5 BANKS ST
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Location
5 BANKS ST
Mblu
30/ B/ 22/ 5/
Acct#
20140080
Owner
KAYE ALEXANDER L & LYNN R TRUSTEES
Assessment
$1,129,700
PID
110514
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,129,700$0$1,129,700

Owner of Record
OwnerKAYE ALEXANDER L & LYNN R TRUSTEES
Co-OwnerFIVE BANKS STREET REALTY TRUST
Address5 BANKS ST UNIT 5
SOMERVILLE, MA 02144
Sale Price$1,175,000
Certificate
Book & Page 83514/353
Sale Date11/25/2024
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
KAYE ALEXANDER L & LYNN R TRUSTEES$1,175,000 83514/3530011/25/2024
SCHULMAN BRIAN J & SCHEINBERG EMILY M$670,000 58970/03790004/26/2012
ROSE JAMES F & EILEEN M$715,000 47318/01701P04/21/2006

Building Information
Building 1 : Section 1
Year Built: 1920
Living Area: 1,795
Replacement Cost: $1,165,327
Building Percent Good: 96
Replacement Cost
Less Depreciation:
$1,118,700
Building Attributes
FieldDescription
Style:Two Family
ModelRes Condo
Stories:2
GradeAverage +20
Occupancy1
Interior Wall 1:Plastered
Interior Wall 2: 
Interior Floor 1Hardwood
Interior Floor 2 
Heat Fuel:Gas
Heat Type:Forced Air-Duc
AC Type:None
Ttl Bedrms:3 Bedrooms
Ttl Bathrms:2 Full
Ttl Half Bths:0
Xtra Fixtres 
Total Rooms:7
Bath Style:Modern
Kitchen Style:Modern
Kitchen Type 
Kitchen Func 
Primary Bldg Use 
Htwtr Type 
Atypical 
Park Type 
Park Own 
Park Tandem0
Fireplaces 
Num Part Bedrm 
Base Flr Pm 
Num Park 
Pct Low Ceiling 
Unit Locn 
Extra Kitch' 
GradeAverage
Stories:3
Residential Units:2
Exterior Wall 1:Aluminum Sidng
Exterior Wall 2: 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Cmrcl Units:0
Res/Com Units:0
Section #:0
Parking Spaces0
Section Style:2F
Foundation 
Security: 
Cmplx Cnd 
Xtra Field 1: 
Remodel Ext: 
Super 
Grade 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,795 1,795
FOPPorch, Open, Finished 86 0
UBMBasement, Unfinished 220 0
   2,101 1,795

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPL32 STORY CHIM1.00 UNITS$4,3001

Land
Land Use
Use Code1020
DescriptionCONDO MDL-05  
ZoneNR
Neighborhood4102
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0
Frontage0
Depth0
Assessed Value$0

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR1GARAGE-AVE  220.00 S.F.$6,7001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,129,700$0$1,129,700
2025$1,115,600$0$1,115,600
2024$1,093,500$0$1,093,500

Regarding Parcel: Mblu : 30/ B/ 22/ 5/ Location : 5 BANKS ST

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