NOT LISTED FOR SALE

9 Concord Ave Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,325,000 - $2,197,897

9 Beds
3 Baths
3,016 Sq Ft
$553/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $1,300,000 $431 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,338/month

About This Home

As of January 2017

New rare to find fully leased 2 family in coveted Union Sq. 1 Block from the up and coming Green Line T, bars and excellent culinary cuisines. Also blocks away from the bustling Inman Sq. and Cambridge Line. Excellent rental location and long term upside potential. All units leased until Aug 31, 2017, with 7% escalation clauses if renewed for 2018, turnkey property. Strong credited tenants. Collect positive cash flow from Day 1. Units are in renovated condition with the potential to upgrade even further & increase income with small improv. HW floors. Utilities individually metered, spacious rooms, Maintenance free Vinyl Siding, Laundry coin-op basement 60/mo income, 1st Floor unit Includes off-street parking for 150/mo. Large Fenced in yard, Side & Back decks off units. See attached Flr Plan. Open House Thur 12/1 (2:30-3:30pm), Sun 12/4 (2:30-3:30pm), Wed 12/7 (2:30p-3:30p). Only showings @ OH, bids due Wed 12/7 @ 5pm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Pan Jung-Feng and Pan Chun Z
Bought by
Pan Ft and Pan
Current Estimated Value
$1,668,974

Purchase Details

Closed on
Jul 2, 2018
Sold by
Tbmc Realty Llc
Bought by
Pan Chun Z and Pan Jung Feng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.91%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jan 25, 2017
Sold by
Summer Enterprises Llc
Bought by
Tbmc Realty Llc
Seller's Agent
Tony Madan
Boston Investments
Buyer's Agent
Darryln Leikauskas
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,100,000
Sold Price
$1,300,000
Premium/Discount to List
$200,000
18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$968,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 29, 2014
Closed on
Jan 9, 2015
Sold by
Raposo Antonio C and Raposo Bonnie J
Bought by
Summer Enterprises Llc
Seller's Agent
Jennifer Frost
Keller Williams Realty - Londonderry
Buyer's Agent
Non Member
Non Member Office
List Price
$770,000
Sold Price
$785,000
Premium/Discount to List
$15,000
1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.90%

Purchase Details

Closed on
Mar 3, 2005
Sold by
Raposo Jose Carlos and Raposo Sonia G
Bought by
Raposo Antonio C

Purchase Details

Closed on
Apr 27, 2004
Sold by
Raposo Jose Carlos and Raposo Zinalia Maria
Bought by
Raposo Jose Carlos and Raposo Sonia G

Purchase Details

Closed on
Apr 29, 1993
Sold by
Linnane Winifred M
Bought by
Raposo Jose C and Raposo Zinalia M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pan Ft -- None Available
Pan Ft -- None Available
Pan Chun Z $1,560,000 --
Tbmc Realty Llc $1,300,000 --
Tbmc Realty Llc $1,300,000 --
Summer Enterprises Llc $785,000 --
Raposo Antonio C $725,000 --
Raposo Antonio C $725,000 --
Raposo Jose Carlos -- --
Raposo Jose Carlos -- --
Raposo Jose C $140,000 --
Raposo Jose C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pan Chun Z $490,000
Previous Owner Tbmc Realty Llc $968,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2017 01/25/17 Sold $1,300,000 +18.2% $431 / Sq Ft View Prior Sale
12/09/2016 12/09/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $1,100,000 +40.1% $365 / Sq Ft
01/09/2015 01/09/15 Sold $785,000 +1.9% $262 / Sq Ft View Prior Sale
12/10/2014 12/10/14 Pending -- -- --
11/29/2014 11/29/14 For Sale $770,000 -- $257 / Sq Ft

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 $17,880 $1,638,900 $637,500 $1,001,400
2024 $16,644 $1,582,100 $637,500 $944,600
2023 $16,190 $1,565,800 $637,500 $928,300
2022 $15,136 $1,486,800 $607,100 $879,700
2021 $14,195 $1,393,000 $578,200 $814,800
2020 $13,380 $1,326,100 $556,000 $770,100
2019 $12,713 $1,181,500 $472,200 $709,300
2018 $10,954 $968,500 $429,200 $539,300
2017 $9,530 $816,600 $388,700 $427,900
2016 $9,959 $794,800 $382,100 $412,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tony Madan

    Boston Investments

    (617) 702-2261

    1 Total Sale

    Tony Madan
    Section Image
  • Darryln Leikauskas

    Buyer's Agent in 2017

    Darryln Leikauskas

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (508) 879-0555

    1 in this area

    13 Total Sales

    Darryln Leikauskas
    Section Image
  • Jennifer Frost

    Seller's Agent in 2015

    Jennifer Frost

    Keller Williams Realty - Londonderry

    (603) 320-5020

    49 Total Sales

    Jennifer Frost
    Section Image

  • N

    Buyer's Agent in 2015

    Non Member

    Non Member Office

See All Agents

Map

Massachusetts Middlesex County Somerville 02143 Prospect Hill

9 Concord Ave, Somerville, MA

This home is located at 9 Concord Ave, Somerville, MA 02143 and is currently estimated at $1,668,974, approximately $553 per square foot. 9 Concord Ave is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Charter School.

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.

Nearby Homes