NOT LISTED FOR SALE

86 Franklin St Somerville, MA 02145

East Somerville Neighborhood

Estimated Value: $931,000

4 Beds
2 Baths
1,936 Sq Ft
$481/Sq Ft Est. Value

Last Sold January 09, 2017

Last sale price $550,000 $284 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,680/month

1 Day on Market

About This Home

As of January 2017

Lowest priced multi-family in Somerville. Two family in need of renovations. Walk to Union Square and Sullivan Station. 5 minutes drive to Assembly Square Row Shopping Center. Across the street from the proposed new Green Line. Easy Access to McGrath Highway and Rte. 93. Great time to invest in this up and coming area. Lot next to the house is also for sale 2,300 sq ft for $85,000.00, separate deed.

Last Listed By

Charlene Morris

Morello Real Estate Listed on: 11/11/2016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,220

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.75
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Public School, T-Station
  • Electric: 110 Volts
  • Flooring: Wood, Vinyl
  • Basement: Full, Dirt Floor
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles
  • Foundation: Brick

Garage/Parking

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

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RB

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 9
  • Total Rent_1: 2900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
Oct 17, 2014
Sold by
Wamboldt George D and Wamboldt Judith
Bought by
Colman Lilian
Seller's Agent
Charlene Morris
Morello Real Estate
Buyer's Agent
Lillian Colman
Kava Realty Group, Inc.
List Price
$399,900
Sold Price
$434,999
Premium/Discount to List
$35,099
8.78%
Total Days on Market
1
Current Estimated Value
$931,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,001
Avg. Annual Appreciation
7.53%
Original Mortgage
$326,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2007
Sold by
Wamboldt Eleanor L
Bought by
Wamboldt Eleanor L and Wamboldt George D

Range of Values:

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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
Colman Lilian $434,999 --
Wamboldt Eleanor L -- --
Wamboldt Eleanor L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 86 Franklin Street Llc $554,786
Closed Colman Lilian $326,000
Previous Owner Wamboldt George D $81,710
Previous Owner Wamboldt George D $33,320
Previous Owner Wamboldt George D $20,100
Previous Owner Wamboldt Donald $1,650
Previous Owner Wamboldt Donald C $71,500
Previous Owner Wamboldt Ellen L $65,000
Previous Owner Wamboldt Ellen L $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2017 01/09/17 Sold $550,000 +5.8% $284 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
11/11/2016 11/11/16 For Sale $519,900 +19.5% $269 / Sq Ft
10/17/2014 10/17/14 Sold $434,999 +8.8% $225 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $399,900 -- $207 / 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
2023 $6,220 $601,500 $256,100 $345,400
2022 $6,123 $601,500 $256,100 $345,400
2021 $6,129 $601,500 $256,100 $345,400
2019 $7,296 $601,500 $256,100 $345,400
2018 $5,822 $514,800 $204,800 $310,000
2017 $5,020 $430,200 $193,200 $237,000
2016 $4,921 $392,700 $135,700 $257,000
2015 $4,015 $318,400 $135,000 $183,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Charlene Morris

    Morello Real Estate

    (617) 584-4801

    3 Total Sales

    Charlene Morris
    Section Image

  • G

    Buyer's Agent in 2017

    Greg McCarthy

    Riverfront REALTORS®

    (508) 868-0801

    116 Total Sales

    Greg McCarthy
    Section Image

  • L

    Buyer's Agent in 2014

    Lillian Colman

    Kava Realty Group, Inc.

    (617) 646-9956

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72092379

MLS Property Information Network (MLS PIN)

APN: SOME-000104-E000000-000002

Massachusetts Middlesex County Somerville 02143 East Somerville

86 Franklin St, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 86 Franklin St, Somerville, MA 02145 since 11 November 2016 and is currently priced at $931,000, approximately $480 per square foot. This property was built in 1890. 86 Franklin St is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Upper Elementary Campus.

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MLS Property Information Network (MLS PIN) 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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