Seller's Agent in 2022
Nick Lento
Coldwell Banker Realty - Boston
(617) 755-5804
1 in this area
98 Total Sales
97 Elm St Somerville, MA 02144
Porter Square NeighborhoodEstimated Value: $1,529,000 - $2,117,000
9
Beds
3
Baths
3,989
Sq Ft
$475/Sq Ft
Est. Value
About This Home
As of January 2022INVESTORS TAKE NOTE - Steps from the Porter Square T Station & on a Double Lot! Generating $12k total a month when fully occupied. Each apartment in this spacious Triple Decker features 5 rooms, Large Eat-in-Kitchen with a pantry, wood floors, back porch and separate utilities. Did we mention the location? A stone's throw from Porter Square Shopping Center! One T stop to Harvard. Many shops and restaurants are within 2 blocks of the building. The sale of this property includes TWO parcels of land. The lot on which the house is situated contains 2,391 sq. ft. of land and another parcel of land which has been added as an adjacent lot located to the rear side of the house containing 2,464 sq. ft. of land. Property is being sold "as-is".
Last Buyer's Agent
Trista Harris
In REM Real Estate Inc. License #449590399
Property Details
Home Type
- Multi-Family
Year Built
- 1920
Lot Details
- 4,792
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2021
Closed on
Dec 28, 2021
Sold by
Own Tree Llc
Bought by
97 Elm St Llc
Seller's Agent
Nick Lento
Coldwell Banker Realty - Boston
Buyer's Agent
Trista Harris
In REM Real Estate Inc.
Sold Price
$1,800,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,817
Avg. Annual Appreciation
1.27%
Original Mortgage
$1,470,000
Outstanding Balance
$1,349,233
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$545,584
Purchase Details
Listed on
May 3, 2018
Closed on
Jul 9, 2018
Sold by
97 Elm Street Llc
Bought by
Own Tree Llc
Seller's Agent
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Katherine Malin
Compass
List Price
$1,950,000
Sold Price
$1,875,000
Premium/Discount to List
-$75,000
-3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.16%
Original Mortgage
$1,295,000
Interest Rate
4.6%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 97 Elm St Llc | $1,800,000 | None Available | |
| Own Tree Llc | $1,850,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 97 Elm St Llc | $1,470,000 | |
| Previous Owner | Own Tree Llc | $1,295,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/04/2022 01/04/22 | Sold | $1,800,000 | 0.0% | $451 / Sq Ft | |
| 10/23/2021 10/23/21 | Pending | -- | -- | -- | |
| 10/18/2021 10/18/21 | For Sale | -- | -- | -- | |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- | |
| 10/08/2021 10/08/21 | For Sale | -- | -- | -- | |
| 10/08/2021 10/08/21 | Off Market | $1,800,000 | -- | -- | |
| 09/27/2021 09/27/21 | For Sale | $1,949,000 | +3.9% | $489 / Sq Ft | |
| 07/09/2018 07/09/18 | Sold | $1,875,000 | -3.8% | $470 / Sq Ft | View Prior Sale |
| 05/25/2018 05/25/18 | Pending | -- | -- | -- | |
| 05/03/2018 05/03/18 | For Sale | $1,950,000 | -- | $489 / 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 | $21,250 | $1,947,800 | $646,000 | $1,301,800 |
| 2024 | $19,891 | $1,890,800 | $646,000 | $1,244,800 |
| 2023 | $19,404 | $1,876,600 | $646,000 | $1,230,600 |
| 2022 | $18,259 | $1,793,600 | $615,200 | $1,178,400 |
| 2021 | $17,553 | $1,722,600 | $585,900 | $1,136,700 |
| 2020 | $15,785 | $1,564,400 | $563,400 | $1,001,000 |
| 2019 | $13,199 | $1,226,700 | $489,900 | $736,800 |
| 2018 | $11,161 | $986,800 | $445,400 | $541,400 |
| 2017 | $10,902 | $934,200 | $420,200 | $514,000 |
| 2016 | $10,397 | $829,800 | $384,300 | $445,500 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Lento
-
T
Buyer's Agent in 2022
Trista Harris
In REM Real Estate Inc.
-
H
Seller's Agent in 2018
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 666-2121
2 in this area
27 Total Sales
-
Katherine Malin
Buyer's Agent in 2018
Katherine Malin
Compass
(781) 799-5981
1 in this area
44 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72900731
APN: SOME-000030-D000000-000021
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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