40 Central Rd, Somerville MA 02143

Somerville, MA 02143
$1,225,000
Est. $6,520/month
6
Beds
3
Baths
3,637
Sq Ft
$337
Price/Sq Ft
0.07
Acres
1900
Year Built
3 Family - 3 Units Up/Down
Type
19
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73155312

About this home

***(Multiple Offer situation, Please Submit Mon by 5pm, Thank You) *** Attention contractors, developers and investors - This 3 family home might be a great condo conversion project or buy & hold investment for a home owner. This property has "great bones" and tons of potential with additional living space in basement and attic. All units in the property are going to be delivered vacant and are ready to be updated by your personal touch. This is a prime Winter Hill location in Somerville providing many conveniences such as easy access in and out of Boston and near Public Transportation. Enjoy the conveniences of great local restaurants such as SARMA, The Winter Hill Brewery, Highland Kitchen and tons of shopping and eateries in nearby Assembly Sq. Property will not qualify for FHA, VA or tradition financing. Property is being sold as-is.

Sale Statistics

Sale Overview
Original List Price: $1,095,000
Final Sale Price: $1,225,000
Difference: +$130,000 (+11.9%)
Performance Metrics
111.9%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $301
Sale $/sq ft: $337
This property sold for $337 per square foot
Sale Summary

This property sold for 11.9% above the original asking price, indicating strong buyer demand.

With only 19 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
1900
Bedrooms
6
Full Bathrooms
3
Living Area
3,637 sq ft
Total Rooms
16
Stories
3
Levels
3

Interior Features

Flooring
Wood, Plywood, Tile, Concrete, Hardwood
Has Fireplace
No
Basement Details
Full, Dirt Floor, Concrete, Unfinished
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Foundation
Irregular
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
3,186 sq ft
Lot Size Area
0.0700
Lot Features
Gentle Sloping, Level

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Tandem, Paved
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,881
Tax Year
2023
Tax Assessed Value
$1,245,700
Parcel Number
755151
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Exclusions
Seller's Personal Property
Listing Terms
Contract

Location

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Neighborhood

40 Central Rd, Somerville MA 02143

Somerville, MA 02143

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 $1,073
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10.6%
Price Range
21
Total Days on Market

Property Timeline

Sold
Sep 28, 2023
$1,225,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Sep 5, 2023
$1,095,000
Original listing
Agent: Corey Melkonian Office: Cameron Prestige, LLC

Price & Status History

Date Event Price Change
Sep 5, 2023 New Listing Added $1,095,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$337

Tax History

Year Taxes Assessment
2023 $12,881 $1,245,700

Financial Details

Annual Property Tax
$12,881
Tax Year 2023
Assessed Value
$1,245,700

Listing Information

Listing Agent Corey Melkonian
Listing Office Cameron Prestige, LLC
Agent MLS ID CN205028
Office MLS ID AN4281

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