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70 Porter Street

70 Porter Street, Somerville, MA 02143
Property in Spring Hill
Sold Jul 29, 2021
$1,485,000
$1,188,000 by First Republic Bank
Mortgage Due Jul 29, 2051
Local assessors in Somerville, MA have categorized 70 Porter Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 3,400 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 6 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 3 full bathrooms. There are also 3 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 70 Porter Street has a total of 3,097 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 3 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 slate. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jul 29, 2021 for $1,485,000. That's $479.50 per sqft. 70 Porter Street was last assessed in 2024. The total value of the property was assessed at $1,396,800. Specifically, the land the property is located on was valued at $585,500. While improvements on the property were assessed at a total of $811,300. 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 $14,694. The initial tax year of delinquency was in 2022. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 3,400
  • Total Building Area: 3,097
  • Gross Building Area: 4,772
  • Building Area: 3,097
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,097
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.078
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : BAKST IAN N
  • Current Owner 2: CORELLI KATHRYN M
  • Previous Owner : SWEENEY MARK J
  • Previous Owner 2: BEGGS-SWEENEY KRISTIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 351002

Zoning

  • Zoning: RB

Geography

  • Account Number: 25723013
  • District: 274
  • Parcel: SOME M:35 B:H L:22
  • Block: H
  • Lot: 22
  • Municipality: SOMERVILLE
  • Latitude: 42.3896
  • Longitude: -71.1116

    Address

  • Full Address: 70 Porter St
  • Address - House Number: 70
  • Address - Street Name: Porter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C013
  • 4-Digit Zip Code: 1412
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $14,694
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,572,135
  • High Value: 1,857,168
  • Low Value: 1,287,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,188,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,188,000
  • 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: Jul 29, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,396,800
  • Assessed Land Value: $585,500
  • Assessed Improvements Value: $811,300

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Transaction ID: 11846238112
  • Current Sale Price: $1,485,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 170832

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jul 29, 2021
  • First Mortgage Loan Amount: $1,188,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Spring Hill



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Frequently Asked Questions

What neighborhood is 70 Porter Street located in?
The 70 Porter Street is a located in the neighborhood of Spring Hill in Spring Hill, Somerville.
What is the average sales price for listings in 70 Porter Street?
The average sales price for units in 70 Porter Street is $0 currently.

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