NOT LISTED FOR SALE

16 Silvey Place Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,558,510 - $1,699,000

2 Beds
3 Baths
9,999 Sq Ft
$162/Sq Ft Est. Value

About This Home

Photos may be of similar unit in same building. Virtual tour available upon request. All information is provided in good faith. Agent has not verified. Incoming tenant to use due diligence. The apartment(s) advertised may no longer be available for rental.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Silva Edward C and Silva Mark J
Bought by
Silva Realty 9 Llc
Current Estimated Value
$1,624,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,500,000
Outstanding Balance
$14,470,318
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
-$12,845,690

Purchase Details

Closed on
Feb 6, 2020
Sold by
Silva Mark J
Bought by
Silva Edward C and Silva Mark J

Purchase Details

Closed on
Jun 13, 2016
Sold by
Silva Realty 2 Llc
Bought by
Silva Mark J

Purchase Details

Closed on
Jul 25, 2014
Sold by
Silva Mark
Bought by
Silva Realty 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 6, 2012
Sold by
Perkins Dennis
Bought by
Silva Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,900
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2010
Sold by
Silvey Pl Rt and Gallinaro Catherine
Bought by
Perkins Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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
Silva Realty 9 Llc -- None Available
Silva Edward C -- None Available
Silva Mark J -- --
Silva Realty 2 Llc -- --
Silva Mark $687,000 --
Perkins Dennis $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Realty 9 Llc $15,500,000
Previous Owner Silva Realty 2 Llc $205,000
Previous Owner Silva Mark $480,900
Previous Owner Perkins Dennis $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Off Market $3,100 -- --
02/10/2025 02/10/25 Off Market $3,100 -- --
01/20/2025 01/20/25 For Rent -- -- --
01/19/2025 01/19/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $3,100 -- --
10/08/2024 10/08/24 Off Market $3,100 -- --
10/08/2024 10/08/24 Off Market $3,600 -- --
10/08/2024 10/08/24 Off Market $3,550 -- --
09/01/2024 09/01/24 For Rent $3,600 +1.4% --
09/01/2024 09/01/24 For Rent $3,550 +14.5% --
08/31/2024 08/31/24 For Rent $3,100 0.0% --
09/01/2023 09/01/23 For Rent $3,100 -- --

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 $16,353 $1,498,900 $541,300 $957,600
2024 $15,327 $1,456,900 $541,300 $915,600
2023 $14,959 $1,446,700 $541,300 $905,400
2022 $14,287 $1,403,400 $515,500 $887,900
2021 $13,730 $1,347,400 $491,000 $856,400
2020 $13,405 $1,328,500 $472,100 $856,400
2019 $12,503 $1,162,000 $410,500 $751,500
2018 $10,467 $925,500 $373,200 $552,300
2017 $10,229 $876,500 $352,100 $524,400
2016 $9,728 $776,400 $322,000 $454,400
2015 $9,136 $724,500 $320,200 $404,300
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02143 Spring Hill

16 Silvey Place, Somerville, MA

Not Listed for Sale

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