NOT LISTED FOR SALE

16 Summit St Somerville, MA 02144

Estimated Value: $1,288,000

4 Beds
2 Baths
2,522 Sq Ft
$511/Sq Ft Est. Value

About This Home

Rare Single Family Rental Opportunity in the Heart of Somerville! Conveniently Located in Prospect Hill, close to the Trendy Shops & Restaurants of Union Square and just minutes to Downtown Boston. Set back on a Quaint tree lined street, you'll love the Private Setting that this home has to offer. Don't be deceived by the modest exterior as this Home is Extremely Spacious and has been meticulously maintained! Some great features of this home include: 4 Generous Sized Bedrooms with brand new wall to wall carpet, Gleaming Hardwood Floors, Bright Eat in Kitchen, Stainless Steel Refrigerator, Large Bonus Room in Basement, Laundry, Off street parking for 4 vehicles and so much more! This property must be seen in person to be truly appreciated. Book your showing today! All Applicants 18+ are subject to 700+ credit and income verification. Tenant to pay a Broker Fee of 1 month rent. Please pardon our appearance while we get this home ready.

Range of Values:

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.

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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.

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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.

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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.

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
09/27/2020 09/27/20 Rented $3,900 -2.5% --
09/17/2020 09/17/20 Under Contract -- -- --
08/18/2020 08/18/20 For Rent $4,000 -- --

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
2022 $13,184 $1,262,400 $819,300 $443,100
2021 $13,029 $1,231,800 $813,400 $418,400
Source: Public Records

Agents Affiliated with this Home

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