Salem
REAL ESTATE
Report due soon: Many homes were ‘critically over-assessed’
The Board of Assessors is planning to release an outside audit confirming that some Marblehead neighborhoods were “critically over-assessed,” while others were undervalued in last year’s assessment, according to Chair John Kelley. The board meets again this Friday at noon. In January, many homeowners complained that their...
Condominium sells for $11 million in Boston
The spacious, recently built property located at 25 Beacon Street in Boston was sold on June 13, 2024. The $10,975,000 purchase price works out to $3,057 per square foot. The condominium, built in 2017, has an interior space of 3,590 square feet. The layout of this condo includes three bedrooms and four bathrooms. On the exterior, the home features a flat roof design. Inside, a fireplace enhances the ambiance of the living area. The property is equipped with forced air heating and a cooling system.
Four-bedroom home sells for $2.9 million in Cambridge
A 2,356-square-foot house built in 1909 has changed hands. The spacious historic property located at 212 Lexington Avenue in Cambridge was sold on May 8, 2024, for $2,850,000, or $1,210 per square foot. This two-story home presents a roomy floor plan, featuring four bedrooms and three bathrooms. On the exterior, the house is characterized by a gable roof design, featuring roofing made of asphalt. The property is equipped with forced air heating and a cooling system. In addition, the home features a covered four-car garage. The lot size of the property measures an impressive 6,597 square feet.
Duplex sells for $1.1 million in Somerville
A spacious historic two-unit house located at 55 Montrose Street in Somerville has new owners. The 2,320-square-foot property, built in 1900, was sold on June 3, 2024. The $1,132,000 purchase price works out to $488 per square foot. This three-story duplex features a total of six bedrooms and five baths. On the exterior, the house is characterized by a gable roof design, featuring roofing made of asphalt. There is a lone fireplace indoors. Additionally, the house features a one-car garage, ensuring secure parking and storage. The property sits on a 2,625-square-foot lot.
Sale closed in Boston: $4.1 million for a four-bedroom home
The spacious historic property located at 33 Pinckney Street in Boston was sold on June 13, 2024 for $4,125,000, or $1,394 per square foot. The house, built in 1890, has an interior space of 2,959 square feet. This four-story house offers a spacious layout with four bedrooms and five bathrooms. On the exterior, the house is characterized by a gable roof design, featuring roofing made of asphalt. Inside, a fireplace adds character to the home. The property is equipped with forced air heating and a cooling system. The lot of the property covers an area of 1,180 square feet.
Six-bedroom home in Newton Center sells for $3.5 million
A 3,320-square-foot house built in 1880 has changed hands. The spacious historic property located at 47 Hancock Avenue in Newton Center was sold on June 12, 2024, for $3,450,000, or $1,039 per square foot. This two-story house boasts a generous living space with six bedrooms and five bathrooms. On the exterior, the house is characterized by a hip roof design, featuring roofing made of slate. Inside, a fireplace enhances the ambiance of the living area. The property is equipped with hot water heating and a cooling system. In addition, the house provides a detached garage. The lot of the property covers a substantial area of 0.8-acre.
Housing Questionnaire: Newton for Everyone asked, candidates answered
Newton for Everyone sent the candidates in the Middlesex 11th and 12th district state representative races a questionnaire recently on housing, and now the housing advocacy group has published the candidates’ answers. The group created a very detailed web page on its site, with drop-down menus for questions and...
Developer inks Massport deal to build housing at former Boston Edison power plant
A developer has received the approval it needed from Massport to build a housing development at the former Boston Edison Power Station on Summer Street in South Boston. The power plant was situated on the 776 Summer St. site from 1898 until it was decommissioned in 2007. Massport officials voted...
Eight Watertown Homes Were Sold This Week
Several homes sold this week, including a four townhouses, 2 condos, and 2 single family house. 91 Pleasant St. UNIT 1, 3 bedroom 3 bathroom, 1,813 sq. ft. Townhouse, Sold: $896,000. 67 Bradford Road #2, 3 bedroom 3 bathroom 1,951 sq. ft. Condo, Sold: $1,149,000. 53 Dexter Ave. #53, 2...
Beacon Hills may help homeowners whose foundations are crumbling
BOSTON - Homeowners across the state who rallied on Beacon Hill asking for help to pay for their crumbling foundations may soon see some relief.Why are foundations crumbling?Thursday night, state senators approved an amendment to the Affordable Housing Act that will create a fund for Massachusetts residents whose foundations are failing. The problem is a natural mineral called pyrrhotite, which eventually causes concrete foundations to crumble - and insurance doesn't cover the costs. The state now mandates quarries to test their product for pyrrhotite."The next step is finding the best methods for funding this effort," State Sen. Peter Durant, R-Spencer,...
City of Somerville Announcing Resale of One (1) Affordable Home Ownership Opportunity at 9 Avon Place
SOMERVILLE – Mayor Katjana Ballantyne and the Somerville Office of Strategic Planning and Community Development. (OSPCD) are pleased to announce the income-restricted resale of one (1) 3-bedroom, 1.5-bathroom condominium. Located at 9 Avon Place, unit nine will be available to income-eligible households with a combined annual gross income at or below 80% of the Area.
Colliers Secures $62M Refi for East Boston Apt Community
Colliers has arranged a $62 million refinancing for Addison, a 230-unit apartment community in East Boston, MA. The Colliers team, including Jeffrey Black, Bryan Koop, Sean Burke, Kevin Phelan, and Matthew Lombardi, secured the loan on behalf of a joint venture between Redgate Capital Partners, North River Company, and ELV Associates, Inc. CrossHarbor Capital Partners provided the refinancing.
Alex Jablon talks housing, transparency and his dive into state politics
Alexander Jablon—political rookie and self-described “finance guy”—is running for state representative in the Middlesex 11th district on a platform of transparency and pragmatic progressivism. “I want to help as many people as possible,” Jablon said. At 28, Jablon sees his age as an advantage. “I’m...
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