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416 Commonwealth Ave # 118, Boston MA 02115

Boston, MA 02115 • Back Bay
$596,500
Est. $4,453/month
1
Baths
613
Sq Ft
$973
Price/Sq Ft
1910
Year Built
153
Days on Market
Closed Listed Sep 23, 2024 • MLS# 73293790 Copied!

About this home

The Prestigious Somerset Condominiums located at 416 Commonwealth Ave. This Iconic Landmark Building is known for its Limestone Façade, wide grander overlooking the mall and premier Back Bay location. Full-Service Amenities include a 24-hr Concierge, Heated Outdoor Pool, Exercise Room, 3 Elevators, Bicycle Storage, Professional on-site Management & Superintendent. The European inspired lobby has maintained timeless features like Italian marble, chandeliers and stained-glass window. South Facing Sunny 613 SF condo is larger than many 1 bedrooms! Central Air, decorative fireplace and a bay window. Common laundry one floor down and additional deeded storage, just for you! Steps to Newbury Street offering boutiques, shops, award-winning restaurants & public transportation. Covered Parking space is available to purchase in the garage.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1910
Full Bathrooms
1
Living Area
613 sq ft
Total Rooms
1
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $625,000
Final Sale Price: $596,500
Difference: $28,500 (-4.6%)
Performance Metrics
95.4%
List to Sale Ratio
Sold below asking price
153
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $1,020
Sale $/sq ft: $973
This property sold for $973 per square foot
Sale Summary

This property sold for 4.6% below the original asking price.

At 153 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 50 similar properties sold within 0.5 miles in the last 90 days

This Property
$973/sq ft
Area Average
$370/sq ft
Difference
+163.1%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 613 sq ft
Full Baths 1
Total Rooms 1

Interior

Heating Central
Cooling Central Air
Flooring Wood
Appliances None
Fireplace None
Fireplaces 1
Basement N
Laundry In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool Association, Indoor
Spa None
Fencing None
Patio/Porch None

Parking

Features Available For Purchase
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,908
Assessed Value $633,800

Interior Features

Flooring: Wood
Appliances:
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security:

Construction & Materials

Year Built: 1910
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Available for Purchase

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Pool, Park, Medical Facility, Highway Access, Public School, T-Station

Location

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Neighborhood

Back Bay

416 Commonwealth Ave # 118, Boston MA 02115

Boston, MA 02115

Walkability

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Nearby Schools

School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
1.8% below state avg
E

Elementary Schools

3 schools
Kids Are People School
0.3 mi
Grades PK-12
Kingsley Montessori School
0.5 mi
Grades PK-06
The Learning Project
0.8 mi
Grades K-06
H

High Schools

3 schools
Boston Arts Academy
0.3 mi
A
Boston Arts Academy
0.3 mi | #4 of 25 | Score: 51.3
Improved 321 spots from last year
-6.9 below state avg
500 students Diverse
6 sports • 26 athletes
Rising School Career Tech Programs Diverse Student Body
Grades 09-12
Newman School
0.5 mi
Grades 07-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $576
Homeowners Insurance $200
HOA Fee $661/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2.2%
Price Range
161
Total Days on Market

Property Timeline

Sold
Mar 7, 2025
$596,500
Property sold
Days on Market: 161
🏠
Listed for Sale
Sep 23, 2024
$610,000
Original listing
Agent: Collin Bray Office: Century 21 Cityside

Price & Status History

Date Event Price Change
Sep 23, 2024 New Listing Added $610,000

Market Statistics

Days on Market
153 days
Price per Sq Ft
$973

Tax History

Year Taxes Assessment
2024 $6,908 $633,800

Financial Details

Annual Property Tax
$6,908
Tax Year 2024
HOA Fee
$661
Monthly
Assessed Value
$633,800

Listing Information

Listing Agent Collin Bray
Listing Office Century 21 Cityside
Agent MLS ID BB922621
Office MLS ID BB6400
Listing Data Updated Mar 7, 2025 9:54 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Boston, MA

Real-time market trends and pricing data for this area

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