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357 Medford St # 3, Somerville MA 02145

Somerville, MA 02145
$482,000
Est. $3,336/month
2
Beds
1
Baths
1,198
Sq Ft
$402
Price/Sq Ft
1900
Year Built
33
Days on Market
Closed Listed Sep 18, 2024 • MLS# 73291524 Copied!

About this home

Discover your oasis up above Gilman Square. This two bedroom, one bath condo is the perfect getaway from the busy life down on the street. First you walk into a large foyer that leads to a private deck with sunlight all day long. The living room boasts a ceiling fan and hardwood floors, and leads to a flex space for an office, wet bar, or more storage. The large eat-in kitchen has stainless steel appliances, plenty of space to add an island, and has a full bathroom off of it with a tub. The two bedrooms are close in size, and both have large closets. Downstairs in back is a common use space for gardening, grilling, or letting your pup run around the fenced in yard. Laundry is shared in the basement. This location can't be beat: the green line extension is across the street, as is the Somerville Bike Path, and also close to McGrath Highway and 93 for a quick commute. Come make this your home today!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,198 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $550,000
Final Sale Price: $482,000
Difference: $68,000 (-12.4%)
Performance Metrics
87.6%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $459
Sale $/sq ft: $402
This property sold for $402 per square foot
Sale Summary

This property sold for 12.4% below the original asking price.

The property spent 33 days on market before selling.

Nearby Sales Comparison

Based on 22 similar properties sold within 0.5 miles in the last 90 days

This Property
$402/sq ft
Area Average
$502/sq ft
Difference
19.9%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,198 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Electric
Cooling Window Unit(s)
Flooring Wood, Flooring - Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry Common Area
Features Lighting - Pendant, Entrance Foyer

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony / Deck, Porch, Deck, Patio - Enclosed, Fenced Yard, Garden
Pool None
Spa None
Fencing Security, Fenced
Patio/Porch Porch, Deck, Patio - Enclosed

Parking

Features On Street

Utilities

Electric Circuit Breakers, 60 Amps/less, Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,981
Assessed Value $568,500

Interior Features

Flooring: Wood, Flooring - Hardwood
Appliances: Range, Refrigerator
Interior Features: Lighting - Pendant, Entrance Foyer
Windows:
Basement: Y
Laundry: Common Area
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2015
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, Porch, Deck, Patio - Enclosed, Fenced Yard, Garden
Patio & Porch: Porch, Deck, Patio - Enclosed
Fencing: Security, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

357 Medford St # 3, 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 $498
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

3.4%
Price Range
34
Total Days on Market

Property Timeline

Sold
Dec 13, 2024
$482,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Sep 18, 2024
$499,000
Original listing
Agent: Dustin Roberts Office: Fiv Realty Co.

Price & Status History

Date Event Price Change
Sep 18, 2024 New Listing Added $499,000

Market Statistics

Days on Market
33 days
Price per Sq Ft
$402

Tax History

Year Taxes Assessment
2024 $5,981 $568,500

Financial Details

Annual Property Tax
$5,981
Tax Year 2024
HOA Fee
$200
Monthly
Assessed Value
$568,500

Listing Information

Listing Office Fiv Realty Co.
Agent MLS ID CN213527
Office MLS ID AN8571
Listing Data Updated Dec 13, 2024 3:28 PM EST
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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