NOT LISTED FOR SALE

48 Banks St Unit 1 Somerville, MA 02144

Porter Square Neighborhood

Estimated Value: $706,454 - $771,000

2 Beds
1 Bath
1,048 Sq Ft
$694/Sq Ft Est. Value

About This Home

This home is located at 48 Banks St Unit 1, Somerville, MA 02144 and is currently estimated at $727,614, approximately $694 per square foot. 48 Banks St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St. Clement Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Colton Maureen A
Bought by
Banks St Pt
Current Estimated Value
$727,614

Purchase Details

Closed on
Aug 30, 2007
Sold by
Atkins Elisha H and Colton Maureen A
Bought by
Atkins Elisha H and Colton Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Banks St Pt -- None Available
Atkins Elisha H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atkins Elisha H $140,000
Source: Public Records

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 $5,926 $543,200 $0 $543,200
2024 $5,600 $532,300 $0 $532,300
2023 $5,432 $525,300 $0 $525,300
2022 $5,146 $505,500 $0 $505,500
2021 $5,040 $494,600 $0 $494,600
2020 $4,831 $478,800 $0 $478,800
2019 $4,993 $464,000 $0 $464,000
2018 $4,570 $404,100 $0 $404,100
2017 $4,387 $375,900 $0 $375,900
2016 $4,358 $347,800 $0 $347,800
2015 $4,029 $319,500 $0 $319,500
Source: Public Records

Map

Massachusetts Middlesex County Somerville 02144 Porter Square

48 Banks St Unit 1, Somerville, MA

This home is located at 48 Banks St Unit 1, Somerville, MA 02144 and is currently estimated at $727,614, approximately $694 per square foot. 48 Banks St Unit 1 is a home located in Middlesex County with nearby schools including Somerville High School, Saint Theresa School, and St. Clement Elementary School.

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