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25 Madison Street

25 Madison Street, Somerville, MA 02143
Property in Winter Hill
Sold Jun 01, 2018
$1,010,000
$808,000 by Cambridge Svgs Bk
Mortgage Due Jun 01, 2048
Sold Oct 17, 2016
Transfer
$386,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2046
Local assessors in Somerville, MA have categorized 25 Madison Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,000 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 8 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a 2 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 25 Madison Street has a total of 1,561 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of asbestos shingle were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 25 Madison Street was last sold in Jan 1, 1970 for $1,010,000. According to our calculations, that's $647.02 per sqft. Current property owners are expected to pay $10,994 in taxes per year. The property on 25 Madison Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $1,045,100. To break that down further, the land itself was valued at $447,000. While improvements to the property were assessed at a total of $598,100. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 1,561
  • Gross Building Area: 2,981
  • Building Area: 1,561
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,561
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ESTATE OLIVER TUFTS
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARSH DIANA E
  • Current Owner 2: BREEDLOVE MARK A
  • Previous Owner : TRAUB RACHAEL S EST
  • Owner Before Previous Owner: TRAUB RACHAEL S EST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 351101

Zoning

  • Zoning: RA

Geography

  • Account Number: 19656010
  • District: 274
  • Parcel: SOME M:50 B:E L:30
  • Block: E
  • Lot: 30
  • Municipality: SOMERVILLE
  • Latitude: 42.3882
  • Longitude: -71.0995

    Address

  • Full Address: 25 Madison St
  • Address - House Number: 25
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C017
  • 4-Digit Zip Code: 1208
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,994

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,229,109
  • High Value: 1,449,466
  • Low Value: 1,008,752

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $808,000
  • First Open Lien Mortgage Lender: CAMBRIDGE SVGS BK
  • First Open Lien Mortgage Recording Date: Jun 01, 2018
  • First Open Lien Mortgage Loan Amount: $808,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,045,100
  • Assessed Land Value: $447,000
  • Assessed Improvements Value: $598,100

    Sales

  • Current Sale Recording Date: Jun 01, 2018
  • Current Sale Transaction ID: 11470576676
  • Current Sale Price: $1,010,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 78085
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAMBRIDGE SVGS BK
  • First Mortgage Transaction Date: Jun 01, 2018
  • First Mortgage Loan Amount: $808,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Oct 17, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $386,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 25 Madison Street located in?
The 25 Madison Street is a located in the neighborhood of Winter Hill in Winter Hill, Somerville.
What is the average sales price for listings in 25 Madison Street?
The average sales price for units in 25 Madison Street is $0 currently.

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