296 Summer St Unit 1 Somerville, MA 02144
Spring Hill Neighborhood
1
Bed
1
Bath
874
Sq Ft
1920
Built
About This Home
As of March 2021Looking to buy into the red hot Somerville market without breaking the bank? 296 Summer St offers an amazing location, just steps to the Porter Square Shopping Center and MBTA and only a half a mile to Davis Square. With an extremely flexible floor plan you can use this condo as a huge 1 bedroom or create a two 2 bedroom layout by simply closing the original pocket doors, the choice is yours. Kitchen boasts granite countertops and updated appliances. Back bedroom features a walk-in closet and built-in bookshelves. Newer heating system, covered deck, and best of all on these humid summer days, CENTRAL AC! Don't miss out on 296 Summer St - Unit 1. Open houses on Saturday 7/11 from 11:00am - 12:30pm and Sunday 7/12 from 11:00am - 12:30pm.
Property Details
Home Type
Condominium
Est. Annual Taxes
$6,431
Year Built
1920
Lot Details
0
Listing Details
- Unit Level: 1
- Other Agent: 2.00
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1920
Interior Features
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Has Basement: Yes
- Number of Rooms: 4
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
- Electric: 100 Amps
- Energy: Prog. Thermostat
- Flooring: Wood
- Bathroom #1: First Floor
- Living Room: First Floor, 13X11
- Master Bedroom: First Floor, 12X11
- Dining Room: First Floor, 12X11
Exterior Features
- Construction: Frame
- Exterior Unit Features: Porch
Garage/Parking
- Parking Spaces: 0
Utilities
- Cooling: Central Air
- Heating: Forced Air, Gas
- Cooling Zones: 1
- Heat Zones: 1
- Utility Connections: for Gas Range
Condo/Co-op/Association
- Association Fee Includes: Water, Sewer, Master Insurance
- Management: Owner Association
- No Units: 3
- Unit Building: 1
Lot Info
- Assessor Parcel Number: 30-C-2 Sub lot:1
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
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
Similar Homes in Somerville, MA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $570,000 | None Available | |
| Not Resolvable | $467,500 | -- | |
| Deed | $311,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $456,000 | Purchase Money Mortgage | |
| Previous Owner | $315,809 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $350,625 | New Conventional | |
| Previous Owner | $289,750 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $243,000 | No Value Available | |
| Previous Owner | $248,800 | Purchase Money Mortgage |
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
RE/MAX Real Estate Center
(617) 974-5336
1 in this area
27 Total Sales
-
J
Buyer's Agent in 2021
Juriaan Evers
Compass
-
Justin Rollo
Seller's Agent in 2015
Justin Rollo
Signal Real Estate
(978) 790-4381
67 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: 71870130
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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