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5 Banks Street # 2, Somerville MA 02144

Somerville, MA 02144 • Spring Hill
$1,175,000
Est. $6,254/month
3
Beds
2
Baths
1,795
Sq Ft
$655
Price/Sq Ft
1920
Year Built
Condominium
Type
12
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73298596

About this home

Steps to Porter Sq., this lovely, bright condo on the upper two floors offers 3 bdrm, 2 ba, office, in unit w/d, priv porch, bsmt storage room, and garage parking. The private front entry leads upstairs to a landing with a roomy foyer and door to the front porch. The bright and airy LR has bay windows and pocket doors into the DR with decorative fp. The eat-in kitchen has large windows, stone counters, and light cabinetry. Beyond the kitchen is a bedroom and door leading outside and to the basement. A full, tiled bathroom and an open office/playroom complete the 1st floor. Top fl features 2 more bdrms (1 with carpeted walk-in closet) and a full bathroom with laundry - all with skylights. Inviting common backyard has a patio, deck, and pergola. Close to both Porter and Davis Sqs with a wide variety of restaurants, shops, theaters, bike paths. Reach Tufts, Harvard, and MIT by foot, bike, or T. Public transit options include 2 Red Line and 2 GLX subways, commuter rail, several bus lines.

Sale Statistics

Sale Overview
Original List Price: $1,175,000
Final Sale Price: $1,175,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $655
Sale $/sq ft: $655
This property sold for $655 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1920
Bedrooms
3
Full Bathrooms
2
Living Area
1,795 sq ft
Total Rooms
7
Stories
2
Entry Level
2

Interior Features

Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features
Office
Laundry Features
Third Floor, In Unit
Basement Details
Y

Exterior & Structure

Roof
Shingle
Exterior Features
Porch, Fenced Yard, Garden
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Parking Features
Detached, Assigned, Garage Faces Side, Off Street, Exclusive Parking
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
HOA Fee
$450
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$11,504
Tax Year
2024
Tax Assessed Value
$1,093,500
Parcel Number
M:30 B:B L:22 U:5,4887430
Zoning
NR

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
No smoking in the units or anywhere inside the building. Pocket doors not functional at present. Kitchen under-sink water filter needs repair or replacement.

Location

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Neighborhood

Spring Hill

5 Banks Street # 2, Somerville MA 02144

Somerville, MA 02144

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $959
Homeowners Insurance $200
HOA Fee $450
PMI $0

Property History

Market Insights

13
Total Days on Market

Property Timeline

✓
Sold
Nov 25, 2024
$1,175,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Oct 4, 2024
$1,175,000
Original listing
Agent: Thalia C. Tringo Office: Thalia Tringo & Associates Real Estate, Inc.

Price & Status History

Date Event Price Change
Oct 4, 2024 New Listing Added $1,175,000 —

Market Statistics

Days on Market
12 days
Price per Sq Ft
$655

Tax History

Year Taxes Assessment
2024 $11,504 $1,093,500

Financial Details

Annual Property Tax
$11,504
Tax Year 2024
HOA Fee
$450
Monthly
Assessed Value
$1,093,500

Listing Information

Listing Agent Thalia C. Tringo
Listing Office Thalia Tringo & Associates Real Estate, Inc.
Agent MLS ID BB802121
Office MLS ID AC1102

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