37 Banks Street # 1, Somerville MA 02144

Somerville, MA 02144
$745,000
Est. $3,965/month
2
Beds
1
Baths
857
Sq Ft
$869
Price/Sq Ft
1920
Year Built
Condominium
Type
18
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73356820

About this home

Tired of the same old gray and white gut renovated condos? 37 Banks Street is a new condo conversion with period detail and charm. The 1st floor has an inviting eat-in country kitchen accented by wainscotting and a pantry outfitted with a period porcelain sink with drainboard, dishwasher and stainless refrigerator . The front bedroom has pocket doors making it possible to be used for additional entertaining space . The charming bathroom has a claw foot tub, marble tile floor and lovely marble sink. The building has undergone extensive upgrades : insulation, fire protection system with sprinkler system, exterior paint/ repair and electric upgrades to name a few!There is one tandem parking space, common brick patio and storage for bikes in the garage in addition to separate laundry hook ups in the basement. Excellent location, minutes to Porter and Davis Squares, T, shopping, lively restaurants and a walk score of 96 and bike score 94!

Sale Statistics

Sale Overview
Original List Price: $729,000
Final Sale Price: $745,000
Difference: +$16,000 (+2.2%)
Performance Metrics
102.2%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $851
Sale $/sq ft: $869
This property sold for $869 per square foot
Sale Summary

This property sold for 2.2% above the original asking price, indicating strong buyer demand.

With only 18 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
2
Full Bathrooms
1
Living Area
857 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Interior Features

Flooring
Wood
Heating
Central, Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator
Laundry Features
In Building, Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch, Rain Gutters
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Tandem

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Public School, T-Station, University
HOA Fee
$246
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,300
Tax Year
2025
Tax Assessed Value
$0
Parcel Number
751592
Zoning
res

Additional Details

Year Built Source
Owner
Year Built Details
Approximate
Disclosures
Seller is participating in a 1031 exchange no cost to Buyer, back fence encroaches rear property line 8 inches, taxes, sq. ft and condo fee are estimated and subject to change

Location

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Neighborhood

37 Banks Street # 1, 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 $442
Homeowners Insurance $200
HOA Fee $246
PMI $0

Property History

Market Insights

2.1%
Price Range
20
Total Days on Market

Property Timeline

Sold
May 23, 2025
$745,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Apr 9, 2025
$729,000
Original listing
Agent: Robin Repucci Office: Compass

Price & Status History

Date Event Price Change
Apr 9, 2025 New Listing Added $729,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$869

Tax History

Year Taxes Assessment
2025 $5,300 $0

Financial Details

Annual Property Tax
$5,300
Tax Year 2025
HOA Fee
$246
Monthly
Assessed Value
$0

Listing Information

Listing Agent Robin Repucci
Listing Office Compass
Agent MLS ID BB301039
Office MLS ID AN2606

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