NOT LISTED FOR SALE

416 Commonwealth Ave Unit 508 Boston, MA 02215

Back Bay Neighborhood

Estimated Value: $953,000 - $1,171,000

1 Bed
2 Baths
953 Sq Ft
$540/mo HOA Fee

Last Sold January 13, 2022

Last sale price $915,000 $960 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,808/month

47 Days on Market

Highlights

  • Resident Manager or Management On Site
  • 3-minute walk to Hynes Convention Center Station
  • 4-minute walk to Commonwealth Avenue Mall

About This Home

As of January 2022

Elegant oversized 1 bed, 1.5 bath at the Somerset! This renovated 5th floor home has a new kitchen with abundant storage, stainless appliances and a breakfast bar open to the dining/living areas with oversized, newly replaced windows throughout and parquet flooring. A large and open living space is separated from the bedroom by a private corridor with a laundry closet and a half bath that leads to a king size bedroom suite. This large bedroom has an en suite bath, a walk in closet and south facing windows. This wonderful home has the option of 1 full garage parking space for $125,000! The Somerset offers 24-hour concierge, on site management, sophisticated common areas, gym, pool and pool deck!

Last Agent to Sell the Property

Michael Harper

Coldwell Banker Realty - Boston Listed on: 09/07/2021

Coldwell Banker Realty - Boston

Last Buyer's Agent

Bill Gehan

Campion & Company Fine Homes Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,436

Year Built

  • 1910

Lot Details

  • 871

HOA Fees

  • $540 per month

Parking

  • 1

Community Details

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,436

Year Built

1910

Lot Details

0

HOA Fees

$540 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • Carport Y N: No
  • Directions: Commonwealth Ave
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Structure Type: Mid-Rise
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Master Bathroom Features: Yes
  • MAIN LO: AN0499
  • MAIN SO: BB5984
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Stories: 1

Exterior Features

  • Pool Features: Association, In Ground
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Security: Doorman
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Professional - On Site
  • Amenities: Pool, Elevator(s), Fitness Center, Garden Area
  • Association Fee: 540
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, T-Station, University
  • Pets Allowed: Breed Restrictions

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Air Conditioning

Lot Info

  • LOT SIZE: 953
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 871.2
  • Zoning: CD

Multi Family

  • Number Of Units Total: 129

Tax Info

  • Tax Annual Amount: 9020
  • Tax Book Number: 53442
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 13, 2022
Sold by
Somerset Unit 508 Llc
Bought by
Simon Steven and Brown Susan
Seller's Agent
Michael Harper
Coldwell Banker Realty - Boston
Buyer's Agent
Bill Gehan
Campion & Company Fine Homes Real Estate
List Price
$995,000
Sold Price
$915,000
Premium/Discount to List
-$80,000
-8.04%
Current Estimated Value
$1,025,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,249
Avg. Annual Appreciation
3.00%
Original Mortgage
$915,000
Outstanding Balance
$839,136
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,113

Purchase Details

Closed on
Oct 5, 2016
Sold by
Niedermeyer Thomas J
Bought by
Somerset Unit 508 Llc

Purchase Details

Closed on
Dec 7, 2015
Sold by
Niedermeyer Thomas J
Bought by
Somerset Unit 508 Llc

Purchase Details

Listed on
Mar 4, 2014
Closed on
Sep 4, 2014
Sold by
Almolhem Khalid A
Bought by
Niedermeyer Thomas J
Seller's Agent
Brett DeRocker
First Boston Realty International
Buyer's Agent
Michael Harper
Coldwell Banker Realty - Boston
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$500,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Egan Donald J and Egan Rebecca K
Bought by
Almolhem Khalid A

Purchase Details

Closed on
Aug 18, 2005
Sold by
Braga Robert F
Bought by
Braga Donald J and Braga Rebecca K

Purchase Details

Closed on
Mar 30, 2005
Sold by
Joy Jolene
Bought by
Braga Robert F and Braga Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,300
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2003
Sold by
Vandergriff Judy B
Bought by
Joy Michael and Joy Jolene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Simon Steven $915,000 None Available
Somerset Unit 508 Llc -- --
Somerset Unit 508 Llc -- --
Niedermeyer Thomas J $750,000 --
Niedermeyer Thomas J $750,000 --
Almolhem Khalid A $610,000 --
Almolhem Khalid A $610,000 --
Braga Donald J $632,000 --
Braga Donald J $632,000 --
Braga Robert F $497,000 --
Braga Robert F $497,000 --
Joy Michael $444,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Steven $915,000
Previous Owner Niedermeyer Thomas J $500,000
Previous Owner Braga Robert F $447,300
Previous Owner Joy Michael $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2022 01/13/22 Sold $915,000 -8.0% $960 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $995,000 +32.7% $1,044 / Sq Ft
09/04/2014 09/04/14 Sold $750,000 0.0% $787 / Sq Ft View Prior Sale
08/01/2014 08/01/14 Pending -- -- --
07/19/2014 07/19/14 Off Market $750,000 -- --
06/20/2014 06/20/14 Price Changed $699,000 -6.7% $733 / Sq Ft
05/19/2014 05/19/14 Price Changed $749,000 -3.4% $786 / Sq Ft
03/04/2014 03/04/14 For Sale $775,000 -- $813 / 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 $10,436 $901,200 $0 $901,200
2024 $9,870 $905,500 $0 $905,500
2023 $9,262 $862,400 $0 $862,400
2022 $9,198 $845,400 $0 $845,400
2021 $9,020 $845,400 $0 $845,400
2020 $8,235 $779,800 $0 $779,800
2019 $8,055 $764,200 $0 $764,200
2018 $7,554 $720,800 $0 $720,800
2017 $7,339 $693,000 $0 $693,000
2016 $7,124 $647,600 $0 $647,600
2015 $7,672 $633,500 $0 $633,500
2014 $7,262 $577,300 $0 $577,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Harper

    Seller's Agent in 2022

    Michael Harper

    Coldwell Banker Realty - Boston

    (617) 480-3938

    27 in this area

    113 Total Sales

    Michael Harper
    Section Image
  • Bill Gehan

    Buyer's Agent in 2022

    Bill Gehan

    Campion & Company Fine Homes Real Estate

    (617) 236-0711

    33 in this area

    76 Total Sales

    Bill Gehan
    Section Image
  • Brett DeRocker

    Seller's Agent in 2014

    Brett DeRocker

    First Boston Realty International

    (617) 482-3333

    2 in this area

    69 Total Sales

    Brett DeRocker
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72890464

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-003809-000148

Massachusetts Suffolk County Boston 02115 Back Bay

416 Commonwealth Ave Unit 508, Boston, MA

Not Listed for Sale

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