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466 Medford St # 3, Somerville MA 02145

Somerville, MA 02145 • Magoun Square
$900,000
Est. $5,463/month
3
Beds
2
Baths
1,245
Sq Ft
$723
Price/Sq Ft
1920
Year Built
7
Days on Market
Closed Listed Jun 9, 2021 • MLS# 72846611 Copied!

About this home

Corner-lot views, high ceilings, and a smart floor plan combine to maximize the space of this sunny 3-bedroom/2-bathroom residence in the bustling Magoun Square neighborhood of Somerville. The open living area blends easily into a modern kitchen with quartz counters, stainless steel appliances, and a large center island making for an inviting and comfortable space. There are three spacious bedrooms including the large primary suite that includes a full bathroom and sliders that give access to the rear deck. Other features of this 2018-renovated condo include a front porch, hardwood floors, central air conditioning, one off-street parking spot, and additional storage. Phenomenal location close to many neighborhood favorites like Sarma, Winter Hill Brewing Company, Olde Magoun's Saloon and Highland Kitchen and under a ½ mile from the soon-to-be Green Line Extension T stop and the Somerville Community Path for easy access to Davis Square.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
2
Living Area
1,245 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $819,000
Final Sale Price: $900,000
Difference: +$81,000 (+9.9%)
Performance Metrics
109.9%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $658
Sale $/sq ft: $723
This property sold for $723 per square foot
Sale Summary

This property sold for 9.9% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 31 similar properties sold within 0.5 miles in the last 90 days

This Property
$723/sq ft
Area Average
$458/sq ft
Difference
+57.9%

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 1920
Living Area 1,245 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Deck - Composite
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Composite

Parking

Features Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,685
Assessed Value $656,000

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Broadband
Windows: Insulated Windows
Basement: N
Laundry: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2018
Structure Type: Low-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Deck, Deck - Composite
Patio & Porch: Deck, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded

Location

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Neighborhood

Magoun Square

466 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 $557
Homeowners Insurance $200
HOA Fee $155/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

16.9%
Price Range
9
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73293184
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 31, 2024
$985,000
MLS #73293184
Sold
Jul 29, 2021
$900,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Jun 9, 2021
$819,000
Original listing
Agent: Matthew Slowik Office: Compass

Price & Status History

Date Event Price Change
Oct 31, 2024 Sold $985,000
Jun 9, 2021 New Listing Added $819,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$723

Tax History

Year Taxes Assessment
2021 $6,685 $656,000

Financial Details

Annual Property Tax
$6,685
Tax Year 2021
HOA Fee
$155
Monthly
Assessed Value
$656,000

Listing Information

Listing Agent Matthew Slowik
Listing Office Compass
Agent MLS ID CN208587
Office MLS ID AN2606
Listing Data Updated Jul 30, 2021 10:52 AM 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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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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