62 Line St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated Value: $1,421,000 - $2,415,000
5
Beds
3
Baths
3,006
Sq Ft
$653/Sq Ft
Est. Value
About This Home
This home is located at 62 Line St, Somerville, MA 02143 and is currently estimated at $1,963,333, approximately $653 per square foot. 62 Line St 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
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
-$2,164,500
Purchase Details
Closed on
Sep 9, 1981
Bought by
Lynch James A
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Home Values in the Area
Average Home Value in this Area
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
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
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