NOT LISTED FOR SALE

40 Cherry St Somerville, MA 02144

Porter Square Neighborhood

Estimated Value: $1,473,000 - $2,654,000

4 Beds
3 Baths
1,494 Sq Ft
$1,479/Sq Ft Est. Value

About This Home

Superb location for this 4 bed/1.5 bath right between Porter and Davis Square with lots of dining, nightlife and quick access to Red line T. Large eat-in-kitchen and separate living room with hardwood floors throughout. Laundry in basement, private rear deck and street parking with permit.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Tpm Properties Llc
Bought by
Mastouri Fatemeh and Kouchmeshky Babak
Current Estimated Value
$2,209,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Outstanding Balance
$1,458,616
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$751,203

Purchase Details

Closed on
Dec 12, 2019
Sold by
Silva Peter F and Silva Edward C
Bought by
Tpm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2019
Sold by
Silva Peter F
Bought by
Silva Peter F and Silva Edward C

Purchase Details

Closed on
May 14, 2018
Sold by
40 Cherry Street Llc
Bought by
Silva Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mastouri Fatemeh $2,300,000 None Available
Tpm Properties Llc -- None Available
Silva Peter F -- Quicksilva Title, Llc
Silva Peter F $1,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastouri Fatemeh $1,490,000
Previous Owner Tpm Properties Llc $1,425,000
Previous Owner Silva Peter F $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Off Market $5,000 -- --
01/19/2025 01/19/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $5,000 -- --
09/24/2024 09/24/24 For Rent $3,300 -34.0% --
08/31/2024 08/31/24 For Rent $5,000 -- --

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 $22,774 $2,087,400 $787,200 $1,300,200
2024 $19,704 $1,873,000 $787,200 $1,085,800
2023 $18,979 $1,835,500 $787,200 $1,048,300
2022 $18,099 $1,777,900 $749,800 $1,028,100
2021 $17,381 $1,705,700 $714,100 $991,600
2020 $16,471 $1,632,400 $640,800 $991,600
2019 $13,774 $1,280,100 $597,000 $683,100
2018 $11,817 $1,044,800 $542,800 $502,000
2017 $11,538 $988,700 $512,100 $476,600
2016 $10,065 $803,300 $390,300 $413,000
2015 $9,701 $769,300 $388,100 $381,200
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02144 Porter Square

40 Cherry St, Somerville, MA

Not Listed for Sale

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