25 Banks St # 2, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$1,260,000
4
Beds
2
Baths
1,883
Sq Ft
$669
Price/Sq Ft
0.10
Acres
1920
Year Built
2
Parking
8
Days on Market
Closed Listed Aug 10, 2022 • MLS# 73023432 Copied! • Updated Sep 30, 2022

Sale Statistics

Sale Overview
Original List Price: $1,249,000
Final Sale Price: $1,260,000
Difference: +$11,000 (+0.9%)
Performance Metrics
100.9%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $663
Sale $/sq ft: $669
This property sold for $669 per square foot
Sale Summary

This property sold for 0.9% above the original asking price, indicating strong buyer demand.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 33 similar properties sold within 0.5 miles in the last 90 days

This Property
$669/sq ft
Area Average
$337/sq ft
Difference
+98.4%

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

About this home

Unbeatable location on a tree-lined street with a walk score of 97, minutes from Davis and Porter Square with supermarket, multiple public transportation options, parks, & local restaurants all within walking distance. Generous 4 bedroom duplex home with two full baths, high ceilings and beautiful hardwood floors, along with many other historical architectural details, including carved wood staircase, stained glass, built-in china cabinet, unique fireplace, and pocket door. Comfortable kitchen with plenty of storage & prep area suitable for family dining. Two flex bedrooms on the main level along with full bath with jacuzzi tub and a three-season porch. Primary bedroom with a glass door to a deck overlooking the backyard on the upper third floor, along with a fourth bedroom with large play area and a newer full bath with a laundry alcove. Common outdoor space for gardening and barbecues, 2 designated parking spaces, outdoor storage shed and extra storage space in the basement.

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Recently Sold Nearby

Property History

Market Insights

0.9%
Price Range
9
Total Days on Market

Property Timeline

Sold
Sep 30, 2022
$1,260,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Aug 10, 2022
$1,249,000
Original listing
Agent: Effie Agapakis Office: Coldwell Banker Realty - Sudbury

Tax History

Year Taxes Assessment
2022 $9,762 $958,900

Financial Details

Annual Property Tax
$9,762
Tax Year 2022
HOA Fee
$0
Per month
Assessed Value
$958,900

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,883 sq ft
Lot Size 0.10 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Flooring - Hardwood, Flooring - Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Dining Room
Fireplaces 1
Basement Y
Laundry Third Floor, In Unit
Features Entrance Foyer, Sun Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony / Deck, Deck - Roof, Covered Patio/deck, Balcony, Storage, Garden
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof, Covered
Features Tandem, Assigned
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $9,762
Assessed Value $958,900

HOA & Community

Fee Includes Electricity, Water, Sewer, Insurance, Snow Removal
Amenities None
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Taxes Do Not Reflect Residential Exemption. With Exemption In Place Taxes Would Be Reduced By $3, 583. Exemptions Must Be Applied For. No Representation Made On Fireplace. Broken Spring In 2 Windows In Dining Room. Agent Is Related To Owner.
Exclusions Freezer In Basement
Possession None
Accepted Financing Contract
Structure Type ["2\/3 Family"]
Unit/Building 2
Sq Ft Source Public Record
Sq Ft Disclosures 2nd & 3rd floor
Documents Master Deed, Unit Deed (2)
County Middlesex
Total market time (incl. prior listings) 9 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
4
Full Bathrooms
2
Living Area
1,883 sq ft
Total Rooms
8
Stories
2
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood, Tile, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Entrance Foyer, Sun Room
Windows: Window(s) - Stained Glass, Insulated Windows
Basement: Y
Laundry: Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2002
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Balcony / Deck, Deck - Roof, Covered Patio/Deck, Balcony, Storage, Garden
Patio & Porch: Deck - Roof, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Tandem, Assigned

Special Features

Fireplaces: 1
Fireplace Type: Dining Room
Community Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Public School, T-Station
School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
A
John F Kennedy School
0.1 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
St. Theresa of the Child Jesus School
0.5 mi
Grades PK-08
C+
Arthur D Healey School
1.2 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.3 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
1.5 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.6 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
A+
Benjamin G Brown School
0.4 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
0.7 mi
Grades PK-K
Capuano Early Childhood Center
1.7 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
1.2 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
1.2 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
1.2 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
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Location

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Neighborhood

Davis Square

25 Banks St # 2, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Office Coldwell Banker Realty - Sudbury
Office Phone 978-443-9933
Agent MLS ID BB980445
Office MLS ID AN6236
Listing Data Updated Sep 30, 2022 3:27 PM 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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