NOT LISTED FOR SALE

5 Gilman Terrace Somerville, MA 02145

Winter Hill Neighborhood

Estimated Value: $1,063,000 - $1,318,000

6 Beds
3 Baths
2,267 Sq Ft
$533/Sq Ft Est. Value

About This Home

This home is located at 5 Gilman Terrace, Somerville, MA 02145 and is currently estimated at $1,209,061, approximately $533 per square foot. 5 Gilman Terrace 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
Mar 28, 2005
Sold by
Kerr Sergio
Bought by
Kerr Ilma F and Kerr Sergio A
Current Estimated Value
$1,137,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Deane Suzanne M and Deane John M
Bought by
Kerr Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Kerr Ilma F -- --
Kerr Sergio $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerr Serigo A $150,000
Open Kerr Sergio A $468,000
Closed Kerr Sergio $280,000
Closed Kerr Ilma F $487,500
Previous Owner Kerr Sergio $418,500
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 $8,968 $822,000 $328,200 $493,800
2024 $8,351 $793,800 $328,200 $465,600
2023 $8,124 $785,700 $328,200 $457,500
2022 $7,593 $745,900 $312,600 $433,300
2021 $7,121 $698,800 $297,700 $401,100
2020 $6,711 $665,100 $286,200 $378,900
2019 $6,367 $591,700 $243,000 $348,700
2018 $6,094 $538,800 $234,300 $304,500
2017 $5,815 $498,300 $218,600 $279,700
2016 $5,731 $457,400 $189,000 $268,400
2015 $5,484 $434,900 $168,500 $266,400
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02145 Winter Hill

5 Gilman Terrace, Somerville, MA

This home is located at 5 Gilman Terrace, Somerville, MA 02145 and is currently estimated at $1,209,061, approximately $533 per square foot. 5 Gilman Terrace 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.

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