369 Medford St CMA

Page 1

Prepared exclusively for: Quinner 369 Medford St Somerville, MA 02145

Date: July 8, 2021

Prepared by: Carmelo Bari Engel & Voelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


July 08, 2021

Dear Quinner, I appreciate the opportunity to share my business plan with you. In order to inform you about the current happenings in today's market, I have prepared this comparative market analysis (CMA) especially for you. There are many properties on the market today, and each has different amenities, sizes, and values. By reviewing this CMA, you will have the information needed to price your home in the appropriate range in today's market. In today's market it is especially important to price your home right from the beginning and to get it "show ready". There are many homes available in all price ranges, but the homes that are priced right and show well are the ones that bring in qualified buyers. Part of this package includes a detailed copy of my personal marketing plan. We will certainly go over this in detail so that you feel comfortable to entrust your home sale to me. I am sure that once you review the plan, you will feel very satisfied with me marketing your home. My goal is to help you sell your home quickly and at a fair market value. I look forward to working with you on the sale of your home.

Sincerely, Carmelo Bari

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


Global marketing support

Fully dedicated team of experts Engel & Völkers manages a global marketing

Engel & Völkers marketing strategies and offerings

infrastructure out of our corporate headquarters

are rooted in data and research for optimal results

in Hamburg, Germany that supports our shops

--- at every level. By identifying the unique qualities of

and advisors worldwide. This support adds to the

a property and placing it in the context of current and

targeted marketing strategies delivered by our

trending market conditions, we then identify target

Americas headquarters in Manhattan to support the

market groups and create campaigns to provide

local markets served by our Engel & Völkers advisors.

maximum exposure of the property alongside

Each local shop then leverages the brands national

messaging and branding to attract the most qualified

and international resources and reach through its

buyers. Our creative approach is also backed by

dedicated marketing specialist who works with

consumer data and testing to ensure we highlight

each advisor to create customized, multi- channel

your property in the best light.

campaigns for each property we market.


GG magazine

Showcasing the Engel & Völkers lifestyle Engel & Völkers’ GG magazine is a high-end, glossy publication that offers our clients a way to stay informed on the latest news and trends in the world of luxury living. Published seasonally in six languages, GG explores culture, art, design, and architecture as well as profiles of innovators, artists, and celebrities, and the incredible homes in which they live. GG is also the premium magazine in which we feature luxury properties represented by Engel & Völkers, such as yours. As part of GG, your property can be delivered directly to Engel & Völkers’ top clients, distributed through our global network of attractive markets, and made available on newsstands throughout Europe. GG celebrates life and culture, and continues to be the centerpiece of our marketing efforts and the anchor for our growing brand influence.


Smart marketing. Extensive exposure.

Giving you the EDGE. Global reach with boutique style is what you can expect when working with an Engel & Völkers advisor here and around the world. Providing unprecedented reach of your property, Engel & Völkers offers the exclusive EDGE (Extensive Domestic & Global Exposure) platform designed to maximize online exposure of your listing to qualified buyers worldwide via a suite of highly trusted and strategic online and mobile marketing partners. But we don’t stop there. With a global network of more than 14,000 real estate professionals in more than 30 countries, we not only reach millions of consumers, but are able to collaborate with our fellow Engel & Völkers advisors to strategically handpick and refer buyers for the specific properties they seek … like yours. Let us provide the EDGE you need to sell your home and begin your next adventure.


Planning a successful in-home event

Letting your home tell the story Careful

planning,

preparation,

and

a

deep

understanding of your property are the three key elements that contribute to a successful home showing or open house. From strategic scheduling and professional staging to the creative approach of hosting an in-home event, seasoned Engel & Völkers advisors consider these necessary elements to best showcase your property. Our list of contacts include professional services for light repairs, landscaping, and staging. We work with you to identify the most convenient dates and times for showings and promote them accordingly to achieve the greatest results and work with your schedule. After the showing, we will collect valuable feedback and information from those who have attended to enhance our marketing efforts from then on.

