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12 Fairmount Avenue # 2, Somerville MA 02144

Somerville, MA 02144 • Teele Square
$1,079,000
Est. $6,591/month
3
Beds
1.5
Baths
1,825
Sq Ft
$591
Price/Sq Ft
0.10
Acres
1900
Year Built
22
Days on Market
Closed Listed Apr 30, 2024 • MLS# 73230453 Copied!

About this home

Welcoming, ergonomic & updated condo in the heart of a quiet street, just a block from vibrant Teele Square. This bright and sunny condo spans the 2nd & 3rd floors of a well-maintained house & boasts a renovated interior & exterior. Downstairs there is a newer kitchen with storage space galore & island. Enjoy seamless flow between dining, living, & family rooms all kept comfortable with central cooling & a newer boiler. Refreshed half bath, too. Upstairs, there is a renovated full bath & laundry room along with three generous-sized bedrooms. Relax on the back porch off the kitchen or entertain on the artificial turf yard which is shared with your downstairs neighbor. A detached garage parking spot is wired for car charger. Asphalt roof is well-maintained & vinyl siding should provide long-lasting durability. Super sweet tree-lined street & urban access gives you the best of both worlds. A little over 1/2 mile to the Red Line in bustling Davis Square. Open houses all weekend.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,825 sq ft
Total Rooms
7
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $1,124,000
Final Sale Price: $1,079,000
Difference: $45,000 (-4.0%)
Performance Metrics
96.0%
List to Sale Ratio
Sold below asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $616
Sale $/sq ft: $591
This property sold for $591 per square foot
Sale Summary

This property sold for 4.0% below the original asking price.

With only 22 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$591/sq ft
Area Average
$381/sq ft
Difference
+55.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,825 sq ft
Lot Size 0.10 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Vinyl, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Basement N
Laundry Flooring - Hardwood, Electric Dryer Hookup, Remodeled, Washer Hookup, Third Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Assigned, Off Street, Driveway, Paved
Total Spaces 1

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer

Financial

Annual Tax $8,511
Assessed Value $823,100

Interior Features

Flooring: Tile, Vinyl, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Flooring - Hardwood, Electric Dryer Hookup, Remodeled, Washer Hookup, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2015
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Detached, Assigned, Off Street, Driveway, Paved

Location

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Neighborhood

Teele Square

12 Fairmount Avenue # 2, Somerville MA 02144

Somerville, MA 02144

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $709
Homeowners Insurance $200
HOA Fee $226/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.7%
Price Range
23
Total Days on Market

Property Timeline

Sold
Jun 28, 2024
$1,079,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Apr 30, 2024
$1,098,000
Original listing
Agent: Chris Vietor Homes Office: eXp Realty

Price & Status History

Date Event Price Change
Apr 30, 2024 New Listing Added $1,098,000

Market Statistics

Days on Market
22 days
Price per Sq Ft
$591

Tax History

Year Taxes Assessment
2023 $8,511 $823,100

Financial Details

Annual Property Tax
$8,511
Tax Year 2023
HOA Fee
$226
Monthly
Assessed Value
$823,100

Listing Information

Listing Agent Chris Vietor Homes
Listing Office eXp Realty
Agent MLS ID TM333072
Office MLS ID AN7038
Listing Data Updated Jun 28, 2024 3:37 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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