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49 Oak Street

49 Oak Street, Somerville, MA 02143
Property in Ward Two
2 Units For Sale
Open House: 12PM - 1:30PM, Sat May 11
Unit for sale at 49 Oak, Somerville, MA 02143

$1,399,999

  • 4 Beds
  • 3 Baths
49 Oak #A, Somerville, MA 02143 Listing by David Bottari

Unit for sale at 49 Oak St, Somerville, MA 02143

$1,349,000

  • 3 Beds
  • 3 Baths
49 Oak St #B, Somerville, MA 02143 Listing by David Bottari

Local assessors in Somerville, MA have categorized 49 Oak 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 4,560 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 13 rooms in the home. Of these, 7 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 are 6 full bathrooms. There are also 6 partial bathrooms. This is a 3 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 49 Oak Street has a total of 2,674 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 4 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 alum/vinyl siding 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. The property was last sold in Jul 25, 2022 for $1,800,000. That's $673.15 per sqft. 49 Oak Street was last assessed in 2024. The total value of the property was assessed at $1,173,900. Specifically, the land the property is located on was valued at $818,000. While improvements on the property were assessed at a total of $355,900. 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 $12,349. 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!

Building Features

Location

Near Public Transit

Facilities

Laundry Room
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 4,560
  • Total Building Area: 2,674
  • Gross Building Area: 4,285
  • Building Area: 2,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,674
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.105
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RJM DEVELOPMENT LLC
  • Previous Owner : NAUGLER FRANCIS S EST
  • 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: 351203

Zoning

  • Zoning: RB

Geography

  • Account Number: 14489030
  • District: 274
  • Parcel: SOME M:83 B:A L:50
  • Block: A
  • Lot: 50
  • Municipality: SOMERVILLE
  • Latitude: 42.3758
  • Longitude: -71.0991

    Address

  • Full Address: 49 Oak St
  • Address - House Number: 49
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C005
  • 4-Digit Zip Code: 4030
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,349

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,347,431
  • High Value: 1,569,113
  • Low Value: 1,125,748

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $6,600,000
  • First Open Lien Mortgage Lender: FIRST BOSTON CONSTRUCTION HOLD
  • First Open Lien Mortgage Recording Date: Feb 28, 2023
  • First Open Lien Mortgage Loan Amount: $4,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 28, 2053
  • Second Open Lien Mortgage Lender: FIRST BOSTON CONSTRUCTION HOLD
  • Second Open Lien Mortgage Recording Date: Dec 09, 2022
  • Second Open Lien Mortgage Loan Amount: $1,850,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Dec 09, 2052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,173,900
  • Assessed Land Value: $818,000
  • Assessed Improvements Value: $355,900

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Transaction ID: 11893723092
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 113217

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BOSTON CONSTRUCTION HOLD
  • First Mortgage Transaction Date: Jul 25, 2022
  • First Mortgage Loan Amount: $3,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Ward Two



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Frequently Asked Questions

What neighborhood is 49 Oak Street located in?
The 49 Oak Street is a located in the neighborhood of Ward Two in Ward Two, Somerville.
How many listings are currently for sale in 49 Oak Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 49 Oak Street?
The average sales price for units in 49 Oak Street is $1,374,500 currently.

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