J
Seller's Agent in 2025
Jessica Mirabella
Coldwell Banker Realty - Lexington
(781) 439-0940
2 in this area
8 Total Sales
16 Summit Ave Somerville, MA 02143
Prospect Hill Neighborhood
4
Beds
1.5
Baths
2,682
Sq Ft
5,792
Sq Ft Lot
Highlights
- 0.13 Acre Lot
- Colonial Architecture
- Wood Flooring
- Somerville High School Rated A-
- Deck
- 4-minute walk to Prospect Hill Park
About This Home
As of September 2025Bright and spacious historic home in ideal location. Walking distance to Union Sq train station (0.5 mi) and bus routes. On the main level you will find an open floor plan consisting of a large living room with decorative fireplace, dining room , kitchen, half bath. The 2nd floor offers 4 generous sized bedrooms and a full bath. The basement is fully finished providing additional living space, laundry connections, and access to the fenced side yard. Large paved driveway for plenty of off street parking.
Last Agent to Sell the Property
Coldwell Banker Realty - Lexington Listed on: 07/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,378
Year Built
- Built in 1964
Lot Details
- 5,792 Sq Ft Lot
- Fenced
- Property is zoned RA
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Recessed Lighting
- Picture Window
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Interior Basement Entry
- Laundry in Basement
Parking
- 8 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- No Cooling
- Baseboard Heating
- Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 757901
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2025
Closed on
Sep 2, 2025
Sold by
Bonugli Planning T Est and Bonugli
Bought by
16 Summit Avenue Llc
Seller's Agent
Jessica Mirabella
Coldwell Banker Realty - Lexington
Buyer's Agent
Shahani Real Estate Team
Compass
List Price
$1,099,000
Sold Price
$1,200,000
Premium/Discount to List
$101,000
9.19%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,741
Avg. Annual Appreciation
9.93%
Original Mortgage
$1,400,000
Outstanding Balance
$1,397,582
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$168,841
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,200,000 | -- | |
| Deed | $1,200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | Purchase Money Mortgage | |
| Closed | $1,400,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Sold | $1,200,000 | +9.2% | $447 / Sq Ft |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $1,099,000 | -- | $410 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,378 | $1,317,900 | $680,300 | $637,600 |
| 2024 | $13,499 | $1,283,200 | $680,300 | $602,900 |
| 2023 | $12,721 | $1,230,300 | $680,300 | $550,000 |
| 2022 | $11,824 | $1,161,500 | $648,000 | $513,500 |
| 2021 | $11,296 | $1,108,500 | $617,100 | $491,400 |
| 2020 | $10,621 | $1,052,600 | $593,300 | $459,300 |
| 2019 | $10,412 | $967,700 | $516,000 | $451,700 |
| 2018 | $9,858 | $871,600 | $469,000 | $402,600 |
| 2017 | $9,310 | $797,800 | $442,500 | $355,300 |
| 2016 | $9,010 | $719,100 | $404,600 | $314,500 |
| 2015 | $8,922 | $707,500 | $402,400 | $305,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Mirabella
-
Shahani Real Estate Team
Buyer's Agent in 2025
Shahani Real Estate Team
Compass
(617) 216-1493
2 in this area
148 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73401557
APN: SOME-000072-C000000-000005
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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