NOT LISTED FOR SALE

7 Mortimer Place Unit 2 Somerville, MA 02145

Winter Hill Neighborhood

Estimated Value: $315,000 - $454,000

-- Bed
1 Bath
429 Sq Ft
1970 Built

Last Sold May 01, 2017

Last sale price $250,000 $583 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,225/month

5 Days on Market

About This Home

As of May 2017

Tired of renting? Don't miss this renovated studio condo in a fantastic, professionally managed Somerville building. Located between Route 28, Broadway, and Medford Street - this unit is ideal for commuting with easy access to bus lines and the Orange Line (just a few blocks to the Green Line Expansion Project!). Close to Davis Square and Union Square, .3mi to Foss Park, and less than 1mi to the new Assembly Row shops and restaurants. Renovated throughout with recently refinished hardwood floors, fresh paint, maple cabinets, granite counters and stainless steel appliances. Great layout with several options for arranging your furniture. Excellent storage throughout with 2 large closets (1 with an organizing unit) and a separate linen closet. One off street parking space is included as well as heat and hot water. Free common laundry just down the hall from the unit.

Last Listed By

Keith Magnus

Engel & Völkers Wellesley Listed on: 03/23/2017

Engel & Völkers Wellesley

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,977

Year Built

1970

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Garden
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Has Basement: No
  • Number of Rooms: 2
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, University
  • Flooring: Hardwood
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • No Living Levels: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 12
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:71 B:D L:42 U:2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 1, 2017
Sold by
Richard Shayna
Bought by
Ruane Cheri and Schutz Christopher
Seller's Agent
Keith Magnus
Engel & Völkers Wellesley
Buyer's Agent
Steven Azar
Blue Door Realty
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Total Days on Market
5
Current Estimated Value
$356,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,614
Avg. Annual Appreciation
4.55%
Original Mortgage
$200,000
Outstanding Balance
$169,924
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$187,397

Purchase Details

Closed on
Oct 6, 2006
Sold by
Mortimer Place Llc
Bought by
Silbergzweig Shayna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,875
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Ruane Cheri $250,000 --
Silbergzweig Shayna $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruane Cheri $200,000
Previous Owner Silberzweig Shayna $166,148
Previous Owner Silbergzweig Shayna $144,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $250,000 +0.4% $583 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $249,000 0.0% $580 / Sq Ft
08/15/2016 08/15/16 Rented $1,500 0.0% --
08/05/2016 08/05/16 Under Contract -- -- --
07/29/2016 07/29/16 For Rent $1,500 -- --
Source: MLS Property Information Network (MLS PIN)

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 $2,977 $272,900 $0 $272,900
2024 $2,871 $272,900 $0 $272,900
2023 $2,798 $270,600 $0 $270,600
2022 $2,632 $258,500 $0 $258,500
2021 $2,552 $250,400 $0 $250,400
2020 $2,503 $248,100 $0 $248,100
2019 $2,395 $222,600 $0 $222,600
2018 $2,238 $197,900 $0 $197,900
2017 $2,199 $188,400 $0 $188,400
2016 $2,304 $183,900 $0 $183,900
2015 $2,134 $169,200 $0 $169,200
Source: Public Records

Agents Affiliated with this Home

  • Keith Magnus

    Seller's Agent in 2017

    Keith Magnus

    Engel & Völkers Wellesley

    (857) 540-1121

    26 Total Sales

    Keith Magnus
    Section Image
  • Steven Azar

    Buyer's Agent in 2017

    Steven Azar

    Blue Door Realty

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72134699

MLS Property Information Network (MLS PIN)

APN: SOME-000071-D000000-000042-000002

Massachusetts Middlesex County Somerville 02145 Winter Hill

7 Mortimer Place Unit 2, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 7 Mortimer Place Unit 2, Somerville, MA 02145 since 23 March 2017 and is currently estimated at $356,614, approximately $831 per square foot. This property was built in 1970. 7 Mortimer Place Unit 2 is a home located in Middlesex County with nearby schools including Somerville High School, Prospect Hill Academy Upper Elementary Campus, and Bright Future Educare Center.

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