Seller's Agent in 2023
Currier, Lane & Young
Compass
(617) 871-9190
2 in this area
517 Total Sales
197 Washington St Unit 310 Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,003,129 - $1,029,000
2
Beds
2
Baths
1,183
Sq Ft
$616/mo
HOA Fee
Highlights
- Fitness Center
- City View
- Property is near public transit
- Somerville High School Rated A-
- Clubhouse
- 3-minute walk to Senator Corbett Playground
About This Home
As of May 2023Rarely available Southwest upper corner unit, one of the most desirable residences in the building. All-day sun exposures with floor-to-ceiling windows. Modern 2BR 2BA condo built in 2016 in the heart of Union Square. Sunny kitchen with long countertops, an island & large pantry. Dining area is anchored by a stunning corner glass window with sunset views. The 2 bedrooms sit on opposite corners, and both feature en-suite bathrooms and large closets. One bath has large walk-in shower, the other a soaking tub. The oversized foyer has a generous mud-room closet plus in-unit laundry with elbow room. Amenities include elevator, one covered parking space, a modern gym and skyline views from the roof deck & rooftop lounge. In the heart of booming Union Square. Offers due Tues at noon.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,934
Year Built
- Built in 2016
HOA Fees
- $616 Monthly HOA Fees
Parking
- 1 Car Garage
- Carport
- Open Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Rubber Roof
Interior Spaces
- 1,183 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Wood Flooring
- City Views
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on third floor
- 2 Full Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
- Intercom
- Door Monitored By TV
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
Additional Features
- Level Entry For Accessibility
- Energy-Efficient Thermostat
Listing and Financial Details
- Assessor Parcel Number 4997668
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 30 Units
- Low-Rise Condominium
Amenities
- Community Garden
- Common Area
- Shops
- Clubhouse
- Elevator
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2023
Closed on
May 18, 2023
Sold by
Mazumder Rahul and Mazumder Lisa
Bought by
Tam Hannah
Seller's Agent
Currier, Lane & Young
Compass
Buyer's Agent
Frank Celeste
Gibson Sotheby's International Realty
List Price
$975,000
Sold Price
$980,000
Premium/Discount to List
$5,000
0.51%
Total Days on Market
19
Views
42
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
$38,282
Avg. Annual Appreciation
3.19%
Original Mortgage
$726,000
Outstanding Balance
$711,600
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,027
Purchase Details
Listed on
Feb 17, 2016
Closed on
May 26, 2016
Sold by
197 Washington Street
Bought by
Mazumber Rahul and Mazumber Lisa
Seller's Agent
Michael Moynihan
TCC / St. Regis Residences
Buyer's Agent
Chris Young
Compass
List Price
$735,000
Sold Price
$735,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$485,000
Interest Rate
3%
Mortgage Type
Commercial
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tam Hannah | $980,000 | None Available | |
| Mazumber Rahul | $735,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tam Hannah | $726,000 | |
| Previous Owner | Mazumber Rahul | $485,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2023 05/18/23 | Sold | $980,000 | +0.5% | $828 / Sq Ft |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 03/30/2023 03/30/23 | For Sale | $975,000 | +32.7% | $824 / Sq Ft |
| 05/26/2016 05/26/16 | Sold | $735,000 | 0.0% | $621 / Sq Ft |
| 03/04/2016 03/04/16 | Pending | -- | -- | -- |
| 02/17/2016 02/17/16 | For Sale | $735,000 | -- | $621 / 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 |
|---|---|---|---|---|
| 2024 | $9,047 | $860,000 | $0 | $860,000 |
| 2023 | $8,817 | $852,700 | $0 | $852,700 |
| 2022 | $8,290 | $814,300 | $0 | $814,300 |
| 2021 | $8,120 | $796,900 | $0 | $796,900 |
| 2020 | $8,048 | $797,600 | $0 | $797,600 |
| 2019 | $8,738 | $812,100 | $0 | $812,100 |
| 2018 | $7,762 | $686,300 | $0 | $686,300 |
Source: Public Records
Agents Affiliated with this Home
-
Currier, Lane & Young
-
Chris Young
C
Seller Co-Listing Agent in 2023
Chris Young
Compass
(617) 593-3166
1 in this area
19 Total Sales
-
Frank Celeste
Buyer's Agent in 2023
Frank Celeste
Gibson Sothebys International Realty
(617) 872-3227
1 in this area
493 Total Sales
-
Michael Moynihan
Seller's Agent in 2016
Michael Moynihan
TCC / St. Regis Residences
(617) 966-1660
91 Total Sales
Map
Similar Homes in the area
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73093023
APN: SOME-81 A 12 310
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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