97 Prospect St Unit 1 Somerville, MA 02143
Ward Two NeighborhoodEstimated Value: $920,000 - $1,069,000
2
Beds
2
Baths
1,028
Sq Ft
$288/mo
HOA Fee
Highlights
- Wood Flooring
- Tankless Water Heater
- Forced Air Heating and Cooling System
- Somerville High School Rated A-
About This Home
As of June 2021A show stopper!! Built to last, this 2014 new construction building has a modern appeal with a balance of contemporary style and classic materials. This bright and sunny first floor unit features 2 bedrooms and 2 bathrooms. Modern kitchen with JennAir steel appliances, black counter tops and white cabinetry. Each bedroom is generously sized with ample closet space. Large windows and Juliet balcony lets in plenty of sunlight. An elevator runs to the heated garage parking space, indoor bike rack and private storage. In-unit laundry, a NEST programmable thermostat and intercom round off this offering. Great Location! Nestled on the Cambridge/Somerville line, between Union and Inman Squares, a very short distance to the new Green Line Extension stop in Union Sq and less than a mile from Harvard, Central and Kendall Squares. Filled with great shops, restaurants and convenient access to all destinations. Come make this your new home!
Last Agent to Sell the Property
Keller Williams Realty Boston Northwest Listed on: 04/21/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,585
Year Built
- Built in 2014
HOA Fees
- $288 per month
Parking
- 1 Car Garage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood Flooring
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Hydro-Air Heating System
- Tankless Water Heater
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:83 B:F L:8 U:1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2021
Closed on
Jun 14, 2021
Sold by
Cheng James W
Bought by
Wang Bo
Seller's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
Buyer's Agent
Jessica (Lin) Wu
JW Real Estate Services, LLC
List Price
$849,900
Sold Price
$900,000
Premium/Discount to List
$50,100
5.89%
Total Days on Market
7
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
$96,009
Avg. Annual Appreciation
2.57%
Original Mortgage
$720,000
Outstanding Balance
$657,522
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$338,487
Purchase Details
Closed on
Dec 29, 2014
Sold by
Art Of Building Llc
Bought by
Cheng James W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
4%
Mortgage Type
New Conventional
Similar Homes in the area
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 |
|---|---|---|---|
| Wang Bo | $900,000 | None Available | |
| Cheng James W | $599,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Bo | $720,000 | |
| Previous Owner | Cheng James W | $250,000 | |
| Previous Owner | Cheng James W | $359,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2021 06/14/21 | Sold | $900,000 | +5.9% | $875 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 04/21/2021 04/21/21 | For Sale | $849,900 | -- | $827 / 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 | $8,585 | $786,900 | $0 | $786,900 |
| 2024 | $8,363 | $795,000 | $0 | $795,000 |
| 2023 | $8,234 | $796,300 | $0 | $796,300 |
| 2022 | $7,743 | $760,600 | $0 | $760,600 |
| 2021 | $7,356 | $721,900 | $0 | $721,900 |
| 2020 | $7,216 | $715,200 | $0 | $715,200 |
| 2019 | $6,977 | $648,400 | $0 | $648,400 |
| 2018 | $6,525 | $576,900 | $0 | $576,900 |
| 2017 | $6,564 | $562,500 | $0 | $562,500 |
| 2016 | $6,638 | $529,800 | $0 | $529,800 |
Source: Public Records
Agents Affiliated with this Home
-
Hudson Santana
Seller's Agent in 2021
Hudson Santana
Keller Williams Realty Boston Northwest
(617) 272-0842
24 in this area
550 Total Sales
-
Carlos Ramirez
C
Seller Co-Listing Agent in 2021
Carlos Ramirez
Keller Williams Realty Boston Northwest
(517) 803-5239
3 in this area
47 Total Sales
-
Jessica (Lin) Wu
Buyer's Agent in 2021
Jessica (Lin) Wu
JW Real Estate Services, LLC
(508) 615-1207
2 in this area
139 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72818899
APN: SOME-000083-F000000-000008-000001
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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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