NOT LISTED FOR SALE

31 Lake St Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,888,526 - $2,288,000

3 Beds
3 Baths
2,859 Sq Ft
$706/Sq Ft Est. Value

About This Home

This home is located at 31 Lake St, Somerville, MA 02143 and is currently estimated at $2,017,132, approximately $705 per square foot. 31 Lake St is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2009
Sold by
Hockert Shawn A
Bought by
Elmorsi Miranda and Hockert Shawn A
Current Estimated Value
$2,017,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,893
Outstanding Balance
$276,624
Interest Rate
5.52%
Mortgage Type
FHA
Estimated Equity
$1,740,508

Purchase Details

Closed on
May 30, 2002
Sold by
Baionete Maria and Baionete Joao
Bought by
Hockert Shawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1995
Sold by
Piloto Clara M Est
Bought by
Baionete Maria and Baionete Joao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Elmorsi Miranda -- --
Hockert Shawn A $425,000 --
Baionete Maria $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmorsi Miranda $429,893
Previous Owner Hockert Shawn A $340,000
Previous Owner Baionete Maria $156,800
Previous Owner Baionete Maria $137,750
Source: Public Records

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 $17,893 $1,640,100 $598,000 $1,042,100
2024 $16,638 $1,581,600 $598,000 $983,600
2023 $15,428 $1,492,100 $598,000 $894,100
2022 $14,272 $1,402,000 $569,500 $832,500
2021 $10,480 $1,028,500 $542,400 $486,100
2020 $9,744 $965,700 $521,500 $444,200
2019 $8,873 $824,600 $442,900 $381,700
2018 $8,240 $728,600 $402,600 $326,000
2017 $7,915 $678,200 $364,700 $313,500
2016 $8,072 $644,200 $358,400 $285,800
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02143 Prospect Hill

31 Lake St, Somerville, MA

Not Listed for Sale

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.

Nearby Homes