NOT LISTED FOR SALE

Estimated Value: $650,000 - $697,000

1 Bed
1 Bath
874 Sq Ft
$168/mo HOA Fee

Last Sold March 04, 2021

Last sale price $570,000 $652 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,433/month

5 Days on Market

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 2021

If 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.

Last Agent to Sell the Property

Joseph Kobialka

RE/MAX Real Estate Center Listed on: 01/28/2021

RE/MAX Real Estate Center

Last Buyer's Agent

Juriaan Evers

Compass License #449588795

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,431

Year Built

  • Built in 1920

HOA Fees

  • $168 per month

Kitchen

  • Range<<rangeHoodToken>>
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,431

Year Built

Built in 1920

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 657.89
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Wood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 4
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: BB9927
  • Main So: AN2383
  • Estimated Sq Ft: 874.00

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Asbestos
  • Insulation Feature: Full
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air, Individual, Unit Control
  • Heating: Central Heat, Forced Air, Gas, Individual
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • HOA Fees: 168.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 296 Summer Street

Lot Info

  • Assessments: 527500.00
  • Page: 371
  • Zoning: residentia

Green Features

  • Energy Features: Insulated Windows, Storm Windows

Tax Info

  • Taxes: 5322.48
  • Assessor Parcel Number: 4507244
  • Tax Year: 2021

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

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
RE/MAX Real Estate Center
Buyer's Agent
Juriaan Evers
Compass
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%
Current Estimated Value
$675,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,227
Avg. Annual Appreciation
2.88%
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
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 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

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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72779782

MLS Property Information Network (MLS PIN)

APN: SOME-000030-C000000-000002-000001