NOT LISTED FOR SALE

2 Village Terrace Unit 3 Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $846,000 - $1,080,000

2 Beds
2 Baths
889 Sq Ft
2014 Built

About This Home

As of June 2017

This bright, spacious, well laid out and modern 2 Bed 1.5 Bath is incredibly located in Somerville Between Union Square, Porter Square Near Inman Square and Harvard. The condo features a modern kitchen with stainless steel and bright white cabinets to highlight the brightness of the unit. Both baths are modern and feature modern newer plumbing fixtures and modern tile. Hardwood floors throughout the unit add to the seamless flow the this great home. The unit has electronic access [via a security app] through the front door as well as a smart wifi home thermostat (Nest). The condo also features property wide electronic security.

Last Agent to Rent the Property

Richard Karp

Cameron Real Estate Group Listed on: 05/15/2017

Cameron Real Estate Group

Last Renter's Agent

Brett Mensinger

Corcoran Property Advisors

Corcoran Property Advisors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,902

Year Built

2014

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • Last Month Req: Yes
  • References Req: Yes
  • Rental Terms: Lease
  • Rent Includes: Snow Removal, Parking
  • Security Deposit: 2700.00
  • Term Of Rental: 12
  • Unit In Building: 3
  • Unit Level: 1
  • Year Round: Yes
  • Rental Type: Condominium

Listing Details

  • Property Class: Rental
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2014

Interior Features

  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Lo: NB4228
  • Main So: AN2383
  • Estimated Sq Ft: 889.00

Exterior Features

  • Exterior Features: Patio

Garage/Parking

  • Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Air Conditioner: Yes

Condo/Co-op/Association

  • Condo Association: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2022
Sold by
Lei Xiaoyu
Bought by
Becker Kaitlyn P
Current Estimated Value
$916,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$443,713
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$473,205

Purchase Details

Closed on
Apr 9, 2014
Sold by
Village Terrace Llc
Bought by
Lei Xiaoyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

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.

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

Date Buyer Sale Price Title Company
Becker Kaitlyn P $825,000 None Available
Lei Xiaoyu $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Kaitlyn P $465,000
Previous Owner Lei Xiaoyu $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Under Contract -- -- --
06/07/2017 06/07/17 Price Changed $2,600 0.0% $3 / Sq Ft
06/01/2017 06/01/17 Rented $2,600 -3.7% --
05/15/2017 05/15/17 For Rent $2,700 -- --
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 $7,902 $724,300 $0 $724,300
2024 $7,508 $713,700 $0 $713,700
2023 $7,380 $713,700 $0 $713,700
2022 $6,882 $676,000 $0 $676,000
2021 $6,888 $676,000 $0 $676,000
2020 $6,534 $647,600 $0 $647,600
2019 $6,156 $572,100 $0 $572,100
2018 $6,520 $576,500 $0 $576,500
2017 $5,876 $503,500 $0 $503,500
2016 $5,303 $423,200 $0 $423,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2017

    Richard Karp

    Cameron Real Estate Group

    3 Total Sales

    Richard Karp
    Section Image

  • B

    Tenant's Agent in 2017

    Brett Mensinger

    Corcoran Property Advisors

    (609) 425-5084

    1 in this area

    58 Total Sales

    Brett Mensinger
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72168871

MLS Property Information Network (MLS PIN)

APN: SOME-000053-C000000-000005-000003

Massachusetts Middlesex County Somerville 02143 Spring Hill

2 Village Terrace Unit 3, Somerville, MA

This home is located at 2 Village Terrace Unit 3, Somerville, MA 02143 since 15 May 2017 and is currently priced at $916,918. This property was built in 2014. 2 Village Terrace Unit 3 is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.

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