NOT LISTED FOR SALE

7 Craigie Terrace Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,030,000 - $1,203,303

2 Beds
2 Baths
9,999 Sq Ft
$114/Sq Ft Est. Value

About This Home

This home is located at 7 Craigie Terrace, Somerville, MA 02143 and is currently estimated at $1,140,326, approximately $114 per square foot. 7 Craigie Terrace 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
Nov 15, 2021
Sold by
Silva Edward C and Silva Mark J
Bought by
Silva Realty 1 Llc
Current Estimated Value
$1,140,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,875,000
Outstanding Balance
$10,081,458
Interest Rate
3.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$8,868,161

Purchase Details

Closed on
Feb 6, 2020
Sold by
Silva Mark J
Bought by
Silva Mark J and Silva Edward C

Purchase Details

Closed on
Apr 24, 2017
Sold by
Silva Realty 2 Llc
Bought by
Silva Mark J

Purchase Details

Closed on
May 8, 2013
Sold by
7 Craigie Terrace Rt and Silva Edward C
Bought by
Silva Realty 2 Llc

Purchase Details

Closed on
Aug 3, 2011
Sold by
Silva Edward C
Bought by
7 Craigie Terrace Rt and Silva Edward C

Purchase Details

Closed on
Mar 24, 2011
Sold by
7 Craigie Terrace Rt and Silva Edward C
Bought by
Silva Edward C

Purchase Details

Closed on
Nov 4, 2009
Sold by
7 Craigie Terrace Llc
Bought by
7 Craigie Terrace Rt and Silva Mark J

Purchase Details

Closed on
Feb 27, 2007
Sold by
Silva Edward C
Bought by
7 Craigie Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2007
Sold by
7 Craigie Terrace Llc
Bought by
Silva Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2006
Sold by
Silva Edward C
Bought by
7 Craigie Ter Llc

Purchase Details

Closed on
Jun 23, 2004
Sold by
George Paula M
Bought by
Silva Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2000
Sold by
Est Polastri Mary and Jutias Marie
Bought by
George Paula M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Silva Realty 1 Llc -- None Available
Silva Mark J -- None Available
Silva Mark J -- --
Silva Realty 2 Llc -- --
7 Craigie Terrace Rt -- --
Silva Edward C -- --
7 Craigie Terrace Rt -- --
7 Craigie Terrace Llc -- --
Silva Edward C -- --
7 Craigie Ter Llc -- --
Silva Edward C $435,000 --
George Paula M $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Realty 1 Llc $10,875,000
Previous Owner Silva Realty 2 Llc $105,000
Previous Owner Polastri Mary $405,000
Previous Owner Silva Edward C $417,000
Previous Owner Silva Edward C $426,400
Previous Owner Silva Edward C $65,000
Previous Owner Silva Edward C $340,000
Previous Owner Silva Edward C $345,000
Previous Owner Silva Edward C $348,000
Previous Owner George Paula M $205,000
Previous Owner Polastri Mary $210,000
Previous Owner Polastri Mary $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $3,550 -- --
10/08/2024 10/08/24 Off Market $3,100 -- --
09/01/2024 09/01/24 For Rent $3,100 -12.7% --
08/31/2024 08/31/24 For Rent $3,550 -- --

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 $10,206 $935,500 $522,800 $412,700
2024 $9,592 $911,800 $522,800 $389,000
2023 $9,358 $905,000 $522,800 $382,200
2022 $8,753 $859,800 $497,900 $361,900
2021 $8,245 $809,100 $474,200 $334,900
2020 $7,791 $772,200 $455,900 $316,300
2019 $7,396 $687,400 $396,500 $290,900
2018 $6,967 $616,000 $360,400 $255,600
2017 $6,706 $574,600 $340,000 $234,600
2016 $6,726 $536,800 $311,000 $225,800
2015 $6,726 $533,400 $309,300 $224,100
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02143 Spring Hill

7 Craigie Terrace, Somerville, MA

This home is located at 7 Craigie Terrace, Somerville, MA 02143 and is currently estimated at $1,140,326, approximately $114 per square foot. 7 Craigie Terrace is a home located in Middlesex County with nearby schools including Somerville High School and Saint Theresa School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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