231 Highland Avenue, Somerville MA 02143

Somerville, MA 02143
$1,426,000
Est. $7,590/month
6
Beds
3
Baths
3,657
Sq Ft
$390
Price/Sq Ft
0.08
Acres
1910
Year Built
3 Family - 3 Units Up/Down
Type
11
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73326481

About this home

Investor's Dream in the Heart of Somerville! This charming three-family home offers an exceptional opportunity for investors or developers. Located in a prime location, you’ll have access to public transportation right outside the door, making commuting a breeze. The property includes parking for 3 cars, plus potential additional spaces in the back, providing ample off-street parking for tenants or guests. With the potential to convert into condominiums, this is a rare find in Somerville. The house is being sold as is, offering you the flexibility to renovate and maximize its value. Whether you’re looking to expand your investment portfolio or take advantage of a prime location for redevelopment, this property is filled with potential.

Sale Statistics

Sale Overview
Original List Price: $1,325,000
Final Sale Price: $1,426,000
Difference: +$101,000 (+7.6%)
Performance Metrics
107.6%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $362
Sale $/sq ft: $390
This property sold for $390 per square foot
Sale Summary

This property sold for 7.6% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1910
Bedrooms
6
Full Bathrooms
3
Living Area
3,657 sq ft
Total Rooms
14
Stories
3
Levels
3

Interior Features

Flooring
Wood, Carpet, Hardwood
Has Fireplace
No
Laundry Features
Washer Hookup
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Foundation
Concrete Perimeter
Patio/Porch Features
Porch, Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,440 sq ft
Lot Size Area
0.0800
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$13,132
Tax Year
2024
Tax Assessed Value
$1,248,300
Parcel Number
M:34 B:E L:41,752342
Zoning
RC

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
House is sold in as is condition. Seller will be leaving some items for buyer to remove including piano.

Location

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Neighborhood

231 Highland Avenue, Somerville MA 02143

Somerville, MA 02143

Walkability

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Schools

High School
Somerville High
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,094
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.1%
Price Range
12
Total Days on Market

Property Timeline

Sold
Mar 5, 2025
$1,426,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Jan 15, 2025
$1,325,000
Original listing
Agent: Andersen Group Realty Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Jan 15, 2025 New Listing Added $1,325,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$390

Tax History

Year Taxes Assessment
2024 $13,132 $1,248,300

Financial Details

Annual Property Tax
$13,132
Tax Year 2024
Assessed Value
$1,248,300

Listing Information

Listing Agent Andersen Group Realty
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM309803
Office MLS ID AN2627

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