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71 Bow # 305, Somerville MA 02143

Somerville, MA 02143 • Union Square
$840,000
Est. $88,366/month
2
Beds
1
Baths
998
Sq Ft
$842
Price/Sq Ft
2024
Year Built
192
Days on Market
Closed Listed Jul 22, 2024 • MLS# 73267979 Copied!

About this home

Somerville Union Square 3rd floor corner 2 bedroom in brand new building with elevator, HUGE common roof deck, bike parking, chic lobby and mail room! This lovely, spacious 2 bedroom has a large entryway with coat closet. Lots of cabinets and counter space in the chef's dream kitchen with massive center island, Induction cooktop and stainless appliances/Krion counters. Light and bright with high ceilings and beautiful triple pane windows - plus 2 exposures. Tranquil large living room with space for dining. 2 generous bedrooms and good closet space and a serene bathroom with Porcelanosa tiles and Grohe fixtures. Central air, laundry in unit and ERV system for constant fresh air throughout your home. All in the heart of Union Square with easy access to the T, Bow Market, restaurants and all Somerville has to offer!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2024
Bedrooms
2
Full Bathrooms
1
Living Area
998 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $949,000
Final Sale Price: $840,000
Difference: $109,000 (-11.5%)
Performance Metrics
88.5%
List to Sale Ratio
Sold below asking price
192
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $951
Sale $/sq ft: $842
This property sold for $842 per square foot
Sale Summary

This property sold for 11.5% below the original asking price.

At 192 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 18 similar properties sold within 0.5 miles in the last 90 days

This Property
$842/sq ft
Area Average
$519/sq ft
Difference
+62.1%

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 2024
Living Area 998 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Heat Pump
Cooling Central Air
Flooring Tile, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

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

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

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

Interior Features

Flooring: Tile, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 2024
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
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

Parking Features:

Location

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Neighborhood

Union Square

71 Bow # 305, 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
St. Theresa of the Child Jesus School
0.6 mi
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
0.7 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
A
John F Kennedy School
1.0 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
1.1 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
0.7 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.3 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
1.8 mi
Grades PK-K
M

Middle Schools

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

High Schools

2 schools
F
Full Circle High School
0.4 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
0.4 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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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $83,333
Homeowners Insurance $200
HOA Fee $586/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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$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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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

1.2%
Price Range
193
Total Days on Market

Property Timeline

Sold
Mar 6, 2025
$840,000
Property sold
Days on Market: 193
🏠
Listed for Sale
Jul 22, 2024
$849,900
Original listing
Agent: Charlesgate New Development Team Office: Charlesgate Realty Group, llc

Price & Status History

Date Event Price Change
Jul 22, 2024 New Listing Added $849,900

Market Statistics

Days on Market
192 days
Price per Sq Ft
$842

Tax History

Year Taxes Assessment
2024 $999,999 $999,999

Financial Details

Annual Property Tax
$999,999
Tax Year 2024
HOA Fee
$586
Monthly
Assessed Value
$999,999

Listing Information

Listing Agent Charlesgate New Development Team
Listing Office Charlesgate Realty Group, llc
Agent MLS ID TM359022
Office MLS ID NB1520
Listing Data Updated Mar 9, 2025 8:59 AM 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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