$1,325,000
SOLD OCT 15, 2024
6 Beds
-- Bath
3,206 Sq Ft
3,940 Sq Ft Lot

Recently Sold

$413 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit
  • 1-minute walk to North Street Veterans Playground

About This Home

As of October 2024

Fabulous opportunity for investment property in prime location walkable to Tufts University and the new Green Line extension! Located on a tree-lined street with outstanding curb appeal, this three family features 2BRs in each unit, a level backyard with a spacious back deck, and a driveway accommodating 3 cars. Inside, enjoy hardwood floors, charming architectural details including stained glass, and abundant natural light. Separated systems and maintenance-free siding enhance the property's appeal, along with gas cooking and a full basement for added storage or potential expansion plus coin ops. Offering exceptional walkability and convenient access to bus lines, shopping at Stop & Shop and Whole Foods, and easy access to Route 2, Cambridge, Davis Square and the Red Line. Group showings: September 3rd at 6pm, September 4th at noon. September 5th 6pm, Open houses: Sept 7th Saturday noon to 1:30 and Sept 8th Sunday noon to 1:30. Seller to review all offers September 10th at noon.

Last Agent to Sell the Property

Shane Marrion

Benoit Real Estate Group ,LLC Listed on: 09/02/2024

Last Buyer's Agent

David Ladner

RE/MAX Harmony

RE/MAX Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,035

Year Built

  • Built in 1930

Lot Details

  • 3,940 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 6 Bedrooms
  • 3,206 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $6,730
  • Assessor Parcel Number 747468

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $56,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,035

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1930
  • Year Built Details: Approximate
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Basement: Full
  • Living Area: 3206
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: BB5745
  • LIST PRICE PER Sq Ft: 405.49
  • PRICE PER Sq Ft: 413.29
  • MAIN SO: AN5976

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 747468
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3940
  • Lot Size Units: Acres
  • PAGE: 99
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13035
  • Tax Book Number: 99

Multi Family

  • Gross Income: 56760
  • Net Operating Income: 56760
  • Number Of Units Total: 3
  • Total Actual Rent: 6730
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2011
Sold by
Kerins Ft and Kerins
Bought by
Stephen F Kerins 2011 and Kerins
Current Estimated Value
$1,418,756
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,060,000 Purchase Money Mortgage
Closed $1,060,000 Purchase Money Mortgage
Closed $7,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $1,325,000 +1.9% $413 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/02/2024 09/02/24 For Sale $1,300,000 -- $405 / 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 $13,821 $1,266,800 $630,500 $636,300
2024 $13,035 $1,239,100 $630,500 $608,600
2023 $12,747 $1,232,800 $630,500 $602,300
2022 $12,132 $1,191,700 $600,500 $591,200
2021 $11,374 $1,116,200 $583,000 $533,200
2020 $10,889 $1,079,200 $581,900 $497,300
2019 $9,802 $911,000 $482,800 $428,200
2018 $9,504 $840,300 $481,100 $359,200
2017 $9,359 $802,000 $453,900 $348,100
2016 $9,493 $757,600 $428,800 $328,800
2015 $8,992 $713,100 $392,600 $320,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73283791

MLS Property Information Network (MLS PIN)

APN: SOME-000006-B000000-000036