3 months on rocket

101 Gibbs St, Somerset, MA, 02726

$649,000

Home List Price

$7,707*

Closing Credit

4 Bedrooms
3 Full Baths
2,040 SqFt
$318/SqFt
House

Location

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101 Gibbs St, Somerset$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Paved Drive, Off Street
Attached Garage2 spaces
Year Built1972
HeatingBaseboard, Natural Gas, Fireplace(s)
CoolingCentral Air, Other
BasementYes
WaterfrontBeach
FireplaceLiving Room
MLS #73288901
Lot Size0.81 Acres
StatusActive

About 101 Gibbs St

Nestled in an accessible yet, quiet neighborhood, this spacious raised ranch offers 2000 sq ft living space and additional full finished in law. Total of 4 bedrooms, 3 full baths, 2 kitchens. Living room off the foyer and great room are separated by a double sided fireplace to cozy up next to in the coming winter months. Open kitchen and dinning room both have access to large outside balcony where you can view and appreciate the oversized lot. Underneath the balcony is a patio area for relaxation. Central air condition on main level. The In-law features open living area, with office space, custom book shelves and wet bar, 2nd kitchen, dinning room & laundry room with access to patio. Property includes a stone wall and gate for a closed in back yard, as well as its own basketball/tennis court. The two car garage will ensure no cleaning snow off your car either! A diamond waiting for your personal touch.

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Ranch
  • Year Built: 1972
  • Living Area: 2,040 SqFt

Listing Office:

  • Office Name: Majestic Real Estate
  • Office Phone: (774) 357-5302
  • Listing Agent: Beverly Tavares

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Vinyl, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Laminate
  • Interior: Bathroom - Full, Closet, Dining Area, Wet bar, In-Law Floorplan, Kitchen, Great Room, Wet Bar, Other
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • Exterior: Deck, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.81 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Fireplace(s)
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: County St to Gibbs

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $318/SqFt

Tax Information:

  • Annual Amount: $6,242
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Somerset, MA.

Med. Sold Price

$472.5K

Med. Price/SqFt

$319

Avg. Days On Market

37

# of Sold Homes

19

101 Gibbs St vs Somerset

101 DAYS ON ROCKET

+64 Days

$649,000

+$176.5K More

$318/SqFt

-$1 Less

KEY TAKEAWAY

This property is $176.5K more than the Median Sold Price and $1/SqFt less than other homes in Somerset, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73288901

Listing Office:

  • Office Name: Majestic Real Estate
  • Office Phone: (774) 357-5302
  • Listing Agent: Beverly Tavares

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,242$425,200
2020$6,283$412,800
2019$7,039$385,700
2018$6,263$369,300
2017$6,226$357,800

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-815871
8
/10
  • Chace Elementary School

  • 538 Chace St

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-815872
6
/10
  • North Elementary School

  • 580 Whetstone Hill Rd

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-815873
8
/10
  • South Elementary School

  • 700 Read St

  • 2.13 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,973. The most common annual income of people living in Somerset, MA is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 101 Gibbs St

What is the listing price of this property?

The listing price of 101 Gibbs St property is $649,000.

What type of property is this?

The property 101 Gibbs St is a house located in Somerset, Massachusetts, 02726.

Is this property for sale now?

Active Listing: 101 Gibbs St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,242 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 101 Gibbs St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 101 Gibbs St is 2,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 101 Gibbs St is 1972.

Rocket Homes›Massachusetts›Bristol County›Somerset›02726›101 Gibbs St

This home is located at 101 Gibbs St in Somerset, MA and zip code 02726. This 2,040 square foot home, which was built in 1972, sits on a 0.81 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $649,000.

In November 2024 more than 5 listings in Somerset, MA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 9 were sold below. Between October 2024 and November 2024, Somerset, MA real estate market has seen decrease in the number of listings by 3.6%. In November 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $472,500.

From Rocket Homes Real Estate and based on county public records data.

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