7 Silvey Place Unit 1 Somerville, MA 02143
Spring Hill NeighborhoodEstimated Value: $839,000 - $960,902
2
Beds
1.5
Baths
1,110
Sq Ft
$150/mo
HOA Fee
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 2023Located 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!
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
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,976
Avg. Annual Appreciation
1.36%
Original Mortgage
$726,201
Outstanding Balance
$703,260
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,737
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%
Similar Homes in Somerville, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Sullivan Kevin J | $100,000 | |
| Previous Owner | Sullivan Kevin J | $108,000 | |
| Previous Owner | Sullivan Kevin J | $200,000 |
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
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
13 in this area
524 Total Sales
-
Maggie Currier
Seller Co-Listing Agent in 2023
Maggie Currier
Compass
(617) 593-3120
4 in this area
58 Total Sales
-
Hanneman and Gonzales Team
H
Buyer's Agent in 2023
Hanneman and Gonzales Team
Compass
(617) 206-3333
1 in this area
151 Total Sales
-
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
6 in this area
82 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73077515
APN: SOME-000038-C000000-000007
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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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