9 Concord Ave Somerville, MA 02143
Ward Two NeighborhoodEstimated Value: $1,623,000 - $2,065,975
9
Beds
3
Baths
3,016
Sq Ft
$586/Sq Ft
Est. Value
About This Home
As of January 2017New 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
Total Days on Market
9
Current Estimated Value
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
3.75%
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
Similar Homes in Somerville, MA
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 |
|---|---|---|---|
| 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 | Wang-Pan Chun Z | $485,000 | |
| Previous Owner | Pan Chun Z | $490,000 | |
| Previous Owner | Tbmc Realty Llc | $968,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2017 01/25/17 | Sold | $1,300,000 | +18.2% | $431 / Sq Ft |
| 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 |
| 12/10/2014 12/10/14 | Pending | -- | -- | -- |
| 11/29/2014 11/29/14 | For Sale | $770,000 | -- | $257 / 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 | $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
-
Tony Madan
T
Seller's Agent in 2017
Tony Madan
Boston Investments
(617) 702-2261
1 Total Sale
-
Darryln Leikauskas
Buyer's Agent in 2017
Darryln Leikauskas
Berkshire Hathaway HomeServices Commonwealth Real Estate
(508) 879-0555
1 in this area
15 Total Sales
-
Jennifer Frost
Seller's Agent in 2015
Jennifer Frost
Keller Williams Realty - Londonderry
(603) 320-5020
60 Total Sales
-
N
Buyer's Agent in 2015
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72097235
APN: SOME-000082-E000000-000020
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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