42 Banks St Unit 2 Somerville, MA 02144
Spring Hill NeighborhoodEstimated Value: $768,000 - $1,060,000
2
Beds
2
Baths
970
Sq Ft
$208/mo
HOA Fee
Highlights
- Open Floorplan
- Custom Closet System
- Deck
- Somerville High School Rated A-
- Fireplace in Bedroom
- Property is near public transit
About This Home
As of July 2021Everything you have been looking for- LOCATION- Close to both Porter & Davis Square. CONDITION- Sparkling move-in condition beautifully renovated & freshly painted. SPACE- 2 bedrooms, 2 gorgeous tile bathrooms with open Living Room/Eat-in granite kitchen w/direct access private porch for your summer dining & fun. Bonus private front porch w/tree-top views & morning sun. Wow-even an off-street parking space. Front room can be used as bedroom or expanded living space offers electric fireplace, French doors plus bay windows. Primary bedroom suite surrounded by custom storage/closet/shelving plus bathroom. Conveniently placed stack laundry in the kitchen behind the rich wood cabinetry. Central Air. Private rear entrance to parking & unfinished basement w/plenty of storage space plus walk-out door for easy access. Well-maintained 100% owner occupied 3-unit association. Garden area. 2 blocks to Porter Sq Shopping, 3 blocks to T-stop, 4 blocks to Davis Sq. & bike path. Leave your car at home
Last Agent to Sell the Property
Sara Rosenfeld
Coldwell Banker Realty - Cambridge Listed on: 06/16/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,938
Year Built
- Built in 1900 | Remodeled
Lot Details
- Two or More Common Walls
- Garden
HOA Fees
- $208 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 970 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Light Fixtures
- Insulated Windows
- Bay Window
- Window Screens
- French Doors
- Dining Area
- Center Hall
- Wood Flooring
- Basement
- Exterior Basement Entry
Kitchen
- Breakfast Bar
- Stove
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Bedroom
- Primary bedroom located on second floor
- Custom Closet System
- Linen Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Paved Parking
- On-Street Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Balcony
- Deck
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- Individual Controls for Heating
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:30 B:A L:6 U:2,4828406
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, reserve funds
- 3 Units
- The 42 Banks Street Condominiums Community
Amenities
- Shops
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2021
Closed on
Jul 23, 2021
Sold by
Clarke Roberta N and Michel Alexandra E
Bought by
Callerame John
Seller's Agent
Sara Rosenfeld
Coldwell Banker Realty - Cambridge
Buyer's Agent
Currier, Lane & Young
Compass
List Price
$789,000
Sold Price
$880,000
Premium/Discount to List
$91,000
11.53%
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
$42,379
Avg. Annual Appreciation
1.21%
Original Mortgage
$660,000
Outstanding Balance
$604,524
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$317,856
Purchase Details
Closed on
May 28, 2015
Sold by
Daniels Marc R and Daniels Brooke L
Bought by
Clarke Roberta N and Michel Alexandra E
Purchase Details
Closed on
Feb 9, 2012
Sold by
Daniels Marc R and Witkowski Brooke L
Bought by
Daniels Marc R and Daniels Brooke L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 16, 2010
Sold by
Seeger Jeremy
Bought by
Daniels Marc R and Witkowski Brooke L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,100
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 |
|---|---|---|---|
| Callerame John | $880,000 | None Available | |
| Callerame John | $880,000 | None Available | |
| Clarke Roberta N | $695,500 | -- | |
| Daniels Marc R | -- | -- | |
| Daniels Marc R | -- | -- | |
| Daniels Marc R | $429,000 | -- | |
| Daniels Marc R | $429,000 | -- | |
| Daniels Marc R | $429,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Callerame John | $660,000 | |
| Closed | Callerame John | $660,000 | |
| Previous Owner | Daniels Marc R | $342,000 | |
| Previous Owner | Daniels Marc R | $386,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2021 07/23/21 | Sold | $880,000 | +11.5% | $907 / Sq Ft |
| 06/22/2021 06/22/21 | Pending | -- | -- | -- |
| 06/16/2021 06/16/21 | For Sale | $789,000 | -- | $813 / 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 | $8,670 | $794,700 | $0 | $794,700 |
| 2024 | $8,195 | $779,000 | $0 | $779,000 |
| 2023 | $7,962 | $770,000 | $0 | $770,000 |
| 2022 | $7,546 | $741,300 | $0 | $741,300 |
| 2021 | $7,393 | $725,500 | $0 | $725,500 |
| 2020 | $7,089 | $702,600 | $0 | $702,600 |
| 2019 | $6,853 | $636,900 | $0 | $636,900 |
| 2018 | $6,722 | $594,300 | $0 | $594,300 |
| 2017 | $6,627 | $567,900 | $0 | $567,900 |
| 2016 | $5,722 | $456,700 | $0 | $456,700 |
| 2015 | -- | $417,200 | $0 | $417,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Sara Rosenfeld
Coldwell Banker Realty - Cambridge
(617) 939-7277
-
Currier, Lane & Young
Buyer's Agent in 2021
Currier, Lane & Young
Compass
(617) 871-9190
13 in this area
525 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72851290
APN: SOME-000030-A000000-000006-000002
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.
Nearby Homes
- 36 Burnside Ave Unit 2
- 36 Burnside Ave Unit 1
- 5 Willow Ave
- 10 Hancock St
- 115 Elm St
- 65 Hancock St
- 61 Cherry St Unit 3
- 10 Beech St
- 333 Highland Ave
- 32-40 White St
- 352 Highland Ave Unit 3
- 1 Davenport St Unit 11
- 53 Orchard St Unit 1
- 7 Beech St Unit 319
- 7 Beech St Unit 410
- 7 Beech St Unit 311
- 1963 Massachusetts Ave Unit 404
- 199 Elm St
- 60 Orchard St
- 23 Eastman Rd
- 42 Banks St
- 42 Banks St Unit 3
- 42 Banks St Unit 2
- 42 Banks St Unit 1
- 44 Banks St
- 44 Banks St Unit 2
- 36 Banks St
- 48 Banks St Unit 3
- 48 Banks St Unit 2
- 48 Banks St Unit 1
- 34 Banks St
- 32 Banks St
- 37 Banks St
- 33 Willow Ave
- 29 Willow Ave
- 41 Banks St
- 45 Banks St
- 50 Banks St
- 318 Summer St Unit 2
- 318 Summer St