Somerville  »  02144  »  Spring Hill

37 Banks Street, Somerville, MA 02144

Spring Hill, Somerville
Building in Spring Hill
3 Stories
Built in 1920
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Welcome to 37 Banks Street, a building located in Spring Hill, Somerville in Somerville, MA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1920. There are a total of 3 floors. Finally, 37 Banks Street was most recently sold on Dec 31, 1969 for $1,100,000. According to local assessors, the total value of the building is currently valued at $1,401,000. Specifically, the value of the land that the property sits on has been assessed at $844,600. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1920
Effective Year Built
1920
Building Count
1
Total Rooms
11
Bedroom Count
5
Bathroom Count
3
Full Bathrooms
3
Partial Bathrooms
3
Building Condition
Average
Building Quality
unknown
Construction Type
unknown
Building Style
Duplex
Exterior Walls Type
Wood siding
Interior Walls Type
unknown
Roof Shape Type
Gable
Roof Cover Type
Asphalt
Floor Count
3
Living Units
2
Floor Cover
unknown
Basement Type
Full basement
Basement Area
0
Garage Type
Detached
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
0.082
Standard Land Use Code
Duplex (2 units, any combination)
County Land Use Code
unknown
Ownership
Current Owner
WELLS WILLIAM M
Current Owner's Name
WELLS WILLIAM M
Current Owner 2
GILLARD COLLEEN S
Current Owner 2's Name
GILLARD COLLEN S
Previous Owner
HERLIHY RT
Owner Address - City
CAMBRIDGE
Owner Address - State
MA
Owner Address - ZIP Code
02139
Owner First Name
WILLIAM
Owner Last Name
WELLS
Owner Middle Name
M
Second Owner First Name
COLLEN
Second Owner Last Name
GILLARD
Second Owner Middle Name
S
Neighborhood
School District Name
Somerville School District
School Tax School District
SOMERVILLE SD
Census Tract
350900
Census Block Code
2011
Census Group
2
Census Year
2018
Census - Combined Statistical Area - Area Code
148
Census - Combined Statistical Area - Area Name
Boston-Worcester-Providence, MA-RI-NH-CT
Census - County FIPS
25017
Census - Full FIPS
250173509002011
Census - Metropolitan Division - Area Code
15764
Census - Metropolitan Division - Area Name
Cambridge-Newton-Framingham, MA
Census - Metro Micro Statistical Area - Area Code
14460
Census - Metro Micro Statistical Area - Area Name
Boston-Cambridge-Newton, MA-NH
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2562535
Census Source
US Census Bureau
Census State FIPS
25
Census Tract Code
350900
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2510890
School District - Unified - Name
Somerville School District
Zoning
Zoning
RA
Geography
Account Number
8314200
Parcel
SOME M:30 B:B L:32
Block
B
Lot
32
Lot Code
unknown
Municipality
SOMERVILLE
Latitude
42.392
Longitude
-71.1171
FIPS
25017
Mailing Carrier Code
C030
Mailing Full Street Address
82 MAGAZINE ST
Mailing House Number
82
Mailing Street Mode
ST
Mailing Street
MAGAZINE
Mailing 4-Digit Zip Code
3936
Geo Status Code
unknown
Valuation
Timestamp
2024-01-25 21:35:25
UCID Flag
C
More About The Building
In total, the building area is listed as 2,896 square feet. The building itself has 4,386 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 37 Banks Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Spring Hill area have a median price of $3,875. Those in the 25th percentile, have a price around $2,994. While those in the 75th percentile, have a price around $4,525. Typically, the buildings in this area have a median sqft of 948. That means that the median price per sqft is around $4. In other words, the price per sqft for buildings in the 25th percentile is $3. While the price per sqft for buildings in the 75th percentile is $5. As a breakdown, we've included the following stats:

  • There are currently a total of 2 studio listings. The median price for these types of listings is $2,488. That's $4.93 price per sqft.

  • There are currently a total of 10 one bedroom listings. The median price for these types of listings is $2,700. That's $4.73 price per sqft.

  • There are currently a total of 7 two bedroom listings. The median price for these types of listings is $3,650. That's $4.14 price per sqft.

  • There are currently a total of 13 three bedroom listings. The median price for these types of listings is $4,100. That's $3.22 price per sqft.

  • There are currently a total of 8 four bedroom listings. The median price for these types of listings is $5,000. That's $4.26 price per sqft.
About The Area
37 Banks Street is located in 02143. There are 26,800 people living here. There are 11,291 households. Most of these households have an average family size of 2.94 people. According to the census, 70% are currently renting while 30% own their homes. The median age of this population is around 31.8 years old. On average, most folks in the zipcode are unmarried. About 31% of folks speak a language other than English in this area. The area's employment rate is currently around 76.2%. Speaking of employment, the median income is $80,961. Most folks will commute by car for around 29.9 minutes. Finally, we know that 14% of residents in the area have graduated with their high school degree. Additionally, 34% and 33% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Middlesex County, Massachusetts has a population of 1,567,610 people. Based on census records, there are 587,735 registered households. Families in this area are on average made up of 3.15 people per household. Most folks are married. They are also typically around 38.5 years old. Does diversity matter to you? Right now, 25% of folks speak a language other than English here. About 38% rent while 62% purchased their homes. Right now, the community is made up of 21% of residents who have graduated with at least a high school degree. On top of that, 27% have a Bachelor's degree and 26% have a Master's degree. The employment rate is currently around 66.1%. Those employed, have a median income of $89,019. If you move here, you can expect to commute mostly by car for around 29.9 minutes.

Finally, let's take a look at the stats related to Boston, MA - NH - RI Urban Area. The urban area is home to 4,343,828 people. A total of 1,635,254 households are registered here. With average family sizes being listed at 3.19 people. About 23% of residents have graduated with a high school degree. Of the rest, 25% have their Bachelor's and 20% have their Master's degree. Folks speaking a language other than English, make up about 26% of the population. Speaking of your commute, 64.5% of people in this area are employed. The recorded median income is currently at $77,009 per year. The median population age has been listed at 38.2 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 40% of the population while homeowners are at about 60% of the population.
$2,488
Studio Median Rent
$2,700
1BR Median Rent
$3,650
2BR Median Rent
$4,100
3BR Median Rent
PUBLIC TRANSIT
87
96
Elm St @ Saint James Ave (580 ft - 3 min walk)
MBTA
87
96
Elm St @ Beech St (580 ft - 3 min walk)
MBTA
88
90
Highland Ave @ Willow Ave (730 ft - 3 min walk)
MBTA
88
90
Highland Ave @ Willow Ave (800 ft - 3 min walk)
MBTA
87
Elm St @ Porter Sq Shopping Ctr (820 ft - 3 min walk)
MBTA

Nearby Schools

(within attendance boundary)
John F Kennedy  •  0.2 mi
5 Cherry Street, Somerville, MA 02144
Public  •  Elementary  •  Grades KG to 8
Somerville School District
Next Wave Junior High  •  1.54 mi
8 Bonair Street, Somerville, MA 02143
Public  •  Middle School  •  Grades 7 to 8
Somerville School District
Full Circle High School  •  1.55 mi
11 Otis Street, Somerville, MA 02145
Public  •  High School  •  Grades 9 to 12
Somerville School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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