NOT LISTED FOR SALE

16 Rhode Island Ave Unit 1 Somerville, MA 02145

East Somerville Neighborhood

Estimated Value: $1,039,000 - $1,283,254

3 Beds
2 Baths
1,500 Sq Ft
$769/Sq Ft Est. Value

About This Home

Welcome to this spacious multi-level apartment located in the vibrant city of Somerville, MA. As you step into the convenient foyer upon entry, you'll immediately feel at home. The second floor boasts a larger foyer, providing the perfect space for an office area. You'll also find a private deck with sliding doors, allowing you to enjoy the fresh air and soak up the sun. Hardwood floors throughout add a touch of elegance to the living and dining room, creating a warm and inviting atmosphere. The large pantry offers ample storage space for all your culinary needs. On the first floor, you'll discover an incredibly large full bathroom, providing convenience and comfort. In-unit laundry makes laundry day a breeze. Moving up to the third floor, you'll find three spacious bedrooms, perfect for creating your own personal oasis. An additional full bathroom on this floor ensures everyone has their own space. The high ceilings and recessed lighting add a touch of sophistication to the rooms.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
Leonard Matthew T
Bought by
Leonard Family Ret
Current Estimated Value
$1,152,814

Purchase Details

Closed on
Dec 30, 2011
Sold by
Us Bank Na
Bought by
Leonard Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2006
Sold by
Lemus Juan Arevalo
Bought by
Ramirez Juana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
16 Ri Avenue Nt and Tranquillo Nicholas
Bought by
Lemus Juan Arevalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2004
Sold by
Guinancio Isreal and Tranquillo Nicholas
Bought by
16 Ri Avenue Nt and Tranquillo Nicholas

Purchase Details

Closed on
Feb 27, 2004
Sold by
16 Ri Rt and Sennott Donna
Bought by
Guinancio Israel and Tranquillo Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2003
Sold by
Es Marchant S Virginia
Bought by
16 Rhode Island Rt and Sennott Donna
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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
Leonard Family Ret -- None Available
Leonard Matthew $380,000 --
Ramirez Juana A -- --
Lemus Juan Arevalo $589,000 --
16 Ri Avenue Nt -- --
Guinancio Israel $410,000 --
16 Rhode Island Rt $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonard Matthew $80,000
Previous Owner Leonard Matthew $75,000
Previous Owner Leonard Matthew $342,000
Previous Owner Ramirez Juana A $632,000
Previous Owner Lemus Juan Arevalo $489,000
Previous Owner Lemus Juan Arevalo $100,000
Previous Owner Guinancio Israel $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Rented $3,300 0.0% --
11/02/2023 11/02/23 For Rent $3,300 -- --

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 $10,625 $973,900 $375,500 $598,400
2024 $10,133 $963,200 $375,500 $587,700
2023 $9,935 $960,800 $375,500 $585,300
2022 $9,367 $920,100 $357,600 $562,500
2021 $9,006 $883,800 $352,700 $531,100
2020 $8,465 $838,900 $339,200 $499,700
2019 $8,023 $745,600 $281,300 $464,300
2018 $7,001 $619,000 $225,000 $394,000
2017 $6,895 $590,800 $212,200 $378,600
2016 $6,190 $494,000 $149,100 $344,900
2015 $6,180 $490,100 $148,300 $341,800
Source: Public Records

Agents Affiliated with this Home

  • Zachary Hall

    Seller's Agent in 2023

    Zachary Hall

    Dependable Real Estate, Inc

    (617) 553-4717

    2 Total Sales

    Zachary Hall
    Section Image

  • B

    Buyer's Agent in 2023

    Bernice Osborne

    Keller Williams Realty

    (617) 201-6776

    87 Total Sales

    Bernice Osborne
    Section Image
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Map

Massachusetts Middlesex County Somerville 02145 East Somerville

16 Rhode Island Ave Unit 1, Somerville, MA

This home is located at 16 Rhode Island Ave Unit 1, Somerville, MA 02145 and is currently estimated at $1,152,814, approximately $768 per square foot. 16 Rhode Island Ave Unit 1 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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