41 Elmwood Street # 1, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$1,350,000
Est. $8,363/month
3
Beds
3
Baths
2,583
Sq Ft
$523
Price/Sq Ft
2014
Year Built
4
Days on Market
Closed Listed Mar 10, 2016 • MLS# 71970056 Copied!

About this home

The best of the modern lifestyle in vibrant Davis Sq: pristine, high-tech, 1-year-young new-construction end-unit TH w/ 4 flexible levels of living AND garage parking + 1 outdoor space. Gracious, open LR/DR w/ super high ceilings, southern exposure, fireplace & large windows letting in copious natural light. Overlooking this, a slick designer kitchen w/ Sub Zero & Wolf appliances (incl wall oven & flat cooktop w/ downdraft venting), center island breakfast bar & work desk on the side. 2nd level has a master BR suite w/walk-in closet & luxury bath; 2nd BR & full bath & laundry room w/ ASKO W/D. On the top floor, a sky-lit flex room for BR/study w/ inviting hidden roof deck. Finished garden level w/ half bath perfect for guest BR or family room. Outfitted w/ the latest smart-home technology incl Lutron lighting system, built-in sound system, NEST thermostats & Ring doorbell. Exclusive use outdoor space for gardening & grilling. Steps to Red Line T, restaurants, cinema & Bike Path.

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2014
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,583 sq ft
Total Rooms
7
Stories
4
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $1,295,000
Final Sale Price: $1,350,000
Difference: +$55,000 (+4.2%)
Performance Metrics
104.2%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $501
Sale $/sq ft: $523
This property sold for $523 per square foot
Sale Summary

This property sold for 4.2% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2014
Living Area 2,583 sq ft
Bedrooms 3
Full Baths 2
Half Baths 2
Total Rooms 7

Interior

Heating Central, Forced Air
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Microwave, Washer, Dryer, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Oven
Fireplace None
Fireplaces 1
Basement Y
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Assigned, Exclusive Parking
Total Spaces 3

Utilities

Electric None
Water Public, Individual Meter
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $11,836
Assessed Value $1,141,500

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Microwave, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Oven
Interior Features:
Windows:
Basement: Y
Laundry: In Unit
Security: Security System

Construction & Materials

Year Built: 2014
Structure Type: Townhouse, Attached
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Central, Forced Air
Cooling: Central Air
Hot Water:
Water Source: Public, Individual Meter
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Garage Door Opener, Storage, Assigned, Exclusive Parking

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, T-Station, University

Location

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Neighborhood

Davis Square

41 Elmwood Street # 1, Somerville MA 02144

Somerville, MA 02144

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $986
Homeowners Insurance $200
HOA Fee $350/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

4.1%
Price Range
5
Total Days on Market

Property Timeline

Sold
Jun 1, 2016
$1,350,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Mar 10, 2016
$1,295,000
Original listing

Price & Status History

Date Event Price Change
Mar 10, 2016 New Listing Added $1,295,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$523

Tax History

Year Taxes Assessment
2016 $11,836 $1,141,500

Financial Details

Annual Property Tax
$11,836
Tax Year 2016
HOA Fee
$350
Monthly
Assessed Value
$1,141,500

Listing Information

Listing Agent Catherine Doyle
Listing Office WEICHERT, REALTORS® - Channing Real Estate
Agent MLS ID CN208727
Office MLS ID BB8121

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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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