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400 Washington Street # 1, Somerville MA 02143

Somerville, MA 02143
$950,000
Est. $6,256/month
2
Beds
1
Baths
1,113
Sq Ft
$854
Price/Sq Ft
2001
Year Built
11
Days on Market
Closed Listed Mar 27, 2025 • MLS# 73351144 Copied!

About this home

Rare two-bedroom corner penthouse in a modern elevator building less than 1/2 mile from Harvard University, Union and Inman Squares and tucked back on the quiet side of Ivy Place. A southwest exposure, many tall windows, 9-ft ceilings and spacious rooms bring a bright expansiveness to the entire space. The chef’s kitchen – with granite, stainless and ample Scandinavian cabinetry – is open to a spacious dining and living room with gas fireplace and balcony. The comfortable primary bedroom has an oversized custom walk-in closet. The second bedroom is large, with two exposures. Other highlights include dedicated off-street parking, in-unit laundry, central A/C, healthy baseboard-radiated heat and ample storage, in a professionally managed building with high owner occupancy. Walk Score® of 94- "Walker's Paradise.” Enjoy being 3 blocks from Whole Foods – or simply cross the street to shops (wine & cheese, coffee, bakery) and restaurants near this gracious city home.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2001
Bedrooms
2
Full Bathrooms
1
Living Area
1,113 sq ft
Total Rooms
4
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $898,000
Final Sale Price: $950,000
Difference: +$52,000 (+5.8%)
Performance Metrics
105.8%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $807
Sale $/sq ft: $854
This property sold for $854 per square foot
Sale Summary

This property sold for 5.8% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 20 similar properties sold within 0.5 miles in the last 90 days

This Property
$854/sq ft
Area Average
$516/sq ft
Difference
+65.5%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2001
Living Area 1,113 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Central, Baseboard
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry Fourth Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,386
Assessed Value $884,200

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Fourth Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 2001
Effective Year (Renovated): 2005
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Baseboard
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station, University

Location

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Neighborhood

400 Washington Street # 1, Somerville MA 02143

Somerville, MA 02143

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 $449
Homeowners Insurance $200
HOA Fee $804/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

5.5%
Price Range
12
Total Days on Market

Property Timeline

Sold
May 8, 2025
$950,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Mar 27, 2025
$898,000
Original listing
Agent: Maggie Dee + Charles Cherney Team Office: Compass

Price & Status History

Date Event Price Change
Mar 27, 2025 New Listing Added $898,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$854

Tax History

Year Taxes Assessment
2025 $5,386 $884,200

Financial Details

Annual Property Tax
$5,386
Tax Year 2025
HOA Fee
$804
Monthly
Assessed Value
$884,200

Listing Information

Listing Agent Maggie Dee + Charles Cherney Team
Listing Office Compass
Agent MLS ID TM355402
Office MLS ID AN2606
Listing Data Updated May 8, 2025 2:52 PM 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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