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16 Elston Street

16 Elston Street, Somerville, MA 02144
Property in Davis Square
2 Units For Sale
Unit for sale at 16 Elston St, Somerville, MA 02144

$1,599,000 ↓ $100K

  • 3 Beds
  • 4 Baths
16 Elston St #2, Somerville, MA 02144 Listing by David Bottari

Unit for sale at 16 Elston St, Somerville, MA 02144

$1,399,000

  • 3 Beds
  • 3 Baths
16 Elston St #1, Somerville, MA 02144 Listing by David Bottari

Local assessors in Somerville, MA have categorized 16 Elston Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 3,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 7 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16 Elston Street has a total of 2,752 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a mansard style roof that was made of asphalt. Lots of shingles that aren't wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Dec 11, 2023 for $1,535,000. That's $557.78 per sqft. Prior to that sales transaction, the property was also sold in Dec 8, 2023 for $1,330,000. 16 Elston Street was last assessed in 2024. The total value of the property was assessed at $1,840,100. Specifically, the land the property is located on was valued at $854,700. While improvements on the property were assessed at a total of $985,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $19,358. The initial tax year of delinquency was in 2023. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Location

Near Public Transit

Facilities

Laundry Room
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Single (not wood)
  • Roof Shape Type: Mansard
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 2,752
  • Gross Building Area: 3,980
  • Building Area: 2,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,752
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : GALLAGHER PATRICK B
  • Previous Owner : ELSTON STREET LLC
  • Owner Before Previous Owner: ELSTON STREET LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 350900

Zoning

  • Zoning: RA

Geography

  • Account Number: 2053040
  • District: 274
  • Parcel: SOME M:26 B:D L:5
  • Block: D
  • Lot: 5
  • Municipality: SOMERVILLE
  • Latitude: 42.393
  • Longitude: -71.1196

    Address

  • Full Address: 16 Elston St
  • Address - House Number: 16
  • Address - Street Name: Elston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C046
  • 4-Digit Zip Code: 3112
  • Zip Code: 02144

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $19,358
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 1,592,104
  • High Value: 1,715,319
  • Low Value: 1,468,889

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $725,000
  • First Open Lien Mortgage Lender: DEDHAM INSTITUTION FOR SAVINGS
  • First Open Lien Mortgage Recording Date: Dec 11, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $725,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 11, 2053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,840,100
  • Assessed Land Value: $854,700
  • Assessed Improvements Value: $985,400

    Sales

  • Current Sale Contract Date: Dec 11, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Transaction ID: 11919105248
  • Current Sale Price: $1,535,000
  • Current Sale Document Type: Condominium Deed
  • Current Sale Input Document Number: 141194
  • Previous Sale Recording Date: Dec 08, 2023
  • Previous Sale Contract Date: Dec 08, 2023
  • Previous Sale Amount: $1,330,000
  • Previous Sale Document Type: Condominium Deed

    Last Sale Mortgage

  • First Mortgage Lender: DEDHAM INSTITUTION FOR SAVINGS
  • First Mortgage Transaction Date: Dec 11, 2023
  • First Mortgage Loan Amount: $725,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: Dec 08, 2023
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $818,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Davis Square



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Frequently Asked Questions

What neighborhood is 16 Elston Street located in?
The 16 Elston Street is a located in the neighborhood of Davis Square in Davis Square, Somerville.
How many listings are currently for sale in 16 Elston Street?
16 Elston Street has a total of zero units in the building. There are two units for sale right now.
What is the average sales price for listings in 16 Elston Street?
The average sales price for units in 16 Elston Street is $1,499,000 currently.

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