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241 School Street # 2, Somerville MA 02145

Somerville, MA 02145
$992,500
Est. $6,429/month
3
Beds
3
Baths
1,939
Sq Ft
$512
Price/Sq Ft
1900
Year Built
39
Days on Market
Closed Listed May 2, 2024 • MLS# 73232304 Copied!

About this home

Spectacular 3 bed 3 full bath residence exudes old world charm seamlessly fused with modern convenience. Fully renovated to the studs in 2019 this property needs nothing! Stunning chef's kitchen with Jenn-Air appliances, custom cabinetry and adorable dinning nook. Soaring coffered ceilings and oversized windows flow into the living room complete with gas fireplace. Dreamy primary bedroom with two walk-in closets and ensuite bath complete with double vanity and spa like shower. An additional bedroom and full guest bath complete the first floor. In the lower level find a bonus room perfect for additional living or family room full bath and 3rd bedroom. Exclusive covered balcony and off-street parking complete this impressive offering. Conveniently located with easy access to I-93 and only .3mi to the MBTA green line. Don't miss out!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
3
Living Area
1,939 sq ft
Total Rooms
6
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $1,049,900
Final Sale Price: $992,500
Difference: $57,400 (-5.5%)
Performance Metrics
94.5%
List to Sale Ratio
Sold below asking price
39
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $541
Sale $/sq ft: $512
This property sold for $512 per square foot
Sale Summary

This property sold for 5.5% below the original asking price.

The property spent 39 days on market before selling.

Nearby Sales Comparison

Based on 23 similar properties sold within 0.5 miles in the last 90 days

This Property
$512/sq ft
Area Average
$505/sq ft
Difference
+1.3%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,939 sq ft
Bedrooms 3
Full Baths 3
Total Rooms 6

Interior

Heating Central
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Flooring - Hardwood, First Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Covered Patio/deck
Pool None
Spa None
Fencing Security
Patio/Porch Covered

Parking

Features Off Street, Assigned, Paved
Total Spaces 1

Utilities

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

Financial

Annual Tax $9,479
Assessed Value $901,000

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Flooring - Hardwood, First Floor, In Unit, Electric Dryer Hookup
Security: Intercom

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2019
Structure Type: Attached
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Covered Patio/Deck
Patio & Porch: Covered
Fencing: Security
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

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Neighborhood

241 School Street # 2, 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 $790
Homeowners Insurance $200
HOA Fee $420/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

0.6%
Price Range
40
Total Days on Market

Property Timeline

Sold
Jul 10, 2024
$992,500
Property sold
Days on Market: 40
🏠
Listed for Sale
May 2, 2024
$998,000
Original listing
Agent: James Brasco Office: Century 21 Shawmut Properties

Price & Status History

Date Event Price Change
May 2, 2024 New Listing Added $998,000

Market Statistics

Days on Market
39 days
Price per Sq Ft
$512

Tax History

Year Taxes Assessment
2024 $9,479 $901,000

Financial Details

Annual Property Tax
$9,479
Tax Year 2024
HOA Fee
$420
Monthly
Assessed Value
$901,000

Listing Information

Listing Agent James Brasco
Listing Office Century 21 Shawmut Properties
Agent MLS ID CT000385
Office MLS ID BB2272
Listing Data Updated Jul 11, 2024 7:17 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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