296 Summer Street # 2, Somerville MA 02144

Somerville, MA 02144 • Davis Square

$643,000

Beds

Baths

823

Sq Ft

$781

Price/Sq Ft

1920

Year Built

Condominium

Type

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

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

$698/sq ft

Difference

+11.9%

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

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!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

2.8%

Price Range

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

Date	Event	Price	Change	$/sqft	Details
10/28/2024	✓ Sold	$643,000	-	-	Property sold
09/17/2024	🏠 Listed for Sale	$625,000	-	-	Original listing

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

Parking

Features On Street

Utilities

Electric Circuit Breakers, 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

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

MA Disclosures

Seller Disclosures Dining Room Pocket Door Not Functioning, Building Needs Paint, Includes Two Window Acs For New Owner

Exclusions None.

Additional Details

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

Full Bathrooms

Living Area

823 sq ft

Total Rooms

Stories

Entry Level

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

Nearby Schools

School information not available for this location.

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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