557 Somerville Ave Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $1,866,000 - $2,005,000
9
Beds
3
Baths
5,490
Sq Ft
$350/Sq Ft
Est. Value
About This Home
This home is located at 557 Somerville Ave, Somerville, MA 02143 and is currently estimated at $1,923,667, approximately $350 per square foot. 557 Somerville Ave is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 24, 2021
Sold by
Zhang Ping
Bought by
555 Somerville Ave Hldg
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
$2,651,250
Outstanding Balance
$2,410,807
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$487,140
Purchase Details
Closed on
Feb 18, 2020
Sold by
Wang Kai K
Bought by
Wang Kai K and Zhang Ping
Purchase Details
Closed on
Dec 4, 1992
Sold by
Liotine Marie
Bought by
Wang Kai Kai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 555 Somerville Ave Hldg | $1,460,000 | None Available | |
| Wang Kai K | -- | None Available | |
| Wang Kai Kai | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 555 Somerville Ave Hldg | $2,651,250 | |
| Previous Owner | Wang Kai Kai | $97,500 |
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 | $13,878 | $1,272,000 | $422,900 | $849,100 |
| 2024 | $14,548 | $1,382,900 | $422,900 | $960,000 |
| 2023 | $14,185 | $1,371,900 | $422,900 | $949,000 |
| 2022 | $13,575 | $1,333,500 | $402,800 | $930,700 |
| 2021 | $13,056 | $1,281,300 | $383,600 | $897,700 |
| 2020 | $12,780 | $1,266,600 | $368,900 | $897,700 |
| 2019 | $11,927 | $1,108,500 | $320,800 | $787,700 |
| 2018 | $9,845 | $870,500 | $291,600 | $578,900 |
| 2017 | $9,624 | $824,700 | $275,100 | $549,600 |
| 2016 | $9,121 | $727,900 | $251,600 | $476,300 |
| 2015 | $8,700 | $689,900 | $250,200 | $439,700 |
Source: Public Records
Map
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