NOT LISTED FOR SALE

416 Commonwealth Ave Unit 116 Boston, MA 02215

Back Bay Neighborhood

Estimated Value: $682,000 - $767,000

1 Bed
1 Bath
673 Sq Ft
$454/mo HOA Fee

Last Sold July 12, 2019

Last sale price $668,000 $993 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,146/month

8 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Hynes Convention Center Station
  • 4-minute walk to Commonwealth Avenue Mall
  • Central Air

About This Home

As of July 2019

In 1899, The Somerset Hotel was hailed by The Boston Globe as “among the distinctively magnificent hotels of the world”. Today it is one of the most revered concierge buildings in the coveted Back Bay! Enjoy the grand elegance of the historic Somerset overlooking Commonwealth Avenue with its beautiful courtyard, well appointed lobby and in-ground outdoor heated pool with seating area and manicured gardens! The Somerset is a full service, elevator building with luxurious amenities which include professional on-site property management, fitness room, courtyard, in-ground heated pool w/seating along a landscaped patio area ~ all in a prime Back Bay location! Short walk to Newbury Street, The Prudential & Fenway Park. Pet friendly for owners w/Trustee Approval. This is a renovated 1 BR 1 BA with a desirable open floor plan for kitchen, living and dining w/wood floors, renovated cherry kitchen w/ SS appliances & granite counters, recessed lighting and breakfast bar, tall ceilings & W-I-C!

Last Listed By

Jennifer Schneider

Century 21 Elite Realty Listed on: 06/18/2019

Century 21 Elite Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1910

Lot Details

  • Year Round Access

HOA Fees

  • $454 per month

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number W:05 P:03809 S:270

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,796

Year Built

Built in 1910

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 949.48
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 116
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 3
  • No Living Levels: 1
  • Main Lo: B99191
  • Main So: AN2383
  • Estimated Sq Ft: 673.00

Exterior Features

  • Pool Description: Inground, Heated

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Heat Pump

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Highway Access, House of Worship, Public School, T-Station, University
  • HOA Fees: 454.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Extra Storage, Refuse Removal, Garden Area, Reserve Funds
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Concierge
  • Management: Professional - On Site

Association/Amenities

  • Condominium Name: The Somerset Condominium

Lot Info

  • Assessments: 570000.00
  • Acre: 0.02
  • Lot Size: 673.00
  • Page: 283
  • Parcel Number: W:05 P:03809 S:270
  • Zoning: res B-
  • Master Book: 10381
  • Master Page: 305

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 6008.00
  • Assessor Parcel Number: 3362360

Multi Family

  • No Units: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jul 1, 2019
Sold by
Farahmand Arya and Farrahi Shirin
Bought by
Tamara & Danya Llc
Seller's Agent
Jennifer Schneider
Century 21 Elite Realty
Buyer's Agent
Mark Fumicello
Compass
List Price
$635,000
Sold Price
$668,000
Premium/Discount to List
$33,000
5.2%
Total Days on Market
8
Current Estimated Value
$722,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,066
Avg. Annual Appreciation
1.83%

Purchase Details

Closed on
Jun 30, 2017
Sold by
Ivers Kevin and Castro Vinicius
Bought by
Farahmand Arya and Farrahi Shirin

Purchase Details

Listed on
Jul 23, 2012
Closed on
Nov 7, 2012
Sold by
Messinger Glenn and Messinger Shari C
Bought by
Ivers Kevin and Castro Vinicius
Seller's Agent
Tracey Smith
Coldwell Banker Realty - Boston
Buyer's Agent
Jennifer Schneider
Century 21 Elite Realty
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$399,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Scheck Margaret
Bought by
Messinger Glenn and Messinger Shari C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2005
Sold by
Scheck Margaret and Scheck William D
Bought by
Scheck Margaret

Purchase Details

Closed on
Jan 14, 2005
Sold by
Morris Craig D and Morris Judy E
Bought by
Scheck Margaret and Scheck William D

Purchase Details

Closed on
Aug 23, 2001
Sold by
Alvarez Vivian
Bought by
Morris Craig D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2000
Sold by
Savin David L
Bought by
Alvarez Vivian L

Range of Values:

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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
Tamara & Danya Llc $668,000 --
Farahmand Arya $570,000 --
Ivers Kevin $420,000 --
Messinger Glenn $395,000 --
Scheck Margaret -- --
Scheck Margaret $349,000 --
Morris Craig D $292,500 --
Alvarez Vivian L $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ivers Kevin $399,000
Previous Owner Messinger Glenn $316,000
Previous Owner Alvarez Vivian L $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $668,000 +4.5% $993 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $639,000 +0.6% $949 / Sq Ft
06/18/2019 06/18/19 For Sale $635,000 0.0% $944 / Sq Ft
04/29/2016 04/29/16 Rented $2,750 0.0% --
04/11/2016 04/11/16 Under Contract -- -- --
03/10/2016 03/10/16 Price Changed $2,750 -5.2% $4 / Sq Ft
02/26/2016 02/26/16 For Rent $2,900 0.0% --
11/07/2012 11/07/12 Sold $420,000 -2.1% $624 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $429,000 -- $637 / 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 $7,796 $673,200 $0 $673,200
2024 $7,341 $673,500 $0 $673,500
2023 $6,890 $641,500 $0 $641,500
2022 $6,842 $628,900 $0 $628,900
2021 $6,710 $628,900 $0 $628,900
2020 $6,141 $581,500 $0 $581,500
2019 $6,008 $570,000 $0 $570,000
2018 $5,634 $537,600 $0 $537,600
2017 $5,473 $516,800 $0 $516,800
2016 $5,313 $483,000 $0 $483,000
2015 $5,907 $487,800 $0 $487,800
2014 $5,670 $450,700 $0 $450,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72520854

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-003809-000270