NOT LISTED FOR SALE

416 Commonwealth Ave Unit 120 Boston, MA 02215

Back Bay Neighborhood

Estimated Value: $618,000 - $686,000

1 Bed
1 Bath
629 Sq Ft
$519/mo HOA Fee

Last Sold August 01, 2023

Last sale price $595,000 $946 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,766/month

8 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Hynes Convention Center Station
  • In Ground Pool
  • Fitness Center
  • Medical Services
  • 4-minute walk to Commonwealth Avenue Mall

About This Home

As of August 2023

The Somerset is a superb building with concierge, grand lobby and hallways, on-site professional management, pool and fitness center. Enjoy summer days lounging on the patio that surrounds the common pool. This unit is an oversized studio with separate sleeping area, large living space with fireplace and generously sized bathroom. Kitchen includes dishwasher and disposal. Large pantry/storage closet and newly installed a/c system Four windows allow for plenty of light. Great investment opportunity. Currently rented through 7/31. Healthy reserves in the association.

Last Listed By

The Annette Given Team

The Charles Realty Listed on: 05/02/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,167

Year Built

  • Built in 1910

Lot Details

  • 436

HOA Fees

  • $519 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1 Full Bathroom
  • 629 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Parking

  • On-Street Parking
  • Open Parking

Pool

  • In Ground Pool

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W:05 P:03809 S:278,3362349

Community Details

Overview

  • Association fees include water, sewer, insurance, security, maintenance structure, trash, air conditioning
  • 128 Units
  • Mid-Rise Condominium
  • The Somerset Community

Amenities

  • Concierge
  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,167

Year Built

Built in 1910

Lot Details

0

HOA Fees

$519 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1910
  • Buyer Agency: 2.5
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Back)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Freezer
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Basement: N
  • Living Area: 629
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: BB9906
  • LIST PRICE PER Sq Ft: 952.31
  • PRICE PER Sq Ft: 945.95
  • MAIN SO: AN6089

Exterior Features

  • Home Warranty YN: No
  • Pool Features: Association, In Ground
  • Roof: Tile
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Heating: Central, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Concierge
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool, Laundry, Elevator(s), Fitness Center
  • Association Fee: 519
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 120
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Trash, Air Conditioning

Lot Info

  • Parcel Number: W:05 P:03809 S:278,3362349
  • Zoning: CD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 629
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 42
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6167
  • Tax Book Number: 53415

Multi Family

  • Number Of Units Total: 128
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jul 31, 2023
Sold by
Wang Jing
Bought by
Shi Lan and Zhou Tianhui
Seller's Agent
The Annette Given Team
The Charles Realty
Buyer's Agent
Alex Wang
Hestia
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Total Days on Market
8
Views
43
Current Estimated Value
$657,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,511
Avg. Annual Appreciation
5.64%

Purchase Details

Listed on
Sep 23, 2014
Closed on
Aug 28, 2014
Sold by
Lee Winnie
Bought by
Wang Jing
Seller's Agent
Scarlett Tamburro
Advisors Living - Boston
Buyer's Agent
Peter Given
The Charles Realty
Sold Price
$1,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$323,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1996
Sold by
Hsueh Yerng-Terng and Chu Hsueh Chun
Bought by
Lee Winnie

Purchase Details

Closed on
Jun 14, 1989
Sold by
Duffield Jack
Bought by
Hsueh Yerng-Terng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
10.87%
Mortgage Type
Purchase Money Mortgage

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
Shi Lan $595,000 None Available
Wang Jing $431,000 --
Lee Winnie $106,000 --
Hsueh Yerng-Terng $155,999 --
Hsueh Yerng-Terng $155,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Jing $323,250
Previous Owner Hsueh Yerng-Terng $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $595,000 -0.7% $946 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $599,000 0.0% $952 / Sq Ft
03/01/2019 03/01/19 Rented $2,100 0.0% --
01/28/2019 01/28/19 Under Contract -- -- --
01/11/2019 01/11/19 Price Changed $2,100 -4.5% $3 / Sq Ft
11/17/2018 11/17/18 Price Changed $2,200 -2.2% $3 / Sq Ft
11/06/2018 11/06/18 For Rent $2,250 +2.5% --
09/15/2016 09/15/16 Rented $2,195 0.0% --
08/23/2016 08/23/16 Under Contract -- -- --
08/17/2016 08/17/16 Price Changed $2,195 -4.6% $3 / Sq Ft
08/05/2016 08/05/16 For Rent $2,300 +15.3% --
09/23/2014 09/23/14 Rented $1,995 0.0% --
09/23/2014 09/23/14 For Rent $1,995 0.0% --
08/28/2014 08/28/14 Sold $431,000 0.0% $685 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
07/17/2014 07/17/14 Off Market $431,000 -- --
07/11/2014 07/11/14 For Sale $399,000 -- $634 / 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 $6,804 $587,600 $0 $587,600
2024 $6,617 $607,100 $0 $607,100
2023 $6,210 $578,200 $0 $578,200
2022 $6,167 $566,800 $0 $566,800
2021 $6,048 $566,800 $0 $566,800
2020 $5,520 $522,700 $0 $522,700
2019 $5,399 $512,200 $0 $512,200
2018 $5,064 $483,200 $0 $483,200
2017 $4,919 $464,500 $0 $464,500
2016 $4,775 $434,100 $0 $434,100
2015 $5,301 $437,700 $0 $437,700
2014 $4,962 $394,400 $0 $394,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73106088

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-003809-000278