27 Gilman Terrace Unit 1 Somerville, MA 02145
Winter Hill NeighborhoodEstimated Value: $1,129,000 - $1,265,261
2
Beds
1
Bath
800
Sq Ft
$1,524/Sq Ft
Est. Value
About This Home
This home is located at 27 Gilman Terrace Unit 1, Somerville, MA 02145 and is currently estimated at $1,219,315, approximately $1,524 per square foot. 27 Gilman Terrace Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, Prospect Hill Academy Upper Elementary Campus, and Bright Future Educare Center.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 3, 2025
Sold by
Reardon Robert J and Reardon Betsey A
Bought by
Craven-Brightman Lincoln and Zhang Faye
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
$985,600
Outstanding Balance
$985,600
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$233,715
Purchase Details
Closed on
Aug 8, 1983
Bought by
Reardon Robert J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Craven-Brightman Lincoln | $1,232,000 | -- | |
| Reardon Robert J | $71,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Craven-Brightman Lincoln | $985,600 | |
| Previous Owner | Reardon Robert J | $204,500 | |
| Previous Owner | Reardon Robert J | $140,700 |
Source: Public Records
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 | $10,015 | $918,000 | $351,700 | $566,300 |
| 2024 | $9,552 | $908,000 | $351,700 | $556,300 |
| 2023 | $8,998 | $870,200 | $351,700 | $518,500 |
| 2022 | $8,484 | $833,400 | $335,000 | $498,400 |
| 2021 | $8,048 | $789,800 | $319,000 | $470,800 |
| 2020 | $7,566 | $749,900 | $306,800 | $443,100 |
| 2019 | $6,618 | $615,100 | $260,400 | $354,700 |
| 2018 | $6,200 | $548,200 | $251,100 | $297,100 |
| 2017 | $6,066 | $519,800 | $234,200 | $285,600 |
| 2016 | $5,805 | $463,300 | $202,500 | $260,800 |
| 2015 | $5,537 | $439,100 | $180,600 | $258,500 |
Source: Public Records
Map
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