Proven measures for ensuring a successful showing: ■ Talking points to elaborate on the home’s best

features ■ Depersonalizing interior design where

appropriate ■ Minimizing clutter ■ Ideal scheduling ■ Light repairs and landscaping to enhance curb

appeal


Contact Me

Carmelo Bari Engel & Voelkers Boston

46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

A = ACTIVE

BEDS

BATHS

SQFT

PRICE

369 Medfor Medford d St

1

1.50

703

-

1

Subject

2

72712204

S

24 Rush Street D

1

1.0/0

724

$515,000

3

72805436

S

24 Rush Street C

1

1.0/1.0

799

$560,000

4

72723024

S

25 Prescott St 2

1

1.0/0

890

$575,000

5

72734843

S

23 Lake Street 3

1

1.0/0

942

$582,500

6

72711081

S

519 Broadway 302

1

1.0/0

857

$635,000

7

72763235

S

24 Dane Ave 3

1

2.0/0

890

$705,000

8

72858630

A

27 Prescott St 1

1

1.0/0

925

$599,000

9

72841992

A

40 Highland Avenue 5

1

1.0/0

675

$525,000

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

24 Rush Street D

1/27/21

1

1.0/0

724

$515,000

$711

24 Rush Street C

6/9/21

1

1.0/1.0

799

$560,000

$701

25 Prescott St 2

3/31/21

1

1.0/0

890

$575,000

$646

23 Lake Street 3

1/25/21

1

1.0/0

942

$582,500

$618

519 Broadway 302

3/19/21

1

1.0/0

857

$635,000

$741

24 Dane Ave 3

4/26/21

1

2.0/0

890

$705,000

$792

850

$595,417

$702

Averages

A

ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

27 Prescott St 1

-

1

1.0/0

925

$599,000

$648

40 Highland Avenue 5

-

1

1.0/0

675

$525,000

$778

800

$562,000

$713

Averages

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


24 Rush Street D $515,000 CLOSED

MLS #72712204

Somerville, MA 02145

1 Bed 1.0/0 Baths Year Built 2020

1/27/21

724 Sq. Ft. ($711 / sqft) Days on market: 2

Details Pr Prop op T Type: ype: Condominium

Lot Size:

Of Off-market f-market date: 8/21/20

List Price: $515,000

County: Middlesex

List date: 8/19/20

Orig list price: $515,000

Full baths: 1.0

Sold date: 1/27/21

Updated: Jan 27, 2021 4:27 PM

Stories T Total: otal: 1

Entr Entryy Level: 1

Rooms T Total: otal: 3

Building Ar Area ea Units: Square Feet

Heating: Central

Security Featur Features: es: Intercom

Number Of Units T Total: otal: 10

Sewer: Public Sewer

Construction Materials: Frame

Parking Featur Features: es: On Street

Water Sour Source: ce: Public

Assoc Fee: $215

Features Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds

Cooling: Central Air

Pets Allowed: Breed Restrictions

Curr Current ent Financing: Other

Remarks A distinct collection of 10 newly constructed homes inspired by Somervilles diverse architecture and charm, offering boutique condo living at its finest. This corner home offers approx. 724sf of contemporary living with a beautiful kitchen boasting top-of-the-line stainless steel appliances, polished stone countertops, geometric backsplash and custom cabinets; 1 bedroom, a sleek spa-like bathroom w/ a crisp white tiled shower and floating vanity, ample closet space,

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


hardwood floors throughout, washer/dryer closet and low condo fee. In an exciting location, around the corner from the vibrant Broadway corridor, Assembly Row, minutes from public transportation and the highly anticipated Green Line Extension.

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


24 Rush Street D $515,000 CLOSED

MLS #72712204

Somerville, MA 02145

1 Bed 1.0/0 Baths Year Built 2020

1/27/21

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

724 Sq. Ft. ($711 / sqft) Days on market: 2


24 Rush Street C $560,000 CLOSED

MLS #72805436

Somerville, MA 02145

6/9/21

1 Bed 1.0/1.0 Baths

799 Sq. Ft. ($701 / sqft)

Year Built 2020

Days on market: 35

Details Pr Prop op T Type: ype: Condominium

Lot Size:

County: Middlesex

List date: 3/29/21

Updated: Jun 9, 2021 1:21 PM

Full baths: 1.0

Sold date: 6/9/21

List Price: $585,000

Half baths: 1.0

Of Off-market f-market date: 5/12/21

Orig list price: $585,000

Stories T Total: otal: 2

Heating: Central

Building Ar Area ea Units: Square Feet

Number Of Units T Total: otal: 10

Cooling: Central Air

Rooms T Total: otal: 3

Curr Current ent Financing: Other

Sewer: Public Sewer

Assoc Fee: $242 Taxes: $99,999,999

Features Association Fee Fr Frequency: equency: Monthly Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds

