Seller's Agent in 2021
Sara Rosenfeld
Coldwell Banker Realty - Cambridge
(617) 939-7277
1 in this area
28 Total Sales
42 Banks St Unit 2 Somerville, MA 02144
Porter Square NeighborhoodEstimated Value: $816,000 - $1,039,000
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
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
- Entry on the 2nd floor
- 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
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
$40,953
Avg. Annual Appreciation
1.08%
Original Mortgage
$660,000
Outstanding Balance
$599,396
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$321,557
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
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 | -- | -- | |
| 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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
-
Sara Rosenfeld
-
Currier, Lane & Young
Buyer's Agent in 2021
Currier, Lane & Young
Compass
(617) 871-9190
7 in this area
514 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72851290
APN: SOME-000030-A000000-000006-000002
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