NOT LISTED FOR SALE

416 Commonwealth Ave Unit 409 Boston, MA 02215

Back Bay Neighborhood

Estimated Value: $801,000 - $874,000

1 Bed
1 Bath
790 Sq Ft
$639/mo HOA Fee

Last Sold January 10, 2024

Last sale price $770,000 $975 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,800/month

57 Days on Market

Highlights

  • Doorman
  • 3-minute walk to Hynes Convention Center Station
  • Wood Flooring
  • Fitness Center
  • Deck
  • 4-minute walk to Commonwealth Avenue Mall

About This Home

As of January 2024

Own an elegant piece of Boston's history at The Somerset! Setting this unit apart, is the direct access to the private deck large enough for both outdoor dining and entertaining. It's evident this unit was updated as a primary residence, the quality of the finishes include gleaming hardwood flooring, Wolf oven and cooktop, granite counters, SubZero full-sized refrigerator, ceramic kitchen floor tile, stone tiled bath, freshly painted walls, and a newer water heater. Plentiful in-unit storage is made efficient with built-in organization systems. First The Somerset Hotel and now residences, this gem has been painstakingly maintained to retain exquisite detail enjoyed for years by celebrities and discerning Boston visitors (including The Beatles). Amenities include a courtyard, bike room, exercise room, heated outdoor pool, and doorman. Parking spaces for rent at the building garage. Lease is in place until August 2024. Showings Thursday afternoons 3:30-4:30.

Last Agent to Sell the Property

Ann Cohen

Barrett Sotheby's International Realty Listed on: 10/04/2023

Barrett Sotheby's International Realty

Last Buyer's Agent

Kevin Johnson

Realty20

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,828

Year Built

  • Built in 1910

Lot Details

  • 784

HOA Fees

  • $639 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Stone

Interior Spaces

  • 790 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 3362336

Community Details

Overview

  • Other Mandatory Fees include Master Insurance
  • Association fees include water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal
  • 116 Units
  • Mid-Rise Condominium
  • The Somerset Community

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,828

Year Built

Built in 1910

Lot Details

0

HOA Fees

$639 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1910
  • Entry Level: 4
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: Yes
  • Basement: N
  • Living Area: 790
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN0538
  • MAIN SO: AN7803

Exterior Features

  • Exterior Features: Deck
  • Construction Materials: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Doorman
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Pool, Laundry, Elevator(s), Fitness Center, Storage
  • Association Fee: 639
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Senior Community YN: No
  • OPT FEE INCLUDES: Master Insurance
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 3362336
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7828

Multi Family

  • Number Of Units Total: 116
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Sep 27, 2017
Sold by
Anand Gaurika
Bought by
Anand Real Estate Llc
Seller's Agent
Gaurika Anand Amini
Gaurika Anand Amini
Buyer's Agent
Gaurika Anand Amini
Gaurika Anand Amini
Sold Price
$3,100
Current Estimated Value
$840,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,561

Purchase Details

Closed on
Dec 22, 2010
Sold by
Willis Christopher J
Bought by
Anand Gaurika

Purchase Details

Closed on
Jun 18, 2004
Sold by
Cormier John V Est and Nealon
Bought by
Willis Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Wilson Stuart I and Wilson Jill
Bought by
Cormier John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
7.61%
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 Buyer Sale Price Title Company
Anand Real Estate Llc -- --
Anand Gaurika $497,499 --
Willis Christopher J $375,000 --
Cormier John $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cormier John $373,125
Previous Owner Cormier John $300,000
Previous Owner Cormier John $171,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2024 01/10/24 Sold $770,000 -3.1% $975 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $795,000 -1.9% $1,006 / Sq Ft
10/04/2023 10/04/23 For Sale $810,000 0.0% $1,025 / Sq Ft
04/30/2022 04/30/22 Rented $3,600 0.0% --
04/03/2022 04/03/22 Price Changed $3,600 +1.4% $5 / Sq Ft
04/01/2022 04/01/22 For Rent $3,550 +2.2% --
08/01/2021 08/01/21 Rented $3,475 0.0% --
05/21/2021 05/21/21 Price Changed $3,475 +2.2% $4 / Sq Ft
04/30/2021 04/30/21 Price Changed $3,400 -2.9% $4 / Sq Ft
04/07/2021 04/07/21 For Rent $3,500 +4.5% --
04/30/2019 04/30/19 Rented $3,350 0.0% --
03/03/2019 03/03/19 For Rent $3,350 +8.1% --
10/05/2017 10/05/17 Rented $3,100 +6.9% --
09/27/2017 09/27/17 Price Changed $2,900 -3.3% $4 / Sq Ft
09/22/2017 09/22/17 Price Changed $3,000 -3.2% $4 / Sq Ft
09/11/2017 09/11/17 Price Changed $3,100 -3.1% $4 / Sq Ft
08/28/2017 08/28/17 Price Changed $3,200 -3.0% $4 / Sq Ft
07/16/2017 07/16/17 Price Changed $3,300 -2.9% $4 / Sq Ft
05/18/2017 05/18/17 Price Changed $3,400 -2.9% $4 / Sq Ft
05/03/2017 05/03/17 For Rent $3,500 +6.1% --
05/15/2016 05/15/16 Rented $3,300 +10.0% --
05/01/2016 05/01/16 Price Changed $3,000 -10.4% $4 / Sq Ft
04/27/2016 04/27/16 Price Changed $3,350 -5.6% $4 / Sq Ft
04/11/2016 04/11/16 Price Changed $3,550 -6.6% $4 / Sq Ft
03/07/2016 03/07/16 Price Changed $3,800 -5.0% $5 / Sq Ft
03/01/2016 03/01/16 Price Changed $4,000 -2.4% $5 / Sq Ft
01/10/2016 01/10/16 For Rent $4,100 0.0% --
12/24/2015 12/24/15 Off Market $4,100 -- --
12/06/2015 12/06/15 For Rent $4,100 -- --
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 $8,822 $761,800 $0 $761,800
2024 $8,343 $765,400 $0 $765,400
2023 $7,828 $728,900 $0 $728,900
2022 $7,775 $714,600 $0 $714,600
2021 $7,625 $714,600 $0 $714,600
2020 $7,066 $669,100 $0 $669,100
2019 $6,912 $655,800 $0 $655,800
2018 $6,482 $618,500 $0 $618,500
2017 $6,297 $594,600 $0 $594,600
2016 $6,113 $555,700 $0 $555,700
2015 $6,503 $537,000 $0 $537,000
2014 $6,160 $489,700 $0 $489,700
Source: Public Records

Agents Affiliated with this Home

  • Ann Cohen

    Seller's Agent in 2024

    Ann Cohen

    Barrett Sotheby's International Realty

    (978) 501-2850

    1 in this area

    42 Total Sales

    Ann Cohen
    Section Image
  • Kevin Johnson

    Buyer's Agent in 2024

    Kevin Johnson

    Realty20

    (407) 456-0640

    1 in this area

    17 Total Sales

    Kevin Johnson
    Section Image

  • G

    Seller's Agent in 2022

    Gaurika Anand Amini

    Gaurika Anand Amini

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73166536

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-003809-000118

Massachusetts Suffolk County Boston 02115 Back Bay

416 Commonwealth Ave Unit 409, Boston, MA

Not Listed for Sale

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