Water Sour Source: ce: Public

Parking Featur Features: es: On Street

Entr Entryy Level: 1

Remarks Newly completed and ready for occupancy. This exciting location, around the corner from the vibrant Broadway Corridor and Assembly Row, now hosts a collection of 10 new construction homes inspired by Somervilles diverse architecture and charm. Offering boutique condo living at its finest, this 1 bedroom corner duplex home offers approx. 799sf of

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


contemporary living with a beautiful kitchen boasting top-of-the-line appliances, polished stone countertops, geometric backsplash and custom cabinetry, a sleek spa-like bathroom w/ a crisp white tiled shower and double floating vanity, a convenient powder room, ample closet space, hardwood floors throughout, washer/dryer closet and low condo fee. Near to the Sullivan Square Orange Line, the highly anticipated Green Line Extension and access to the highway system.

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


24 Rush Street C $560,000 CLOSED

MLS #72805436

Somerville, MA 02145

6/9/21

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

1 Bed 1.0/1.0 Baths

799 Sq. Ft. ($701 / sqft)

Year Built 2020

Days on market: 35


25 Prescott St 2 $575,000 CLOSED

MLS #72723024

Somerville, MA 02143

1 Bed 1.0/0 Baths Year Built 1900

3/31/21

890 Sq. Ft. ($646 / sqft) Days on market: 153

Details Pr Prop op T Type: ype: Condominium

Lot Size:

County: Middlesex

List date: 9/9/20

Updated: Apr 1, 2021 8:57 AM

Assoc Fee: $372

Ar Area: ea: Union Square

Sold date: 3/31/21

List Price: $589,000

Full baths: 1.0

Of Off-market f-market date: 2/19/21

Orig list price: $599,000

Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer/Dryer, Gas Water Heater

Building Ar Area ea Units: Square Feet

Heating: Electric Baseboard, Steam, Natural Gas

Building Name: 21-27 Prescott Street Condominium

Disclosur Disclosures: es: Seller Does Not Want To Review Offers With Escalation Clauses. New Washer/Dryer Unit Oct 2020.

Accessibility Featur Features: es: No

Common W Walls: alls: 2+ Common Walls

Electric: Circuit Breakers, 100 Amp Service

Laundr Laundryy Featur Features: es: Second Floor, In Unit

Community Featur Features: es: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station, University

Entr Entryy Level: 2

Number Of Units T Total: otal: 12

Exclusions: Kitchen Island Is Negotiable.

Pets Allowed: Yes

Taxes: $5,102

Features

Association Fee Fr Frequency: equency: Monthly Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash Stories T Total: otal: 1

Cooling: None Curr Current ent Financing: Withheld

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

Fencing: Fenced Flooring: Wood, Tile, Flooring - Wood

Interior Featur Features: es: Open Floorplan, Archway, Study

Roof: Tar/Gravel, Rubber Rooms T Total: otal: 4 Sewer: Public Sewer Water Sour Source: ce: Public


Window Featur Features: es: Window(s) - Picture

Remarks Looking for something out of the ordinary? Prescott St. is a visual treat -an eclectic mix of original features, open floor plan, a bedrm arch, and an updated kitchen with a walk-in pantry any home chef would desire. The unit opens into the living room with a coat closet to the left and dining area in front leading past the bathroom to the kitchen. The kitchen was updated 4 years ago, equipped with new appliances and cabinetry. At the front of the unit is an L shaped bedroom with a curtained closet and a comfortable office area separated by an arched opening. There are windows all along the office and bedroom bringing in lots of natural light. The bathroom has a walk-in shower and is tiled using recycled glass and slate. Prescott St. is just a mile from the upcoming Union Sq. GLX stop. Walk to shops and nightlife in Union, Porter, Inman, and Harvard Sqs. Easy commute by foot, bike, or public transit to Harvard, MIT, and Tufts Universities. Quick access to highwys and Logan airport.

