C
Seller's Agent in 2018
Coleman Group
William Raveis R.E. & Home Services
(617) 642-0205
1 in this area
272 Total Sales
42 Banks St Unit 1 Somerville, MA 02144
Porter Square NeighborhoodEstimated Value: $769,000 - $974,000
2
Beds
2
Baths
926
Sq Ft
$199/mo
HOA Fee
Highlights
- Wood Flooring
- French Doors
- Forced Air Heating and Cooling System
- Somerville High School Rated A-
About This Home
As of May 2018Beautifully tucked away on a quiet, tree-lined side street, this nicely renovated condo boasts an UNBEATABLE LOCATION: only 1/3 mile to Davis Square and just steps to the Porter Exchange. The modern floor plan offers a gorgeous and spacious eat-in kitchen with stainless steel appliances and granite counter tops which opens to a large, bright living room with a breakfast bar and hardwood floors throughout. Two spacious bedrooms including a master suite with double closets and a tiled master bath, and a second full bathroom are both located off the unusually ample front foyer which also provides privacy and style. Other important amenities include central air, in-unit laundry, basement storage, exclusive use back patio, AND PARKING…even though there is no need for a car! This is a dream location, in top condition!
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 04/11/2018
Property Details
Home Type
- Condominium
Year Built
- Built in 1900
HOA Fees
- $199 per month
Interior Spaces
- French Doors
- Basement
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Water Holding Tank
Community Details
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2018
Closed on
May 31, 2018
Sold by
Kieffer Madeleine E and Chuang Kangway V
Bought by
Kraft Kevin M
Seller's Agent
Coleman Group
William Raveis R.E. & Home Services
Buyer's Agent
John Barmon
Coldwell Banker Realty - Cambridge
List Price
$619,000
Sold Price
$712,500
Premium/Discount to List
$93,500
15.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,633
Avg. Annual Appreciation
2.72%
Original Mortgage
$352,500
Outstanding Balance
$304,164
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$567,969
Purchase Details
Listed on
Jul 29, 2015
Closed on
Nov 5, 2015
Sold by
Saulnier Ethan
Bought by
Kieffer Madeleine E and Chuang Kangway
Seller's Agent
Irene Bremis
LAER Realty Partners
Buyer's Agent
Coleman Group
William Raveis R.E. & Home Services
List Price
$639,900
Sold Price
$572,500
Premium/Discount to List
-$67,400
-10.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$458,000
Interest Rate
2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2010
Sold by
Seeger Jeremy
Bought by
Saulnier Ethan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kraft Kevin M | $712,500 | -- | |
| Kieffer Madeleine E | $572,500 | -- | |
| Saulnier Ethan | $387,000 | -- | |
| Saulnier Ethan | $387,000 | -- | |
| Saulnier Ethan | $387,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kraft Kevin M | $352,500 | |
| Closed | Saulnier Ethan | $352,500 | |
| Previous Owner | Kieffer Madeleine E | $458,000 | |
| Previous Owner | Saulnier Ethan | $296,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/31/2018 05/31/18 | Sold | $712,500 | +15.1% | $769 / Sq Ft | |
| 04/24/2018 04/24/18 | Pending | -- | -- | -- | |
| 04/11/2018 04/11/18 | For Sale | $619,000 | +8.1% | $668 / Sq Ft | |
| 11/05/2015 11/05/15 | Sold | $572,500 | 0.0% | $618 / Sq Ft | View Prior Sale |
| 09/08/2015 09/08/15 | Off Market | $572,500 | -- | -- | |
| 09/08/2015 09/08/15 | Pending | -- | -- | -- | |
| 08/18/2015 08/18/15 | Price Changed | $579,900 | -3.3% | $626 / Sq Ft | |
| 08/09/2015 08/09/15 | Price Changed | $599,900 | -6.3% | $648 / Sq Ft | |
| 07/29/2015 07/29/15 | For Sale | $639,900 | -- | $691 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,265 | $757,600 | $0 | $757,600 |
| 2024 | $7,812 | $742,600 | $0 | $742,600 |
| 2023 | $7,591 | $734,100 | $0 | $734,100 |
| 2022 | $7,194 | $706,700 | $0 | $706,700 |
| 2021 | $7,048 | $691,700 | $0 | $691,700 |
| 2020 | $6,758 | $669,800 | $0 | $669,800 |
| 2019 | $6,535 | $607,300 | $0 | $607,300 |
| 2018 | $6,266 | $554,000 | $0 | $554,000 |
| 2017 | $6,161 | $527,900 | $0 | $527,900 |
| 2016 | $5,854 | $467,200 | $0 | $467,200 |
| 2015 | $5,145 | $408,000 | $0 | $408,000 |
Source: Public Records
Agents Affiliated with this Home
-
Coleman Group
-
John Barmon
Buyer's Agent in 2018
John Barmon
Coldwell Banker Realty - Cambridge
(617) 529-6335
4 Total Sales
-
Irene Bremis
Seller's Agent in 2015
Irene Bremis
Laer Realty
(617) 460-2208
8 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72307551
APN: SOME-000030-A000000-000006-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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