Check Availability

20 Prescott Street

20 Prescott Street, Somerville, MA 02143
Property in Spring Hill
Sold Jun 21, 2021
$1,250,000
$937,500 by Guaranteed Rate Inc
Mortgage Due Jun 21, 2051
Sold May 17, 2006
$640,000
$448,000 by Middlesex Fsla
Mortgage
20 Prescott Street in Somerville, MA was first built in 1870 and is 154 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 3 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 20 Prescott Street has 2,629 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,666 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of asbestos shingle. As for heating, the home is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 20 Prescott Street sold most recently in Jun 18, 2021 for a total of $1,250,000. If you work out the math, that's approximately a cost of $475.47 per sqft. Before that, the property was also sold for $640,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,267 in taxes each year. The initial year of tax delinquency occurred in 2022. 20 Prescott Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,166,100. If we break it down further, the land itself was valued at $599,800. Improvements to the property, however, were assessed at a total of $566,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Outdoor Space

Garden

Parking

Off Street Parking

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,666
  • Total Building Area: 2,629
  • Gross Building Area: 4,149
  • Building Area: 2,629
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,629
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.084
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : REN XIANGLIN
  • Current Owner 2: WANG JU F
  • Previous Owner : GUARNOTTA CHRISTOPHER
  • Owner Before Previous Owner: GUARNOTTA KEVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 351300

Zoning

  • Zoning: RA

Geography

  • Account Number: 4220165
  • District: 274
  • Parcel: SOME M:62 B:A L:34
  • Block: A
  • Lot: 34
  • Municipality: SOMERVILLE
  • Latitude: 42.3843
  • Longitude: -71.0996

    Address

  • Full Address: 20 Prescott St
  • Address - House Number: 20
  • Address - Street Name: Prescott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C003
  • 4-Digit Zip Code: 1883
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,267
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 1,241,595
  • High Value: 1,528,705
  • Low Value: 954,484

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $937,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $937,500
  • 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: Jun 21, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,166,100
  • Assessed Land Value: $599,800
  • Assessed Improvements Value: $566,300

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11841263982
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 1883782
  • Previous Sale Recording Date: May 17, 2006
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $937,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MIDDLESEX FSLA
  • Previous Mortgage Transaction Date: May 17, 2006
  • Previous Mortgage Loan Amount: $448,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Spring Hill



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 285 Third Street, Cambridge, MA, 02142

$3,974 /mo

  • 1 Bed
  • 1 Bath
  • 717 ft²
285 Third Street #1 Bed (North) - 672 No Balcony, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 94 Sidney St., Cambridge, MA, 02139

$3,800 /mo

  • 1 Bed
  • 1 Bath
  • 760 ft²
94 Sidney St. #1 Bed, Cambridge, MA, 02139 Listing by Donald W
Unit for rent at 4 Leighton St., Cambridge, MA, 02141

$4,230 /mo

  • 2 Beds
  • 2 Baths
  • 979 ft²
4 Leighton St. #1-318, Cambridge, MA, 02141 Listing by Donald W
Unit for rent at 249 Third St., Cambridge, MA, 02142

$4,140 /mo

  • 2 Beds
  • 2 Baths
  • 890 ft²
249 Third St. #The Lofts 2 Bedrooms K, Cambridge, MA, 02142 Listing by Equity Residential
Unit for rent at 36 Rogers St., Cambridge, MA, 02142

$4,195 /mo

  • 2 Beds
  • 2 Baths
  • 1,098 ft²
36 Rogers St. #419, Cambridge, MA, 02142 Listing by JP W
Unit for rent at 25 Plymouth, Cambridge, MA, 02141

$3,950 /mo

  • 2 Beds
  • 1 Bath
  • 99,999 ft²
25 Plymouth #1, Cambridge, MA, 02141 Listing by Jessica Dejesus Acevedo
Unit for rent at 25 Bay State Avenue, Somerville, MA, 02144

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
25 Bay State Avenue #1, Somerville, MA, 02144 Listing by Jennifer Gelfand

Frequently Asked Questions

What neighborhood is 20 Prescott Street located in?
The 20 Prescott Street is a located in the neighborhood of Spring Hill in Spring Hill, Somerville.
What is the average sales price for listings in 20 Prescott Street?
The average sales price for units in 20 Prescott Street is $0 currently.

Quantcast