NOT LISTED FOR SALE

Estimated Value: $1,548,168

7 Beds
3 Baths
3,022 Sq Ft
$512/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $812,000 $269 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $8,127/month

23 Days on Market

About This Home

As of March 2015

Rare Opportunity! Somerville/Medford line right in Ball Square and next to Tufts University! Huge 2 family building, fully tenanted with leases making $4650/month in income. Unit 1: 2bed/1bath rented for $1650, with 1 bedroom upstairs, kitchen with large pantry, dining/living and large front entryway. Unit 2: 5bed/1.5bath rented for $3000, with 2 levels, living room plus den/office, kitchen with large pantry. Both units have direct access to separate sides of the basement and laundry for each unit in the basement. Well maintained building is vinyl sided with all separate systems. 1 furnace 2010 (the other older), hot water tanks 2003/2014, electrical 100amp service. Group showings Fri 1/30 5-6:30pm and Sat 1/31 11am-1pm (please note these will be the only showings). Offers requested by 12noon on Mon 2/2/15. 560sf of the lot is in Somerville.

Last Agent to Sell the Property

Kathleen Alexander

Keller Williams Realty Boston-Metro | Back Bay Listed on: 01/26/2015

Keller Williams Realty Boston-Metro | Back Bay

Last Buyer's Agent

Kathleen Alexander

Keller Williams Realty Boston-Metro | Back Bay Listed on: 01/26/2015

Keller Williams Realty Boston-Metro | Back Bay

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$82

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Bike Path, Highway Access, University
  • Electric: 100 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Basement: Full, Bulkhead

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Balcony, Storage Shed, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:X-07 B:0014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2016
Sold by
Pan Richard and Shi Huankun
Bought by
Shen Yuan K
Current Estimated Value
$1,548,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$518,292
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,029,876

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 20, 2015
Sold by
Truong Sabrina S
Bought by
Pan Richard and Shi Huankun
Seller's Agent
Kathleen Alexander
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Kathleen Alexander
Keller Williams Realty Boston-Metro | Back Bay
List Price
$768,000
Sold Price
$812,000
Premium/Discount to List
$44,000
5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$487,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Maunsell Grainne K
Bought by
Truong San Khai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,700
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Shen Yuan K $841,000 --
Pan Richard $812,000 --
Truong San Khai $573,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Yuan K $660,000
Previous Owner Pan Richard $487,200
Previous Owner Truong San Khai $515,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $812,000 +5.7% $269 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $768,000 -- $254 / 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 $82 $7,500 $0 $7,500
2024 $79 $7,500 $0 $7,500
2023 $78 $7,500 $0 $7,500
2022 $76 $7,500 $0 $7,500
2021 $76 $7,500 $0 $7,500
2020 $76 $7,500 $0 $7,500
2019 $81 $7,500 $0 $7,500
2018 $85 $7,500 $0 $7,500
2017 $334 $28,600 $28,600 $0
2016 $320 $25,500 $25,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71787720

MLS Property Information Network (MLS PIN)

APN: SOME-000019-B000000-000008-A000000