296 Summer St Unit 1 Somerville, MA 02144
Spring Hill NeighborhoodEstimated Value: $563,000 - $685,674
1
Bed
1
Bath
874
Sq Ft
$168/mo
HOA Fee
Highlights
- Wood Flooring
- Forced Air Heating and Cooling System
- 4-minute walk to Lexington Park
- Somerville High School Rated A-
About This Home
As of March 2021If you are looking to get into a perfect location for convenience to the subway, restaurants, shops, health clubs, etc. this large 4 room, 1 bedroom condo might be the place for you. A flexible layout allows you to have 2 bedrooms by closing off the front living room with the pocket doors. Conveniently located between Porter and Davis Squares it has an updated kitchen with granite counter tops, stainless steel refrigerator, cherry cabinets, gas stove and dishwasher. The bedroom includes a walk in closet that can be used as a separate office space. There are fir floors throughout. There is a gas by forced hot air heating system as well as central A/C. A deeded rear porch offers private outdoor space. Additional deeded storage space in the basement. Open houses this weekend from noon to 1:30 on Saturday and Sunday, January 30 and 31.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,431
Year Built
- Built in 1920
HOA Fees
- $168 per month
Kitchen
- Range
- Dishwasher
- Disposal
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Individual Controls for Heating
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Wood Flooring
- Washer
- Year Round Access
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2021
Closed on
Mar 4, 2021
Sold by
Lee Erik W and Wilscosky Elizabeth M
Bought by
Moran Laura S
Seller's Agent
Joseph Kobialka
Buyer's Agent
Juriaan Evers
Compass
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%
Total Days on Market
5
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
$75,419
Avg. Annual Appreciation
2.99%
Original Mortgage
$456,000
Outstanding Balance
$413,389
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,030
Purchase Details
Listed on
Jul 8, 2015
Closed on
Aug 27, 2015
Sold by
Sullivan Michael
Bought by
Lee Eric W and Wilcosky Elizabeth M
Seller's Agent
Justin Rollo
Signal Real Estate
Buyer's Agent
Mary Ann Tecce
Gibson Sotheby's International Realty
List Price
$409,000
Sold Price
$456,000
Premium/Discount to List
$47,000
11.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$350,625
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2010
Sold by
Hurley William
Bought by
Sullivan Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moran Laura S | $570,000 | None Available | |
| Lee Eric W | $467,500 | -- | |
| Sullivan Michael | $311,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moran Laura S | $456,000 | |
| Previous Owner | Lee Eric W | $315,809 | |
| Previous Owner | Lee Eric W | $350,625 | |
| Previous Owner | Sullivan Michael | $289,750 | |
| Previous Owner | Sullivan Michael | $243,000 | |
| Previous Owner | Sullivan Michael | $248,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2021 03/04/21 | Sold | $570,000 | -0.9% | $652 / Sq Ft |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- |
| 01/28/2021 01/28/21 | For Sale | $575,000 | +26.1% | $658 / Sq Ft |
| 08/27/2015 08/27/15 | Sold | $456,000 | 0.0% | $522 / Sq Ft |
| 08/14/2015 08/14/15 | Pending | -- | -- | -- |
| 07/15/2015 07/15/15 | Off Market | $456,000 | -- | -- |
| 07/08/2015 07/08/15 | For Sale | $409,000 | -- | $468 / 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 | $6,431 | $589,500 | $0 | $589,500 |
| 2024 | $6,076 | $577,600 | $0 | $577,600 |
| 2023 | $5,894 | $570,000 | $0 | $570,000 |
| 2022 | $5,673 | $557,300 | $0 | $557,300 |
| 2021 | $5,556 | $545,200 | $0 | $545,200 |
| 2020 | $5,322 | $527,500 | $0 | $527,500 |
| 2019 | $5,498 | $511,000 | $0 | $511,000 |
| 2018 | $5,058 | $447,200 | $0 | $447,200 |
| 2017 | $5,155 | $441,700 | $0 | $441,700 |
| 2016 | $4,763 | $380,100 | $0 | $380,100 |
| 2015 | $4,449 | $352,800 | $0 | $352,800 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Kobialka
Seller's Agent in 2021
Joseph Kobialka
(617) 974-5336
1 in this area
28 Total Sales
-
Buyer's Agent in 2021
Juriaan Evers
Compass
(415) 660-9955
1 in this area
14 Total Sales
-
Justin Rollo
Seller's Agent in 2015
Justin Rollo
Signal Real Estate
(978) 790-4381
70 Total Sales
-
Mary Ann Tecce
Buyer's Agent in 2015
Mary Ann Tecce
Gibson Sothebys International Realty
(617) 984-9734
30 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72779782
APN: SOME-000030-C000000-000002-000001
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.
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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