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109 Prospect Street # 105, Somerville MA 02143

Somerville, MA 02143 • Union Square
$975,000
Est. $6,343/month
2
Beds
2
Baths
1,028
Sq Ft
$948
Price/Sq Ft
2022
Year Built
34
Days on Market
Closed Listed Mar 5, 2025 • MLS# 73341599 Copied!

About this home

A turn-key (2022 construction) condo, perfectly positioned a stone's throw from Inman and Union Squares! A bright and airy residence, 109 Prospect Street is a single floor 2 bed, 2 bath with elevator service, garage parking and a large private deck + common roof deck! Escape the nearby bustle in this quiet open floor plan unit with fluid but distinct living spaces, including kitchen, dining and living areas. Chic finishes include quartz countertops, Bosch appliances, hardwood floors and floor-to-ceiling windows throughout. The large deck is accessible via the living room and primary bedroom and is great for gathering. The primary bedroom suite features a walk-in closet and en-suite bath with dual vanity. The second bedroom is well appointed with great natural light. Heated garage parking. In-unit laundry. 2 blocks to Inman Square and .4 miles to Union Square/Green Line T. Embrace the ideal urban life with nearby award winning restaurants, axe throwing, specialty grocers and much more!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2022
Bedrooms
2
Full Bathrooms
2
Living Area
1,028 sq ft
Total Rooms
5
Stories
1
Entry Level
1
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $988,000
Final Sale Price: $975,000
Difference: $13,000 (-1.3%)
Performance Metrics
98.7%
List to Sale Ratio
Sold below asking price
34
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $961
Sale $/sq ft: $948
This property sold for $948 per square foot
Sale Summary

This property sold for 1.3% below the original asking price.

The property spent 34 days on market before selling.

Nearby Sales Comparison

Based on 30 similar properties sold within 0.5 miles in the last 90 days

This Property
$948/sq ft
Area Average
$347/sq ft
Difference
+172.9%

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 2022
Living Area 1,028 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Deck, Deck - Roof + Access Rights
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Roof + Access Rights

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Heated Garage, Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $10,291
Assessed Value $930,800

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features: Internet Available - Broadband
Windows: Insulated Windows
Basement: N
Laundry: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 2022
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck, Deck - Roof + Access Rights
Patio & Porch: Deck, Deck - Roof + Access Rights
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Under, Heated Garage, Deeded

Location

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Neighborhood

Union Square

109 Prospect Street # 105, Somerville MA 02143

Somerville, MA 02143

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
E

Elementary Schools

3 schools
B+
Albert F. Argenziano School at Lincoln Park
0.3 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C+
King Open School
0.4 mi | #500 of 824 | Score: 44.7
Dropped 179 spots from last year
-13.5 below state avg
391 students Very Diverse
Diverse Student Body
Grades PK-05
A-
Cambridgeport School
0.4 mi | #212 of 824 | Score: 54.3
Improved 94 spots from last year
-3.9 below state avg
263 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
C+
Cambridge Street Upper School
0.4 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
0.7 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
Next Wave Junior High School
0.8 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
NuVu Innovation School
0.8 mi
Grades 08-12
F
Full Circle High School
0.8 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
0.8 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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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 $858
Homeowners Insurance $200
HOA Fee $355/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

1.3%
Price Range
36
Total Days on Market

Property Timeline

Sold
May 8, 2025
$975,000
Property sold
Days on Market: 36
🏠
Listed for Sale
Mar 5, 2025
$988,000
Original listing
Agent: Lauren Holleran Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Mar 5, 2025 New Listing Added $988,000

Market Statistics

Days on Market
34 days
Price per Sq Ft
$948

Tax History

Year Taxes Assessment
2025 $10,291 $930,800

Financial Details

Annual Property Tax
$10,291
Tax Year 2025
HOA Fee
$355
Monthly
Assessed Value
$930,800

Listing Information

Listing Agent Lauren Holleran Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM331830
Office MLS ID AN2064
Listing Data Updated May 10, 2025 6:05 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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