NOT LISTED FOR SALE

7 Mortimer Place Unit 6 Somerville, MA 02145

Winter Hill Neighborhood

Estimated Value: $408,000 - $570,000

1 Bed
1 Bath
536 Sq Ft
$878/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $335,000 $625 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,954/month

About This Home

As of December 2018

1 Bed/1 Bath, Free laundry, s/s appl, granite, disw, 1 prkng, avl NOW! Cozy second floor gut renovated one bedroom apartment in a small brick building in Winterhill neighborhood of Somerville. The unit features open floor plan kitchen/ living room, updated kitchen with granite counter tops, s/s appliances, dishwasher, electric range. Refinished hardwood floors throughout, freshly painted. The bedroom has en-suite bath, spacious enough to fit a queen, even king sized bed with closets. Heat, hot water and one off street parking is included in the rent. Free laundry in the basement.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Dec 27, 2018
Sold by
Absolute Acquisitions Inc
Bought by
Ruan Guoxiang and Wang Rui
Seller's Agent
Valentina Alzate
Cambridge Premier Realty
Buyer's Agent
Valentina Alzate
Cambridge Premier Realty
Sold Price
$2,000
Current Estimated Value
$470,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,504
Avg. Annual Appreciation
5.58%
Original Mortgage
$251,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2018
Sold by
Mortimer Place Condo T
Bought by
Absolute Acquisitions

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,300
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2006
Sold by
Mortimer Place Llc
Bought by
Shepard Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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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
Ruan Guoxiang $335,000 --
Absolute Acquisitions $202,000 --
Shepard Anthony $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruan Guoxiang $250,000
Closed Ruan Guoxiang $251,250
Previous Owner Absolute Acquisitions $183,300
Previous Owner Shepard Anthony $160,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2019 01/27/19 Rented $2,000 0.0% --
01/25/2019 01/25/19 Under Contract -- -- --
01/15/2019 01/15/19 For Rent $2,000 0.0% --
12/28/2018 12/28/18 Sold $335,000 -4.3% $625 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $349,900 -4.1% $653 / Sq Ft
10/01/2018 10/01/18 For Sale $365,000 -- $681 / Sq Ft

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 $4,136 $379,100 $0 $379,100
2024 $3,988 $379,100 $0 $379,100
2023 $3,886 $375,800 $0 $375,800
2022 $3,654 $358,900 $0 $358,900
2021 $3,542 $347,600 $0 $347,600
2020 $3,475 $344,400 $0 $344,400
2019 $2,921 $271,500 $0 $271,500
2018 $2,821 $249,400 $0 $249,400
2017 $2,774 $237,700 $0 $237,700
2016 $2,871 $229,100 $0 $229,100
2015 $2,588 $205,200 $0 $205,200
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2019

    Valentina Alzate

    Cambridge Premier Realty

    6 Total Sales

    Valentina Alzate
    Section Image

  • M

    Seller's Agent in 2018

    Matthew Newhall

    Century 21 Tradition - Georgetown

    (978) 352-5290

    Section Image

  • E

    Buyer's Agent in 2018

    Emily Gan

    Boston Value Realty

    (516) 712-4923

    22 Total Sales

    Emily Gan
    Section Image
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Map

Massachusetts Middlesex County Somerville 02145 Winter Hill

7 Mortimer Place Unit 6, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 7 Mortimer Place Unit 6, Somerville, MA 02145 and is currently estimated at $470,504, approximately $877 per square foot. 7 Mortimer Place Unit 6 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.

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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