161 Elm Street, Unit 3

Somerville, Massachusetts 02144

$650,000

Dramatic, modern and light-filled penthouse condo in Davis Square!  This spectacular home offers jaw-dropping vaulted ceilings, sky-filled views, and a well-proportioned use of space.  It features hardwood flooring, skylights, and a smart floorplan with both open and private spaces that’s ideal for city living.  Enjoy a newly updated galley kitchen with an overhanging countertop that accommodates 4 stools, for the perfect way to stay connected while cooking and entertaining.  Both bedrooms offer two closets each, and the main bedroom includes a glass door out to a private deck for watching the neighborhood.  Other notable features include in-unit laundry and additional storage in the basement. You can’t beat this location, just a stone’s throw from the dynamic shops, and restaurants, and less than 1/2 mile to both the Davis Square and Porter Square red line MBTA stations.

Property Details

2 bedrooms

1 bathroom

735 SF

Showing Information

We are holding controlled open houses: showings are by appointment only.

Please call Lisa J. Drapkin or Jenn McDonald to arrange.


In an effort to follow COVID-19 protocols, please refer to the following showing instructions:

  • Please view the virtual tour and review all property information prior to scheduling a showing.

  • All visitors please wear masks and socially distance while in and on the property.

  • Visitors will be asked to use hand sanitizer or be given a fresh pair of gloves before entering the property.

  • Bathroom facilities may not be used.

  • All discussions about the property to take place outside so as to keep the interior visits as brief as possible.

None of these times work?

Additional Information:

Interior

  • Access this 3rd floor unit via the front entrance and staircase.  Once inside, stairs enter into the living room, where you’ll be greeted by stunning vaulted ceilings and an atmospheric sputnik style chandelier.

  • The vaulted ceiling in this main living space is accented by two remote-controlled skylights, a slim ceiling fan and modern track lights.  There are double sliding doors with a Juliet balcony, an impressive set of wall-mounted shelves with spotlights, and a large loft over the staircase. The loft is ideal for storage or could be a cozy bonus space with the addition of stairs or a ladder.

  • The kitchen has tall, honey-toned wood cabinets with crown moldings and brushed nickel hardware, brand-new quartz countertops and a white subway tile backsplash, an overhanging countertop that seats 4, a deep square sink with disposal, and a double drum light fixture overhead. Stainless steel appliances include a Frigidaire gas range, an Amana dishwasher, a Whirlpool microwave, and a GE side-by-side refrigerator.

  • The main bedroom has a large closet with 2 sets of doors, a skylight with remote-controlled blinds, and a glass door leading out to a private deck.

  • The second bedroom also has a large closet with 2 sets of doors, and a double window.

  • The bathroom has a combination tub/shower with travertine tile surround and glass doors, a porcelain sink with wood vanity, a mirrored medicine cabinet, a Toto toilet, and a frosted window for privacy.

  • Outside the bathroom is a large storage closet, which houses the extra-large capacity combination LG washer/dryer that is included in the sale.

  

Systems & Basement: 

  • Heating & Cooling: Forced hot air and central air conditioning is delivered through a gas-fired HVAC system that is controlled by a Nest programmable thermostat (2008).

  • Hot water:  40-gallon gas-fired hot water heater.

  • Electrical: 100 amps through circuit breakers.

  • Laundry: In-unit with an LG combination steam washer/dryer set.

  • Windows: Harvey thermopane tilt and wash style.

 

Exterior and Property: 

  • Exclusive use deck located off the main bedroom.

  • There is a landscaped common front yard to the left of the walkway as you face the house.

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

  • Roof is asphalt shingle (2008).

  • There is a dedicated storage area in the basement.

  • Parking: the Owner of 163 Elm Street, #1 is interested in renting one of their parking spots for $180/month.

 

Association & Financial Information: 

  • 6-unit association, with 100% owner occupancy.

  • The association is self-managed.

  • Beneficial interest is 13.46%.

  • Condo Fee: $113.52/month (as of November 2020). This covers Master Insurance, Common Electricity, Common Water & Sewer, Fire Alarm System, Landscaping, Snow Removal, and Capital Reserve.

  • Association Account: There was $11,317 in the association's bank account as of November 2020.

  • Tax Information: $1,527.95 (FY'21 with the residential exemption). 

  • Pets: up to 2 are allowed.

  • Leases must be for at least 3 months.

 

Additional Information:

  • Utility Costs: Average electricity bill is $136/month. Average gas bill is $30/month. Water and sewer cost is $836/year.

  • The association received an estimate for approximately $4,000 to repaint the fence and building trim and plans to complete the work this spring.

  • Note: the refrigerator ice maker works well but the water dispenser does not.

  • Ask agents for list of furniture available for sale.

  • Sellers would prefer to close on or after January 8, 2021.

  • The TV mount is included. The curtains are negotiable.

Listing Agents:

Lisa Drapkin, Managing Director, 617.930.1288

Jenn McDonald, Realtor, 857.998.1026