8 Banks St Unit 1 Somerville, MA 02144
Spring Hill Neighborhood
2
Beds
1
Bath
978
Sq Ft
1915
Built
About This Home
As of October 2016Here is your chance to own a Fabulous two bedroom condo on a gorgeous residential tree lined street nestled between Porter Square and Davis Square. This gem does not only boast location but with a Walk Score of 94, there is no denying it is amazing. Look forward to entertaining with this beautiful two bedroom condo's open concept design that features an updated kitchen that flows into the lovely dining and living rooms. A cute back porch overlooking a good size common backyard seem ideal for summer grilling and outdoor fun in the sun. Never be bored when you're steps away from Porter Square T and Commuter Rail, Shopping Center, Davis Square T, Restaurants, Shops, the Theater and much more. This home is a must see! Join us at our first open house showings on Saturday August 13 and Sunday August 14 12-2pm.
Property Details
Home Type
Condominium
Est. Annual Taxes
$7,980
Year Built
1915
Lot Details
0
Listing Details
- Unit Level: 1
- Property Type: Condominium/Co-Op
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1915
Interior Features
- Appliances: Range, Dishwasher, Washer, Dryer
- Has Basement: Yes
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
- Electric: Circuit Breakers
- Flooring: Tile, Hardwood
- Bedroom 2: 11X11
- Kitchen: 11X10
- Living Room: 11X14
- Master Bedroom: 10X13
- Master Bedroom Description: Flooring - Hardwood
- Dining Room: 13X11
- No Living Levels: 1
Exterior Features
- Roof: Rubber
- Exterior: Shingles, Wood
- Exterior Unit Features: Porch
Garage/Parking
- Parking Spaces: 0
Utilities
- Cooling: Window AC
- Heating: Steam, Gas
- Hot Water: Natural Gas
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: 8-10 Banks Street Condominium
- Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Extra Storage
- Management: Owner Association
- Pets Allowed: Yes w/ Restrictions
- No Units: 3
- Unit Building: 1
Fee Information
- Fee Interval: Monthly
Schools
- Elementary School: John F. Kennedy
- Middle School: John F. Kennedy
- High School: Somerville High
Lot Info
- Assessor Parcel Number: M:30 B:A L:14 U:1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2016
Closed on
Oct 7, 2016
Sold by
Finklshtein Dov and Levy-Finklshtein Moran
Bought by
Keith Kary R
Seller's Agent
Claudia Urquijo
Maven Realty
Buyer's Agent
Randall Horn
Entourage Realty LLC
List Price
$599,999
Sold Price
$600,000
Premium/Discount to List
$1
0.0%
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
$268,192
Avg. Annual Appreciation
4.29%
Original Mortgage
$420,000
Outstanding Balance
$340,890
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$527,302
Purchase Details
Listed on
Jun 7, 2012
Closed on
Aug 14, 2012
Sold by
Kestner John and Kestner Julie S
Bought by
Finsklshtein Dov and Levy-Finsklshtein Moran
Seller's Agent
Karen Morgan
Coldwell Banker Realty - Cambridge
Buyer's Agent
Osnat Levy
eXp Realty
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$320,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2008
Sold by
Fine Elisabeth M
Bought by
Kestner John and Mcreynolds Julie K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,250
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 1999
Sold by
Cohen Danielj and Costa Mark A
Bought by
Fine Elizabeth M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 2, 1997
Sold by
Aronson Ruth R and Basseches Michael
Bought by
Nedeljkovic Zoran
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
8.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 15, 1996
Sold by
Cooper John M and Eickholt Lynne J
Bought by
Cohen Daniel J and Costa Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,050
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 1989
Sold by
Parker Steven M
Bought by
Eickholt Lynne J
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $600,000 | -- | |
| Not Resolvable | $400,000 | -- | |
| Deed | $359,000 | -- | |
| Deed | $212,400 | -- | |
| Deed | $168,000 | -- | |
| Deed | $159,000 | -- | |
| Deed | $154,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Previous Owner | $320,000 | New Conventional | |
| Previous Owner | $269,250 | Purchase Money Mortgage | |
| Previous Owner | $169,900 | Purchase Money Mortgage | |
| Previous Owner | $142,800 | Purchase Money Mortgage | |
| Previous Owner | $151,050 | Purchase Money Mortgage | |
| Previous Owner | $133,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2016 10/07/16 | Sold | $600,000 | 0.0% | $613 / Sq Ft |
| 08/23/2016 08/23/16 | Pending | -- | -- | -- |
| 08/10/2016 08/10/16 | For Sale | $599,999 | +50.0% | $613 / Sq Ft |
| 08/14/2012 08/14/12 | Sold | $400,000 | 0.0% | $409 / Sq Ft |
| 07/07/2012 07/07/12 | Pending | -- | -- | -- |
| 06/06/2012 06/06/12 | For Sale | $399,900 | -- | $409 / 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 | $7,980 | $731,400 | $0 | $731,400 |
| 2024 | $7,227 | $687,000 | $0 | $687,000 |
| 2023 | $7,039 | $680,800 | $0 | $680,800 |
| 2022 | $6,805 | $668,500 | $0 | $668,500 |
| 2021 | $6,643 | $651,900 | $0 | $651,900 |
| 2020 | $6,440 | $638,300 | $0 | $638,300 |
| 2019 | $6,577 | $611,200 | $0 | $611,200 |
| 2018 | $6,576 | $581,400 | $0 | $581,400 |
| 2017 | $5,651 | $484,200 | $0 | $484,200 |
| 2016 | $5,373 | $428,800 | $0 | $428,800 |
| 2015 | $5,411 | $429,100 | $0 | $429,100 |
Source: Public Records
Agents Affiliated with this Home
-
Claudia Urquijo
C
Seller's Agent in 2016
Claudia Urquijo
Maven Realty
(617) 331-8803
1 in this area
11 Total Sales
-
Randall Horn
Buyer's Agent in 2016
Randall Horn
Entourage Realty LLC
(781) 367-1598
67 Total Sales
-
Karen Morgan
Seller's Agent in 2012
Karen Morgan
Coldwell Banker Realty - Cambridge
(617) 543-6456
4 in this area
140 Total Sales
-
Osnat Levy
Buyer's Agent in 2012
Osnat Levy
eXp Realty
(617) 833-1055
88 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72051259
APN: SOME-000030-A000000-000014-000001
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.
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