NOT LISTED FOR SALE

97 Prospect St Unit 1 Somerville, MA 02143

Estimated Value: $943,000 - $1,084,000

2 Beds
2 Baths
1,028 Sq Ft
$288/mo HOA Fee

Last Sold June 14, 2021

Last sale price $900,000 $875 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,496/month

7 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • Forced Air Heating and Cooling System
  • Somerville High School Rated A-

About This Home

As of June 2021

A 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

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 04/21/2021

Keller Williams Realty Boston Northwest

Co-Listed By

Carlos Ramirez

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Jessica (Lin) Wu

JW Real Estate Services, LLC

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,585

Year Built

Built in 2014

Lot Details

0

HOA Fees

$288 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 826.75
  • Comp Based On: Net Sale Price
  • Year Built: 2014
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2014

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 5
  • Laundry Features: In Unit
  • No Living Levels: 1
  • Main Lo: BB5474
  • Main So: AN4158
  • Estimated Sq Ft: 1028.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Wood, Fiber Cement Siding

Garage/Parking

  • Garage Parking: Attached, Under, Garage Door Opener, Heated
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas, Hydro Air
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station
  • HOA Fees: 287.93
  • Association Fee Includes: Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Lot Info

  • Assessments: 721900.00
  • Page: 547
  • Parcel Number: M:83 B:F L:8 U:1
  • Zoning: 000000

Green Features

  • Energy Features: Prog. Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 7356.00
  • Assessor Parcel Number: 4936388
  • Tax Year: 2021

Multi Family

  • No Units: 7

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%
Current Estimated Value
$1,008,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,337
Avg. Annual Appreciation
2.75%
Original Mortgage
$720,000
Outstanding Balance
$654,703
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$353,634

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
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
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

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 $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

    522 Total Sales

    Hudson Santana
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Carlos Ramirez

    Keller Williams Realty Boston Northwest

    (517) 803-5239

    48 Total Sales

    Carlos Ramirez
    Section Image
  • Jessica (Lin) Wu

    Buyer's Agent in 2021

    Jessica (Lin) Wu

    JW Real Estate Services, LLC

    (508) 615-1207

    138 Total Sales

    Jessica (Lin) Wu
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72818899

MLS Property Information Network (MLS PIN)

APN: SOME-000083-F000000-000008-000001

Massachusetts Middlesex County Somerville 02143

97 Prospect St Unit 1, Somerville, MA

This home is located at 97 Prospect St Unit 1, Somerville, MA 02143 since 21 April 2021 and is currently estimated at $1,008,337, approximately $980 per square foot. This property was built in 2014. 97 Prospect St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Charter School.

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.

MLS Property Information Network (MLS PIN) 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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