NOT LISTED FOR SALE

Estimated Value: $1,269,000 - $1,772,268

5 Beds
3 Baths
2,321 Sq Ft
$624/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2019

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

Est. 45% increase in value since last sale

Current estimated payment $9,007 / mo

30 Days on Market

Highlights

  • Wood Flooring
  • Somerville High School Rated A-
  • 3-minute walk to Edward Alden Park

About This Home

As of January 2019

Substantial free-standing 2 1/2 story Victorian 2 family house with long driveway and small city yard in an incredible location straddling the city line with parts in both Cambridge & Somerville. First time offered since 1958, this property offers shrewd home buyers, investors or developers an amazing opportunity to realize their vision for two upscale condos or a truly amazing free-standing single. As per Seller: Assessments $502,600 Somerville + $207,600 Cambridge. Taxes: $5684 Somerville + $1305 Cambridge. Property ducted for 2 separate central air with air handlers in place. Still need compressors + final assembly. Tenant will move with seller. Property is offered subject to seller's ability to close on seller's new house. In the event such ability to close does not occur, seller reserves the right to extend closing, and/or cancel the sale with return of buyer's deposit, whereupon all obligations of the parties to each other shall cease without further recourse to either party

Last Agent to Sell the Property

Thomas Von Zabern

Historical Homes Listed on: 09/25/2018

Last Buyer's Agent

Thomas Von Zabern

Historical Homes Listed on: 09/25/2018

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1,742

Flooring

  • Wood
  • Tile

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:37 B:D L:7

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 340.37
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Dirt Floor
  • Main Lo: AN1753
  • Main So: AN1753
  • Estimated Sq Ft: 2321.00

Exterior Features

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

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Range

Lot Info

  • Assessments: 502600.00
  • Acre: 0.04
  • Lot Size: 1959.00
  • Page: 329
  • Parcel Number: M:37 B:D L:7
  • Zoning: RC

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6984.00
  • Assessor Parcel Number: 752834

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Nov 30, 2018
Sold by
Prescod Stephen M
Bought by
Seller's Agent
Thomas Von Zabern
Historical Homes
Buyer's Agent
Thomas Von Zabern
Historical Homes
List Price
$790,000
Sold Price
$1,000,000
Premium/Discount to List
$210,000
26.58%
Current Estimated Value
$1,447,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,317
Avg. Annual Appreciation
4.95%
Original Mortgage
$800,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2012
Sold by
Prescod Stephen M and Prescod Irvin D
Bought by
Prescod Stephen M and Prescod Dorothy E

Purchase Details

Closed on
May 31, 2006
Sold by
Prescod Dorothy E and Prescod Irvin D
Bought by
Prescod Dorothy E and Prescod Irvin D
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 --
Prescod Stephen M -- --
Prescod Dorothy E -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $180,000
Open Congoran Thomas $1,300,000
Closed Congoran Thomas $800,000
Previous Owner Prescod Stephen M $4,500
Previous Owner Prescod Irvin D $23,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/02/2019 01/02/19 Sold $1,000,000 +26.6% $431 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $790,000 -- $340 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,713 $1,165,300 $451,300 $714,000
2024 $12,124 $1,152,500 $451,300 $701,200
2023 $11,423 $1,104,700 $451,300 $653,400
2022 $10,768 $1,057,800 $429,900 $627,900
2021 $10,212 $1,002,200 $409,400 $592,800
2020 $5,463 $541,400 $393,600 $147,800
2019 $6,047 $562,000 $334,300 $227,700
2018 $5,684 $502,600 $303,900 $198,700
2017 $5,441 $466,200 $275,200 $191,000
2016 $5,568 $444,400 $270,500 $173,900
2015 $5,321 $422,000 $249,600 $172,400
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72400742

MLS Property Information Network (MLS PIN)

APN: SOME-000037-D000000-000007

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