14-16 Stanford Terrace, Somerville MA 02143

Somerville, MA 02143
$1,100,000
Est. $5,855/month
5
Beds
2
Baths
2,350
Sq Ft
$468
Price/Sq Ft
0.09
Acres
1890
Year Built
Multi Family
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73206508

About this home

Rarely available income-generating property sited in high demand Porter Square. Unit 1 is located on the first floor and includes a living room with a bay window, dining room with a built-in china cabinet, kitchen, 1 bedroom and 1 bathroom. Unit 2 is located on the second and third floors. It includes a living room with a bay window, dining room, kitchen, 3 bedrooms, an office, and a bathroom plus storage eaves. Outside, there is a fenced yard with a shed and driveway parking for 3 cars. Ideally located for academics and artists, living here offers immediate access to 11 Miller St Art Studios, Star Market, Forge Baking Company, and so much more. Located within a half mile radius of the Porter Square T stations, Harvard, Lesley, Sacramento Field, awarded restaurants, and playgrounds. Investing here allows for easy access to museums, fine dining & performing arts.

Sale Statistics

Sale Overview
Original List Price: $1,150,000
Final Sale Price: $1,100,000
Difference: $50,000 (-4.3%)
Performance Metrics
95.7%
List to Sale Ratio
Sold below asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $489
Sale $/sq ft: $468
This property sold for $468 per square foot
Sale Summary

This property sold for 4.3% below the original asking price.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1890
Bedrooms
5
Full Bathrooms
2
Living Area
2,350 sq ft
Total Rooms
11
Stories
3
Levels
3

Interior Features

Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Interior Features
Pantry, Storage, Living Room, Dining Room, Kitchen, Office/Den
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Brick/Mortar
Exterior Features
Balcony/Deck
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,088 sq ft
Lot Size Area
0.0900
Lot Features
Gentle Sloping
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$11,575
Tax Year
2024
Tax Assessed Value
$1,085,500
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Some photos have been virtually staged.

Location

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Neighborhood

14-16 Stanford Terrace, Somerville MA 02143

Somerville, MA 02143

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $965
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.3%
Price Range
6
Total Days on Market

Property Timeline

Sold
Aug 8, 2024
$1,100,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Feb 28, 2024
$1,150,000
Original listing
Agent: Gail Roberts, Ed Feijo & Team Office: Coldwell Banker Realty - Cambridge

Price & Status History

Date Event Price Change
Feb 28, 2024 New Listing Added $1,150,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$468

Tax History

Year Taxes Assessment
2024 $11,575 $1,085,500

Financial Details

Annual Property Tax
$11,575
Tax Year 2024
Assessed Value
$1,085,500

Listing Information

Listing Agent Gail Roberts, Ed Feijo & Team
Listing Office Coldwell Banker Realty - Cambridge
Agent MLS ID TM331934
Office MLS ID AN6200

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