$399,000
SOLD JUL 2, 2013
1 Bed
1 Bath
741 Sq Ft
$122/mo HOA Fee

Recently Sold

$538 Per Sq Ft

12% Above List Price

9 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Jogging Path
  • Somerville High School Rated A-
  • Wood Flooring
  • Park

About This Home

As of June 2023

Location, location, location!!! This wonderful top-floor condominium is just steps to both Davis and Porter Sqs; walk to everything, w/ the bonus of deeded pkg! Beautifully reno in 2008, the condo has an open, sunny, sky-lit fl plan. A fully-applianced granite/stainless kitchen features a lg built-in banquette for dining + opens to the charming living room, with lots of built-in bookcases, eave storage, and a cozy TV nook. Oak fl, handsome moldings, C/A, in-unit laundry - move in perfection!

Last Agent to Sell the Property

Martha Hoffmann

Coldwell Banker Realty - Cambridge License #449506288 Listed on: 05/29/2013

Last Buyer's Agent

Megan Flaherty

William Raveis R. E. & Home Services

William Raveis R. E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,112

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 741 Sq Ft Home
  • 1-Story Property
  • Insulated Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • No Units Above
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4718852

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 3 Units
  • 328 Summer Street Condominium Community

Amenities

  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,112

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 9999
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Laundry Features: In Unit
  • Accessibility Features: No
  • Living Area: 741
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 481.78
  • PRICE PER Sq Ft: 538.46
  • MAIN SO: M59500

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Deeded, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 122
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 4718852
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 343
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2111.85
  • Tax Book Number: 51328

Multi Family

  • Number Of Units Total: 3
  • NO UNITS OWNER OCC: 3

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
$683,871

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $630,000 None Available
Deed $399,000 --
Deed $302,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 Purchase Money Mortgage
Previous Owner $219,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Adjustable Rate Mortgage/ARM
Previous Owner $256,000 No Value Available
Previous Owner $256,700 Purchase Money Mortgage
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

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 $6,797 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71532798

MLS Property Information Network (MLS PIN)

APN: SOME-000025-E000000-000003-000003