NOT LISTED FOR SALE

16 Silvey Place Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,579,546 - $1,810,000

6 Beds
3 Baths
3,021 Sq Ft
$551/Sq Ft Est. Value

Last Sold November 06, 2012

Last sale price $687,000 $227 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $10,129/month

48 Days on Market

About This Home

As of November 2012

Great Location! 3 Family home in walking distance to both Porter and Davis Square. All units have front and back porches. Units 2&3 New Boilers Installed 2012, New Replacement Windows 2011 in 2nd and 3rd floor units. New rubber roof. Hardwood Floors Throughout Private Street without need for parking permits. Nice yard. Being sold in "as is" condition.

Last Agent to Sell the Property

Paula Fico

FICO Realty Group Listed on: 08/20/2012

Last Buyer's Agent

Paula Fico

FICO Realty Group Listed on: 08/20/2012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,353

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Level
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Park, Medical Facility
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Basement: Full, Walk Out

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Gutters
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Other (See Remarks)
  • Parking Spaces: 0

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2020
Sold by
Silva Mark J
Bought by
Silva Edward C and Silva Mark J
Current Estimated Value
$1,664,887

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

Listed on
Aug 20, 2012
Closed on
Nov 6, 2012
Sold by
Perkins Dennis
Bought by
Silva Mark
Seller's Agent
Paula Fico
FICO Realty Group
Buyer's Agent
Paula Fico
FICO Realty Group
List Price
$750,000
Sold Price
$687,000
Premium/Discount to List
-$63,000
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
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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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 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
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
11/06/2012 11/06/12 Sold $687,000 -8.4% $227 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $750,000 -- $248 / 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 $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

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Paula Fico

    FICO Realty Group

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71424417

MLS Property Information Network (MLS PIN)

APN: SOME-000038-B000000-000018

Massachusetts Middlesex County Somerville 02143 Spring Hill

16 Silvey Place, Somerville, MA

Not Listed for Sale

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