NOT LISTED FOR SALE

7 Silvey Place Unit 1 Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $803,000 - $946,000

2 Beds
1.5 Baths
1,110 Sq Ft
$150/mo HOA Fee

Last Sold March 15, 2023

Last sale price $865,000 $779 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,596/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Enclosed Patio or Porch
  • Fenced
  • Somerville High School Rated A-
  • Forced Air Heating and Cooling System
  • 2-minute walk to Morse-Kelley Playground

About This Home

As of March 2023

Located on the Porter Square side of Spring Hill, on a side street lined with classic structures, lies this 1st floor condominium. Spanning just over 1,000 square feet of living area, this 2017 updated home is lined in oak hardwood floors. The open living and dining rooms feature their own bay windows, a gas fireplace and storage closet. The semi-open adjacent kitchen was updated with maple cabinets, granite counters, 2018 stainless steel appliances and an island, perfect for informal bites. The home is further enhanced by a spacious full bathroom with an oversized vanity and tub shower, tucked away in-unit laundry, and plenty of storage. There are two bedrooms, each with its own generous closet. The rear bedroom even boasts its own private half bathroom, providing added convenience and privacy. Additional features of this home include a private screened-in porch, a shared yard, central air conditioning, and off-street parking. All just a stones throw from the red line!

Last Agent to Sell the Property

Currier, Lane & Young

Compass Listed on: 02/08/2023

Compass

Co-Listed By

Maggie Currier

Compass

Last Buyer's Agent

Hanneman and Gonzales Team

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 1900

Lot Details

  • 2,875

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 5038141

Community Details

Overview

  • Association fees include insurance, security, maintenance structure, ground maintenance
  • 3 Units

Amenities

  • Common Area

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,473

Year Built

Built in 1900

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 0%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Street)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Freezer,Washer,Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Laundry Features: In Unit
  • Basement: Y
  • Living Area: 1110
  • Stories Total: 1
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 764.86
  • PRICE PER Sq Ft: 779.28
  • MAIN SO: AN2383

Exterior Features

  • Fencing: Fenced
  • Patio And Porch Features: Enclosed
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Security, Maintenance Structure, Maintenance Grounds

Lot Info

  • Parcel Number: 5038141
  • Zoning: NR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 106
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3473.17
  • Tax Book Number: 150

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 15, 2023
Sold by
Morgan Kathy Y and Morgan Thomas D
Bought by
Huynh Tiffany G and Gilmore Ryan P
Seller's Agent
Currier, Lane & Young
Compass
Buyer's Agent
Hanneman and Gonzales Team
Compass
List Price
$849,000
Sold Price
$865,000
Premium/Discount to List
$16,000
1.88%
Views
25
Current Estimated Value
$892,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,517
Avg. Annual Appreciation
1.53%
Original Mortgage
$726,201
Outstanding Balance
$703,260
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,841

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 13, 2018
Sold by
Sullivan Linda and Sullivan Kevin J
Bought by
Morgan Kathy Y and Morgan Thomas D
Seller's Agent
Vanessa Sullivan
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Bill Aibel
Coldwell Banker Realty - Cambridge
List Price
$764,000
Sold Price
$754,000
Premium/Discount to List
-$10,000
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$603,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2014
Sold by
Sullivan Linda
Bought by
Sullivan Linda and Sullivan Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.21%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Huynh Tiffany G $865,000 None Available
Morgan Kathy Y $754,000 --
Sullivan Linda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Tiffany G $726,201
Previous Owner Morgan Kathy Y $603,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $865,000 +1.9% $779 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $849,000 +12.6% $765 / Sq Ft
08/13/2018 08/13/18 Sold $754,000 -1.3% $628 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $764,000 -- $637 / Sq Ft
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 $8,572 $785,700 $0 $785,700
2024 $8,051 $765,300 $0 $765,300
2023 $10,752 $714,100 $0 $714,100
2022 $10,585 $701,300 $0 $701,300
2021 $10,596 $687,300 $0 $687,300
2020 $6,793 $673,200 $0 $673,200
2019 $5,790 $538,100 $0 $538,100
2018 $11,760 $1,039,800 $381,200 $658,600
2017 $11,494 $984,900 $359,600 $625,300
2016 $8,376 $668,500 $328,900 $339,600
2015 $8,113 $643,400 $327,000 $316,400
Source: Public Records

Agents Affiliated with this Home

  • Currier, Lane & Young

    Seller's Agent in 2023

    Currier, Lane & Young

    Compass

    (617) 871-9190

    19 in this area

    517 Total Sales

    Currier, Lane & Young
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Maggie Currier

    Compass

    Section Image

  • V

    Seller's Agent in 2018

    Vanessa Sullivan

    Keller Williams Realty Boston-Metro | Back Bay

  • Bill Aibel

    Buyer's Agent in 2018

    Bill Aibel

    Coldwell Banker Realty - Cambridge

    (617) 840-6351

    7 in this area

    81 Total Sales

    Bill Aibel
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73077515

MLS Property Information Network (MLS PIN)

APN: SOME-000038-C000000-000007

Massachusetts Middlesex County Somerville 02143 Spring Hill

7 Silvey Place Unit 1, Somerville, MA

This home is located at 7 Silvey Place Unit 1, Somerville, MA 02143 since 08 February 2023 and is currently estimated at $892,517, approximately $804 per square foot. This property was built in 1900. 7 Silvey Place Unit 1 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.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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