NOT LISTED FOR SALE

16 Princeton St Somerville, MA 02144

Estimated Value: $1,148,000 - $1,329,747

4 Beds
2 Baths
2,049 Sq Ft
$618/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $685,000 $334 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,066/month

137 Days on Market

About This Home

As of April 2015

2 family residence in excellent condition after renovation in 1989, after a fire. It is located near Lowell st and near the future train station of the Green Line extention. The 2nd floor has 3 bedrooms, 2 large with great closet space and the third is a little smaller. The kitchen and living room is an open space. There is a closed porch and 2 sky lights. The electric panels are circuit breakers and are located inside the apartments. The heating units are Weil McLain and gas fired. Driveway for 3 cars on one side and paved entertaining area on the other side of the building. The basement is finished with tile floor a bath and a kitchen. At least the stove in the basement will have to be removed prior to closing. Subject to Seller finding home of their choice.

Last Agent to Sell the Property

Manuel Afonso

Ribeiro - Desousa Associate Listed on: 11/14/2014

Last Buyer's Agent

Lauren Holleran

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Apr 30, 2015
Sold by
Ferreira Jose A and Ferreira Adelina
Bought by
Lay Christopher J and Paintal Surjeet K
Seller's Agent
Manuel Afonso
Ribeiro - Desousa Associate
Buyer's Agent
Lauren Holleran
Gibson Sotheby's International Realty
List Price
$729,000
Sold Price
$685,000
Premium/Discount to List
-$44,000
-6.04%
Current Estimated Value
$1,265,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,687
Avg. Annual Appreciation
6.24%
Original Mortgage
$285,000
Outstanding Balance
$223,318
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$1,042,369

Purchase Details

Closed on
Jun 24, 1991
Sold by
Mahoney Michael F and Mahoney Gdn C T
Bought by
Ferreira Manuel A and Ferreira Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lay Christopher J $685,000 --
Ferreira Manuel A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lay Christopher J $285,000
Previous Owner Ferreira Jose A $125,000
Previous Owner Ferreira Jose A $75,500
Previous Owner Ferreira Manuel A $76,000
Previous Owner Ferreira Manuel A $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $685,000 -6.0% $334 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
11/14/2014 11/14/14 For Sale $729,000 -- $356 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $12,174 $1,115,900 $512,200 $603,700
2024 $11,375 $1,081,300 $512,200 $569,100
2023 $11,078 $1,071,400 $512,200 $559,200
2022 $10,356 $1,017,300 $487,800 $529,500
2021 $9,726 $954,500 $464,600 $489,900
2020 $9,177 $909,500 $446,800 $462,700
2019 $8,760 $814,100 $388,500 $425,600
2018 $8,235 $728,100 $353,200 $374,900
2017 $7,904 $677,300 $333,200 $344,100
2016 $6,948 $554,500 $304,700 $249,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71769117

MLS Property Information Network (MLS PIN)

APN: SOME-000034-A000000-000018