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15 Cutter St # 1, Somerville MA 02145

Somerville, MA 02145
$615,000
Est. $3,629/month
2
Beds
1
Baths
926
Sq Ft
$664
Price/Sq Ft
1900
Year Built
4
Days on Market
Closed Listed Jun 13, 2024 • MLS# 73252202 Copied!

About this home

Discover the epitome of urban living in this charming first-floor south facing condo, bathed in natural light & nestled on a serene one-way side street in vibrant East Somerville. High ceilings & gleaming hardwood floors throughout, complemented by ductless mini-splits providing efficient cooling. Enjoy the convenience of one off-street parking space in the common driveway, while enjoying direct access to a shared patio & expansive yard, which can be your urban oasis. W/ pet-friendly policies & abundant private storage space in the basement, this residence caters to your every need. Delight in the proximity to Broadway's bustling array of restaurants & shops. Less than a mile to Assembly Sq's dining, shopping, & T-station. With the East Somerville Green Line & Sullivan Sq Orange Line T-Stations each just 1/2 a mile away & easy access to 93, commuting is a breeze from this centrally located home. OH Sat 10:30-12:30 & Sun 1:30-3.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
926 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $615,000
Difference: +$40,000 (+7.0%)
Performance Metrics
107.0%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $621
Sale $/sq ft: $664
This property sold for $664 per square foot
Sale Summary

This property sold for 7.0% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 10 similar properties sold within 0.5 miles in the last 90 days

This Property
$664/sq ft
Area Average
$262/sq ft
Difference
+153.7%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 926 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Steam, Natural Gas
Cooling Heat Pump, Unit Control, Ductless
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, First Floor
Features Wired For Sound

Exterior

Construction None
Architecture None
Roof Shingle
Features Patio, Fenced Yard
Pool None
Spa None
Fencing Security, Fenced
Patio/Porch Patio

Parking

Features Off Street, Tandem, On Street, Common, Paved
Total Spaces 1

Utilities

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

Financial

Annual Tax $1,431
Assessed Value $511,400

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Wired for Sound
Windows: Insulated Windows
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2007
Structure Type: 2/3 Family
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Heating Zones: 1
Cooling: Heat Pump, Unit Control, Ductless
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Patio, Fenced Yard
Patio & Porch: Patio
Fencing: Security, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Tandem, On Street, Common, Paved

Location

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Neighborhood

15 Cutter St # 1, Somerville MA 02145

Somerville, MA 02145

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 $119
Homeowners Insurance $200
HOA Fee $200/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

6.5%
Price Range
5
Total Days on Market

Property Timeline

Sold
Jul 11, 2024
$615,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Jun 13, 2024
$575,000
Original listing
Agent: proActive RE Team Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Jun 13, 2024 New Listing Added $575,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$664

Tax History

Year Taxes Assessment
2024 $1,431 $511,400

Financial Details

Annual Property Tax
$1,431
Tax Year 2024
HOA Fee
$200
Monthly
Assessed Value
$511,400

Listing Information

Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM325259
Office MLS ID BB5474
Listing Data Updated Jul 13, 2024 1:14 PM 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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