See Home Value
$2,100,000
House - Off Market

71 Wallace Street

Somerville, MA 02144
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$2,055,565
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model

About This Property

Located on tree-lined Wallace Street, this wonderful home features quick access to dynamic Davis Square, 3 bedrooms, several common spaces, rooms for work and exercise, a backyard oasis, and off-street parking. The 1st floor has a comfortable living room with bay windows and custom built-in bookshelves. The dining room is open to the kitchen, which flows to a light-filled family room with picture windows and a cozy window seat. A 1/2 bath and mudroom complete the 1st floor. The back door opens to a large deck and landscaped yard bordered by a hand-crafted stone wall. On the 2nd floor there are 3 bedrooms, 2 full baths, and a small office currently used as an exercise room. The light-filled owners' suite at the back of the 2nd floor has a bathroom with radiant floor heating, a large walk-in closet with laundry, and a sitting area. The 3rd floor offers two bonus rooms now used as a yoga studio and office. Come enjoy a warm, peaceful home located near all the amenities of Davis Square.
Unit Size
-
Days on Market
39 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$923
HOA Dues
-
Year Built
1900
Last updated: 2 years ago (MLSPIN #72830775)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold to Callie Taintor-wiser, Micha... $2,100,000
Sold to Callie Taintor-wiser, Micha...
May 13, 2021 Listed by Compass $1,785,000
Listed by Compass

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 3,801
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,198
  • Total Building Area: 2,345
  • Gross Building Area: 4,066
  • Building Area: 2,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,345
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WISER MICHAEL
  • Current Owner 2: TAINTOR-WISER CALLIE
  • Previous Owner : COBURN CHRISTINE L
  • Previous Owner 2: COLBURN THEODORE R
  • Owner Before Previous Owner: COFFEY MICHAEL D
  • Owner Before Previous Owner 2: COLBURN CHRISTINE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 350500

Zoning

  • Zoning: RA

Geography

  • Account Number: 15505111
  • District: 274
  • Parcel: SOME M:16 B:C L:14
  • Block: C
  • Lot: 14
  • Municipality: SOMERVILLE
  • Latitude: 42.3999
  • Longitude: -71.1216

    Address

  • Full Address: 71 Wallace St
  • Address - House Number: 71
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C063
  • 4-Digit Zip Code: 1832
  • Zip Code: 02144

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $18,040

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,979,405
  • High Value: 2,333,938
  • Low Value: 1,624,871

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,440,000
  • First Open Lien Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • 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: Jun 18, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,714,800
  • Assessed Land Value: $883,300
  • Assessed Improvements Value: $831,500

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840779418
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 138213
  • Previous Sale Recording Date: Dec 28, 2017
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Dec 28, 2017
  • Previous Mortgage Loan Amount: $453,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
-
$1,800,000 Jan 13, 2022
$1,800,000 Feb 24, 2022
$1,172/mo
House
4 Beds
3 Baths
-
$1,550,000 May 28, 2015
$1,550,000 Jun 23, 2015
$1,035/mo
House
3 Beds
3 Baths
-
$2,500,000 Apr 27, 2022
$2,500,000 May 25, 2022
$1,038/mo
House
4 Beds
4 Baths
-
$1,785,000 Aug 16, 2018
$1,785,000 Oct 5, 2018
$1,122/mo
House
3 Beds
3 Baths
-
$1,650,000 Mar 31, 2021
$1,650,000 May 7, 2021
$1,124/mo
House
4 Beds
4 Baths
-
$1,600,000 Sep 20, 2022
$1,600,000 Dec 20, 2022
$1,251/mo
House
3 Beds
3 Baths
-
$1,750,000 Oct 25, 2023
-
$1,299/mo
Condo
3 Beds
4 Baths
-
$1,449,000 Nov 17, 2023
-
$1,192/mo
House
3 Beds
5 Baths
-
$1,860,000 Oct 25, 2023
-
$1,324/mo
House
3 Beds
3 Baths
-
$1,675,000 Nov 16, 2023
-
$908/mo
Condo
3 Beds
4 Baths
-
$1,450,000 Apr 20, 2023
-
$150/mo
Condo
3 Beds
2 Baths
-
$1,559,000 Sep 29, 2023
-
$1,559/mo

About Medford Hillside


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Frequently Asked Questions

When was property at 71 Wallace Street built and last sold?
The property at 71 Wallace Street was built in 1900 and last sold on Jun 18, 2021 for $2,100,000.
How much is this home worth?
The estimated value of the home located at 71 Wallace Street is $1,802,850.
What are some comparable homes to 71 Wallace Street?
There are currently no comparable homes to 71 Wallace Street.

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