$629,000
SOLD JUL 6, 2016

248 Summer St Unit 2 Somerville, MA 02143

Porter Square Neighborhood
2 Beds
1 Bath
1,378 Sq Ft
1910 Built

Recently Sold

$456 Per Sq Ft

7% Above List Price

8 Days on Market

About This Home

As of August 2019

Can't wait for the Green Line extension? Live near the Red Line! 7-minute walk to Porter Square station and short distance to buses 85, 87, 88 and 90 Close to shopping, restaurants and bars, Harvard, Union and Davis Squares, Tufts University, community path and several parks and playgrounds. Sun-filled, two-story condominium with two spacious bedrooms and an office. Ample bay-windowed living room open to kitchen. Huge eat-in kitchen with granite countertops and new stainless steel appliances. Contemporary bathroom. Storage and laundry in basement. Ample closet space. Deeded garage plus one extra parking space on driveway. Masonry front porch and stair. Gorgeous backyard with patio and pergola. Two-unit condo association, both owner-occupied. Seller disclosure: outdated boiler needs replacement. OPEN HOUSE SUNDAY, 4/10, 12-2. Offer deadline of Monday at 5PM

Last Agent to Sell the Property

Edmund Wong

New Year Realty Listed on: 04/05/2016

Last Buyer's Agent

Michaela Hellman

Redfin Corp.

Redfin Corp.

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,794

Year Built

1910

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Appliances: Range, Disposal, Washer, Dryer, Refrigerator - ENERGY STAR, Dishwasher - ENERGY STAR, Vent Hood
  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: 110 Volts, Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Storm Doors, Prog. Thermostat
  • Flooring: Wall to Wall Carpet, Hardwood, Stone / Slate
  • Interior Amenities: Cable Available, Finish - Sheetrock
  • Bedroom 2: Third Floor
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Basement
  • Living Room: Second Floor
  • Master Bedroom: Third Floor
  • Dining Room: Second Floor
  • Oth1 Room Name: Study
  • Oth1 Level: Second Floor
  • No Living Levels: 2

Exterior Features

  • Exterior: Vinyl, Brick
  • Exterior Unit Features: Porch, Patio, Fenced Yard, Garden Area, Other (See Remarks)

Garage/Parking

  • Garage Parking: Detached, Storage, Assigned
  • Garage Spaces: 1
  • Parking: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Extra Storage
  • Management: Owner Association
  • No Units: 2
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Kennedy School
  • Middle School: Kennedy School
  • High School: Somerville Hs

Lot Info

  • Assessor Parcel Number: M:36 B:A L:5 U:2
  • Zoning: 999999999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Ballesteros Anita L
Bought by
Anita Ballesteros Lt
Current Estimated Value
$891,979

Purchase Details

Listed on
May 29, 2019
Closed on
Aug 27, 2019
Sold by
Guth Charles A and Flores Andrea E
Bought by
Ballesteros Anita L
Seller's Agent
Lauren Holleran Team
Gibson Sotheby's International Realty
Buyer's Agent
Liz & Ellie Real Estate
Compass
List Price
$748,000
Sold Price
$680,000
Premium/Discount to List
-$68,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$67,500
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jul 6, 2016
Sold by
Andrade Emmanuel V and Pickett Kathleen M
Bought by
Guth Charles A and Flores Andrea E
Seller's Agent
Edmund Wong
New Year Realty
Buyer's Agent
Michaela Hellman
Redfin Corp.
List Price
$589,000
Sold Price
$629,000
Premium/Discount to List
$40,000
6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$502,400
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2009
Sold by
Officer Heidi R
Bought by
Andrade Emmanuel and Pickett Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Condominium Deed -- None Available
Condominium Deed $680,000 --
Not Resolvable $628,000 --
Deed $379,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $544,000 New Conventional
Previous Owner $502,400 New Conventional
Previous Owner $341,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $680,000 -2.6% $493 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $698,000 -3.6% $507 / Sq Ft
06/19/2019 06/19/19 Price Changed $724,000 -3.2% $525 / Sq Ft
05/29/2019 05/29/19 For Sale $748,000 +18.9% $543 / Sq Ft
07/06/2016 07/06/16 Sold $629,000 +6.8% $456 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $589,000 -- $427 / 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 $7,794 $714,400 $0 $714,400
2024 $7,194 $683,800 $0 $683,800
2023 $7,044 $681,200 $0 $681,200
2022 $6,734 $661,500 $0 $661,500
2021 $6,602 $647,900 $0 $647,900
2020 $6,400 $634,300 $0 $634,300
2019 $6,188 $575,100 $0 $575,100
2018 $6,351 $561,500 $0 $561,500
2017 $5,388 $461,700 $0 $461,700
2016 $5,790 $462,100 $0 $462,100
2015 $5,250 $416,300 $0 $416,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lauren Holleran Team

    Gibson Sothebys International Realty

    (617) 913-2203

    9 in this area

    320 Total Sales

    Lauren Holleran Team
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Michael George

    Gibson Sothebys International Realty

    3 in this area

    44 Total Sales

    Michael George
    Section Image
  • Liz & Ellie Real Estate

    Buyer's Agent in 2019

    Liz & Ellie Real Estate

    Compass

    (617) 444-9644

    3 in this area

    104 Total Sales

    Liz & Ellie Real Estate
    Section Image

  • E

    Seller's Agent in 2016

    Edmund Wong

    New Year Realty

    (617) 830-9870

    26 Total Sales

    Edmund Wong
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71982849

MLS Property Information Network (MLS PIN)

APN: SOME-000036-A000000-000005-000002

Massachusetts Middlesex County Somerville 02143 Porter Square

248 Summer St Unit 2, Somerville, MA

This home is located at 248 Summer St Unit 2, Somerville, MA 02143 and is currently priced at $629,000, approximately $456 per square foot. This property was built in 1910. 248 Summer St Unit 2 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St. Clement Elementary 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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