Seller's Agent in 2022
Kelly Bruno
Compass
(617) 429-5857
1 in this area
24 Total Sales
207 Highland Ave Somerville, MA 02143
Estimated Value: $1,167,000 - $2,500,750
5
Beds
2
Baths
2,590
Sq Ft
$615/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Porch
- Somerville High School Rated A-
- Jogging Path
- 4-minute walk to Albion Park
About This Home
As of March 2022Attention savvy investors and owner-occupants alike! This well-maintained multi-family home in Spring Hill is ready for new owners, and a perfect addition to your portfolio. As you first pull up, you'll notice a highly coveted 3-car garage with three additional driveway spots! The owner's unit boasts three bedrooms, an additional study, and one bathroom. The first-floor layout consists of four rooms, two bedrooms, and one bathroom. The first floor has current tenants in place, paying fair-market rents! Ideal commuters location being on a bus line, less than a mile from Davis and Porter Squares, and only .3 miles from the Lowell Street Green-Line stop coming this spring/summer! This property is being sold as-is and is priced to sell! Schedule a showing quickly as it will not last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,136
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Fenced
Parking
- 3 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,590 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating Available
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Total Actual Rent $2,000
- Rent includes unit 1(water)
- Assessor Parcel Number M:42 B:F L:29,753734
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $24,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2025
Sold by
207 Highland Realty Llc
Bought by
Sherman Jeffrey and Winn Olivia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Outstanding Balance
$855,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$744,857
Purchase Details
Closed on
Feb 21, 2025
Sold by
207 Highland Realty Llc
Bought by
Shrestha Ashish
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2013
Sold by
Hanson Rodman W
Bought by
Hanson Mark W
Purchase Details
Closed on
Jan 19, 1965
Bought by
Hanson Rodman W
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherman Jeffrey | $1,155,000 | None Available | |
| Shrestha Ashish | $1,330,000 | None Available | |
| Shrestha Ashish | $1,330,000 | None Available | |
| Hanson Mark W | -- | -- | |
| Hanson Mark W | -- | -- | |
| Hanson Rodman W | $17,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sherman Jeffrey | $855,000 | |
| Previous Owner | Shrestha Ashish | $997,500 | |
| Previous Owner | 207 Highland Realty Llc | $1,925,000 | |
| Previous Owner | 207 Highland Realty Llc | $1,585,000 | |
| Previous Owner | Hanson Dorothy M | $17,000 | |
| Previous Owner | Hanson Rodman W | $13,366 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2022 03/21/22 | Sold | $1,020,000 | +3.1% | $394 / Sq Ft |
| 01/18/2022 01/18/22 | Pending | -- | -- | -- |
| 01/12/2022 01/12/22 | For Sale | $989,000 | -- | $382 / 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 | $14,808 | $1,357,300 | $499,900 | $857,400 |
| 2024 | $9,808 | $932,300 | $499,900 | $432,400 |
| 2023 | $9,388 | $907,900 | $499,900 | $408,000 |
| 2022 | $8,842 | $868,600 | $476,100 | $392,500 |
| 2021 | $8,136 | $798,400 | $453,400 | $345,000 |
| 2020 | $7,682 | $761,300 | $436,000 | $325,300 |
| 2019 | $7,096 | $659,500 | $379,100 | $280,400 |
| 2018 | $6,631 | $586,300 | $344,600 | $241,700 |
| 2017 | $6,510 | $557,800 | $325,100 | $232,700 |
| 2016 | $6,437 | $513,700 | $297,400 | $216,300 |
| 2015 | $6,435 | $510,300 | $295,800 | $214,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Michael Cohen
Compass
(617) 852-1160
5 in this area
55 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72933362
APN: SOME-000042-F000000-000029
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.
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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