3 Fairlee Street, Somerville MA 02144

Somerville, MA 02144
$482,500
3
Beds
2
Baths
1,561
Sq Ft
$309
Price/Sq Ft
0.05
Acres
1900
Year Built
3
Parking
25
Days on Market
Sold 2004 Listed Apr 15, 2004 • MLS# 70019941 Copied! • Updated Mar 31, 2025

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Sale Statistics

Sale Overview
Original List Price: $494,494
Final Sale Price: $482,500
Difference: $11,994 (-2.4%)
Performance Metrics
97.6%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $317
Sale $/sq ft: $309
This property sold for $309 per square foot
Sale Summary

This property sold for 2.4% below the original asking price.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$309/sq ft
Area Median
$504/sq ft
Difference
38.7%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Great location. 2 Family between Porter & Davis square. Five rooms on two levels for owners unit w/ three Rm rental unit, additional storage area.

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Recently Sold Nearby

Price & Status History

Market Insights

78%
Price Range
26
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73591683
Full transaction history available when tracking began
🏡
Currently Listed
Oct 16, 2026
$2,195,000
MLS #73591683 - Active
Previous Transaction - MLS #73399969
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 3, 2025
$950,000
MLS #73399969
✓
Sold
Jun 21, 2004
$482,500
Property sold
Days on Market: 26
🏠
Listed for Sale
Apr 15, 2004
$494,494
Original listing
Office: Century 21 N. Shore

Tax History

Year Taxes Assessment
2003 $3,844 $308,500

Financial Details

Annual Property Tax
$3,844
Tax Year 2003
Assessed Value
$308,500

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 1,561 sq ft
Lot Size 0.05 acres
Stories 3
Bedrooms 3
Full Baths 2
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $800/mo · N
Total Monthly Rent $800/mo
Gross Income $9,600
Net Operating Income $9,600
Cap Rate 1.94%
Heating Central, Steam, Natural Gas, Electric
Cooling Window Unit(s)
Flooring Wood, Tile, Vinyl
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full
Laundry None
Features Storage, Living Room, Kitchen, Dining Room
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features Paved Drive, Off Street, Tandem
Total Spaces 3
Electric None
Water Public, City/town Water
Sewer Public Sewer, City/town Sewer
Gas None
Other None

Financial

Annual Tax $3,844
Assessed Value $308,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint None, Unknown
Seller Disclosures Seller To Find Hsg To Sole Discretion
Possession None
Accepted Financing None
Structure Type []
House Color Yellow
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 26 days

Property Overview

Property Type
Multi Family
Listing Type
Sold
Year Built
1900
Bedrooms
3
Full Bathrooms
2
Living Area
1,561 sq ft
Total Rooms
9
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Storage, Living Room, Kitchen, Dining Room
Windows: Insulated Windows, Screens
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Utilities & Systems

Heating: Central, Steam, Natural Gas, Electric
Cooling: Window Unit(s)
Hot Water: Tank
Water Source: Public, City/Town Water
Sewer: Public Sewer, City/Town Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing:
Other Structures: Shed(s)
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Tandem
School District
Somerville School District local
B-
✓ School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
↓ 3.0% below state avg
E

Elementary Schools

9 schools
A
John F Kennedy School
0.2 mi | #49 of 352 | Score: 57.2
Improved 6 spots from last year
-1 below state avg
474 students Diverse
Grades PK-08
St. Theresa of the Child Jesus School
0.5 mi
Grades PK-08
C+
Arthur D Healey School
1.0 mi | #237 of 352 | Score: 37.4
Improved 26 spots from last year
-20.8 below state avg
461 students Diverse
Rising School Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.2 mi | #137 of 352 | Score: 45.4
Improved 37 spots from last year
-12.8 below state avg
548 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
1.4 mi | #291 of 352 | Score: 32.3
Dropped 19 spots from last year
-25.9 below state avg
361 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.5 mi | #244 of 352 | Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students Diverse
Grades PK-08
A+
Benjamin G Brown School
0.3 mi | #82 of 825 | Score: 60.2
Dropped 65 spots from last year
+2 above state avg
230 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
0.7 mi
Grades PK-K
Capuano Early Childhood Center
1.6 mi
240 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
1.0 mi
11 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
1.0 mi | #334 of 346 | Score: 23.6
Improved 32 spots from last year
-34.6 below state avg
60 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
1.0 mi | #125 of 346 | Score: 58.3
Improved 117 spots from last year
+0.1 above state avg
1,367 students Diverse
17 sports • 1,566 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
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Location

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Neighborhood

3 Fairlee Street, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Agent Lee Spatafore
Listing Office Century 21 N. Shore
Office Phone 781-231-2236
Agent MLS ID BB801949
Office MLS ID BB9239
Listing Data Updated Mar 31, 2025 8:07 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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