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71 Bow # 502, Somerville MA 02143

Somerville, MA 02143 • Union Square
$925,000
Est. $88,783/month
2
Beds
1
Baths
884
Sq Ft
$1,046
Price/Sq Ft
2024
Year Built
13
Days on Market
Closed Listed Feb 23, 2024 • MLS# 73205045 Copied!

About this home

Welcome home to Loen - Somerville's first Passive House construction condominium project! Located right in the heart of Union Square with award winning dining, Bow Market and the T. These homes feature high ceilings, sought after layouts and thoughtful designs with ERV systems for constant air renewal. White oak flooring, Schuco windows, Porcelanosa and Krion kitchens, Grohe fixtures, stainless appliances, designer bathrooms, and laundry in unit. An elevator building with bike parking and a huge common roof deck with spectacular views plus solar panels! Multiple floor plans available from 1 beds to 2 beds with dens, some with private terraces. Parking spaces available. Enjoy building practices of the future today in vibrant Union Square!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2024
Bedrooms
2
Full Bathrooms
1
Living Area
884 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $925,000
Final Sale Price: $925,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $1,046
Sale $/sq ft: $1,046
This property sold for $1,046 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$1,046/sq ft
Area Average
$519/sq ft
Difference
+101.4%

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 2024
Living Area 884 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

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 None
Features Deck, Deck - Roof
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Roof

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Assigned, Driveway
Total Spaces 1

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:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Assigned, Driveway

Location

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Neighborhood

Union Square

71 Bow # 502, 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
$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 $83,333
Homeowners Insurance $200
HOA Fee $572/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

14
Total Days on Market

Property Timeline

Sold
Jun 5, 2024
$925,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Feb 23, 2024
$925,000
Original listing
Agent: Vineburgh / DiMella Team Office: Charlesgate Realty Group, llc

Price & Status History

Date Event Price Change
Feb 23, 2024 New Listing Added $925,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$1,046

Tax History

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

Financial Details

Annual Property Tax
$999,999
Tax Year 2024
HOA Fee
$572
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
Listing Data Updated Jun 5, 2024 8:16 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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