595 Broadway, Somerville MA 02145

Somerville, MA 02145 • Ball Square
$1,825,000
Est. $9,713/month
0.18
Acres
Residential
Type
57
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73065827

About this home

Permitted 7 Unit Development on the Medford Somerville line. This property sits on both Medford and Somerville and will be sold with a permit to build 7 market rate residential units (no affordable units). The unit mix includes Six 2 bedrooms 2 bathrooms + Den and a One 1 Bedroom unit. Lot totals 7705 sqft and the Gross Building Square Footage is 5387 sqft. This project will be sold shovel ready and is conveniently located steps from Ball Square Green Line T Stop and Tufts University and 1 mile from Porter Square and Redline T Station.

Sale Statistics

Sale Overview
Original List Price: $2,150,000
Final Sale Price: $1,825,000
Difference: $325,000 (-15.1%)
Performance Metrics
84.9%
List to Sale Ratio
Sold below asking price
57
Days on Market
Average time
Sale Summary

This property sold for 15.1% below the original asking price.

The property spent 57 days on market before selling.

Facts & Features

Property Overview

Property Type
Residential
Property Category
Land

Interior Features

Exterior & Structure

Waterfront Property
No

Lot & Land

Lot Size
0.18 acres
Lot Size
7,705 sq ft
Lot Size Area
0.1800
Lot Features
Other
Road Frontage Type
Public

Parking & Garage

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
On-Site, At Street
Electric on Property
Yes
Gas
Other (See Remarks)

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,625
Tax Year
2022
Tax Assessed Value
$552,600
Parcel Number
M:27 B:C L:4,750707
Additional Parcels
No
Zoning
NB

Additional Details

Location

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Neighborhood

Ball Square

595 Broadway, Somerville MA 02145

Somerville, MA 02145

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 $469
Homeowners Insurance $200
PMI $0

Property History

Market Insights

15.1%
Price Range
59
Total Days on Market

Property Timeline

Sold
Nov 3, 2023
$1,825,000
Property sold
Days on Market: 59
🏠
Listed for Sale
Dec 19, 2022
$2,150,000
Original listing
Agent: Nichols Realty Team Office: MIG

Price & Status History

Date Event Price Change
Dec 19, 2022 New Listing Added $2,150,000

Market Statistics

Days on Market
57 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2022 $5,625 $552,600

Financial Details

Annual Property Tax
$5,625
Tax Year 2022
Assessed Value
$552,600

Listing Information

Listing Agent Nichols Realty Team
Listing Office MIG
Agent MLS ID TM005501
Office MLS ID AN6265

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