NOT LISTED FOR SALE

38 Otis St Unit 2 Somerville, MA 02145

East Somerville Neighborhood

Estimated Value: $605,000 - $803,000

4 Beds
1 Bath
1,285 Sq Ft
$545/Sq Ft Est. Value

About This Home

This home is located at 38 Otis St Unit 2, Somerville, MA 02145 and is currently estimated at $700,374, approximately $545 per square foot. 38 Otis St Unit 2 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
Oct 11, 2022
Sold by
Cambridge Somerville
Bought by
Powell Steven and Tourtellotte Laura
Current Estimated Value
$700,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,400
Outstanding Balance
$519,682
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,692

Purchase Details

Closed on
May 12, 2020
Sold by
Scimemi Madeline A
Bought by
Hoda Kashif and Arjun Dolly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.3%
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.

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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.

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First American

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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.

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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
Powell Steven $572,000 None Available
Hoda Kashif $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Steven $543,400
Previous Owner Hoda Kashif $324,000
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 $5,960 $546,300 $0 $546,300
2024 $5,631 $535,300 $0 $535,300
2023 $4,316 $417,400 $0 $417,400
2022 $4,089 $401,700 $0 $401,700
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02145 East Somerville

38 Otis St Unit 2, Somerville, MA

Not Listed for Sale

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