SOLD DEC 30, 2013
RENTED MAY 15, 2025
4 Banks St Unit 1 Somerville, MA 02144
Spring Hill Neighborhood
2
Beds
1
Bath
1,016
Sq Ft
3,049
Sq Ft Lot
About This Home
As of December 2013Conveniently located just a 5 minute walk from Porter and Davis Squares, bike path & Red Line T. Steps from restaurants, cafes, and shops. Recently renovated in 2005 with granite counter tops, stainless steel appliances and tiled bathroom. Large separate dining and living room with hardwood floors, stained glass window, built in china cabinet, bay windows, in unit laundry and ample basement storage. Outdoor space includes common front and rear porches with exclusive use of landscaped backyard, perfect for gardening and entertaining. Pet Friendly!
Last Buyer's Agent
Ann Sabbey
RE/MAX Destiny
Property Details
Home Type
Condominium
Est. Annual Taxes
$7,514
Year Built
1920
Lot Details
0
Listing Details
- Unit Level: 1
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1920
Interior Features
- Has Basement: Yes
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Public School, T-Station, University
- Bedroom 2: First Floor, 11X10
- Kitchen: First Floor, 13X11
- Living Room: First Floor, 14X11
- Master Bedroom: First Floor, 13X10
- Master Bedroom Description: Flooring - Hardwood
- Dining Room: First Floor, 13X11
Garage/Parking
- Parking Spaces: 0
Utilities
- Hot Water: Natural Gas
Condo/Co-op/Association
- Condominium Name: 4-6 Banks Street Condominiums
- Association Fee Includes: Water, Sewer, Master Insurance
- Pets Allowed: Yes w/ Restrictions
- No Units: 3
- Unit Building: 1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2013
Closed on
Dec 30, 2013
Sold by
Osteen Sarah
Bought by
Graber Lauren A
Seller's Agent
Elisee Labrecque
RE/MAX Real Estate Center
Buyer's Agent
Ann Sabbey
RE/MAX Destiny
List Price
$429,000
Sold Price
$470,000
Premium/Discount to List
$41,000
9.56%
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
$375,188
Avg. Annual Appreciation
4.86%
Original Mortgage
$376,000
Interest Rate
4.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2005
Sold by
Gilbert Gary W and Gilbert Gary
Bought by
Osteen Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,400
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 18, 2004
Sold by
Emilija Richardson Rt
Bought by
Gilbert Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,600
Interest Rate
5.8%
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 |
|---|---|---|---|
| Not Resolvable | $470,000 | -- | |
| Deed | $395,500 | -- | |
| Deed | $926,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $333,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $369,750 | No Value Available | |
| Closed | $376,000 | New Conventional | |
| Previous Owner | $299,726 | No Value Available | |
| Previous Owner | $316,400 | Purchase Money Mortgage | |
| Previous Owner | $421,600 | Purchase Money Mortgage | |
| Previous Owner | $370,400 | No Value Available | |
| Previous Owner | $123,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Rented | $3,900 | +16.4% | -- |
| 05/07/2025 05/07/25 | Off Market | $3,350 | -- | -- |
| 05/06/2025 05/06/25 | For Rent | $3,350 | +24.1% | -- |
| 10/12/2021 10/12/21 | Rented | -- | -- | -- |
| 10/06/2021 10/06/21 | Under Contract | -- | -- | -- |
| 10/01/2021 10/01/21 | For Rent | $2,700 | 0.0% | -- |
| 12/30/2013 12/30/13 | Sold | $470,000 | 0.0% | $463 / Sq Ft |
| 10/23/2013 10/23/13 | Pending | -- | -- | -- |
| 10/11/2013 10/11/13 | Off Market | $470,000 | -- | -- |
| 10/09/2013 10/09/13 | For Sale | $429,000 | -- | $422 / 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 | $7,514 | $688,700 | $0 | $688,700 |
| 2024 | $7,055 | $670,600 | $0 | $670,600 |
| 2023 | $6,872 | $664,600 | $0 | $664,600 |
| 2022 | $6,642 | $652,500 | $0 | $652,500 |
| 2021 | $6,513 | $639,200 | $0 | $639,200 |
| 2020 | $6,315 | $625,900 | $0 | $625,900 |
| 2019 | $6,448 | $599,300 | $0 | $599,300 |
| 2018 | $6,601 | $583,600 | $0 | $583,600 |
| 2017 | $5,766 | $494,100 | $0 | $494,100 |
| 2016 | $5,508 | $439,600 | $0 | $439,600 |
| 2015 | $5,531 | $438,600 | $0 | $438,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lilia Zilbershtein
L
Seller's Agent in 2025
Lilia Zilbershtein
Compass
(401) 274-1644
7 Total Sales
-
Meg Grady
Seller's Agent in 2021
Meg Grady
Lantern Residential
(508) 320-7058
48 Total Sales
-
William Natoli
Buyer's Agent in 2021
William Natoli
Compass
(617) 206-3333
21 Total Sales
-
Elisee Labrecque
Seller's Agent in 2013
Elisee Labrecque
RE/MAX Real Estate Center
(617) 921-0356
1 in this area
32 Total Sales
-
A
Buyer's Agent in 2013
Ann Sabbey
RE/MAX
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71594735
APN: SOME-30 A 15
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