturday 12-1. Offers will be reviewed by seller January 8th 6pm.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$21,591
Year Built
1890
Lot Details
0
Listing Details
- Lot Description: Other (See Remarks)
- Property Type: Multi-family
- Other Agent: 2.00
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1890
Interior Features
- Has Basement: Yes
- Number of Rooms: 15
- Electric: Circuit Breakers
- Basement: Full
- Total Levels: 3
Exterior Features
- Foundation: Concrete Block
Garage/Parking
- Parking Spaces: 1
Utilities
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Zoning: res
Multi Family
- Total Bedrooms: 9
- Total Floors: 6
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 15
- Total Rent_1: 7414
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2016
Closed on
Jan 24, 2017
Sold by
8 Steeves Circle T
Bought by
Tiancheng Inatl Group
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
List Price
$1,500,000
Sold Price
$1,650,000
Premium/Discount to List
$150,000
10%
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
$174,368
Avg. Annual Appreciation
1.80%
Purchase Details
Closed on
Jul 3, 2013
Sold by
Reavis Richard G and Rickard Jacqueline T
Bought by
8 Steeves Circle T and Reavis Richard G
Purchase Details
Closed on
Apr 11, 2012
Sold by
8 Steeves Circle T and Rickard Jacqueline T
Bought by
Reavis Richard G and Rickard Jacqueline T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 1997
Sold by
Sprung Robert
Bought by
Reavis Richard G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 17, 1993
Sold by
Squillacioti Rocco and Squillacioti Rosalba
Bought by
Sprung Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Tiancheng Inatl Group | $1,650,000 | -- | |
| 8 Steeves Circle T | -- | -- | |
| Reavis Richard G | -- | -- | |
| Reavis Richard G | $360,000 | -- | |
| Sprung Robert | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reavis Richard G | $246,500 | |
| Previous Owner | 8 Steeves Circle T | $100,000 | |
| Previous Owner | 8 Steeves Cir T | $281,458 | |
| Previous Owner | Sprung Robert | $288,000 | |
| Previous Owner | Sprung Robert | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2017 01/23/17 | Sold | $1,650,000 | +10.0% | $395 / Sq Ft |
| 01/09/2017 01/09/17 | Pending | -- | -- | -- |
| 12/23/2016 12/23/16 | For Sale | $1,500,000 | -- | $359 / 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 | $21,591 | $1,979,000 | $634,300 | $1,344,700 |
| 2024 | $20,199 | $1,920,100 | $634,300 | $1,285,800 |
| 2023 | $19,702 | $1,905,400 | $634,300 | $1,271,100 |
| 2022 | $18,839 | $1,850,600 | $604,000 | $1,246,600 |
| 2021 | $18,115 | $1,777,700 | $575,300 | $1,202,400 |
| 2020 | $17,342 | $1,718,700 | $516,300 | $1,202,400 |
| 2019 | $16,530 | $1,536,200 | $481,000 | $1,055,200 |
| 2018 | $12,918 | $1,142,200 | $437,300 | $704,900 |
| 2017 | $12,623 | $1,081,700 | $412,500 | $669,200 |
| 2016 | $11,207 | $894,400 | $314,400 | $580,000 |
| 2015 | $10,695 | $848,100 | $312,700 | $535,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72103254
APN: SOME-000030-E000000-000024
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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