71 Bow # 501, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,050,000
Est. $5,589/month
2
Beds
2
Baths
1,202
Sq Ft
$874
Price/Sq Ft
2024
Year Built
Condominium
Type
97
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73267992

About this home

Penthouse 2 bedroom plus a large den, 2 full bathroom and 1 direct access parking spot! Located in Union Square's brand new Loen condo building, this unit has it all! Beautiful flooring throughout, high ceilings, central air, laundry in unit, ERV system for constant fresh air and triple pane windows all on the top floor of a new construction, elevator building! This corner unit w/ 2 exposures features a Porselanosa kitchen with Krion counters and lovely breakfast bar. Long views of tree tops & Prospect Hill! Spacious living room with space for dining. 2 generous bedrooms, plus a den with a large closet and a door - easily used as a home office/guest room/3rd bedroom. 2 full, beautifully appointed bathrooms with Grohe fixtures & floating vanities. Ride in bike parking, chic lobby, keyless entry and mail room - and a parking spot! Plus, a HUGE common roof deck with spectacular views!

Sale Statistics

Sale Overview
Original List Price: $1,199,000
Final Sale Price: $1,050,000
Difference: $149,000 (-12.4%)
Performance Metrics
87.6%
List to Sale Ratio
Sold below asking price
97
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $998
Sale $/sq ft: $874
This property sold for $874 per square foot
Sale Summary

This property sold for 12.4% below the original asking price.

At 97 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2024
Bedrooms
2
Full Bathrooms
2
Living Area
1,202 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Interior Features

Flooring
Tile, Engineered Hardwood
Heating
Heat Pump
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Laundry Features
In Unit
Basement Details
N
Window Features
Insulated Windows

Exterior & Structure

Exterior Features
Deck - Roof
Patio/Porch Features
Deck - Roof
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Under, Assigned, Off Street, Driveway, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
HOA Fee
$733
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$999,999
Tax Year
2024
Tax Assessed Value
$999,999
Parcel Number
756800
Zoning
9999999

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Loen
Common Walls
No One Above, Corner
Attached Property
Yes
Disclosures
Photos are of model unit. Additional monthly condo fee of approx. $42.86 for parking spot.

Location

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Neighborhood

Union Square

71 Bow # 501, Somerville MA 02143

Somerville, MA 02143

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 $83,333
Homeowners Insurance $200
HOA Fee $733
PMI $0

Property History

Market Insights

99
Total Days on Market

Property Timeline

Sold
Nov 21, 2024
$1,050,000
Property sold
Days on Market: 99
🏠
Listed for Sale
Jul 23, 2024
$1,050,000
Original listing
Agent: Vineburgh / DiMella Team Office: Charlesgate Realty Group, llc

Price & Status History

Date Event Price Change
Jul 23, 2024 New Listing Added $1,050,000

Market Statistics

Days on Market
97 days
Price per Sq Ft
$874

Tax History

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

Financial Details

Annual Property Tax
$999,999
Tax Year 2024
HOA Fee
$733
Monthly
Assessed Value
$999,999

Listing Information

Listing Agent Vineburgh / DiMella Team
Listing Office Charlesgate Realty Group, llc
Agent MLS ID TEAM0281
Office MLS ID NB1520

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