16 Franklin St Somerville, MA 02145
East Somerville NeighborhoodEstimated Value: $842,997 - $961,000
4
Beds
3
Baths
2,011
Sq Ft
$443/Sq Ft
Est. Value
About This Home
This home is located at 16 Franklin St, Somerville, MA 02145 and is currently estimated at $891,249, approximately $443 per square foot. 16 Franklin St is a home located in Middlesex County with nearby schools including Somerville High School, Prospect Hill Academy Upper Elementary Campus, and Bright Future Educare Center.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 3, 1997
Sold by
Ge Capital Mtg Svcs
Bought by
Ferreira Maria I
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 16, 1996
Sold by
Laffin Elaine R and Powley Stephen F
Bought by
Ge Capital Mtg Svc Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferreira Maria I | $99,000 | -- | |
| Ge Capital Mtg Svc Inc | $118,743 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ge Capital Mtg Svc Inc | $85,000 | |
| Closed | Ge Capital Mtg Svc Inc | $89,100 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,811 | $624,300 | $308,000 | $316,300 |
| 2024 | $6,509 | $618,700 | $308,000 | $310,700 |
| 2023 | $6,178 | $597,500 | $308,000 | $289,500 |
| 2022 | $5,819 | $571,600 | $293,400 | $278,200 |
| 2021 | $5,626 | $552,100 | $289,400 | $262,700 |
| 2020 | $5,301 | $525,400 | $278,300 | $247,100 |
| 2019 | $4,762 | $442,600 | $230,800 | $211,800 |
| 2018 | $4,223 | $373,400 | $184,600 | $188,800 |
| 2017 | $4,149 | $355,500 | $174,100 | $181,400 |
| 2016 | $3,602 | $287,500 | $122,300 | $165,200 |
Source: Public Records
Map
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