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70 Prospect Street # 304, Somerville MA 02143

Somerville, MA 02143 • Union Square
$725,000
Est. $5,117/month
2
Beds
1
Baths
926
Sq Ft
$783
Price/Sq Ft
2017
Year Built
52
Days on Market
Closed Listed Aug 12, 2017 • MLS# 72212937 Copied!

About this home

The Flatiron @ Union Square offers a contemporary lifestyle in an energetic, urban environment. This architect-designed, new construction building is a 16-unit development which includes 14 residential units & 2 ground floor commercial spaces. These sun-splashed condos have open plan layouts, over nine foot ceilings, oversized windows & amazing views! These boutique residences feature custom cabinetry, professional grade appliances, signature granite & stainless kitchens, and gorgeous maple hardwood floors throughout. Amenities in this contemporary renovation include in-unit laundry, central air, parking availability, a passenger elevator, private balcony, and a common roof deck & patio. Conveniently located in Union Sq. with a Walk Score of 95. Just minutes to the future Union Sq green line stop. Ready for Occupancy in October 2017. This condo was purchased with outdoor space #13.

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Public Records

Current Owner

Owner LEDERMAN JOSHUA & LINDA C TRUSTEES
Mailing Address 70 PROSPECT ST UNIT 201, SOMERVILLE, MA, 02143

Land Use

Use Code 1020
Description N/A
Zoning MR5
Style Mid rise

Tax Information

Assessed Value $860,300
Tax Rate $10.52 per $1,000
Base Tax $9,050
CPA Surcharge 1.5% ($120)
Estimated Annual Tax $9,170

Assessment History

Year Land Building Total Change
FY2025 $0 $860,300 $860,300

Sale History

Date Price Book/Page
Sep 22, 2021 $1 78755/0530
Jan 26, 2021 $10 76781/0321
May 5, 2020 $835,000 74606/0136
Sep 14, 2018 $900,000 71619/0188
Aug 9, 2018 $180,137 71451/0235
Aug 1, 2018 $268,824 71459/0046
Feb 28, 2018 $445,000 70683/0471
Dec 1, 2017 $125,000 70322/0309
Nov 3, 2017 $925,000 70189/0276
Nov 2, 2017 $925,000 70182/0210
Nov 1, 2017 $745,000 70173/0559
Oct 30, 2017 $850,000 70153/0427
Oct 27, 2017 $780,000 70147/0455
Oct 27, 2017 $725,000 70144/0429

Municipal Context: SOMERVILLE

Median Home Value $785,000
Avg SF Tax Bill $6,700
Residential Tax Rate $10.52/1000
CPA Surcharge 1.5%
County Middlesex
Match: address_condo (90.0% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2017
Bedrooms
2
Full Bathrooms
1
Living Area
926 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $700,000
Final Sale Price: $725,000
Difference: +$25,000 (+3.6%)
Performance Metrics
103.6%
List to Sale Ratio
Sold above asking price
52
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $756
Sale $/sq ft: $783
This property sold for $783 per square foot
Sale Summary

This property sold for 3.6% above the original asking price, indicating strong buyer demand.

The property spent 52 days on market before selling.

Nearby Sales Comparison

Based on 30 similar properties sold within 0.5 miles in the last 90 days

This Property
$783/sq ft
Area Average
$243/sq ft
Difference
+222.3%

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 2017
Living Area 926 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

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

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Deck, Balcony, City View(s), Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $9,999
Assessed Value $999,999

Interior Features

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

Construction & Materials

Year Built: 2017
Effective Year (Renovated): 2017
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Deck, Balcony, City View(s), Fenced Yard
Patio & Porch: Deck
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

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Neighborhood

Union Square

70 Prospect Street # 304, Somerville MA 02143

Somerville, MA 02143

Walkability

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Nearby Schools

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
B+
Albert F. Argenziano School at Lincoln Park
0.2 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C+
East Somerville Community School
0.7 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
C-
Winter Hill Community School
0.8 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
1.0 mi
Grades PK-08
A
John F Kennedy School
1.4 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
C+
Arthur D Healey School
1.4 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
Capuano Early Childhood Center
0.6 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.7 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
2.2 mi
Grades PK-K
M

Middle Schools

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

High Schools

2 schools
F
Full Circle High School
0.7 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.7 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $833
Homeowners Insurance $200
HOA Fee $418/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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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

19.5%
Price Range
45
Total Days on Market

Property Timeline

Current Active Listing - MLS #73510324
Full transaction history available when tracking began
🏡
Currently Listed
Apr 30, 2026
$870,000
MLS #73510324 - Active
Sold
Oct 27, 2017
$725,000
Property sold
Days on Market: 45
🏠
Listed for Sale
Aug 12, 2017
$700,000
Original listing
Agent: Lisa Drapkin Office: Coldwell Banker Residential Brokerage - Cambridge

Price & Status History

Date Event Price Change
Apr 30, 2026 Sold $870,000
Aug 12, 2017 New Listing Added $700,000

Market Statistics

Days on Market
52 days
Price per Sq Ft
$783

Tax History

Year Taxes Assessment
2017 $9,999 $999,999

Financial Details

Annual Property Tax
$9,999
Tax Year 2017
HOA Fee
$418
Monthly
Assessed Value
$999,999

Listing Information

Listing Agent Lisa Drapkin
Listing Office Coldwell Banker Residential Brokerage - Cambridge
Agent MLS ID BB904254
Office MLS ID BB2438
Listing Data Updated Oct 30, 2017 8:38 PM 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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