$596,500
SOLD MAR 7, 2025

416 Commonwealth Ave Unit 118 Boston, MA 02215

Back Bay Neighborhood
-- Bed
1 Bath
613 Sq Ft
$661/mo HOA Fee

Recently Sold

$973 Per Sq Ft

5% Below List Price

136 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Hynes Convention Center Station
  • Property is near public transit
  • Indoor Pool
  • Medical Services
  • 4-minute walk to Commonwealth Avenue Mall

About This Home

As of March 2025

The Prestigious Somerset Condominiums located at 416 Commonwealth Ave. This Iconic Landmark Building is known for its Limestone Facade, wide grander overlooking the mall and premier Back Bay location. Full-Service Amenities include a 24-hr Concierge, Heated Outdoor Pool, Exercise Room, 3 Elevators, Bicycle Storage, Professional on-site Management & Superintendent. The European inspired lobby has maintained timeless features like Italian marble, chandeliers and stained-glass window. South Facing Sunny 613 SF condo is larger than many 1 bedrooms! Central Air, decorative fireplace and a bay window. Common laundry one floor down and additional deeded storage, just for you! Steps to Newbury Street offering boutiques, shops, award-winning restaurants & public transportation. Covered Parking space is available to purchase in the garage.

Last Agent to Sell the Property

Collin Bray

Century 21 Cityside Listed on: 09/23/2024

Century 21 Cityside

Last Buyer's Agent

Collin Bray

Century 21 Cityside Listed on: 09/23/2024

Century 21 Cityside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,908

Year Built

  • Built in 1910

HOA Fees

  • $661 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1 Full Bathroom
  • 613 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring

Parking

  • 1 Car Parking Space
  • Parking Available

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone

Additional Features

  • Level Entry For Accessibility
  • Indoor Pool

Listing and Financial Details

  • Assessor Parcel Number 3362387

Community Details

Overview

  • Association fees include water, sewer, insurance, security
  • 128 Units
  • Mid-Rise Condominium
  • The Somerset Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,908

Year Built

Built in 1910

Lot Details

0

HOA Fees

$661 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1910
  • Entry Level: 1
  • Year Built Details: Actual
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Basement: N
  • Above Grade Finished Sq Ft: 613
  • Accessibility Features: Accessible Entrance
  • Living Area: 613
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: BB6400
  • MAIN SO: BB6400

Exterior Features

  • Home Warranty YN: No
  • Pool Features: Association, Indoor
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Available for Purchase
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Pool, Laundry, Elevator(s), Fitness Center
  • Association Fee: 661
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Highway Access, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security

Lot Info

  • Parcel Number: 3362387
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6908

Multi Family

  • Number Of Units Total: 128
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Mar 4, 2025
Sold by
Jeanloz Theodore
Bought by
Somerset 118 Llc
Seller's Agent
Collin Bray
Century 21 Cityside
Buyer's Agent
Collin Bray
Century 21 Cityside
List Price
$625,000
Sold Price
$596,500
Premium/Discount to List
-$28,500
-4.56%
Views
92
Current Estimated Value
$632,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,876
Avg. Annual Appreciation
8.57%
Original Mortgage
$850,000
Outstanding Balance
$844,267
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$211,891

Purchase Details

Closed on
Aug 30, 2006
Sold by
Ruggera Elaine
Bought by
Jeanloz Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Condominium Deed $596,500 None Available
Condominium Deed $596,500 None Available
Deed $326,000 --
Deed $326,000 --
Deed $326,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $850,000 Purchase Money Mortgage
Closed $850,000 New Conventional
Previous Owner $260,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold $596,500 -2.2% $973 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
11/19/2024 11/19/24 Price Changed $610,000 -2.4% $995 / Sq Ft
09/23/2024 09/23/24 For Sale $625,000 0.0% $1,020 / Sq Ft
08/16/2017 08/16/17 Rented $2,250 0.0% --
08/07/2017 08/07/17 Under Contract -- -- --
07/26/2017 07/26/17 For Rent $2,250 +12.5% --
09/06/2013 09/06/13 Rented $2,000 +0.3% --
09/06/2013 09/06/13 For Rent $1,995 -- --
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 $7,335 $633,400 $0 $633,400
2024 $6,908 $633,800 $0 $633,800
2023 $6,483 $603,600 $0 $603,600
2022 $6,439 $591,800 $0 $591,800
2021 $6,315 $591,800 $0 $591,800
2020 $5,866 $555,500 $0 $555,500
2019 $5,739 $544,500 $0 $544,500
2018 $5,381 $513,500 $0 $513,500
2017 $5,228 $493,700 $0 $493,700
2016 $5,075 $461,400 $0 $461,400
2015 $5,419 $447,500 $0 $447,500
2014 $4,916 $390,800 $0 $390,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73293790

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-003809-000274