NOT LISTED FOR SALE

29 Summit Ave Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,254,515 - $1,688,000

3 Beds
1 Bath
1,842 Sq Ft
$791/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2012

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

Est. 216% increase in value since last sale

Current estimated payment $8,868 / mo

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

2,178 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2012
Closed on
Nov 14, 2012
Sold by
Bought by
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
$1,456,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$995,879
Avg. Annual Appreciation
8.76%
Original Mortgage
$414,900
Interest Rate
0.0339%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $560,000
Closed $200,000
Closed $100,000
Closed $414,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    49 Total Sales

    Michael Cohen
    Section Image

  • T

    Buyer's Agent in 2012

    Todd Zinn

    Thalia Tringo & Associates Real Estate, Inc.

    3 in this area

    23 Total Sales

    Todd Zinn
    Section Image
See All Agents

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

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
Your Personal Tour Guide

Ask me questions while you tour the home.