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1060 Broadway # 101, Somerville MA 02144

Somerville, MA 02144
$1,125,000
Est. $839,705/month
2
Beds
2
Baths
1,441
Sq Ft
$781
Price/Sq Ft
1973
Year Built
84
Days on Market
Closed Listed Dec 8, 2020 • MLS# 72765098 Copied!

About this home

An inspired new opportunity in Somerville, CALA is a real estate project that reflects the larger diverse, intergenerational & artistic Somerville community; a place that will bring people together in a setting filled with vegetation & art; a place where the experience does not end at your front door. From the former Powder House Community School, a building of concrete & steel, the designer carved beautiful and rich LOFT style living spaces - private canvases on which you can create your own life experiences. The ceilings are high, the windows are huge, and each unit has private outdoor space. While all different, the layout of each unit is artful and inviting. With 1,441 sq. ft. of interior space, UNIT 101 is in the main building. It has 2 bedrooms, a large living room/DR spilling out onto a 91 sq. ft. balcony, a separate office, floor to ceiling windows, and 2 full bathrooms. Come and learn more about the project and experience the CALA concept for yourself!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1973
Bedrooms
2
Full Bathrooms
2
Living Area
1,441 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $1,225,000
Final Sale Price: $1,125,000
Difference: $100,000 (-8.2%)
Performance Metrics
91.8%
List to Sale Ratio
Sold below asking price
84
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $850
Sale $/sq ft: $781
This property sold for $781 per square foot
Sale Summary

This property sold for 8.2% below the original asking price.

The property spent 84 days on market before selling.

Nearby Sales Comparison

Based on 19 similar properties sold within 0.5 miles in the last 90 days

This Property
$781/sq ft
Area Average
$450/sq ft
Difference
+73.4%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1973
Living Area 1,441 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Flooring - Wood, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Closet, Den, Vestibule, Elevator

Exterior

Construction Stone
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Heated Garage, Exclusive Parking
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $9,999,999
Assessed Value $9,999,999

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Closet, Den, Vestibule, Elevator
Windows: Insulated Windows
Basement: N
Laundry: Flooring - Wood, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1973
Effective Year (Renovated): 2020
Structure Type: Low-Rise
Exterior Materials: Stone
Roof: Rubber
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
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Garage Door Opener, Heated Garage, Exclusive Parking

Location

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Neighborhood

1060 Broadway # 101, Somerville MA 02144

Somerville, MA 02144

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $833,333
Homeowners Insurance $200
HOA Fee $483/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

8.9%
Price Range
85
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73245286
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 12, 2024
$1,235,000
MLS #73245286
Sold
Apr 15, 2021
$1,125,000
Property sold
Days on Market: 85
🏠
Listed for Sale
Dec 8, 2020
$1,125,000
Original listing
Agent: The May Group Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Sep 12, 2024 Sold $1,235,000
Dec 8, 2020 New Listing Added $1,125,000

Market Statistics

Days on Market
84 days
Price per Sq Ft
$781

Tax History

Year Taxes Assessment
2021 $9,999,999 $9,999,999

Financial Details

Annual Property Tax
$9,999,999
Tax Year 2021
HOA Fee
$483
Monthly
Assessed Value
$9,999,999

Listing Information

Listing Agent The May Group
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TEAM0215
Office MLS ID AN2064
Listing Data Updated Apr 16, 2021 8:56 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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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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