282 Summer St, Somerville MA 02144

Somerville, MA 02144
$1,734,000
Est. $9,229/month
6
Beds
3
Baths
3,484
Sq Ft
$498
Price/Sq Ft
0.09
Acres
1875
Year Built
3 Family
Type
133
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73127334

About this home

Updated Porter/Davis Square three family is a rarely available investment opportunity. This updated cash cow is steps to both the MBTA Redline Porter and Davis Sq stops, 1.5 miles from both the Harvard/Radcliffe Quad and Tufts University, and just over 3 miles from Boston Financial District. With a WalkScore of 95, a BikeScore of 96, this property also has a long history of top rents. Three 2 br/1 ba apartments with tandem parking for 3 cars. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ over $10,000/m from 9/1/23-8/31/24. A rare opportunity to be added to a savvy investor's portfolio.

Sale Statistics

Sale Overview
Original List Price: $1,800,000
Final Sale Price: $1,734,000
Difference: $66,000 (-3.7%)
Performance Metrics
96.3%
List to Sale Ratio
Sold below asking price
133
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $517
Sale $/sq ft: $498
This property sold for $498 per square foot
Sale Summary

This property sold for 3.7% below the original asking price.

At 133 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1875
Bedrooms
6
Full Bathrooms
3
Living Area
3,484 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Flooring
Wood
Has Fireplace
No

Exterior & Structure

Construction Materials
Frame
Roof
Shingle, Rubber
Foundation
Stone
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,100 sq ft
Lot Size Area
0.0900
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
220 Volts

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$13,486
Tax Year
2023
Tax Assessed Value
$1,304,300
Parcel Number
M:30 B:D L:4,751635
Zoning
RB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

282 Summer St, Somerville MA 02144

Somerville, MA 02144

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 $1,124
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.7%
Price Range
135
Total Days on Market

Property Timeline

Sold
Nov 14, 2023
$1,734,000
Property sold
Days on Market: 135
🏠
Listed for Sale
Jun 21, 2023
$1,799,900
Original listing
Agent: Charles Ball Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Jun 21, 2023 New Listing Added $1,799,900

Market Statistics

Days on Market
133 days
Price per Sq Ft
$498

Tax History

Year Taxes Assessment
2023 $13,486 $1,304,300

Financial Details

Annual Property Tax
$13,486
Tax Year 2023
Assessed Value
$1,304,300

Listing Information

Listing Agent Charles Ball
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID BB980924
Office MLS ID AN4885

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