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


25 Prescott St 2 $575,000 CLOSED

MLS #72723024

Somerville, MA 02143

1 Bed 1.0/0 Baths Year Built 1900

3/31/21

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

890 Sq. Ft. ($646 / sqft) Days on market: 153


23 Lake Street 3 $582,500 CLOSED

MLS #72734843

Somerville, MA 02143

1/25/21

1 Bed 1.0/0 Baths

942 Sq. Ft. ($618 / sqft)

Year Built 1890

Days on market: 71

Details Pr Prop op T Type: ype: Condominium

Full baths: 1.0

Of Off-market f-market date: 12/22/20

Assoc Fee: $383

County: Middlesex

Lot Size:

Taxes: $6,193

Ar Area: ea: Union Square

List date: 9/30/20

Updated: Jan 25, 2021 4:32 PM

Style: ["Other (See Remarks)"]

Sold date: 1/25/21

List Price: $595,000 Orig list price: $595,000

Features Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer Association Fee Fr Frequency: equency: Monthly Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Stories T Total: otal: 2 Building Ar Area ea Units: Square Feet Building Name: The Samuel E. Sewall House Condomium Community Featur Features: es: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

Construction Materials: Frame Cooling: Central Air, Unit Control Curr Current ent Financing: Conv. Fixed

Disclosur Disclosures: es: Roof Rights: Units 23-3 & 25-3 Have The Right To Jointly Build & Use A Roof Deck Covering Their Respective Half Of The Flat Rubber Roof Over Their Units. Please Review Master Deed For Further Details. Electric: Circuit Breakers Entr Entryy Level: 3 Entr Entryy Location: Unit Placement(Upper) Fir Fireplaces eplaces T Total: otal: 1


Flooring: Wood, Laminate Gr Green een Energy Ef Efficient: ficient: Thermostat Heating: Forced Air, Natural Gas, Unit Control

Laundr Laundryy Featur Features: es: First Floor, In Unit, Washer Hookup

Parking T Total: otal: 1.0

Security Featur Features: es: Intercom

Pets Allowed: Breed Restrictions

Sewer: Public Sewer

Number Of Units T Total: otal: 6 Other Equipment: Intercom

Roof: Rubber

Parking Featur Features: es: Off Street, Deeded, Stone/Gravel

Rooms T Total: otal: 2

Utilities: for Gas Range, for Electric Dryer, Washer Hookup Water Sour Source: ce: Public

Remarks In the heart of vibrant Union Square, a sophisticated one bedroom penthouse condo in a converted Victorian. Up a flight of private in-unit stairs, you enter a generous, loft-like space with cathedral ceilings, skylights, incredible light. An open plan living room, dining room & kitchen and a separate bedroom. The kitchen features solid cherry cabinets, granite counters & newer appliances (2018). The recently updated bath is stylish & handsome. Beautiful hardwood floors throughout, a gas fireplace & an in-unit laundry with a Bosch energy efficient washer/dryer. Walk-in closets. Central air. Parking. A private storage room in the basement & roof rights complete the package. Right in bustling Union Square with an incredible array of wonderful dining options, the unique Bow Market, a farmers market, live music, Capones and The Reliable Market. A commuter's dream: GLX completion Dec. 2021. Easy access to Rtes. 93 & 28. Buses to Harvard, Porter, Kendall, Central, Sulivan Sqs. & Boston.

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


23 Lake Street 3 $582,500 CLOSED

MLS #72734843

Somerville, MA 02143

1/25/21

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

1 Bed 1.0/0 Baths

942 Sq. Ft. ($618 / sqft)

Year Built 1890

Days on market: 71


519 Broadway 302 $635,000 CLOSED

MLS #72711081

Somerville, MA 02145

3/19/21

1 Bed 1.0/0 Baths

857 Sq. Ft. ($741 / sqft)

Year Built 2020

Days on market: 14

Details Pr Prop op T Type: ype: Condominium

Lot Size:

Of Off-market f-market date: 8/31/20

Orig list price: $635,000

County: Middlesex

Garages: 2

Taxes: $8,477

Ar Area: ea: Magoun Square

List date: 8/17/20

Updated: Apr 6, 2021 1:10 PM

Full baths: 1.0

Sold date: 3/19/21

List Price: $635,000

Association Fee Includes: Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Community Featur Features: es: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, TStation, University

Features Appliances: Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven - ENERGY STAR, Gas Water Heater Association Amenities: Elevator(s), Fitness Center Association Fee Fr Frequency: equency: Monthly

Stories T Total: otal: 5 Building Ar Area ea Units: Square Feet Building Name: 519 On Broadway

