42 Banks Street # 3, Somerville MA 02144

Somerville, MA 02144

$898,000

Est. $5,275/month

Beds

Baths

1,044

Sq Ft

$860

Price/Sq Ft

1900

Year Built

Condominium

Type

12 hours 6 minutes

Time on Market

Active Open House Listed Apr 16, 2026 • MLS# 73503140 Copied!

About this home

Perched above the trees in a prime Porter Square location, this top-floor two-bedroom home offers an ideal city retreat. Cathedral ceilings and skylights fill the residence with natural light, creating an airy feel throughout. The living and dining areas flow seamlessly to a private deck — perfect for morning coffee or al fresco dining with a view. A well-appointed kitchen connects easily, while remaining distinct from the main living space. A large primary bedroom with generous closet and an inviting second bedroom with extra storage make for flexible living options. Additional highlights include central A/C; hardwood floors; in-unit laundry; dedicated storage; and off-street parking for one car. Recent updates include a new roof (2025) and full lead compliance. Located just two blocks to Porter Square (Red Line & commuter rail), with convenient access to shops, dining, Davis Square, Mass Ave, and the Somerville Community Path.

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Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

1,044 sq ft

Total Rooms

Stories

Entry Level

Open House Schedule

Apr

Sunday, April 19

11:30 AM - 1:00 PM EDT

Apr

Friday, April 17

4:30 PM - 6:00 PM EDT

Apr

Saturday, April 18

11:30 AM - 1:00 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 1,044 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 5

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Hardwood

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Fireplace None

Basement Y

Laundry Third Floor, In Unit

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Parking

Features Off Street

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $3,843

Assessed Value $759,700

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Interior Features:

Windows:

Basement: Y

Laundry: Third Floor, In Unit

Security:

Construction & Materials

Year Built: 1900

Effective Year (Renovated): 2010

Structure Type: 2/3 Family

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 1

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

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street

Location

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Neighborhood

42 Banks Street # 3, Somerville MA 02144

Somerville, MA 02144

Walkability

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Nearby Schools

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

Elementary Schools

3 schools

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

B+

Peabody School

0.5 mi | #278 of 824 | Score: 51.4

Improved 84 spots from last year

-6.8 below state avg

314 students Very Diverse

Rising School Diverse Student Body

Grades PK-05

Middle Schools

3 schools

Rindge Avenue Upper School

0.5 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

1.2 mi

16 students Diverse

Diverse Student Body

Grades 06-08

High Schools

3 schools

Curtis-Tufts School

0.9 mi

11 students Diverse

Diverse Student Body

Grades 09-12

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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Property Tax $320

Homeowners Insurance $200

HOA Fee $214/mo

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Apr 16, 2026

$898,000

Original listing

Agent: Maggie Dee + Charles Cherney Team Office: Compass

Date	Event	Price	Change	$/sqft	Details
04/16/2026	🏠 Listed for Sale	$898,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 16, 2026	New Listing Added	$898,000	—

Market Statistics

Time on Market

12 hours 6 minutes

Price per Sq Ft

$860

Tax History

Year	Taxes	Assessment
2026	$3,843	$759,700

Financial Details

Annual Property Tax

$3,843

Tax Year 2026

HOA Fee

$214

Monthly

Assessed Value

$759,700

Listing Information

Listing Agent Maggie Dee + Charles Cherney Team

Listing Office Compass

Agent MLS ID TM355402

Office MLS ID AN2606

Listing Data Updated Apr 17, 2026 3:30 AM 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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42 Banks Street # 3, Somerville MA 02144

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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