NOT LISTED FOR SALE

8 Beacon Terrace Somerville, MA 02143

Spring Hill Neighborhood

Estimated Value: $1,158,446 - $1,413,000

5 Beds
3 Baths
2,158 Sq Ft
$602/Sq Ft Est. Value

About This Home

This home is located at 8 Beacon Terrace, Somerville, MA 02143 and is currently estimated at $1,299,362, approximately $602 per square foot. 8 Beacon Terrace is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and Wild Rose Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2017
Sold by
Beacon Somerville Apts
Bought by
Bow-Beacon Realty Llc
Current Estimated Value
$1,379,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,600,000
Outstanding Balance
$6,385,191
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$5,017,557

Purchase Details

Closed on
Dec 28, 2012
Sold by
Pmd Group Llc
Bought by
8-12 Beacon Terrace Ll

Purchase Details

Closed on
Oct 26, 2004
Sold by
Dupuis Peter A
Bought by
Pmd Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Bow-Beacon Realty Llc $3,800,000 --
8-12 Beacon Terrace Ll -- --
Pmd Group Llc $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bow-Beacon Realty Llc $7,600,000
Previous Owner Beacon Somerville Apts $2,262,500
Previous Owner 8-10-12 Beacon Ter Llc $0
Previous Owner Pmd Group Llc $950,000
Source: Public Records

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 $12,980 $1,189,700 $675,100 $514,600
2024 $12,419 $1,180,500 $675,100 $505,400
2023 $11,850 $1,146,000 $675,100 $470,900
2022 $11,152 $1,095,500 $642,900 $452,600
2021 $10,858 $1,065,600 $638,300 $427,300
2020 $10,501 $1,040,700 $638,700 $402,000
2019 $9,964 $926,000 $581,400 $344,600
2018 $9,431 $833,900 $528,500 $305,400
2017 $8,114 $695,300 $498,700 $196,600
2016 $7,822 $624,300 $445,300 $179,000
2015 $7,424 $588,700 $411,300 $177,400
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02143 Spring Hill

8 Beacon Terrace, Somerville, MA

This home is located at 8 Beacon Terrace, Somerville, MA 02143 and is currently estimated at $1,299,362, approximately $602 per square foot. 8 Beacon Terrace is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and Wild Rose Montessori School.

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