7 Lowell Terrace # 7, Somerville MA 02145

Somerville, MA 02145 • Magoun Square
$740,000
2
Beds
2
Baths
1,500
Sq Ft
$493
Price/Sq Ft
1880
Year Built
35
Days on Market
Sold Listed Aug 8, 2018 • MLS# 72375549 Copied! • Updated Nov 4, 2018

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Sale Statistics

Sale Overview
Original List Price: $749,000
Final Sale Price: $740,000
Difference: $9,000 (-1.2%)
Performance Metrics
98.8%
List to Sale Ratio
Sold below asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $499
Sale $/sq ft: $493
This property sold for $493 per square foot
Sale Summary

This property sold for 1.2% below the original asking price.

The property spent 35 days on market before selling.

Nearby Sales Comparison

Based on 45 similar properties sold within 0.5 miles in the last 90 days

This Property
$493/sq ft
Area Median
$549/sq ft
Difference
10.2%

This property sold below the area median, potentially representing good value for the buyer.

About this home

This top floor, sun filled condominium has been carefully renovated to exude quality and craftsmanship. Upon entering your eyes will quickly take notice to the crown moulding, detailed ceilings, and flowing front to back kitchen, living and dining areas. Live in luxury with smart home technology, gorgeous quartz countertops, high end stainless appliances, and a stunning stone faced fireplace with handcrafted mantle. A spacious master suite w/ tastefully tiled bath and walk-in closet, a 2nd bedroom and a full tile bath round out the main level. The flexible upper level space works perfect as a home gym, office or a place of rest. Situated in Somerville’s MAGOUN SQUARE neighborhood surrounded by wonderful restaurants, live entertainment, public transportation, the bike path and the currently under construction Green Line Station at Lowell Street!

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Recently Sold Nearby

Property History

Market Insights

25.6%
Price Range
37
Total Days on Market

Property Timeline

Current Active Listing - MLS #73572998
Full transaction history available when tracking began
🏡
Currently Listed
Sep 8, 2026
$995,000
MLS #73572998 - Active
Sold
Nov 2, 2018
$740,000
Property sold
Days on Market: 37
🏠
Listed for Sale
Aug 8, 2018
$749,000
Original listing
Agent: Jacqueline Veri Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Tax History

Year Taxes Assessment
Tax history not available

Financial Details

Annual Property Tax
$0
HOA Fee
$150
Monthly
Assessed Value
$0

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,500 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Oven
Fireplace Living Room
Fireplaces 1
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Bonus Room, Sitting Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Patio, Garden
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Annual Tax 0.00
Assessed Value 0.00

HOA & Community

HOA Fee $150 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities None
Optional Fee Includes None
Seller Disclosures Sq Footage Is Approximate Based On Building Plans. Seller Will Not Negotiate Any Discrepancies. Condo Fee Is A Good Faith Estimate. Taxes And Assessment Are Tbd. City Of Somerville Typically Re-assesses As A Sale Price Upon Each Unit Closing.
Possession None
Accepted Financing Contract
Structure Type ["2\/3 Family"]
Unit/Building 7
Sq Ft Source Unit Floor Plan
Documents None
County Middlesex
Total market time (incl. prior listings) 37 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1880
Bedrooms
2
Full Bathrooms
2
Living Area
1,500 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Oven
Interior Features: Bonus Room, Sitting Room
Windows: Insulated Windows
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Effective Year (Renovated): 2018
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features:

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station, University
School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
C+
Arthur D Healey School
0.5 mi | #237 of 352 | Score: 37.4
Improved 26 spots from last year
-20.8 below state avg
461 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.7 mi
Grades PK-08
A
John F Kennedy School
0.7 mi | #49 of 352 | Score: 57.2
Improved 6 spots from last year
-1 below state avg
474 students Diverse
Grades PK-08
C-
Winter Hill Community School
1.1 mi | #291 of 352 | Score: 32.3
Dropped 19 spots from last year
-25.9 below state avg
361 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.1 mi | #244 of 352 | Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students Diverse
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.2 mi | #137 of 352 | Score: 45.4
Improved 37 spots from last year
-12.8 below state avg
548 students Diverse
Rising School Diverse Student Body
Grades PK-08
A+
Benjamin G Brown School
0.5 mi | #82 of 825 | Score: 60.2
Dropped 65 spots from last year
+2 above state avg
230 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.1 mi
Grades PK-K
Capuano Early Childhood Center
1.3 mi
240 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
0.8 mi
11 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.8 mi | #334 of 346 | Score: 23.6
Improved 32 spots from last year
-34.6 below state avg
60 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.8 mi | #125 of 346 | Score: 58.3
Improved 117 spots from last year
+0.1 above state avg
1,367 students Diverse
17 sports • 1,566 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
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Location

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Neighborhood

Magoun Square

7 Lowell Terrace # 7, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Agent Jacqueline Veri
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone 617-666-2121
Agent MLS ID B9500124
Office MLS ID AN4885
Listing Data Updated Nov 4, 2018 4:23 PM EST
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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