NOT LISTED FOR SALE

16 Summit Ave Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,208,000 - $1,700,191

4 Beds
1.5 Baths
2,682 Sq Ft
$509/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2025

Last sale price $1,200,000 $447 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,492 / mo

5 Days on Market

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 2025

Bright 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

Jessica Mirabella

Coldwell Banker Realty - Lexington Listed on: 07/09/2025

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Shahani Real Estate Team

Compass

Compass

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,378

Year Built

Built in 1964

Lot Details

5,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1964
  • Year Built Details: Actual,Certified Historic
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Water Heater, Range, Dishwasher, Microwave
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom5 Level: Second
  • Room Bedroom5 Features: Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Recessed Lighting
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Picture
  • Basement: Finished, Interior Entry
  • Above Grade Finished Sq Ft: 1971
  • Below Grade Sq Ft: 711
  • Living Area: 2682
  • Spa YN: No
  • MAIN LO: AN6181
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: 757901
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5792
  • Lot Size Units: Acres
  • Property Attached YN: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 14378

Multi Family

  • Basement Included Sq Ft: Yes

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
$1,366,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,298
Avg. Annual Appreciation
20.69%
Original Mortgage
$1,400,000
Outstanding Balance
$1,393,905
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$27,607
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
16 Summit Avenue Llc $1,200,000 --
16 Summit Avenue Llc $1,200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open 16 Summit Avenue Llc $1,400,000
Closed 16 Summit Avenue Llc $1,400,000
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

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

    Seller's Agent in 2025

    Jessica Mirabella

    Coldwell Banker Realty - Lexington

    (781) 439-0940

    2 in this area

    8 Total Sales

    Jessica Mirabella
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73401557

MLS Property Information Network (MLS PIN)

APN: SOME-000072-C000000-000005

Massachusetts Middlesex County Somerville 02143 Prospect Hill

16 Summit Ave, Somerville, MA

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.