When was property at 56 Oak Street built and last sold?

The property at 56 Oak Street was built in 1900 and last sold on Nov 30, 2022 for $1,125,000.

How much is this home worth?

The estimated value of the home located at 56 Oak Street is $1,233,146.

What are some comparable homes to 56 Oak Street?

There are currently no comparable homes to 56 Oak Street.

Somerville

02143

Ward Two

56 Oak St

$1,125,000

● House - Off Market

56 Oak St

Somerville, MA 02143

3 Beds

2 Baths, 1 Half Bath

1,572 Ft²

$1,286,712

RealtyHop Estimate

7.23%

Since Dec 1, 2022

MA-Boston

Primary Model

About This Property

Introducing 56 Oak St, a tastefully restored single family home nestled in-between two eclectic hubs, Inman and Union Square. Enjoy 3 beds + an office and 2.5 baths sprawled across 3 levels of living space. Stroll into an open concept floor plan with a quartz wrapped fireplace and custom designs throughout. The kitchen boasts contemporary flat panel cabinetry, designer gold and black fixtures, a custom dry bar with a wine cooler, and a stunning oversized quartz waterfall island. A sleek bath, an airy office and a sun room leading to your private outdoor space round out the main living area. On the upper level you will find a master suite with a walk-in closet and en-suite bath, two graciously sized bedrooms and a second full bath. Hardwood floors throughout, recessed lighting, in unit washer/dryer, and central heating/cooling complete this inviting space. On the Somerville/Cambridge line, enjoy a one-of-a-kind city lifestyle, moments from local favorites and the Green MBTA line.

Unit Size

1,572 Ft²

Days on Market

Land Size

0.03 acres

Price per sqft

$763

Property Type

House

Property Taxes

$621

HOA Dues

Year Built

1900

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (MLSPIN #73023973)

Price History

Date / Event	Date	Event
Dec 1, 2022	Sold	Premium
Sold
Oct 16, 2022	In contract	-
In contract
Aug 10, 2022	Listed by EVO Real Estate Group, LLC	$1,199,900
Listed by EVO Real Estate Group, LLC
Jul 26, 2022	No longer available	-
No longer available
Jul 13, 2022	Listed by EVO Real Estate Group, LLC	$1,300,000
Listed by EVO Real Estate Group, LLC
Feb 11, 2022	Sold	Premium
Sold

Property Highlights

Parking Available

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1900

Effective Year Built: 1900
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 3
Building Quality: 0
Construction Type: 0
Building Style: 16
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 11
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 2
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 1,190

Total Building Area: 1,282
Gross Building Area: 1,906
Building Area: 1,282
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 4
Heated Square Feet: 1,282
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000027
Standard Land Use Code: 1001
County Land Use Code: 101

Neighborhood

School District Name: Somerville School District

School Tax School District: SOMERVILLE SD
Census Tract: 351203

Zoning

Zoning: RB

Geography

Account Number: 3135135

District: 274
Parcel: SOME M:83 B:E L:20
Block: E
Lot: 20
Municipality: SOMERVILLE
Latitude: 42.3753
Longitude: -71.0988

Address

Full Address: 56 Oak St

Address - House Number: 56
Address - Street Name: Oak
Address - Suffix Type: St
State: MA
City Name: Somerville
Carrier Code: C005
4-Digit Zip Code: 4033
Zip Code: 02143

Valuation

Tax

Tax Year: 2024

Tax Amount: $1,100,400
Initial Tax Delinquent Year: 2023

Appraisal Valuation

Standard Deviation: 0.0773

Valuation Date: Mar 13, 2024
Confidence Score: 94
Final Value: 1,368,166
High Value: 1,474,050
Low Value: 1,262,282

Open Liens

Total Open Liens:

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Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $1,046,000
Assessed Land Value: $521,300
Assessed Improvements Value: $524,700

Sales

Current Sale Contract Date: Nov 30, 2022

Current Sale Recording Date: Dec 01, 2022
Current Sale Price:

Premium
Current Sale Document Type: O
Current Sale Input Document Number: 175786
Previous Sale Recording Date: Feb 11, 2022
Previous Sale Contract Date: Feb 11, 2022
Previous Sale Amount: $635,000
Previous Sale Document Type: O

Last Sale Mortgage

First Mortgage Lender:

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Financing

First Mortgage Financing Type: ADJ

Previous Mortgages

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Previous Mortgage Loan Amount:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Ward Two

Stats & Trends

Median Asking:

$1,153,750

Sale Price/ft²

$763

Below Asking

0.02%

Average Days on Market

Average Home Size

2597 ft²

Average Home Age

85.2 years

Currently For Sale

20 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$4,636 /mo

2 Beds
2 Baths
1,099 ft²

285 Third Street #2 Bed Bay Windows (North) - 1099, Cambridge, MA, 02142 Listing by Equity Residential

Unit for rent at 249 Third St., Cambridge, MA, 02142

$3,320 /mo

1 Bed
1 Bath
663 ft²

249 Third St. #The Flats 1 Bedroom E, Cambridge, MA, 02142 Listing by Equity Residential

Unit for rent at 205 Walden St, Cambridge, MA, 02140

$3,400 /mo

2 Beds
1 Bath
963 ft²

205 Walden St #The Chilton 2P, Cambridge, MA, 02140 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73023973

56 Oak St

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Ward Two

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions