523 Elm St Somerset, MA 02726
Somerset Reservoir NeighborhoodEstimated Value: $495,047 - $685,000
3
Beds
2
Baths
1,080
Sq Ft
$529/Sq Ft
Est. Value
About This Home
This home is located at 523 Elm St, Somerset, MA 02726 and is currently estimated at $571,262, approximately $528 per square foot. 523 Elm St is a home located in Bristol County with nearby schools including North Elementary School, Somerset Middle School, and SCEC Life Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 19, 2009
Sold by
Weyer Guillermo E
Bought by
Mello Richard and Mello Tanya M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$155,737
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$415,525
Purchase Details
Closed on
Jan 25, 2005
Sold by
Weyer Adela A and Weyer Charles
Bought by
Weyer Guillermo E
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mello Richard | $250,000 | -- | |
| Mello Richard | $250,000 | -- | |
| Weyer Guillermo E | $317,000 | -- | |
| Weyer Guillermo E | $317,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mello Richard | $245,471 | |
| Closed | Weyer Guillermo E | $245,471 |
Source: Public Records
Tax History Compared to Growth
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 | $5,664 | $425,900 | $184,200 | $241,700 |
| 2024 | $5,284 | $413,100 | $184,200 | $228,900 |
| 2023 | $4,751 | $374,700 | $167,200 | $207,500 |
| 2022 | $4,387 | $330,100 | $144,400 | $185,700 |
| 2021 | $4,422 | $301,200 | $130,600 | $170,600 |
| 2020 | $4,548 | $298,800 | $130,600 | $168,200 |
| 2019 | $5,150 | $282,200 | $130,600 | $151,600 |
| 2018 | $4,628 | $272,900 | $126,200 | $146,700 |
| 2017 | $4,594 | $264,000 | $126,200 | $137,800 |
| 2016 | $4,623 | $264,000 | $126,200 | $137,800 |
| 2015 | $4,294 | $247,500 | $118,700 | $128,800 |
| 2014 | $5,868 | $243,000 | $113,300 | $129,700 |
Source: Public Records
Map
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