A
Seller's Agent in 2016
Ann Kirby
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 666-2121
1 Total Sale
37 Banks St Somerville, MA 02144
Spring Hill NeighborhoodEstimated Value: $740,000 - $2,059,441
5
Beds
2
Baths
2,896
Sq Ft
$454/Sq Ft
Est. Value
About This Home
As of October 2016Location is everything for this classic 2-family (4/7) located on a tree lined residential street between Davis and Porter Squares. This property has been owned and maintained by the same family for over 60 years. They have retained many of the original features including wood trim, pocket doors, wood mantles and built in china closets as well as pantries and foyers. Unit 1 has 4 rooms / 1 bedroom and a flexible layout. Unit 2 is on the 2nd and 3rd floors and has 7 rooms/4 bedrooms. There is a 1-car garage and driveway , Front and Rear porches and a small yard. Both Units will be delivered vacant. Perfect opportunity for condo conversion, renovation or restoration. Close to all that Porter and Davis have to offer. Easy walk to Red line at Porter or Davis Showings begin with Open House on Sunday, Sept. 25 from Noon to 1:30. Group showings Monday through Wednesday. Offers due Thursday, Sept. 29 by Noon. PLEASE MAKE APPOINTMENT FOR GROUP SHOWING
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 09/23/2016
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$15,827
Year Built
1920
Lot Details
0
Listing Details
- Lot Description: Paved Drive
- Property Type: Multi-family
- Other Agent: 2.50
- Lead Paint: Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1920
Interior Features
- Has Basement: Yes
- Number of Rooms: 11
- Amenities: Public Transportation, Shopping, Bike Path, Public School, T-Station
- Electric: Circuit Breakers
- Flooring: Vinyl, Hardwood
- Basement: Full, Walk Out, Interior Access, Sump Pump, Concrete Floor
- Total Levels: 3
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Clapboard, Shingles
- Exterior Features: Porch
- Foundation: Fieldstone, Brick
Garage/Parking
- Garage Spaces: 1
- Parking: Off-Street, Tandem
- Parking Spaces: 3
Utilities
- Cooling Zones: 1
- Heat Zones: 2
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 2
Schools
- High School: Somerville
Lot Info
- Assessor Parcel Number: 5945
- Zoning: RA
- Lot: 32
Multi Family
- Cooling Units: 1
- Heat Units: 2
- Total Bedrooms: 5
- Total Floors: 3
- Total Full Baths: 2
- Total Levels: 3
- Total Rms: 11
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2025
Sold by
Wells William M and Gillard Colleen S
Bought by
Shaikewitz Lorenzo and Franceschini Nora
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$379,327
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$934,533
Purchase Details
Closed on
May 23, 2025
Sold by
Gillard Colleen S and Wells William M
Bought by
Rossoukh Ramya R and Caton Steven C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$379,327
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$934,533
Purchase Details
Closed on
May 16, 2025
Sold by
Wells William M and Gillard Colleen S
Bought by
Peterson Marisa and Essery Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$379,327
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$934,533
Purchase Details
Listed on
Sep 23, 2016
Closed on
Oct 28, 2016
Sold by
Herlihy Rt
Bought by
Wells William M and Gillard Colleen S
Seller's Agent
Ann Kirby
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Robin Repucci
Compass
List Price
$949,000
Sold Price
$1,100,000
Premium/Discount to List
$151,000
15.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$672,100
Interest Rate
3.5%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Shaikewitz Lorenzo | $730,000 | None Available | |
| Shaikewitz Lorenzo | $730,000 | None Available | |
| Rossoukh Ramya R | $745,000 | None Available | |
| Rossoukh Ramya R | $745,000 | None Available | |
| Peterson Marisa | $769,000 | None Available | |
| Wells William M | $1,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shaikewitz Lorenzo | $380,000 | |
| Closed | Shaikewitz Lorenzo | $380,000 | |
| Closed | Rossoukh Ramya R | $372,500 | |
| Open | Peterson Marisa | $730,550 | |
| Previous Owner | Wells 3Rd William M | $672,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2016 10/28/16 | Sold | $1,100,000 | +15.9% | $380 / Sq Ft |
| 10/03/2016 10/03/16 | Pending | -- | -- | -- |
| 09/23/2016 09/23/16 | For Sale | $949,000 | -- | $328 / 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 | $15,827 | $1,450,700 | $844,600 | $606,100 |
| 2024 | $15,152 | $1,440,300 | $844,600 | $595,700 |
| 2023 | $14,486 | $1,401,000 | $844,600 | $556,400 |
| 2022 | $13,639 | $1,339,800 | $804,300 | $535,500 |
| 2021 | $13,300 | $1,305,200 | $798,500 | $506,700 |
| 2020 | $12,346 | $1,223,600 | $745,700 | $477,900 |
| 2019 | $12,264 | $1,139,800 | $727,300 | $412,500 |
| 2018 | $12,120 | $1,071,600 | $661,300 | $410,300 |
| 2017 | $10,314 | $883,800 | $623,800 | $260,000 |
| 2016 | $8,784 | $701,000 | $464,200 | $236,800 |
| 2015 | $8,365 | $663,400 | $428,700 | $234,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Kirby
-
Robin Repucci
Buyer's Agent in 2016
Robin Repucci
Compass
(617) 388-3312
3 in this area
25 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72072223
APN: SOME-000030-B000000-000032
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.
Nearby Homes
- 36 Burnside Ave Unit 3
- 36 Burnside Ave Unit 2
- 32 Burnside Ave Unit 2
- 115 Elm St
- 3 Fairlee St
- 98 Hancock St Unit 2
- 32-40 White St
- 7 Beech St Unit 319
- 7 Beech St Unit 311
- 1 Davenport St Unit 11
- 1963 Massachusetts Ave Unit 404
- 199 Elm St
- 371 Highland Ave
- 10 Cottage Ave Unit 10A
- 156 Hudson St Unit 156R
- 23 Highland Rd
- 17 Linden Ave Unit 2
- 263 Highland Ave Unit 1
- 36 Highland Rd
- 15-19 Mount Vernon St Unit 4
- 41 Banks St
- 35 Banks St Unit 2
- 35 Banks St
- 45 Banks St
- 29 Banks St
- 48 Burnside Ave
- 52 Burnside Ave
- 42 Banks St
- 42 Banks St Unit 3
- 42 Banks St Unit 2
- 42 Banks St Unit 1
- 306 Summer St
- 306 Summer St Unit 2L
- 306 Summer St Unit 2T
- 306 Summer St Unit 2A
- 306 Summer St Unit 1T
- 44 Burnside Ave
- 36 Banks St
- 308 Summer St Unit 2
- 44 Banks St