NOT LISTED FOR SALE

40 Highland Ave Unit 8 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $706,000 - $850,000

2 Beds
1 Bath
1,370 Sq Ft
$553/Sq Ft Est. Value

About This Home

This home is located at 40 Highland Ave Unit 8, Somerville, MA 02143 and is currently estimated at $757,247, approximately $552 per square foot. 40 Highland Ave Unit 8 is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Upper Elementary Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2025
Sold by
Ricardo Patricia and Newrez Llc
Bought by
D Development Group Llc
Current Estimated Value
$757,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,500
Outstanding Balance
$401,143
Interest Rate
6.58%
Mortgage Type
Commercial
Estimated Equity
$356,104

Purchase Details

Closed on
May 16, 2007
Sold by
40-42 Highland Avenue and 40-42 Kaufman
Bought by
Ricardo Patricia and Ricardo William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.18%
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
D Development Group Llc $356,000 --
Ricardo Patricia $220,000 --
Ricardo Patricia $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D Development Group Llc $401,500
Previous Owner Ricardo Patricia $176,000
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 $6,138 $562,600 $0 $562,600
2024 $5,662 $538,200 $0 $538,200
2023 $5,495 $531,400 $0 $531,400
2022 $5,251 $515,800 $0 $515,800
2021 $5,147 $505,100 $0 $505,100
2020 $4,843 $480,000 $0 $480,000
2019 $4,675 $434,500 $0 $434,500
2018 $4,930 $435,900 $0 $435,900
2017 $4,757 $407,600 $0 $407,600
2016 $4,409 $351,900 $0 $351,900
2015 $4,122 $326,900 $0 $326,900
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02143 Prospect Hill

40 Highland Ave Unit 8, Somerville, MA

Not Listed for Sale

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