NOT LISTED FOR SALE

Estimated Value: $1,270,503

0.1 Acre
$12,705,030 Price per Acre
4,356 Sq Ft Lot

Last Sold April 19, 2022

Last sale price $1,250,000

Est. 2% increase in value since last sale

Current estimated payment $8,352/month

36 Days on Market

Highlights

  • Property is near public transit and schools
  • Jogging Path
  • Shops
  • Somerville High School Rated A-
  • Park
  • Fenced

About This Lot

As of April 2022

Development opportunity only .2 of a mile from the heart of Inman square. Currently an auto body with open car parking and a small repair shop, this 4360 square foot lot with large curb cut has the making of a residential or mixed use development. Zoned UR, with 54 feet of frontage, and 81 depth. Prime location within walking distance to public transportation, Inman, and the many of the shops and restaurants that Somerville and Cambridge have to offer.

Last Agent to Sell the Property

Ramsay Fretz

Leading Edge Real Estate Listed on: 04/26/2021

Last Buyer's Agent

William Senne

Senne

Senne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,257

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned UR

Additional Features

  • Property is near public transit and schools
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number M:83 B:F L:7,759492

Community Details

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$7,257

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AN4643
  • MAIN SO: AN6753

Exterior Features

  • Fencing: Fenced
  • Road Frontage Type: Public
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: Other (See Remarks)
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:83 B:F L:7,759492
  • Zoning: UR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Sidewalks
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4360

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Apr 19, 2022
Sold by
Laudalina Liberato Ft and Macedo
Bought by
91 Prospect Street Llc
Seller's Agent
Ramsay Fretz
Leading Edge Real Estate
Buyer's Agent
William Senne
Senne
List Price
$1,750,000
Sold Price
$1,250,000
Premium/Discount to List
-$500,000
-28.57%
Current Estimated Value
$1,270,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,503
Avg. Annual Appreciation
0.44%
Original Mortgage
$1,000,000
Outstanding Balance
$929,188
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$341,315

Purchase Details

Closed on
Apr 13, 2016
Sold by
Liberato Rt and Liberato
Bought by
Laudalina Liberato Ft and Macedo

Purchase Details

Closed on
Sep 30, 1994
Sold by
Dasilva Jose C
Bought by
Liberato Rt and Liberato
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
91 Prospect Street Llc $1,250,000 None Available
Laudalina Liberato Ft -- --
Liberato Rt $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 91 Prospect Street Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2022 04/19/22 Sold $1,250,000 -28.6% --
06/01/2021 06/01/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $1,750,000 -- --
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 $21,285 $1,125,000 $929,700 $195,300
2024 $20,475 $1,125,000 $929,700 $195,300
2023 $7,544 $434,800 $337,600 $97,200
2022 $7,326 $434,800 $337,600 $97,200
2021 $7,257 $434,800 $337,600 $97,200
2020 $7,096 $434,800 $337,600 $97,200
2019 $7,256 $418,700 $321,500 $97,200
2018 $7,506 $412,200 $321,500 $90,700
2017 $10,184 $541,400 $455,000 $86,400
2016 $7,319 $362,700 $281,200 $81,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72820724

MLS Property Information Network (MLS PIN)

APN: SOME M:83 B:F L:7