NOT LISTED FOR SALE

296 Summer St Unit 2 Somerville, MA 02144

Porter Square Neighborhood

Estimated Value: $641,262 - $717,000

1 Bed
1 Bath
823 Sq Ft
$248/ mo HOA Fee

Last Sold October 28, 2024

Last sale price $643,000 $781 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,230/month

8 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Solid Surface Countertops
  • Somerville High School Rated A-
  • Wood Flooring
  • 4-minute walk to Lexington Park

About This Home

As of October 2024

Opportunity Awaits: Gorgeous one-bedroom condo in Porter Square! This second-floor unit boasts beautiful hardwood floors, high ceilings, original millwork, and abundant natural light. Enjoy your morning coffee on the exclusive front porch and dine al fresco on the back porch adjacent to the kitchen. The open-concept living area flows into a versatile dining room that can also serve as an office. Both front rooms feature original ceiling medallions with updated linen drum fixtures. The large eat-in kitchen, perfect for a bistro set, includes recessed lighting, cherry cabinetry, and granite countertops. The spacious rear bedroom offers a custom walk-in closet and built-in shelving. Conveniently located near Porter and Davis Squares, with a variety of restaurants, shops, and transportation options, this unit offers the best of urban living!

Last Agent to Sell the Property

The Denman Group

Compass Listed on: 09/17/2024

Compass

Last Buyer's Agent

Wayne Terrio

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1920

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 823 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 100 Amp Service

Additional Features

  • Porch
  • Two or More Common Walls
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number 4507244

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, reserve funds
  • 3 Units
  • 296 Summer Street Condominium Community
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,037

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

HOA Fees

$248 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1920
  • Entry Level: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Countertops - Stone/Granite/Solid
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Y
  • Living Area: 823
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Porch
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle, Other
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Steam, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 248
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: 4507244
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2037.27

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2010
Sold by
Bettini James and Bettini Vallerie
Bought by
Schwartz Iris and Perten Herbert
Current Estimated Value
$674,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$140,660
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$541,907
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schwartz Iris $330,000 --
Schwartz Iris $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Iris $210,000
Closed Schwartz Iris $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $643,000 +2.9% $781 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $625,000 -- $759 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,148 $563,500 $0 $563,500
2024 $5,808 $552,100 $0 $552,100
2023 $5,634 $544,900 $0 $544,900
2022 $5,335 $524,100 $0 $524,100
2021 $5,224 $512,700 $0 $512,700
2020 $5,006 $496,100 $0 $496,100
2019 $5,170 $480,500 $0 $480,500
2018 $4,858 $429,500 $0 $429,500
2017 $4,857 $416,200 $0 $416,200
2016 $4,689 $374,200 $0 $374,200
2015 $4,504 $357,200 $0 $357,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Denman Group

    Compass

    (617) 518-4570

    7 in this area

    639 Total Sales

    The Denman Group
    Section Image
  • Wayne Terrio

    Buyer's Agent in 2024

    Wayne Terrio

    Coldwell Banker Realty - Cambridge

    (617) 640-7777

    2 in this area

    71 Total Sales

    Wayne Terrio
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73290998

MLS Property Information Network (MLS PIN)

APN: SOME-000030-C000000-000002-000002

Massachusetts Middlesex County Somerville 02144 Porter Square

296 Summer St Unit 2, Somerville, MA

Not Listed for Sale

Condos

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