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315 Washington Street

315 Washington Street, Somerville, MA 02143
Multifamily in Ward Two
315 Washington Street has been categorized by the local assessors in Somerville, MA as a residential type of property. The building on the property was first built in 1895 and is 129 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 315 Washington Street has 3,028 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,282 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of slate. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit 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, 315 Washington Street sold most recently in Dec 16, 2021 for a total of $1,442,000. If you work out the math, that's approximately a cost of $476.22 per sqft. Before that, the property was also sold for $1,200,000 in Jun 28, 2019. 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 $14,133 in taxes each year. 315 Washington Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,343,400. If we break it down further, the land itself was valued at $739,400. Improvements to the property, however, were assessed at a total of $604,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Parking

Tandem Parking
Off Street Parking
On-Street Parking
Paved Parking

Outdoor Space

Garden

Location

Near Public Transit

Condition

Level Lot

Driveway

Paved Driveway
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180912
09/12/2018
9 Bed
3 Bath
-
$1,250,000
bedrooms
9 Bed
bathrooms
3 Bath
$1,250,000
06/28/2019
-
David Lilley
RE/MAX Destiny
20120221
02/21/2012
6 Bed
2 Bath
-
$569,900
bedrooms
6 Bed
bathrooms
2 Bath
$569,900
05/21/2012
-
Irene Bremis
LAER Realty Partners / iBremis Realty

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,282
  • Total Building Area: 3,028
  • Gross Building Area: 4,756
  • Building Area: 3,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,028
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.075
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : 451 WEST BROADWAY LLC
  • Previous Owner : BORNSTEIN JONATHAN
  • Owner Before Previous Owner: EWING DEBORAH B
  • Owner Before Previous Owner 2: MEACHEN MICHAEL D
  • 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: 351204

Zoning

  • Zoning: RB

Geography

  • Account Number: 16550147
  • District: 274
  • Parcel: SOME M:64 B:B L:14
  • Block: B
  • Lot: 14
  • Municipality: SOMERVILLE
  • Latitude: 42.3796
  • Longitude: -71.1007

    Address

  • Full Address: 315 Washington St
  • Address - House Number: 315
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C011
  • 4-Digit Zip Code: 3834
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $14,133

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 1,354,567
  • High Value: 1,667,802
  • Low Value: 1,041,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $20,600,000
  • First Open Lien Mortgage Lender: ROCKLAND TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $20,600,000
  • 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 22, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,343,400
  • Assessed Land Value: $739,400
  • Assessed Improvements Value: $604,000

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875938298
  • Current Sale Price: $1,442,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 274463
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 28, 2019
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: ROCKLAND TRUST CO
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $3,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Jun 28, 2019
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Ward Two



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Frequently Asked Questions

What neighborhood is 315 Washington Street located in?
The 315 Washington Street is a multifamily located in the neighborhood of Ward Two in Ward Two, Somerville.
What is the average sales price for listings in 315 Washington Street?
The average sales price for units in 315 Washington Street is $0 currently.

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