Huge Price Improvement! Live in the heart of vibrant Magoun Square, just moments from the Green Line Extension. This 2,240 SF lot offers a rare opportunity to create a stunning single-family home in one of Somerville’s most desirable, transit-oriented neighborhoods. Design a spacious urban residence with multiple levels, private outdoor space, and easy access to shops, restaurants, parks, and public transportation. The generous lot allows for flexible, light-filled layouts ideal for entertaining, working from home, or multi-generational living. Located in an MR-4 zoned district with a Pedestrian Street Overlay, allowing up to four stories, offering valuable long-term flexibility (buyer to do due diligence). A unique chance to build your dream home while securing future potential.
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2025 | $337,200 | $435,100 | $772,300 | — |
| Date | Price | Book/Page |
|---|---|---|
| Dec 28, 2016 | $545,000 | 68675/0106 |
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 2,052 | 1,244 | ✗ |
| Year built | 1,920 | 1,920 | ✓ |
496 Medford Street, Somerville MA 02145
Somerville, MA 02145
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/27/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 04/24/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 02/24/2026 | ↓ Price Reduced | $889,000 | $261,000 | - | From $1,150,000 to $889,000 (-22.7%) |
| 09/26/2025 | 🏠 Listed for Sale | $1,150,000 | - | - | Original listing |
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