NOT LISTED FOR SALE

9 Burnham St Somerville, MA 02144

Estimated Value: $1,511,000 - $1,681,000

9 Beds
3.5 Baths
3,130 Sq Ft
$517/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $1,400,000 $447 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,481/month

8 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Enclosed patio or porch
  • Somerville High School Rated A-
  • Jogging Path
  • 4-minute walk to Lou Ann David Park

About This Home

As of September 2021

Tufts and Davis Square Location! Just minutes from Tufts University and 0.5 miles to Davis Square Red Line "T" stop! Great opportunity for the Investor or future Owner-Occupant to own this spacious property. Enjoy its Prime Location, close to the "T", Bike Path, Shops, Theatre, Restaurants and all which this vibrant area has to offer you and your tenants! 1 Floor offers 7 rooms, 4 bedrooms and 1.5 bathrooms, lease until August 31, 2022 (rent includes exclusive use of the garage and a driveway). 2 Floor Unit has 5 rooms , 3 bedrooms, 1 bathroom and has a Lease until August 31, 2021 (rent includes Heat and Hot Water, paid by the owner). 3rd Floor unit offers 4 rooms, 2 bedrooms, 1 bathroom and has a Lease until August 31st, 2022(rent includes Heat and Hot Water, paid by the owner). Coin-Op Washer and Dryer in the basement are Leased.

Last Agent to Sell the Property

Helen Praysman

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/21/2021

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Helen Praysman

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/21/2021

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,589

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 3,130 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $9,050

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Recreation

  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $108,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,589

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Transaction Broker: 2.25
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full, Partially Finished
  • Living Area: 3130
  • Stories Total: 6
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 495.21
  • PRICE PER Sq Ft: 447.28
  • MAIN SO: AN6527

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Steam,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4451
  • PAGE: 144

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13589.4
  • Tax Book Number: 13316

Multi Family

  • Gross Income: 108600
  • Net Operating Income: 108600
  • Number Of Units Total: 3
  • Total Actual Rent: 9050
  • LEVELS 1: 2
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Sep 1, 2021
Sold by
Burnham T
Bought by
Tiger Family Llc
Seller's Agent
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,550,000
Sold Price
$1,400,000
Premium/Discount to List
-$150,000
-9.68%
Current Estimated Value
$1,651,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,333
Avg. Annual Appreciation
2.05%
Original Mortgage
$2,250,000
Outstanding Balance
$2,071,222
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$554,222

Purchase Details

Closed on
Oct 24, 1977
Bought by
Jandl Margaret M
Source: Public Records

Range of Values:

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Average Value
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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
Tiger Family Llc $1,400,000 None Available
Jandl Margaret M $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiger Family Llc $350,000
Closed Tiger Family Llc $200,000
Open Tiger Family Llc $2,250,000
Closed Tiger Family Llc $2,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $1,400,000 -9.7% $447 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $1,550,000 -- $495 / 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 $17,275 $1,583,400 $749,500 $833,900
2024 $16,279 $1,547,400 $749,500 $797,900
2023 $15,922 $1,539,800 $749,500 $790,300
2022 $14,315 $1,406,200 $713,900 $692,300
2021 $13,589 $1,333,600 $708,600 $625,000
2020 $13,040 $1,292,400 $709,100 $583,300
2019 $12,359 $1,148,600 $645,500 $503,100
2018 $11,422 $1,009,900 $586,900 $423,000
2017 $11,248 $963,800 $553,700 $410,100
2016 $11,046 $881,600 $494,400 $387,200
2015 $10,519 $834,200 $456,600 $377,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72853422

MLS Property Information Network (MLS PIN)

APN: SOME-000015-B000000-000017