NOT LISTED FOR SALE

7 Richardson Terrace Unit 1 Somerville, MA 02145

Magoun Square Neighborhood

Estimated Value: $860,000 - $915,000

2 Beds
1 Bath
900 Sq Ft
$981/Sq Ft Est. Value

About This Home

Charming Two-Bedroom on a Private Terrace Near Magoun Square? Nestled just steps from Magoun Square, this sun-filled two-bedroom residence offers the perfect blend of convenience and privacy. The property boasts a spacious updated kitchen with a small center island, stainless steel appliances, exclusive laundry facilities in the basement, ample basement storage, and two equally sized bedrooms. A designated outdoor space with a gas grill is also available for your enjoyment.There is limited parking on terrace, but residents will have access to Somerville permit parking with their lease, and the property is located .3 miles from the new Green Line Extension and less than a mile from Davis Sq. (Redline T Station), providing effortless access to public transportation. With easy access to Rt 93, commuting and exploring the surrounding area is a breeze. Please note that this property does not allow pets.

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
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Bruno Kelly A $80,000
Closed Bruno Kelly A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2024 11/29/24 Off Market $3,000 -- --
09/27/2024 09/27/24 For Rent $3,000 +30.4% --
08/08/2020 08/08/20 Under Contract -- -- --
08/03/2020 08/03/20 Rented $2,300 0.0% --
07/26/2020 07/26/20 Price Changed $2,300 -3.2% $3 / Sq Ft
07/13/2020 07/13/20 For Rent $2,375 +3.3% --
06/21/2019 06/21/19 Rented $2,300 -2.1% --
06/19/2019 06/19/19 For Rent $2,350 -- --

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 $8,271 $758,100 $391,300 $366,800
2024 $7,772 $738,800 $391,300 $347,500
2023 $7,579 $733,000 $391,300 $341,700
2022 $6,977 $685,400 $372,600 $312,800
2021 $6,627 $650,300 $354,900 $295,400
2020 $6,365 $630,800 $341,200 $289,600
2019 $5,714 $531,000 $289,700 $241,300
2018 $5,831 $515,600 $279,400 $236,200
2017 $5,409 $463,500 $260,500 $203,000
2016 $4,944 $394,600 $180,200 $214,400
2015 $4,682 $371,300 $160,700 $210,600
Source: Public Records

Agents Affiliated with this Home

  • Kelly Bruno

    Seller's Agent in 2020

    Kelly Bruno

    Compass

    (617) 429-5857

    1 in this area

    24 Total Sales

    Kelly Bruno
    Section Image
  • Jacqueline Vienneau

    Buyer's Agent in 2019

    Jacqueline Vienneau

    Berkshire Hathaway HomeServices Warren Residential

    (603) 231-0089

    1 in this area

    25 Total Sales

    Jacqueline Vienneau
    Section Image
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Map

Massachusetts Middlesex County Somerville 02145 Magoun Square

7 Richardson Terrace Unit 1, Somerville, MA

Homes for Sale in Somerville, MA

This home is located at 7 Richardson Terrace Unit 1, Somerville, MA 02145 and is currently estimated at $883,320, approximately $981 per square foot. 7 Richardson Terrace Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, St. Clement Elementary School, and Bright Future Educare Center.

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