328 Summer St Unit 3 Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $677,000 - $698,000
1
Bed
1
Bath
741
Sq Ft
$153/mo
HOA Fee
Highlights
- Medical Services
- No Units Above
- Custom Closet System
- Somerville High School Rated A-
- Open Floorplan
- Property is near public transit
About This Home
As of June 2023Welcome to this sun-filled penthouse condo boasting an open floor plan, off-street parking, and an unbeatable location just blocks away from both Davis and Porter Squares. The unit offers abundant natural light, gleaming hardwood floors, and ample storage space. The spacious living room features built-in bookshelves and a versatile nook perfect for a home office or entertainment center. The updated kitchen is perfect for cooking and dining with a charming built-in banquet, stainless steel appliances and beautiful skylights. The well-sized bedroom includes a walk-in closet. Additional amenities include an updated oversized bathroom, in-unit laundry, central air, private storage, 1 off-street non-tandem parking spot and a beautiful garden/yard area. Enjoy this top location with easy access to shops, restaurants, entertainment, the bike path, and public transportation!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,230
Year Built
- Built in 1920
Lot Details
- No Units Above
HOA Fees
- $153 Monthly HOA Fees
Interior Spaces
- 741 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Skylights
- Recessed Lighting
- Basement
Kitchen
- Stove
- Range
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on third floor
- Custom Closet System
- Dual Closets
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:25 B:E L:3 U:3,4718852
Community Details
Overview
- Association fees include water, sewer, insurance, reserve funds
- 3 Units
- 328 Summer Street Condominium Community
Amenities
- Medical Services
- Common Area
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2023
Closed on
Jun 26, 2023
Sold by
Veale Patrick J
Bought by
Ranii Emily
Seller's Agent
Kim Covino
Compass
Buyer's Agent
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
List Price
$579,000
Sold Price
$630,000
Premium/Discount to List
$51,000
8.81%
Views
31
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
$53,871
Avg. Annual Appreciation
3.49%
Original Mortgage
$380,000
Outstanding Balance
$371,771
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,780
Purchase Details
Listed on
May 29, 2013
Closed on
Jul 2, 2013
Sold by
Osullivan Katherine E
Bought by
Veale Patrick J
Seller's Agent
Martha Hoffmann
Coldwell Banker Realty - Cambridge
Buyer's Agent
Megan Flaherty
William Raveis R. E. & Home Services
List Price
$357,000
Sold Price
$399,000
Premium/Discount to List
$42,000
11.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$219,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 19, 2008
Sold by
Albano Peter R
Bought by
Osullivan Katherine E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,700
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ranii Emily | $630,000 | None Available | |
| Veale Patrick J | $399,000 | -- | |
| Osullivan Katherine E | $302,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ranii Emily | $380,000 | |
| Previous Owner | Veale Patrick J | $219,000 | |
| Previous Owner | Osullivan Katherine E | $250,000 | |
| Previous Owner | Osullivan Katherine E | $256,000 | |
| Previous Owner | Osullivan Katherine E | $256,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $630,000 | +8.8% | $850 / Sq Ft |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 05/17/2023 05/17/23 | For Sale | $579,000 | +45.1% | $781 / Sq Ft |
| 07/02/2013 07/02/13 | Sold | $399,000 | +11.8% | $538 / Sq Ft |
| 06/06/2013 06/06/13 | Pending | -- | -- | -- |
| 05/28/2013 05/28/13 | For Sale | $357,000 | -- | $482 / 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 | $6,797 | $623,000 | $0 | $623,000 |
| 2024 | $6,422 | $610,500 | $0 | $610,500 |
| 2023 | $6,230 | $602,500 | $0 | $602,500 |
| 2022 | $5,901 | $579,700 | $0 | $579,700 |
| 2021 | $5,780 | $567,200 | $0 | $567,200 |
| 2020 | $5,539 | $549,000 | $0 | $549,000 |
| 2019 | $5,723 | $531,900 | $0 | $531,900 |
| 2018 | $5,534 | $489,300 | $0 | $489,300 |
| 2017 | $4,943 | $423,600 | $0 | $423,600 |
| 2016 | $5,142 | $410,400 | $0 | $410,400 |
| 2015 | $4,675 | $370,700 | $0 | $370,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Covino
Seller's Agent in 2023
Kim Covino
Compass
(781) 249-3854
1 in this area
428 Total Sales
-
Aurielle Kallmerten
A
Seller Co-Listing Agent in 2023
Aurielle Kallmerten
Compass
(617) 913-2772
1 in this area
19 Total Sales
-
The Rasner Group
T
Buyer's Agent in 2023
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
(904) 687-8456
2 in this area
152 Total Sales
-
M
Seller's Agent in 2013
Martha Hoffmann
Coldwell Banker Realty - Cambridge
-
Megan Flaherty
Buyer's Agent in 2013
Megan Flaherty
William Raveis R. E. & Home Services
(508) 395-6528
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73112561
APN: SOME-000025-E000000-000003-000003
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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