49 Banks St Unit 1 Somerville, MA 02144
Spring Hill Neighborhood
2
Beds
1
Bath
1,050
Sq Ft
1900
Built
About This Home
As of June 2018Open House Saturday February 22, 12-3pm and Sunday February 23, 12-3pm. Amazing location in one of the most beautiful tree-lined streets in Somerville. One block from Porter Square, and five-minute walk to Davis square. This sunny corner unit has lots of character: high ceilings, columned arch, restored entrance, antique fir floors, dining room cabinet. Upgrades include: central A/C/Heat/HW systems, energy efficient windows, electric and plumbing, brand new insulation, costume built shelving, a gorgeous chefs' kitchen with stainless steel GE appliances, granite counters, IKEA Cabinets, breakfast bar, and a tiled bath with Kohler fixtures. Also, a beautifully landscaped yard, and patio for private use. Washer and drier in basement (direct access from unit). The location is unbeatable, close to everything Cambridge and Somerville have to offer: Steps to the Red line T (3 min walk), Porter Square Mall (Star Market is one block away), bike path, parks, restaurants and shops.
Property Details
Home Type
Condominium
Est. Annual Taxes
$8,300
Year Built
1900
Lot Details
0
Listing Details
- Unit Level: 1
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 6
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, House of Worship, Private School, Public School, T-Station, University
- Energy: Insulated Windows
- Flooring: Wood, Tile, Bamboo
- Insulation: Full, Fiberglass, Blown In, Foam
Exterior Features
- Exterior Unit Features: Porch, Patio, Garden Area, Other (See Remarks)
Garage/Parking
- Parking: On Street Permit
- Parking Spaces: 0
Utilities
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Condo/Co-op/Association
- Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping
- Pets Allowed: Yes
- No Units: 2
- Unit Building: 1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2018
Closed on
Jun 8, 2018
Sold by
Magaziner Jonathan and Doorly-Magaziner Jennifer
Bought by
Williams Julian and Williams Leslie Anna
Seller's Agent
Bonny Lamb
Compass
Buyer's Agent
Fayth Cregg
Leading Edge Real Estate
List Price
$650,000
Sold Price
$730,000
Premium/Discount to List
$80,000
12.31%
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
$185,633
Avg. Annual Appreciation
2.97%
Original Mortgage
$584,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 17, 2014
Closed on
Apr 1, 2014
Sold by
Hendler Jonathan and Gandiaga Sonia
Bought by
Magaziner Jonathan and Magaziner Jennifer D
Seller's Agent
Edmund Wong
New Year Realty
Buyer's Agent
Bonny Lamb
Compass
List Price
$494,500
Sold Price
$522,000
Premium/Discount to List
$27,500
5.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$417,600
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2010
Sold by
Collins Ann
Bought by
Hendler Jonathan and Gandiaga Sonia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 2005
Sold by
Perlman Elizabeth M and Murphy John F
Bought by
Collins Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Somerville, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $730,000 | -- | |
| Deed | $522,000 | -- | |
| Deed | $449,900 | -- | |
| Deed | $480,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $584,000 | New Conventional | |
| Previous Owner | $405,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $417,600 | New Conventional | |
| Previous Owner | $318,750 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $280,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2018 06/08/18 | Sold | $730,000 | +12.3% | $720 / Sq Ft |
| 04/12/2018 04/12/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $650,000 | +24.5% | $641 / Sq Ft |
| 04/01/2014 04/01/14 | Sold | $522,000 | +5.6% | $497 / Sq Ft |
| 02/26/2014 02/26/14 | Pending | -- | -- | -- |
| 02/17/2014 02/17/14 | For Sale | $494,500 | -- | $471 / 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 | $8,300 | $760,800 | $0 | $760,800 |
| 2024 | $7,656 | $727,800 | $0 | $727,800 |
| 2023 | $7,430 | $718,600 | $0 | $718,600 |
| 2022 | $7,101 | $697,500 | $0 | $697,500 |
| 2021 | $6,960 | $683,000 | $0 | $683,000 |
| 2020 | $6,745 | $668,500 | $0 | $668,500 |
| 2019 | $6,512 | $605,200 | $0 | $605,200 |
| 2018 | $6,924 | $612,200 | $0 | $612,200 |
| 2017 | $6,668 | $571,400 | $0 | $571,400 |
| 2016 | $6,219 | $496,300 | $0 | $496,300 |
| 2015 | $5,329 | $422,600 | $0 | $422,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2018
Bonny Lamb
Compass
(617) 803-8080
4 in this area
41 Total Sales
-
Buyer's Agent in 2018
Fayth Cregg
Leading Edge Real Estate
(617) 803-0923
3 in this area
81 Total Sales
-
E
Seller's Agent in 2014
Edmund Wong
New Year Realty
(617) 830-9870
25 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71634261
APN: SOME-000030-B000000-000001-000001
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.
Nearby Homes
- 36 Burnside Ave Unit 3
- 36 Burnside Ave Unit 2
- 32 Burnside Ave Unit 2
- 10 Hancock St
- 115 Elm St
- 3 Fairlee St
- 98 Hancock St Unit 2
- 10 Beech St
- 53 Orchard St Unit 1
- 7 Beech St Unit 319
- 7 Beech St Unit 310
- 7 Beech St Unit 311
- 199 Elm St
- 1 Davenport St Unit 11
- 32-40 White St
- 1963 Massachusetts Ave Unit 404
- 371 Highland Ave
- 10 Cottage Ave Unit 10A
- 19 Conwell St Unit 1
- 23 Highland Rd