116 School Street

Somerville, MA 02143

$975,000
Last Sold Price
4
Beds
2
Baths
2,375 Sq. Ft.
$411 / Sq. Ft.
2,375
Sq. Ft.
$411
per Sq. Ft.

Description

Open house 4/23 cancelled. Exceptional Italianate two-family just half a mile from the heart of Union Square. According to the Somerville Preservation Commission, the details in this home are "nothing short of wonderful." They include wood floors, high ceilings, double arched windows with a keystone motif, substantial baseboards, pedimented windows, and highly decorated interior moldings. The house has been rented for many years and needs work, but it doesn't take a lot of imagination to envision...Open house 4/23 cancelled. Exceptional Italianate two-family just half a mile from the heart of Union Square. According to the Somerville Preservation Commission, the details in this home are "nothing short of wonderful." They include wood floors, high ceilings, double arched windows with a keystone motif, substantial baseboards, pedimented windows, and highly decorated interior moldings. The house has been rented for many years and needs work, but it doesn't take a lot of imagination to envision the final product. New owners could live in one unit and rent the other, maintain the house as an investment property, or combine the two units into a substantial single-family home. Just four blocks to the new Gilman Square Green Line Station, expected to open in just a few months; also near the library, the Somerville Community Path, Bow Market, and Sarma (yum). Not much further afield you will find groceries, restaurants, local shops, Assembly Row, Inman Square, and easy access to I93.

Property Details for 116 School Street

Town
Somerville
Area
MA-Somerville
Garage Spaces
0
Parking Spaces
.00

Location

Add your commute
LISTING UPDATED: 08/06/2022 07:54 AM

Property Details for 116 School Street

StatusSold
MLS #72961915
Days on Market18
Taxes$8,528 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1880
CountyMiddlesex County

Location

Add your commute

Building Information for 116 School Street

Stories3Residences2Year Built1880Building Size-Lot Size0.07 AC / 3,200 SF

Payment Calculator

$6,032 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 School Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 2375.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: Yes
  • Fireplaces: 1
Exterior Features
  • Fencing: Fenced/Enclosed
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Heating: Unit 1(Steam, Gas), Unit 2(Forced Air, Oil)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Taxes listed are w/o residential exemption. Res exem for 2022 is $3659.64. One heating system is a "snowman" with asbestos insulation,wrapped by Eversource,age unknown. Other heating system is gas,27 years old. Roof is approximately 30 years old. Fireplace has not been used. No insulation.
Tax Information
  • Tax ID: M:51 B:C L:12,755240
  • Assessments: $837,700
  • Book: 15010
  • Tax Year: 2022
  • Zoning: RA
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 116 School Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 School Street

Taxable ValueLand$457,700Additions$431,800Total$889,500
Tax Record2024$9,358 ($780 / month)
Home Facts
Baths2Total Finished SqFt2,375 SqFtAbove Grade Finished SqFt2,375 SqFtStories3Lot Size3,200 SqFtStyleDuplexYear Built1880ZoningRACountyMIDDLESEXAPNSOME M:51 B:C L:12

Schools near 116 School Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Winter Hill Community School
PublicPK to 8

Somerville High School
Public9 to 12

Full Circle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.