NOT LISTED FOR SALE

55 Fairmount Ave Unit 2 Somerville, MA 02144

West Somerville Neighborhood

Estimated Value: $1,383,000 - $1,857,000

3 Beds
1 Bath
1,000 Sq Ft
$1,659/Sq Ft Est. Value

About This Home

This home is located at 55 Fairmount Ave Unit 2, Somerville, MA 02144 and is currently estimated at $1,658,731, approximately $1,658 per square foot. 55 Fairmount Ave Unit 2 is a home located in Middlesex County with nearby schools including Somerville High School, International School of Boston, and Lesley Ellis School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2015
Sold by
Bonnell Richard J
Bought by
55 Fairmount Llc
Current Estimated Value
$1,658,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,500
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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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.

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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
55 Fairmount Llc $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 55 Fairmount Llc $1,100,000
Open 55 Fairmount Llc $2,045,000
Closed 55 Fairmount Llc $967,500
Previous Owner Bonnell Richard J $270,000
Previous Owner Bonnell Richard J $180,000
Previous Owner Bonnell Richard J $50,000
Previous Owner Bonnell Richard J $140,000
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 $18,567 $1,701,800 $724,100 $977,700
2024 $17,453 $1,659,000 $724,100 $934,900
2023 $17,525 $1,694,900 $724,100 $970,800
2022 $16,711 $1,641,600 $689,600 $952,000
2021 $16,334 $1,602,900 $684,600 $918,300
2020 $16,177 $1,603,300 $685,000 $918,300
2019 $15,380 $1,429,400 $623,600 $805,800
2018 $13,109 $1,159,100 $566,900 $592,200
2017 $12,802 $1,097,000 $534,800 $562,200
2016 $11,353 $906,100 $477,600 $428,500
2015 $10,551 $836,700 $441,100 $395,600
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02144 West Somerville

55 Fairmount Ave Unit 2, Somerville, MA

This home is located at 55 Fairmount Ave Unit 2, Somerville, MA 02144 and is currently estimated at $1,658,731, approximately $1,658 per square foot. 55 Fairmount Ave Unit 2 is a home located in Middlesex County with nearby schools including Somerville High School, International School of Boston, and Lesley Ellis School.

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