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6-8 Beacon St # 4, Somerville MA 02143

Somerville, MA 02143
$1,150,000
Est. $7,395/month
2
Beds
2.5
Baths
1,533
Sq Ft
$750
Price/Sq Ft
2013
Year Built
311
Days on Market
Closed Listed Sep 5, 2023 • MLS# 73155254 Copied!

About this home

Welcome to The Lofts at Inman Square. A luxurious, contemporary and energy-efficient townhouse in Somerville, perfectly situated on the Cambridge line! This modern, open concept design flows seamlessly and spans across four levels which are connected by floating staircases with steel cable railings. The kitchen features stunning bamboo cabinets, elegant quartz countertops and SS appliances. Transportation convenience is at your doorstep and connectivity to Cambridge and other parts of Somerville ensures that you're always within easy reach of all the vibrant amenities nearby. The heated garage means no more icy windshields; your car will be ready to go whenever you are. At the top of the floating staircase, you'll be greeted by a fourth-floor home office nook and private exterior deck. The double height vaulted ceilings elevate the ambiance while the Paradigm windows flood the home with natural light, creating a bright and airy living space. BACK ON MARKET due to buyer financing.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2013
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,533 sq ft
Total Rooms
6
Stories
4
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $1,295,000
Final Sale Price: $1,150,000
Difference: $145,000 (-11.2%)
Performance Metrics
88.8%
List to Sale Ratio
Sold below asking price
311
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $845
Sale $/sq ft: $750
This property sold for $750 per square foot
Sale Summary

This property sold for 11.2% below the original asking price.

At 311 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 24 similar properties sold within 0.5 miles in the last 90 days

This Property
$750/sq ft
Area Average
$502/sq ft
Difference
+49.3%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2013
Living Area 1,533 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Bamboo
Appliances Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Second Floor, In Unit, Gas Dryer Hookup
Features Entrance Foyer, Home Office, Entry Hall

Exterior

Construction None
Architecture None
Roof None
Features Deck - Roof
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Guest
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer

Financial

Annual Tax $13,099
Assessed Value $1,266,800

Interior Features

Flooring: Wood, Tile, Bamboo
Appliances: Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Interior Features: Entrance Foyer, Home Office, Entry Hall
Windows:
Basement: N
Laundry: Second Floor, In Unit, Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 2013
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Under, Guest

Location

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Neighborhood

6-8 Beacon St # 4, 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 $1,092
Homeowners Insurance $200
HOA Fee $288/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

9.4%
Price Range
247
Total Days on Market

Property Timeline

Sold
Jul 25, 2024
$1,150,000
Property sold
Days on Market: 247
🏠
Listed for Sale
Sep 5, 2023
$1,269,000
Original listing
Agent: Melanie Lentini Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Sep 5, 2023 New Listing Added $1,269,000

Market Statistics

Days on Market
311 days
Price per Sq Ft
$750

Tax History

Year Taxes Assessment
2023 $13,099 $1,266,800

Financial Details

Annual Property Tax
$13,099
Tax Year 2023
HOA Fee
$288
Per month
Assessed Value
$1,266,800

Listing Information

Listing Agent Melanie Lentini
Listing Office Leading Edge Real Estate
Agent MLS ID B9500513
Office MLS ID AN4643
Listing Data Updated Jul 26, 2024 8:01 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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