296 Summer Street # 2, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$643,000
1
Beds
1
Baths
823
Sq Ft
$781
Price/Sq Ft
1920
Year Built
14
Days on Market
Sold Listed Sep 17, 2024 • MLS# 73290998 Copied! • Updated Oct 28, 2024

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Sale Statistics

Sale Overview
Original List Price: $625,000
Final Sale Price: $643,000
Difference: +$18,000 (+2.9%)
Performance Metrics
102.9%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $759
Sale $/sq ft: $781
This property sold for $781 per square foot
Sale Summary

This property sold for 2.9% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$781/sq ft
Area Median
$785/sq ft
Difference
0.5%

This property sold near the area median for similar homes.

About this home

Opportunity Awaits: Gorgeous one-bedroom condo in Porter Square! This second-floor unit boasts beautiful hardwood floors, high ceilings, original millwork, and abundant natural light. Enjoy your morning coffee on the exclusive front porch and dine al fresco on the back porch adjacent to the kitchen. The open-concept living area flows into a versatile dining room that can also serve as an office. Both front rooms feature original ceiling medallions with updated linen drum fixtures. The large eat-in kitchen, perfect for a bistro set, includes recessed lighting, cherry cabinetry, and granite countertops. The spacious rear bedroom offers a custom walk-in closet and built-in shelving. Conveniently located near Porter and Davis Squares, with a variety of restaurants, shops, and transportation options, this unit offers the best of urban living!

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Recently Sold Nearby

Property History

Market Insights

2.8%
Price Range
15
Total Days on Market

Property Timeline

Sold
Oct 28, 2024
$643,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Sep 17, 2024
$625,000
Original listing
Agent: Denman Drapkin Group Office: Compass

Tax History

Year Taxes Assessment
2024 $2,037 $577,600

Financial Details

Annual Property Tax
$2,037
Tax Year 2024
HOA Fee
$248
Monthly
Assessed Value
$577,600

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 823 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Steam, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Basement, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle, Other
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features On Street
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $2,037
Assessed Value $577,600

HOA & Community

HOA Fee $248 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds
Amenities None
Optional Fee Includes None
Owner-Occupied Units 3
Seller Disclosures Dining Room Pocket Door Not Functioning, Building Needs Paint, Includes Two Window Acs For New Owner
Exclusions None.
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 2
Sq Ft Source Master Deed
Documents Master Deed, Rules & Regs, Floor Plans (3)
County Middlesex
Total market time (incl. prior listings) 15 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1920
Bedrooms
1
Full Bathrooms
1
Living Area
823 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2003
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle, Other
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: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: On Street
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

3 schools
A
John F Kennedy School
0.2 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 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
St. Theresa of the Child Jesus School
0.5 mi
Grades PK-08
M

Middle Schools

3 schools
A
Rindge Avenue Upper School
0.6 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
Allium Montessori School
1.0 mi
Grades 01-06
Next Wave Junior High School
1.1 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Curtis-Tufts School
0.9 mi
11 students Diverse
Diverse Student Body
Grades 09-12
F
Full Circle High School
1.1 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
1.1 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

296 Summer Street # 2, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Office Compass
Office Phone 617-303-0067
Agent MLS ID TM328243
Office MLS ID AN2606
Listing Data Updated Oct 28, 2024 9:46 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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