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20 Banks Street

20 Banks Street, Somerville, MA 02144
Condo in Spring Hill
Sold Mar 08, 2023
$1,280,000
$960,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2053
Sold Mar 01, 2021
$1,160,000
$1,653,000 by Walpole Cooperative Bank
Mortgage
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20 Banks Street is a condo located in Spring Hill, Somerville. The building was first built in 1900 and is 124 years old. In total, 20 Banks Street has a total floor area of 5,343 square feet. 20 Banks Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. See the full transaction history for 20 Banks Street below.

Spring Hill, where 20 Banks Street is located, has a median asking price of $942,450 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

On-Street Parking Off Street Parking Assigned Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Single (not wood)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,900
  • Total Building Area: 3,439
  • Gross Building Area: 5,343
  • Building Area: 3,439
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,439
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.09
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : CAUBLE DAVID F
  • Previous Owner : 20-22 BANKS STREET LLC
  • Owner Before Previous Owner: JANDREAU RONALD E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 350900

Zoning

  • Zoning: RA

Geography

  • Account Number: 10333185
  • Parcel: SOME M:30 B:A L:11
  • Block: A
  • Lot: 11
  • Municipality: SOMERVILLE
  • Latitude: 42.3916
  • Longitude: -71.1178

    Address

  • Full Address: 20 Banks St
  • Address - House Number: 20
  • Address - Street Name: Banks
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C046
  • 4-Digit Zip Code: 3105
  • Zip Code: 02144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,520
  • Intital Tax Deliquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 1,610,948
  • High Value: 1,904,309
  • Low Value: 1,317,587

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 27, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,597,700
  • Assessed Land Value: $864,200
  • Assessed Improvements Value: $733,500

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 08, 2023
  • Current Sale Transaction ID: 11903736769
  • Current Sale Price: $1,280,000
  • Current Sale Document Type: Condominium Deed
  • Current Sale Input Document Number: 22851
  • Previous Sale Recording Date: Mar 01, 2021
  • Previous Sale Contract Date: Feb 26, 2021
  • Previous Sale Amount: $1,160,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: FLYHOMES MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 08, 2023
  • First Mortgage Loan Amount: $1,216,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WALPOLE COOPERATIVE BANK
  • Previous Mortgage Transaction Date: Mar 01, 2021
  • Previous Mortgage Loan Amount: $1,653,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Spring Hill




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Frequently Asked Questions

What neighborhood is 20 Banks Street located in?
The 20 Banks Street is a condo located in the neighborhood of Spring Hill in Spring Hill, Somerville.
What is the average sales price for listings in 20 Banks Street?
The average sales price for units in 20 Banks Street is $0 currently.

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