Construction Materials: Frame

Disclosur Disclosures: es: Please Observe Covid-19 Guidelines And Wear Masks, Gloves, And Overlapping Visits Are Not Allowed. Electric: 100 Amp Service Entr Entryy Level: 3 Flooring: Wood, Tile

Cooling: Central Air

Heating: Central

Cover Covered ed Spaces: 2.0

Laundr Laundryy Featur Features: es: In Unit

Curr Current ent Financing: FHA

Number Of Units T Total: otal: 55 Other Equipment: Intercom

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


Parking Featur Features: es: Under, Assigned Patio And Por Porch ch Featur Features: es: Deck

Pets Allowed: Yes Roof: Rubber

Security Featur Features: es: Intercom, Security System

Rooms T Total: otal: 3

Sewer: Public Sewer

Water Sour Source: ce: Public Window Featur Features: es: Insulated Windows

Remarks Offering private showings, virtual showings coming soon ..519 on Broadway is a new residential building that combines the elegance and glamour of city living interpreted in a modern contemporary design in the suburbs. Situated across from the charming and historic Trum Field, Somervilles newest building offers five full floors of sophisticated amenities that enrich a social and active lifestyle. The residences feature balconies with thrilling, panoramic views that maximize the sense of space and bring the citys architecture, Penthouse units offer private outdoor living decks. All units have access to the rooftop Skyview Observation Deck with community kitchen which provides front row seats to dramatic Boston cityscape views and inspiring sunrises and sunsets. The building also boasts a gym, work share space, storage lockers, screening room and indoor parking for two cars.

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


519 Broadway 302 $635,000 CLOSED

MLS #72711081

Somerville, MA 02145

3/19/21

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

1 Bed 1.0/0 Baths

857 Sq. Ft. ($741 / sqft)

Year Built 2020

Days on market: 14


24 Dane Ave 3 $705,000 CLOSED

MLS #72763235

Somerville, MA 02143

4/26/21

1 Bed 2.0/0 Baths

890 Sq. Ft. ($792 / sqft)

Year Built 2020

Days on market: 65

Details Pr Prop op T Type: ype: Condominium

Lot Size: 3,049

County: Middlesex

List date: 12/2/20

Updated: Apr 27, 2021 7:32 AM

Full baths: 2.0

Sold date: 4/26/21

List Price: $705,000

Acr Acres: es: 0.07

Of Off-market f-market date: 3/8/21

Orig list price: $699,000

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Tank Water Heaterless, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer

Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Reserve Funds

Construction Materials: Frame

Accessibility Featur Features: es: No

Building Name: Pullman On Dane

Assoc Fee: $175 Taxes: $9,459

Features

Association Fee Fr Frequency: equency: Monthly

Stories T Total: otal: 1 Building Ar Area ea Units: Square Feet

Community Featur Features: es: Public Transportation, Shopping, Park, Highway Access, TStation

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

Cooling: Central Air, Individual Curr Current ent Financing: Conv. Fixed

Disclosur Disclosures: es: Restored Foundation And Little Exterior Of 1890 Building Remain. Gut Renovation 2019-2021 With Historic Elements Remaining. Fy21 Taxes Are For Pre-Condo Conversion Building. Finished Interior Photos Are Renderings And Final Product May Be Different. Condo Fee Estimated. Landscaping Installed Spring


Door Featur Features: es: Insulated Doors

Fencing: Fenced

Number Of Units T Total: otal: 3

Flooring: Tile, Marble, Hardwood

Parking Featur Features: es: On Street

Entr Entryy Level: 3 Entr Entryy Location: Unit Placement(Upper)

Gr Green een Energy Ef Efficient: ficient: Thermostat

Exclusions: None

Heating: Forced Air, Natural Gas, Individual

Exterior Featur Features: es: Balcony, Professional Landscaping

Laundr Laundryy Featur Features: es: In Unit, Washer Hookup

Pets Allowed: Breed Restrictions Roof: Shingle Rooms T Total: otal: 3 Sewer: Public Sewer

Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection View: City Water Sour Source: ce: Public Window Featur Features: es: Insulated Windows

Remarks OPEN HOUSE CANCELLED OFFER ACCEPTED Introducing Pullman on Dane Ave: three new construction condos centrally located on a residential street just over a half mile from Union Square Green Line and 1 mile from Harvard and Porter Squares. Designed by local MIT architect, Unit 3, a 890 sq ft one bedroom home has spectacular soaring ceilings and 9 skylights for beautiful light. It features an open floor plan with integrated kitchen, living, and dining and lovely red birch flooring throughout. An on-suite soaking tub and separate w/c is found off the main bedroom along with a generous rear balcony that overlooks a landscaped common yard. There is huge walk-in closet awaiting your input: will it be study, guest space with murphy bed or a grande walk-in closet? Secure, storage space is found in the basement. Come visit soon for the opportunity to select accent wall colors, closet layout or other upgrades. Occupancy estimated mid February.

