40 Pennsylvania Avenue

40 Pennsylvania Avenue in Somerville, MA was first built in 1900 and is 124 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 12 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 40 Pennsylvania Avenue has 2,938 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 2,550 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of slate. 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 stucco. As for heating, the home is utilizing a hot water heating system and being fueled with oil. 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, 40 Pennsylvania Avenue sold most recently in Aug 4, 2023 for a total of $1,200,000. If you work out the math, that's approximately a cost of $408.44 per sqft. Before that, the property was also sold for $899,000 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 $12,111 in taxes each year. 40 Pennsylvania Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,151,200. If we break it down further, the land itself was valued at $444,000. Improvements to the property, however, were assessed at a total of $707,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!