97 Prospect St Unit 3 Somerville, MA 02143
Ward Two Neighborhood
3
Beds
3
Baths
1,838
Sq Ft
2014
Built
Highlights
- Wood Flooring
- Intercom
- Forced Air Heating and Cooling System
- Somerville High School Rated A-
- Tankless Water Heater
About This Home
As of May 2024Located between vibrant Inman and Union Squares, Prospect 97 unites contemporary residential luxury with a dynamic urban lifestyle. Built in 2014, this is the FIRST RESALE in this 100% owner occupied building with elevator and garage parking. Tucked into the rear of the building and boasting its own private yard, this immaculate single level condo - with gracious proportions, high ceilings, and oversized windows - is the jewel in the crown that is Prospect 97. The private yard is a hidden retreat lush with greenery, and provides a perfect setting for gathering friends for cookouts and cornhole, or for quietly discovering your inner gardener. Leave your car in the heated garage and enjoy nearby foodie restaurants, craft breweries, artisan butchers and hand-piped doughnuts. Only two blocks to either Inman or Union Squares, and less than a mile from Harvard, Central and Kendall Squares. Best of all, just a stone's throw from the Union Square Green Line Station, now under construction.
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 04/21/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,308
Year Built
- Built in 2014
Lot Details
- Year Round Access
Parking
- 1 Car Garage
Kitchen
- Built-In Oven
- Built-In Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Individual Controls for Heating
- Tankless Water Heater
- Natural Gas Water Heater
Community Details
- Pets Allowed
Listing and Financial Details
- Assessor Parcel Number M:83 B:F L:8 U:3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
Apr 29, 2024
Sold by
Barrett Steven R and Lee Noori
Bought by
Carla Kimball Htge T No 1 and Kimball
Seller's Agent
Currier, Lane & Young
Compass
Buyer's Agent
Hans Nagrath
Compass
List Price
$1,785,000
Sold Price
$1,800,000
Premium/Discount to List
$15,000
0.84%
Total Days on Market
5
Views
29
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
$21,790
Avg. Annual Appreciation
1.15%
Purchase Details
Listed on
Jun 24, 2021
Closed on
Sep 14, 2021
Sold by
Randolph Brett W
Bought by
Barrett Steven R and Lee Noori
Seller's Agent
Laurence Majerus
Coldwell Banker Realty - Cambridge
Buyer's Agent
Currier, Lane & Young
Compass
List Price
$1,689,000
Sold Price
$1,600,000
Premium/Discount to List
-$89,000
-5.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$1,140,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 21, 2020
Closed on
Jun 17, 2020
Sold by
Wright Alexander and Reny Christine
Bought by
Randolph Brett W
Seller's Agent
Lauren Holleran Team
Gibson Sotheby's International Realty
Buyer's Agent
Laurence Majerus
Coldwell Banker Realty - Cambridge
List Price
$1,470,000
Sold Price
$1,676,000
Premium/Discount to List
$206,000
14.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.73%
Purchase Details
Closed on
Apr 17, 2015
Sold by
Art Of Building Llc
Bought by
Reny Christine and Wright Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $1,800,000 | None Available | |
| Condominium Deed | $1,800,000 | None Available | |
| Condominium Deed | $1,600,000 | None Available | |
| Condominium Deed | $1,600,000 | None Available | |
| Condominium Deed | $1,676,000 | None Available | |
| Condominium Deed | $1,676,000 | None Available | |
| Deed | $999,000 | -- | |
| Deed | $999,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,140,000 | Purchase Money Mortgage | |
| Previous Owner | $300,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $50,000 | Purchase Money Mortgage | |
| Previous Owner | $1,300,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $800,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $645,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2024 05/23/24 | Sold | $1,800,000 | 0.0% | $979 / Sq Ft |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- |
| 04/18/2024 04/18/24 | Price Changed | $1,800,000 | +0.8% | $979 / Sq Ft |
| 04/18/2024 04/18/24 | For Sale | $1,785,000 | 0.0% | $971 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/28/2024 03/28/24 | For Sale | $1,785,000 | +11.6% | $971 / Sq Ft |
| 09/14/2021 09/14/21 | Sold | $1,600,000 | -5.3% | $871 / Sq Ft |
| 08/10/2021 08/10/21 | Pending | -- | -- | -- |
| 06/24/2021 06/24/21 | For Sale | $1,689,000 | +0.8% | $919 / Sq Ft |
| 06/24/2020 06/24/20 | Sold | $1,676,000 | +14.0% | $912 / Sq Ft |
| 04/26/2020 04/26/20 | Pending | -- | -- | -- |
| 04/21/2020 04/21/20 | For Sale | $1,470,000 | -- | $800 / 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 | $17,308 | $1,586,400 | $0 | $1,586,400 |
| 2024 | $16,864 | $1,603,000 | $0 | $1,603,000 |
| 2023 | $16,606 | $1,606,000 | $0 | $1,606,000 |
| 2022 | $15,616 | $1,534,000 | $0 | $1,534,000 |
| 2021 | $12,191 | $1,196,400 | $0 | $1,196,400 |
| 2020 | $11,961 | $1,185,400 | $0 | $1,185,400 |
| 2019 | $11,566 | $1,074,900 | $0 | $1,074,900 |
| 2018 | $11,553 | $1,021,500 | $0 | $1,021,500 |
| 2017 | $11,641 | $997,500 | $0 | $997,500 |
| 2016 | $11,501 | $917,900 | $0 | $917,900 |
Source: Public Records
Agents Affiliated with this Home
-
Currier, Lane & Young
Seller's Agent in 2024
Currier, Lane & Young
Compass
(617) 871-9190
21 in this area
522 Total Sales
-
Hans Nagrath
Buyer's Agent in 2024
Hans Nagrath
Compass
(646) 577-1294
4 in this area
147 Total Sales
-
Laurence Majerus
Seller's Agent in 2021
Laurence Majerus
Coldwell Banker Realty - Cambridge
(773) 800-0404
2 in this area
3 Total Sales
-
Lauren Holleran Team
L
Seller's Agent in 2020
Lauren Holleran Team
Gibson Sothebys International Realty
(617) 913-2203
17 in this area
313 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72646277
APN: SOME-000083-F000000-000008-000003
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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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