7 Silvey Place Unit 1 Somerville, MA 02143
Spring Hill Neighborhood
2
Beds
2
Baths
1,200
Sq Ft
$125/mo
HOA Fee
Highlights
- Wood Flooring
- Central Heating and Cooling System
- 2-minute walk to Morse-Kelley Playground
- Somerville High School Rated A-
About This Home
As of March 2023New to Market: Gorgeous newly renovated first floor condominium, located in the well sought-after Spring Hill neighborhood of Somerville! This home is perfectly situated between Porter and Davis Squares and just blocks away from the proposed Green Line extension at Lowell St. With just a 10-15 min walk to either Porter Sq or Davis Sq T Stations, there's no need for a vehicle - but if you do have one, this unit includes one assigned parking spot right out front of the building! Renovations were just completed in 2018, adding modern features to the home while still retaining it's classic, cozy, and elegant feel. Beautiful hardwood floors shine throughout this open layout space, while large windows bathe the living area in sunlight, and a gas fireplace warms the space. The kitchen is designed with new cabinetry, granite countertops, stainless steel appliances, and a breakfast peninsula. Complete with 2 bedrooms w/ closet space and 1.5 bathrooms, along with front and rear porches!
Last Agent to Sell the Property
Vanessa Sullivan
Keller Williams Realty Boston-Metro | Back Bay License #449592069 Listed on: 06/06/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,572
Year Built
- Built in 1900
HOA Fees
- $125 per month
Kitchen
- Built-In Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:38 B:C L:7
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
$21,720
Avg. Annual Appreciation
1.65%
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%
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $865,000 | None Available | |
| Deed | $754,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $726,201 | Purchase Money Mortgage | |
| Previous Owner | $603,200 | New Conventional | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $108,000 | No Value Available | |
| Previous Owner | $200,000 | No Value Available |
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
-
Seller's Agent in 2023
Currier, Lane & Young
Compass
(617) 871-9190
14 in this area
521 Total Sales
-
M
Seller Co-Listing Agent in 2023
Maggie Currier
Compass
-
H
Buyer's Agent in 2023
Hanneman and Gonzales Team
Compass
(617) 206-3333
1 in this area
141 Total Sales
-
V
Seller's Agent in 2018
Vanessa Sullivan
Keller Williams Realty Boston-Metro | Back Bay
-
Buyer's Agent in 2018
Bill Aibel
Coldwell Banker Realty - Cambridge
(617) 840-6351
6 in this area
81 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72340946
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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