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56 Commonwealth Ave # 55, Boston MA 02116

Boston, MA 02116 • Back Bay
$365,000
Est. $2,521/month
1
Baths
335
Sq Ft
$1,090
Price/Sq Ft
0.01
Acres
1850
Year Built
48
Days on Market
Closed Listed Apr 22, 2015 • MLS# 71821532 Copied!

About this home

This is an incredible opportunity to own a beautiful, updated property on the second block of historic Commonwealth Ave. Enter off the iconic street into a charming and spacious lobby. This well maintained elevator building is majority owner occupied, professionally managed, and pet friendly. Unit 55 is enhanced by a custom, space saving, Murphy bed. Recessed lighting, a separate kitchen with a window, and a large walk-in closet make this home very comfortable for short or long stays. The bathroom is well designed and features a full tub and shower. The low condo fee makes owning this gem even easier! Ask the listing agent about rental restrictions.

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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
1
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $375,000
Final Sale Price: $365,000
Difference: $10,000 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $1,119
Sale $/sq ft: $1,090
This property sold for $1,090 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

The property spent 48 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
$1,090/sq ft
Area Average
$538/sq ft
Difference
+102.5%

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 1

Interior

Heating Hot Water
Cooling Window Unit(s)
Flooring Parquet
Appliances None
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

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

Parking

Features None

Utilities

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

Financial

Annual Tax $3,341
Assessed Value $265,600

Interior Features

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

Construction & Materials

Year Built: 1850
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water
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:

Location

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Neighborhood

Back Bay

56 Commonwealth Ave # 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
0.3 mi
C-
Snowden International High School
0.3 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 $278
Homeowners Insurance $200
HOA Fee $197/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

20.7%
Price Range
70
Total Days on Market
3
Previous Sales

Property Timeline

Previous Transaction - MLS #73221339
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 28, 2024
$460,000
MLS #73221339
Previous Transaction - MLS #72359644
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 5, 2018
$441,230
MLS #72359644
Previous Transaction - MLS #71963941
Full transaction history available when tracking began
🏷️
Previously Sold
May 4, 2016
$393,500
MLS #71963941
Sold
Jun 30, 2015
$365,000
Property sold
Days on Market: 70
🏠
Listed for Sale
Apr 22, 2015
$375,000
Original listing
Agent: Eliott Levine Office: Marston Beacon Hill, Inc.

Price & Status History

Date Event Price Change
Jun 28, 2024 Sold $460,000
Sep 5, 2018 Sold $441,230
May 4, 2016 Sold $393,500
Apr 22, 2015 New Listing Added $375,000

Market Statistics

Days on Market
48 days
Price per Sq Ft
$1,090

Tax History

Year Taxes Assessment
2014 $3,341 $265,600

Financial Details

Annual Property Tax
$3,341
Tax Year 2014
HOA Fee
$197
Monthly
Assessed Value
$265,600

Listing Information

Listing Agent Eliott Levine
Listing Office Marston Beacon Hill, Inc.
Agent MLS ID BB954493
Office MLS ID AC1323
Listing Data Updated Jul 2, 2015 3:30 AM EDT
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

56 Commonwealth Ave # 55, Boston MA 02116 - Photo 1 56 Commonwealth Ave # 55, Boston MA 02116 - Photo 2 56 Commonwealth Ave # 55, Boston MA 02116 - Photo 3 56 Commonwealth Ave # 55, Boston MA 02116 - Photo 4 56 Commonwealth Ave # 55, Boston MA 02116 - Photo 5 56 Commonwealth Ave # 55, Boston MA 02116 - Photo 6
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