R
Seller's Agent in 2022
Ray Suppa
Coldwell Banker Realty - Cambridge
(781) 648-6500
1 in this area
33 Total Sales
81 Summer St Unit 2 Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $368,876 - $538,000
1
Bed
1
Bath
410
Sq Ft
$187/mo
HOA Fee
Highlights
- Open Floorplan
- Property is near public transit
- Jogging Path
- Somerville High School Rated A-
- Solid Surface Countertops
- 3-minute walk to Quincy Street Open Space
About This Home
As of September 2022This charming, one bedroom condo is perfectly located near Union Square, the new Green Line MBTA Station, terrific restaurants, and shopping centers. Offering a great opportunity to get into the Somerville marketplace at a fantastic price point. The unit is well-maintained and has been recently revised, including new laminate floors, freshly painted walls, updated bathroom, and a refurbished kitchen. Also included with the unit, in building laundry and a reserved parking spot. Amazing for an investor to build their portfolio or for an owner occupant buyer looking for an awesome unit and great location that makes this unit one that's not to be missed!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,727
Year Built
- Built in 1970
HOA Fees
- $187 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Rubber Roof
Interior Spaces
- 410 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Light Fixtures
- Laminate Flooring
- Basement
Kitchen
- Oven
- Range Hood
- Microwave
- ENERGY STAR Qualified Refrigerator
- Dishwasher
- ENERGY STAR Range
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Baseboard Heating
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:51 B:F L:21 U:2,4659252
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 18 Units
- Low-Rise Condominium
Amenities
- Shops
- Laundry Facilities
Recreation
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2018
Closed on
Feb 21, 2019
Sold by
81 Summer Street Llc
Bought by
Schutz Chris and Ruane Cherilyn
Seller's Agent
Tenzin Sonam
SL Group Properties, LLC
Buyer's Agent
Matthew Zborezny
Redfin Corp.
List Price
$295,000
Sold Price
$281,000
Premium/Discount to List
-$14,000
-4.75%
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
$166,719
Avg. Annual Appreciation
7.27%
Original Mortgage
$224,800
Outstanding Balance
$197,236
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$250,483
Purchase Details
Listed on
Dec 14, 2018
Closed on
Jan 4, 2019
Sold by
Sonam Tenzin
Bought by
81 Summer Street Llc
Seller's Agent
Tenzin Sonam
SL Group Properties, LLC
Buyer's Agent
Matthew Zborezny
Redfin Corp.
List Price
$295,000
Sold Price
$281,000
Premium/Discount to List
-$14,000
-4.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Outstanding Balance
$197,236
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$250,483
Purchase Details
Closed on
Feb 12, 2016
Sold by
Waldo Rt
Bought by
Sonam Tenzin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,700
Interest Rate
5%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Schutz Chris | $281,000 | -- | |
| 81 Summer Street Llc | -- | -- | |
| Sonam Tenzin | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schutz Chris | $224,800 | |
| Previous Owner | 81 Summer Street Llc | $1 | |
| Previous Owner | Sonam Tenzin | $138,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2022 09/16/22 | Sold | $351,000 | -3.8% | $856 / Sq Ft | |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- | |
| 07/21/2022 07/21/22 | For Sale | $365,000 | +29.9% | $890 / Sq Ft | |
| 02/28/2019 02/28/19 | Sold | $281,000 | -4.7% | $685 / Sq Ft | View Prior Sale |
| 02/02/2019 02/02/19 | Pending | -- | -- | -- | |
| 12/14/2018 12/14/18 | For Sale | $295,000 | -- | $720 / 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 | $3,574 | $327,600 | $0 | $327,600 |
| 2024 | $3,446 | $327,600 | $0 | $327,600 |
| 2023 | $2,900 | $280,500 | $0 | $280,500 |
| 2022 | $2,727 | $267,900 | $0 | $267,900 |
| 2021 | $2,644 | $259,500 | $0 | $259,500 |
| 2020 | $2,594 | $257,100 | $0 | $257,100 |
| 2019 | $2,482 | $230,700 | $0 | $230,700 |
| 2018 | $2,079 | $183,800 | $0 | $183,800 |
| 2017 | $2,059 | $176,400 | $0 | $176,400 |
| 2016 | $2,178 | $173,800 | $0 | $173,800 |
| 2015 | $2,106 | $167,000 | $0 | $167,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Suppa
-
Eric Raynor
Buyer's Agent in 2022
Eric Raynor
Leading Edge Real Estate
(617) 686-2844
1 in this area
36 Total Sales
-
Tenzin Sonam
Seller's Agent in 2019
Tenzin Sonam
SL Group Properties, LLC
(617) 417-7501
23 Total Sales
-
Matthew Zborezny
M
Buyer's Agent in 2019
Matthew Zborezny
Redfin Corp.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73015406
APN: SOME-000051-F000000-000021-000002
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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