NOT LISTED FOR SALE

40 Otis St Unit 2 Somerville, MA 02145

East Somerville Neighborhood

Estimated Value: $998,000 - $1,053,406

4 Beds
1 Bath
1,310 Sq Ft
$787/Sq Ft Est. Value

About This Home

Small pets are allowed. Available for September 1st! Great location in East Somerville! Short distance to so much! Assembly Row, Sullivan Sq T, Rt 93, McGrath Hwy, Trum Field, and more. Good-sized bedrooms and hardwood floors. Laundry in building. Parking available for rent, otherwise ample street parking.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Mihelis Nathan and Mihelis Dawn
Bought by
Dillaway Carrie S and Tatkow Matthew
Current Estimated Value
$1,030,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2010
Sold by
Benson Frank and Benson Helia
Bought by
Mihelis Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,817
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1998
Sold by
Tavares Gabriel M and Tavares Marilia O
Bought by
Benson Frank and Benson Helia

Purchase Details

Closed on
Nov 26, 1991
Sold by
Dutra Eduardo M and Dutra Maria F
Bought by
Tavares Gabriel and Tavares Marilia
Source: Public Records

Range of Values:

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
Dillaway Carrie S $760,000 None Available
Mihelis Nathan $390,000 --
Benson Frank $210,000 --
Tavares Gabriel $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillaway Carrie $195,000
Open Dillaway Carrie S $637,000
Closed Dillaway Carrie S $646,000
Previous Owner Mihelis Nathan W $150,000
Previous Owner Mihelis Nathan $397,500
Previous Owner Dutra Edwardo M $20,685
Previous Owner Mihelis Nathan $384,817
Previous Owner Benson Frank $260,000
Previous Owner Benson Helia $50,000
Previous Owner Dutra Edwardo M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2022 06/25/22 Rented $3,100 0.0% --
06/17/2022 06/17/22 Under Contract -- -- --
06/01/2022 06/01/22 Price Changed $3,100 -8.8% $2 / Sq Ft
04/19/2022 04/19/22 For Rent $3,400 -- --

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 $9,512 $871,900 $402,500 $469,400
2024 $8,895 $845,500 $402,500 $443,000
2023 $8,664 $837,900 $402,500 $435,400
2022 $8,105 $796,200 $383,400 $412,800
2021 $7,752 $760,700 $378,100 $382,600
2020 $7,319 $725,400 $363,600 $361,800
2019 $6,834 $635,100 $301,600 $333,500
2018 $6,001 $530,600 $241,200 $289,400
2017 $5,763 $493,800 $227,500 $266,300
2016 $5,211 $415,900 $159,800 $256,100
2015 $5,210 $413,200 $159,000 $254,200
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Massachusetts Middlesex County Somerville 02145 East Somerville

40 Otis St Unit 2, Somerville, MA

This home is located at 40 Otis St Unit 2, Somerville, MA 02145 and is currently estimated at $1,030,352, approximately $786 per square foot. 40 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.

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