NOT LISTED FOR SALE

237 Highland Ave Somerville, MA 02143

Estimated Value: $2,479,357

6 Beds
4 Baths
6,020 Sq Ft
$412/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $1,435,200 $238 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $13,812/month

170 Days on Market

About This Home

As of August 2016

Minutes to Davis Square. Rare opportunity for this a mixed use property 3 residential and 1 store front with a solid income. Owner has maintained property almost 20 years with many upgrades. Two back decks. Located right on the bus line close to train, shops and restaurants. Top units used as 1-2 bedrooms

Last Agent to Sell the Property

Lorrie Gould

Lorrie Gould Real Estate LLC Listed on: 12/27/2015

Last Buyer's Agent

Lorrie Gould

Lorrie Gould Real Estate LLC Listed on: 12/27/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2015
Closed on
Aug 25, 2016
Sold by
237 Highland T
Bought by
237 Highland Llc
Seller's Agent
Lorrie Gould
Lorrie Gould Real Estate LLC
Buyer's Agent
Lorrie Gould
Lorrie Gould Real Estate LLC
List Price
$1,550,000
Sold Price
$1,435,200
Premium/Discount to List
-$114,800
-7.41%
Current Estimated Value
$2,479,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,044,157
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,076,400
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1997
Sold by
Christo Marin B
Bought by
237 Highland T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
237 Highland Llc $1,435,200 --
237 Highland T $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 237 Highland Llc $1,540,000
Closed 237 Highland Llc $1,239,000
Closed 237 Highland Llc $1,076,400
Previous Owner Vicente Tr Aderito $438,400
Previous Owner 237 Highland T $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $1,435,200 -7.4% $238 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $1,550,000 0.0% $257 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/27/2015 12/27/15 For Sale $1,550,000 -- $257 / Sq Ft
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 -- $1,833,200 $464,800 $1,368,400
2024 -- $1,791,500 $464,800 $1,326,700
2023 $0 $1,760,200 $464,800 $1,295,400
2022 $0 $1,706,700 $442,700 $1,264,000
2021 $0 $1,622,900 $421,600 $1,201,300
2020 $0 $1,528,400 $405,400 $1,123,000
2019 $0 $1,475,500 $352,500 $1,123,000
2018 $0 $1,271,100 $320,500 $950,600
2017 -- $974,700 $302,300 $672,400
2016 -- $859,200 $276,500 $582,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71943672

MLS Property Information Network (MLS PIN)

APN: SOME-000034-E000000-000045