16 Illinois Ave Somerville, MA 02145
East Somerville NeighborhoodEstimated Value: $1,035,000 - $1,331,000
4
Beds
2
Baths
2,223
Sq Ft
$544/Sq Ft
Est. Value
About This Home
This home is located at 16 Illinois Ave, Somerville, MA 02145 and is currently estimated at $1,208,867, approximately $543 per square foot. 16 Illinois Ave 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
May 3, 2010
Sold by
Martinez Mauricio and Raposo Reyna I
Bought by
Martinez Mauricio and Ruiz-Alarcon Yesenia M
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
$339,845
Outstanding Balance
$230,004
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$978,863
Purchase Details
Closed on
Jan 2, 2009
Sold by
Argueta Benjamin
Bought by
Martinez Mauricio and Raposo Reyna I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,652
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 2, 2005
Sold by
Caggiano Anthony and Caggiano Joseph
Bought by
Argueta Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,100
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Martinez Mauricio | -- | -- | |
Martinez Mauricio | $370,000 | -- | |
Argueta Benjamin | $532,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Martinez Mauricio | $339,845 | |
Previous Owner | Martinez Mauricio | $328,652 | |
Previous Owner | Argueta Benjamin | $359,100 |
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 | $10,521 | $964,300 | $484,900 | $479,400 |
2024 | $9,884 | $939,500 | $484,900 | $454,600 |
2023 | $9,867 | $954,300 | $484,900 | $469,400 |
2022 | $9,082 | $892,100 | $461,800 | $430,300 |
2021 | $8,788 | $862,400 | $455,500 | $406,900 |
2020 | $8,446 | $837,100 | $438,000 | $399,100 |
2019 | $7,502 | $697,200 | $363,300 | $333,900 |
2018 | $6,823 | $603,300 | $290,500 | $312,800 |
2017 | $6,546 | $560,900 | $274,100 | $286,800 |
2016 | $6,195 | $494,400 | $192,600 | $301,800 |
2015 | $6,155 | $488,100 | $191,500 | $296,600 |
Source: Public Records
Map
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