NOT LISTED FOR SALE

62 1/2 Line Unit 1 Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,500,000 - $1,992,000

2 Beds
1 Bath
1,000 Sq Ft
$1,684/Sq Ft Est. Value

About This Home

This home is located at 62 1/2 Line Unit 1, Somerville, MA 02143 and is currently estimated at $1,684,000, approximately $1,684 per square foot. 62 1/2 Line Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School and Prospect Hill Academy Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Lynch James A
Bought by
60-62 Line Street Llc
Current Estimated Value
$1,684,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,150,000
Outstanding Balance
$4,127,833
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,443,833

Purchase Details

Closed on
Sep 9, 1981
Bought by
Lynch James A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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

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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
60-62 Line Street Llc $2,450,000 None Available
60-62 Line Street Llc $2,450,000 None Available
Lynch James A $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 60-62 Line Street Llc $4,150,000
Closed 60-62 Line Street Llc $4,150,000
Previous Owner Lynch James A $200,000
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 $17,121 $1,569,300 $996,400 $572,900
2024 $16,245 $1,544,200 $996,400 $547,800
2023 $15,902 $1,537,900 $996,400 $541,500
2022 $15,066 $1,480,000 $949,000 $531,000
2021 $14,428 $1,415,900 $903,700 $512,200
2020 $13,937 $1,381,300 $869,100 $512,200
2019 $13,107 $1,218,100 $738,000 $480,100
2018 $11,577 $1,023,600 $670,800 $352,800
2017 $11,000 $942,600 $607,600 $335,000
2016 $11,120 $887,500 $597,200 $290,300
2015 $10,325 $818,800 $550,800 $268,000
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02138 Prospect Hill

62 1/2 Line Unit 1, Somerville, MA

Not Listed for Sale

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