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112 Sycamore St # 2, Somerville MA 02145

Somerville, MA 02145
$415,000
Est. $2,793/month
1
Beds
1
Baths
658
Sq Ft
$631
Price/Sq Ft
1973
Year Built
37
Days on Market
Closed Listed Mar 18, 2024 • MLS# 73213279 Copied!

About this home

PERFECT FOR INVESTORS/FIRST TIME HOME BUYERS! Sunny Somerville 1 bedroom corner condominium conveniently located just minutes from 28 and interstate 93 in a beautiful neighborhood, prime location just west of the Winter Hill area. This open concept condo consist of huge living/dining area, good size bedroom, modern kitchen with granite counter tops & dishwasher. The unit has gleaming hardwood flooring, in wall AC, laundry on the same floor, 1 parking space (#3) in rear of the building, and a extra storage space (#2). A commuters dream, conveniently located on two bus lines that will take you to Davis Sq Red Line, Sullivan Sq Orange Line or Lechmere Green Line, only minutes away from the MBTA, blocks away from the new green line ext and a short distance to Gilman Square. Current tenant pay $2200 a month and lease ends 5/31/24. Home will be delivered vacant after lease end. Owner can close sooner.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1973
Bedrooms
1
Full Bathrooms
1
Living Area
658 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $425,000
Final Sale Price: $415,000
Difference: $10,000 (-2.4%)
Performance Metrics
97.6%
List to Sale Ratio
Sold below asking price
37
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $646
Sale $/sq ft: $631
This property sold for $631 per square foot
Sale Summary

This property sold for 2.4% below the original asking price.

The property spent 37 days on market before selling.

Nearby Sales Comparison

Based on 22 similar properties sold within 0.5 miles in the last 90 days

This Property
$631/sq ft
Area Average
$557/sq ft
Difference
+13.3%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1973
Living Area 658 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer
Fireplace None
Basement N
Laundry Common Area
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,158
Assessed Value $300,200

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
Interior Features:
Windows:
Basement: N
Laundry: Common Area
Security: Intercom

Construction & Materials

Year Built: 1973
Structure Type: Low-Rise
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

112 Sycamore St # 2, Somerville MA 02145

Somerville, MA 02145

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 $263
Homeowners Insurance $200
HOA Fee $232/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

39
Total Days on Market

Property Timeline

Sold
Jun 5, 2024
$415,000
Property sold
Days on Market: 39
🏠
Listed for Sale
Mar 18, 2024
$415,000
Original listing
Agent: Luxe Home Team Office: RE/MAX Real Estate Center

Price & Status History

Date Event Price Change
Mar 18, 2024 New Listing Added $415,000

Market Statistics

Days on Market
37 days
Price per Sq Ft
$631

Tax History

Year Taxes Assessment
2024 $3,158 $300,200

Financial Details

Annual Property Tax
$3,158
Tax Year 2024
HOA Fee
$232
Monthly
Assessed Value
$300,200

Listing Information

Listing Agent Luxe Home Team
Listing Office RE/MAX Real Estate Center
Agent MLS ID TM355985
Office MLS ID AN8327
Listing Data Updated Jun 5, 2024 8:07 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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