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315 Summer Street

315 Summer Street, Somerville, MA 02144
Property in Spring Hill
Sold Apr 30, 2021
$1,050,000
Sold Jan 19, 1963
$19,000
315 Summer Street in Somerville, MA was first built in 1892 and is 132 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 duplex style. There are a total of 3 floors. There are a total of 15 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 315 Summer Street has 2,813 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 2,677 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of slate. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Apr 29, 2021 for $1,050,000. That's $373.27 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $19,000. 315 Summer Street was last assessed in 2023. The total value of the property was assessed at $1,450,500. Specifically, the land the property is located on was valued at $633,800. While improvements on the property were assessed at a total of $816,700. 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 $14,998. The initial tax year of delinquency was in 2022. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,677
  • Total Building Area: 2,813
  • Gross Building Area: 4,538
  • Building Area: 2,813
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,813
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.061
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : BAY FLOW LLC
  • Previous Owner : MILLS HARVEY J EST
  • Previous Owner 2: MILLS
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RA

Geography

  • Account Number: 13460170
  • Parcel: SOME M:29 B:J L:24
  • Block: J
  • Lot: 24
  • Municipality: SOMERVILLE
  • Latitude: 42.3927
  • Longitude: -71.1171

    Address

  • Full Address: 315 Summer St
  • Address - House Number: 315
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C046
  • 4-Digit Zip Code: 3113
  • Zip Code: 02144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,998
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 992,300
  • High Value: 1,216,330
  • Low Value: 768,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,450,500
  • Assessed Land Value: $633,800
  • Assessed Improvements Value: $816,700

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11833895348
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 97381
  • Previous Sale Recording Date: Jan 19, 1963
  • Previous Sale Amount: $19,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCHPIN CAPITAL LLC
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $1,370,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 315 Summer Street located in?
The 315 Summer Street is a located in the neighborhood of Spring Hill in Spring Hill, Somerville.
What is the average sales price for listings in 315 Summer Street?
The average sales price for units in 315 Summer Street is $0 currently.

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