Sold for $1,500,000

$1,500,000

53 Lowden Ave, Somerville, MA 02144

5beds

3,244sqft

3 Family - 3 Units Up/Down

Built in 1902

-- sqft lot

$1,521,400 Zestimate^®

$462/sqft

$3,310 Estimated rent

Home value

$1,521,400

$1.29M - $1.80M

$3,310/mo

Zestimate^® history

Owner options

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$3,310/mo

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$3,310/mo

Rent Zestimate^®

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$9,383/mo

Est. payment

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$9,383/mo

Est. payment

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What's special

Basement laundry facilitiesUpdated kitchenCommon backyard

OPEN HOUSES CANCELED. OFFER ACCEPTED. WOW!! AMAZING LOCATION IN WEST SOMERVILLE! 3-FAMILY OPPORTUNITY! Situated in Ball Square, this property is a commuter's dream house & has been in the same family for over 70 years. A quick walk to Davis & Ball Squares as well as Tufts University, Red & Greenline T stations. 1st & 2nd units each boast 2 bedrooms, dining room, living room, bath as well as front & back decks. The 3rd unit is equipped w/ 1BR, LR & updated kitchen. The 1st unit is vacant as of 4/1, ready for owner occupied buyers or adding income producing tenants & 2nd unit will be vacant 6/30. 3rd unit lease expires 8/31. Common backyard is great for outdoor gatherings, 2 car garage + 4 car parking are incredible perks in city living. 1st FL unit & basement laundry facilities provide added rent values Whether searching for an investment property or owner occupied, this is it! This property is an excellent source of revenue for investor or owner-occupied buyer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Steam, Oil, Individual, Unit Control, Hot Water

Cooling

None

Appliances

Included: Washer, Dryer, Oven, Range, Refrigerator, Dishwasher, Microwave, Range Hood
Laundry: Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup

Features

Storage, Laundry Room, Ceiling Fan(s), Bathroom With Tub & Shower, Pantry, Upgraded Cabinets, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
Flooring: Tile, Vinyl, Laminate, Hardwood, Wood
Doors: Storm Door(s)
Windows: Stained Glass Window(s), Insulated Windows
Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,244
Total interior livable area: 3,244 sqft

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street, Paved
Garage spaces: 2
Uncovered spaces: 4

Features

Patio & porch: Porch, Deck, Deck - Wood, Deck - Composite
Exterior features: Rain Gutters
Fencing: Fenced

Lot

Size: 4,037 sqft
Features: Level

Details

Foundation area: 9999999
Parcel number: 750192
Zoning: RA

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Brick, Stone
Foundation: Block, Brick/Mortar
Roof: Shingle

Condition

Year built: 1902

Utilities & green energy

Electric: Circuit Breakers, Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University

Location

Region: Somerville

HOA & financial

Other financial information

Total actual rent: 6900

Other

Other facts

Listing terms: Contract

Price history

Date	Event	Price
5/30/2024	Sold	$1,500,000+0%$462/sqft
Source: MLS PIN #73221280 Report a problem
4/8/2024	Listed for sale	$1,499,900$462/sqft
Source: MLS PIN #73221280 Report a problem
3/21/2020	Listing removed	$2,500$1/sqft
Source: Zillow Rental Manager Report a problem
2/19/2020	Listed for rent	$2,500$1/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,825 +5.8%	$1,358,800 +2%
2024	$14,009 +2.2%	$1,331,700 +0.4%
2023	$13,712 +5.2%	$1,326,100 +3.6%
2022	$13,035 +5%	$1,280,500 +5.1%
2021	$12,419 +4%	$1,218,700 +2.9%
2020	$11,946 +5.3%	$1,183,900 +12.3%
2019	$11,345 +7.9%	$1,054,400 +13.4%
2018	$10,517 +1.6%	$929,900 +4.9%
2017	$10,349 -0.3%	$886,800 +7%
2016	$10,380	$828,400