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


24 Dane Ave 3 $705,000 CLOSED

MLS #72763235

Somerville, MA 02143

4/26/21

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

1 Bed 2.0/0 Baths

890 Sq. Ft. ($792 / sqft)

Year Built 2020

Days on market: 65


27 Prescott St 1 $599,000 ACTIVE

MLS #72858630

Somerville, MA 02143

1 Bed 1.0/0 Baths Year Built 1900

6/30/21

925 Sq. Ft. ($648 / sqft) Days on market: 8

Details Pr Prop op T Type: ype: Condominium

Full baths: 1.0

Orig list price: $599,000

Lot Size:

Updated: Jul 4, 2021 3:05 AM

County: Middlesex

List date: 6/30/21

List Price: $599,000

Taxes: $5,389

Building Name: 21-27 Prescott Street Condominiums

Laundr Laundryy Featur Features: es: First Floor, In Unit

Construction Materials: Frame

Disclosur Disclosures: es: Easy To Show. Some Pictures Are Virtual Staging Photos. Floor Plans Available In Documents. Pets Require Condo Approval, Communal Bike Rack. Snow Removal Does Not Include The Private Parking Spot

Cooling: Window Unit(s)

Electric: Circuit Breakers

Roof: Shingle, Rubber

Entr Entryy Level: 1

Rooms T Total: otal: 3

Fencing: Fenced

Stories T Total: otal: 1

Sewer: Public Sewer

Flooring: Tile, Hardwood

Building Ar Area ea Units: Square Feet

Utilities: for Gas Range

Heating: Steam, Natural Gas

Water Sour Source: ce: Public

Ar Area: ea: Union Square

Assoc Fee: $385

Features Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range Association Fee Fr Frequency: equency: Monthly Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Common W Walls: alls: End Unit Community Featur Features: es: Public Transportation, Shopping

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

Number Of Units T Total: otal: 12 Parking Featur Features: es: Off Street, Deeded Parking T Total: otal: 1.0 Pets Allowed: Breed Restrictions


Remarks Sophisticated, spacious first floor one bedroom end unit condominium with lots of light & westerly exposure and deeded off street parking for 1 car ! Features include a beautifully renovated marble bath with soaking tub, hardwood & tile flooring throughout, high ceilings, a large eat-in-kitchen with stainless steel appliances, and in-unit full size, high efficiency washer/dryer. This unit was originally built as a 2 bedroom, but now has a flexible floor plan with an over sized living/dining area and space for an office set up. The good size bedroom has a nice bay window. There is an in-unit storage closet plus private, locked basement storage. Located within easy stroll to popular Union Square, public transit to Boston including planned Green line extension stops, and many shops and restaurants . There is large common rear yard with picnic table and association bike rack. Open house 7/3 11:30-1:00.

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


27 Prescott St 1 $599,000 ACTIVE

MLS #72858630

Somerville, MA 02143

1 Bed 1.0/0 Baths Year Built 1900

6/30/21

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

925 Sq. Ft. ($648 / sqft) Days on market: 8


40 Highland Avenue 5

Somerville, MA 02143

$525,000 ACTIVE

6/1/21

MLS #72841992

1 Bed 1.0/0 Baths

675 Sq. Ft. ($778 / sqft)

Year Built 1895

Days on market: 37

Details Pr Prop op T Type: ype: Condominium

Lot Size:

List Price: $525,000

Taxes: $4,858

County: Middlesex

List date: 6/1/21

Orig list price: $525,000

Full baths: 1.0

Updated: Jul 6, 2021 11:07 AM

Assoc Fee: $252

Stories T Total: otal: 1

Disclosur Disclosures: es: Owner Has Not Occupied The Unit For 10yrs And Has Fill Out The Sellers Disclosure To The Best Of Her Knowledge. Recent Common Area Work And Complete Redo Asphalt Roof, 2021, All Paid For By Sellers. Buyer And Buyers Agent Due Their Own Due Diligence.

