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56 Commonwealth Avenue # 55, Boston MA 02116

Boston, MA 02116 • Back Bay
$460,000
Est. $3,186/month
1
Baths
335
Sq Ft
$1,373
Price/Sq Ft
0.01
Acres
1850
Year Built
51
Days on Market
Closed Listed Apr 8, 2024 • MLS# 73221339 Copied!

About this home

Chic Back Bay studio in a premier location steps from Berkeley St & across from The Commonwealth Avenue Mall. This residence is located on floor 5 in an elevator building & has a sleek modern vibe. There is a stunning eat in kitchen & beautiful natural sunlight. A few of the best features include a huge walk in closet, hardwood floor, bathroom with full size tub & a queen size Murphy Bed with built in shelving. The foyer of this building is dripping with architectural detail; has common laundry & is professionally managed. Low association fee includes heat & hot water. Pet friendly & 100% Move in ready.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Full Bathrooms
1
Living Area
335 sq ft
Total Rooms
2
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $524,900
Final Sale Price: $460,000
Difference: $64,900 (-12.4%)
Performance Metrics
87.6%
List to Sale Ratio
Sold below asking price
51
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $1,567
Sale $/sq ft: $1,373
This property sold for $1,373 per square foot
Sale Summary

This property sold for 12.4% below the original asking price.

The property spent 51 days on market before selling.

Nearby Sales Comparison

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

This Property
$1,373/sq ft
Area Average
$856/sq ft
Difference
+60.4%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 335 sq ft
Lot Size 0.01 acres
Full Baths 1
Total Rooms 2

Interior

Heating Steam, Natural Gas
Cooling Window Unit(s)
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features On Street

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,886
Assessed Value $454,900

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1850
Structure Type: Brownstone
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
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

Parking Features: On Street

Location

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Neighborhood

Back Bay

56 Commonwealth Avenue # 55, Boston MA 02116

Boston, MA 02116

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
The Learning Project
0.2 mi
Grades K-06
Park Street School
0.3 mi
Grades K-07
Advent School
0.4 mi
Grades K-06
M

Middle Schools

1 school
B+
Darby Vassall Upper School
1.3 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Commonwealth School
0.2 mi
Grades 09-12
Snowden International
0.2 mi
C-
Snowden International High School
0.2 mi | #301 of 346 | Score: 37.9
Improved 55 spots from last year
-20.3 below state avg
421 students Diverse
7 sports • 78 athletes
Rising School
Grades 09-12
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 $407
Homeowners Insurance $200
HOA Fee $253/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

5.2%
Price Range
52
Total Days on Market

Property Timeline

Sold
Jun 28, 2024
$460,000
Property sold
Days on Market: 52
🏠
Listed for Sale
Apr 8, 2024
$485,000
Original listing
Agent: Nancy Ciampa McLaughlin Office: Redfin Corp.

Price & Status History

Date Event Price Change
Apr 8, 2024 New Listing Added $485,000

Market Statistics

Days on Market
51 days
Price per Sq Ft
$1,373

Tax History

Year Taxes Assessment
2023 $4,886 $454,900

Financial Details

Annual Property Tax
$4,886
Tax Year 2023
HOA Fee
$253
Monthly
Assessed Value
$454,900

Listing Information

Listing Agent Nancy Ciampa McLaughlin
Listing Office Redfin Corp.
Agent MLS ID BB980308
Office MLS ID NB3534
Listing Data Updated Jun 28, 2024 2:03 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Boston, MA

Real-time market trends and pricing data for this area

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