NOT LISTED FOR SALE

8 Prospect Hill Ave Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $1,254,000 - $1,433,908

4 Beds
2 Baths
1,500 Sq Ft
$910/Sq Ft Est. Value

About This Home

As of November 2015

Completely remodeled second floor duplex unit (includes 3rd floor space) with all the amenities you need! Be the first to live in this renovated apartment featuring granite and stainless kitchen, hardwood flooring, in-unit washer/dryer, ample closet space, outdoor deck and common yard, and one off-street parking space. Easy to show and readily available!

Last Agent to Rent the Property

Luca Amara

LA Realty and Property Consulting, LLC Listed on: 10/07/2015

Last Renter's Agent

Luca Amara

LA Realty and Property Consulting, LLC Listed on: 10/07/2015

Property Details

Home Type

Other

Est. Annual Taxes

$11,963

Year Built

1882

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • First Month Req: Yes
  • Lead Paint: Unknown
  • Lease Terms: lease
  • Pets Allowed: Yes w/ Restrictions
  • References Req: Yes
  • Rental Terms: Lease
  • Rent Includes: Occupancy Only
  • Security Deposit: 3400.00
  • Term Of Rental: 12
  • Unit In Building: 2
  • Unit Level: 2

Listing Details

  • Property Class: Rental
  • Special Features: None
  • Year Built: 1882

Interior Features

  • Number of Rooms: 6
  • Amenities: Public Transportation, Park

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Heating: Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2005
Sold by
Oregan Denise K and Oregan Paul
Bought by
Sheaira Bassam and Ibrahim Ibrahim
Current Estimated Value
$1,365,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$241,178
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,124,549

Purchase Details

Closed on
Dec 29, 1998
Sold by
Wilkinson Robert R and Wilkinson Ann T
Bought by
Oregan Paul and Oregan Denise K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sheaira Bassam $530,000 --
Oregan Paul $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheaira Bassam $460,000
Previous Owner Oregan Paul $229,500
Previous Owner Oregan Paul $49,200
Previous Owner Oregan Paul $155,000
Previous Owner Oregan Paul $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2015 11/16/15 Rented $3,200 0.0% --
11/03/2015 11/03/15 Under Contract -- -- --
10/21/2015 10/21/15 Price Changed $3,200 -5.9% $2 / Sq Ft
10/07/2015 10/07/15 For Rent $3,400 -- --
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 $11,963 $1,096,500 $517,800 $578,700
2024 $11,428 $1,086,300 $517,800 $568,500
2023 $10,838 $1,048,200 $517,800 $530,400
2022 $10,214 $1,003,300 $493,100 $510,200
2021 $9,700 $951,900 $469,600 $482,300
2020 $9,143 $906,100 $451,600 $454,500
2019 $8,436 $784,000 $392,700 $391,300
2018 $7,863 $695,200 $357,000 $338,200
2017 $7,728 $662,200 $336,800 $325,400
2016 $6,962 $555,600 $308,000 $247,600
2015 $6,764 $536,400 $306,300 $230,100
Source: Public Records

Agents Affiliated with this Home

  • Luca Amara

    Landlord's Agent in 2015

    Luca Amara

    LA Realty and Property Consulting, LLC

    (617) 905-1004

    44 Total Sales

    Luca Amara
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71916221

MLS Property Information Network (MLS PIN)

APN: SOME-000093-F000000-000021

Massachusetts Middlesex County Somerville 02143 Prospect Hill

8 Prospect Hill Ave, Somerville, MA

This home is located at 8 Prospect Hill Ave, Somerville, MA 02143 since 07 October 2015 and is currently priced at $1,365,727. This property was built in 1882. 8 Prospect Hill Ave is a home located in Middlesex County with nearby schools including Somerville High School, Prospect Hill Academy Upper Elementary Campus, and Bright Future Educare Center.

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.

Nearby Homes