NOT LISTED FOR SALE

29 Summit Ave Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,092,000 - $1,709,000

3 Beds
1 Bath
1,842 Sq Ft
$723/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $461,000 $250 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $7,886/month

26 Days on Market

About This Home

As of November 2012

This 8 room Colonial is located on one of Somerville's most architecturally pleasing streets. Near the top of Prospect Hill & convenient to highway, Union Sq. & Lechmere. Interior has some tasteful & simple renovations, including refinished hardwood/pine floors, & some updates to the kitchen & bathroom. Period details include high ceilings, & decorative moldings & mantel. Possibility to use the 3rd floor as 2 additional bedrooms or convert to a master suite. Cozy back yard. A pleasure to show.

Last Agent to Sell the Property

Michael Cohen

Compass Listed on: 08/29/2012

Compass

Last Buyer's Agent

Todd Zinn

Thalia Tringo & Associates Real Estate, Inc.

Home Details

Home Type

Single Family

Year Built

1887

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1887

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Park, Highway Access
  • Electric: Circuit Breakers
  • Flooring: Hardwood
  • Basement: Full, Bulkhead
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Heat Zones: 1
  • Hot Water: Oil
  • Utility Connections: for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2012
Closed on
Nov 14, 2012
Sold by
Dickerson David F Sr E
Bought by
Carpineto Julie and Clemenceau Philippe
Seller's Agent
Michael Cohen
Compass
Buyer's Agent
Todd Zinn
Thalia Tringo & Associates Real Estate, Inc.
List Price
$439,900
Sold Price
$461,000
Premium/Discount to List
$21,100
4.8%
Current Estimated Value
$1,325,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,786
Avg. Annual Appreciation
8.39%
Original Mortgage
$414,900
Outstanding Balance
$286,704
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$1,044,256
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Carpineto Julie $461,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpineto Julie $414,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $461,000 +4.8% $250 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $439,900 -- $239 / 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 $11,430 $1,047,700 $502,700 $545,000
2024 $10,701 $1,017,200 $502,700 $514,500
2023 $10,035 $970,500 $502,700 $467,800
2022 $9,309 $914,400 $478,800 $435,600
2021 $8,741 $857,800 $456,000 $401,800
2020 $8,202 $812,900 $438,400 $374,500
2019 $7,591 $705,500 $381,200 $324,300
2018 $7,172 $634,100 $346,600 $287,500
2017 $6,756 $578,900 $326,900 $252,000
2016 $6,567 $524,100 $299,000 $225,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Cohen

    Seller's Agent in 2012

    Michael Cohen

    Compass

    (617) 852-1160

    7 in this area

    52 Total Sales

    Michael Cohen
    Section Image

  • T

    Buyer's Agent in 2012

    Todd Zinn

    Thalia Tringo & Associates Real Estate, Inc.

    4 in this area

    32 Total Sales

    Todd Zinn
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71428071

MLS Property Information Network (MLS PIN)

APN: SOME-000072-D000000-000018

Massachusetts Middlesex County Somerville 02143 Prospect Hill

29 Summit Ave, Somerville, MA

Not Listed for Sale

Detached

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