Exclusions: Washer And Dryer Negotiable.

Electric: 100 Amp Service

Roof: Slate

Entr Entryy Level: 2

Rooms T Total: otal: 4

Entr Entryy Location: Unit Placement(Front)

Security Featur Features: es: Intercom

Features Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater, Utility Connections for Gas Range Association Amenities: Garden Area Association Fee Fr Frequency: equency: Monthly Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Building Ar Area ea Units: Square Feet Building Name: The Cumberland Condominiums Community Featur Features: es: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access Construction Materials: Frame Cooling: Central Air

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

Exterior Featur Features: es: Garden Flooring: Wood Heating: Forced Air, Natural Gas Laundr Laundryy Featur Features: es: In Unit Number Of Units T Total: otal: 15 Pets Allowed: Yes


Sewer: Public Sewer

Utilities: for Gas Range

Water Sour Source: ce: Public

Remarks It's all about location! New Gilman T Stop (Green line) projected to be completed end of this year (Oct.) Come check out this Bright & Airy 1 BR 1 Bath Condo, in the hustle and bustle of Union Square. This Gorgeous unit features high ceilings, Oak Hardwood Floors against Exposed Brick and Ample amount of windows that highlight the sun-drenched Urban Living Space. The kitchen offers Maple Cabinets, Granite Countertops and Stainless Steel Appliances. Spacious bedroom with good size closets and a small nook for some additional added space; can be used for storage or work station. Large Full Bath with In-Unit Washer and Dryer, central air and some additional private basement storage. Completely renovated in 2005 and professionally managed, this 15-unit Victorian building has a large landscaped common patio. Minutes to Union Square, new Gilman T stop, Assembly Square, Prospect Hill, with a boasting walking score of 93 and a short drive to 93/28. Steps to the Somerville Public library.

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


40 Highland Avenue 5

Somerville, MA 02143

$525,000 ACTIVE

6/1/21

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

MLS #72841992

1 Bed 1.0/0 Baths

675 Sq. Ft. ($778 / sqft)

Year Built 1895

Days on market: 37


Comparable Property Statistics S

6 Sold Listings LOWEST

$515,000

A

AVERAGE

$595,417

HIGH

$705,000

AVG PRICE / SQFT

AVG DOM

$702

56

AVG PRICE / SQFT

AVG DOM

$713

22

2 Active Listings LOWEST

$525,000

AVERAGE

$562,000

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com

HIGH

$599,000


Online Valuation Analysis How accurate are Zestimates?

8.1%

$47,200

Zestimates varied up to 8.1% or $47,200 compared to actual MLS prices.

S

6 Sold

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

24 Rush Street D

1/27/21

$515,000

-

-

24 Rush Street C

6/9/21

$560,000

-

-

25 Prescott St 2

3/31/21

$575,000

$600,200

4.4%

23 Lake Street 3

1/25/21

$582,500

$629,700

8.1%

519 Broadway 302

3/19/21

$635,000

-

-

24 Dane Ave 3

4/26/21

$705,000

-

-

PRICE

ZESTIMATE

DIFFERENCE

27 Prescott St 1

$599,000

$610,700

2.0%

40 Highland Avenue 5

$525,000

$548,000

4.4%

A

2 Active

ADDRESS

Source: Zillow

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


Sold Property Analysis Averages

98.6%

56

Homes sold for an average of 98.6% of their list price.

It took an average of 56 days for a home to sell.

Days on market

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

24 Rush Street D

$515,000

$515,000

100.00%

2

$711

24 Rush Street C

$585,000

$560,000

95.73%

35

$701

25 Prescott St 2

$599,000

$575,000

95.99%

153

$646

23 Lake Street 3

$595,000

$582,500

97.90%

71

$618

519 Broadway 302

$635,000

$635,000

100.00%

14

$741

24 Dane Ave 3

$699,000

$705,000

100.86%

65

$792

$604,666

$595,417

98.47%

56

$702

Averages

Car Carmelo melo Bari · Engel & V Voelkers oelkers Boston 46 Gloucester Street 7817248545 Carmelo.Bari@EVrealestate.com


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