161 Elm Street, Unit 1

Somerville, Massachusetts 02145

$925,000

Enjoy two levels of living, amazing private outdoor space, 1-car parking, and modern amenities in the thriving Davis Square neighborhood! This 2-bed, 2-bath condo features central air, a primary bedroom with ensuite bath, in-unit laundry, and plentiful storage. The first level features oak hardwood flooring, high ceilings, and large windows throughout. An inviting kitchen includes handsome wood cabinetry, granite counters and a sit-up counter that accommodates 3 stools, for the perfect way to stay connected.  This central area includes an open dining room with sliding doors out to a surprisingly large patio and exclusive use yard. A finished lower-level flexes as a den or primary bedroom with two generous closets, an ensuite bathroom, and a laundry room. You can’t beat this location, just a stone’s throw from the exciting restaurants and shops, and only ½ mile to both the Davis Square and Porter Square red line MBTA stations. 


Property Details

2 bedrooms

2 bathrooms

1,459 SF


 
 

Showing Information

If you need to schedule an appointment at a different time, please call Lisa J. Drapkin (617.930.1288) or Jenn McDonald (857-998-1026) and they can schedule an alternative showing time.


Thursday, June 23rd

Saturday, June 25th

Sunday, June 26th

11:30 AM - 1:00 PM

12:00 PM - 1:30 PM

12:30 PM - 2:00 PM



Additional Information

  • Living Area: 1,459 interior sf

  • 5 Rooms, 2 Bedrooms, 2 Baths

  • Year Built: 1885

  • Year Converted: 2008

  • Condo Fee: $272.82/month 

Interior:

  • The front door opens into a landing zone, surrounded by an open kitchen and dining area. The condo features high ceilings, oak hardwood floors and large windows.

  • The kitchen has tall, honey-toned wood cabinets with crown moldings and brushed nickel hardware, granite countertops, a white glass tile backsplash, an overhanging countertop that seats 3, a deep stainless-steel sink with disposal, and frosted glass track lighting overhead. Stainless steel appliances include a Frigidaire gas range and microwave, an Amana dishwasher, and a GE side-by-side refrigerator.

  • An ample dining area is adjacent to the kitchen, and has a wrought iron chandelier, and sliding glass doors lead directly out to the private patio and yard.

  • The current homeowners use the front bedroom as their living room. It has a double-wide closet, and a bay window overlooking the front yard.

  • A full bathroom sits between the dining room and the second bedroom.  It has beige ceramic tile floors, a combination tub and shower with matching tile, a wooden vanity with white porcelain sink, chrome fixtures, and a glass shelf. The shelved closet provides for a significant amount of toiletry storage.

  • The second bedroom sits to the rear of the property and includes 4 large windows and a generous closet. 

  • Head downstairs to an expansive, finished lower level. Currently used as a primary bedroom, the spacious getaway features beige tiled floors, recessed lights, two generous closets with built-in closet organizers, as well as an ensuite bathroom and laundry room. 

  • The bathroom has a large walk-in shower with tumbled tile, a white beadboard vanity with granite top, a glass shelf, and a mirror.

  • A large storage closet houses a stacking Whirlpool Duet washer and electric dryer set, that are included in the sale. There is space for additional storage, and a second interior closet houses the HVAC system.

Systems & Basement: 

  • Heating & Cooling: Forced hot air and central air is delivered through a gas-fired American Standard HVAC system (new in 2017) that is controlled by a Nest programmable thermostat.

  • Hot water:  Rheem 40-gallon gas-fired hot water heater (new in 2014).

  • Electrical: 100 amps through circuit breakers.

  • Windows: Harvey thermopane tilt and wash style.

  • Fire suppression system includes sprinklers. Note that most insurance companies will provide a discount on Homeowner’s insurance with these systems in place.

Exterior and Property: 

  • Exclusive use, fenced in paved patio, and yard with irrigation system.

  • Exterior is a combination of Hardie Plank (3 sides) and clapboard (left side) siding. 

  • Roof is asphalt shingle (2008). 

  • There is a dedicated storage area in the basement.

  • A radon mitigation system is in place.

  • Parking: 1 driveway spot sits adjacent to the patio.

Association & Financial Information: 

  • 6-unit association, 5 are owner-occupied (83%). 

  • The association is self-managed.

  • Beneficial interest is 25.88%.

  • Condo Fee: $272.82/month (as of June 2022). This covers Master Insurance, Common Electricity, Common Water & Sewer, Fire Alarm System, Landscaping, Snow Removal, and Capital Reserve. 

  • Association Account: There was $5,838 in the association's bank account as of June 2022. 

  • Tax Information: $8,198.19 FY'22 without the residential exemption. If the property were owner-occupied and the Residential Exemption was applied for, taxes would be discounted by $3,659.

  • Pets: up to 2 are allowed.

  • Leases must be for at least 3 months.

Additional Information:

  • Utility Costs: Average electricity bill is $230/month. Average gas bill is $90/month. Average water & sewer bill is $696/quarter (Note that the water meter was replaced by the City of Somerville this year as the last 2 bills were higher than normal).

  • The association is exploring replacing the fence around the perimeter. They have received estimates for approximately $22,000 to $25,000 to replace the fence around the perimeter of the property and they are seeking additional estimates. It is unclear when the work will get done.

  • Sellers would prefer to close on or after August 12th.

Listing Agents:

Lisa J. Drapkin, Managing Director, 617.930.1288

Jenn McDonald, Sales Associate, 857.998.1026