Seller's Agent in 2018
Bonny Lamb
Compass
(617) 803-8080
1 in this area
39 Total Sales
49 Banks St Unit 1 Somerville, MA 02144
Porter Square Neighborhood
2
Beds
1
Bath
1,014
Sq Ft
$135/mo
HOA Fee
Highlights
- Wood Flooring
- Security Service
- Forced Air Heating and Cooling System
- Somerville High School Rated A-
- Tankless Water Heater
- 5-minute walk to Lexington Park
About This Home
As of June 2018Superbly located 5 room, 2 bedroom condominium with central AC only 8-minutes to the Porter Square T and 11 minutes to the T in Davis Square. The open-floor plan, renovated with contemporary flair and accented with charm, provides fab space for parties or intimacy for your life at home. The interior is light-flooded from abundant windows and bays in the living room and dining room. The oversized kitchen, with SS appliances and gas stove with vented hood, has space for several cooks to prepare delicious meals for indoors or on your private patio. The armoire in the master bedroom is included, and the scond bedroom has an impressive wall of custom built shelving and cabinetry. The renovated bathroom has a handsome vanity. Plentiful storage is available in the private basement with a recently installed on-demand water heater; washer, dryer and a table to conveniently fold laundry; plus a 128 square foot pleasant office with built-in shelving--an unexpected bonus. CA; Nest. Walk score: 93!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,300
Year Built
- Built in 1900
HOA Fees
- $135 per month
Kitchen
- Range with Range Hood
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Individual Controls for Heating
- Tankless Water Heater
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Wood Flooring
- Year Round Access
- Basement
Community Details
Pet Policy
- Pets Allowed
Security
- Security Service
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
$131,610
Avg. Annual Appreciation
2.31%
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
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
-
Bonny Lamb
-
Fayth Cregg
Buyer's Agent in 2018
Fayth Cregg
Leading Edge Real Estate
(617) 803-0923
1 in this area
79 Total Sales
-
Edmund Wong
E
Seller's Agent in 2014
Edmund Wong
New Year Realty
(617) 830-9870
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72302897
APN: SOME-000030-B000000-000001-000001
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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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