16 Madison St Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $1,123,000 - $1,588,086
4
Beds
3
Baths
2,937
Sq Ft
$448/Sq Ft
Est. Value
About This Home
This home is located at 16 Madison St, Somerville, MA 02143 and is currently estimated at $1,315,522, approximately $447 per square foot. 16 Madison St is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and Bright Future Educare Center.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2011
Sold by
Est Susi Frank and Susi Rose
Bought by
Saini Rajminder and Saini Davinder
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
$330,000
Outstanding Balance
$227,955
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,087,567
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saini Rajminder | $440,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saini Rajminder | $330,000 |
Source: Public Records
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 | $13,224 | $1,212,100 | $545,500 | $666,600 |
| 2024 | $12,627 | $1,200,300 | $545,500 | $654,800 |
| 2023 | $11,956 | $1,156,300 | $545,500 | $610,800 |
| 2022 | $11,268 | $1,106,900 | $519,600 | $587,300 |
| 2021 | $10,647 | $1,044,800 | $494,800 | $550,000 |
| 2020 | $10,026 | $993,700 | $475,700 | $518,000 |
| 2019 | $9,243 | $859,000 | $413,700 | $445,300 |
| 2018 | $8,492 | $750,800 | $376,100 | $374,700 |
| 2017 | $8,348 | $715,300 | $354,800 | $360,500 |
| 2016 | $8,180 | $652,800 | $324,500 | $328,300 |
Source: Public Records
Map
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