71 Bow Street # 505U, Somerville MA 02143

Somerville, MA 02143 • Union Square
$899,900
Est. $4,790/month
2
Beds
1
Baths
998
Sq Ft
$902
Price/Sq Ft
2024
Year Built
Condominium
Type
72
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73311222

About this home

***START 2025 w/$15,000 closing credit & 1 year of condo fees paid!!!***Union Square brand new construction 2 bed Penthouse corner unit w/PARKING! Light & bright top floor home in elevator, professionally managed building featuring easy access covered bike parking, modern lobby & package room & keyless LATCH entry plus SPECTACULAR oversized roof deck w/direct elevator access! Condo features a gracious entry w/deep coat closet. Two tone Porcelanosa chef's kitchen w/Krion counters, Induction cook stop, & large center island for seating & entertaining. Spacious living rm features gorgeous oversized windows, recessed lighting & room for dining area. 2 generous bedrooms w/double closets. Spa-like bathroom w/Grohe fixtures & floating vanity. Beautiful flooring throughout, central air, heat pump, ERV system for constant fresh air & laundry in unit complete this offering in highly sought after, award winning Union Square neighborhood near the T, Bow Market & award winning restaurants/shopping.

Sale Statistics

Sale Overview
Original List Price: $924,900
Final Sale Price: $899,900
Difference: $25,000 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
72
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $927
Sale $/sq ft: $902
This property sold for $902 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

The property spent 72 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2024
Bedrooms
2
Full Bathrooms
1
Living Area
998 sq ft
Total Rooms
4
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

Roof
Rubber
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, Driveway, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

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
$632
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
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Common Walls
No One Above, Corner
Attached Property
Yes
Disclosures
Additional monthly condo fee of $42.86 for parking spot. ***Limited time offer $15, 000 closing credit and 1 year of condo fees paid!!!***

Location

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Neighborhood

Union Square

71 Bow Street # 505U, 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 $632
PMI $0

Property History

Market Insights

183
Total Days on Market

Property Timeline

Sold
Feb 28, 2025
$899,900
Property sold
Days on Market: 183
🏠
Listed for Sale
Nov 9, 2024
$899,900
Original listing
Agent: Charlesgate New Development Team Office: Charlesgate Realty Group, llc

Price & Status History

Date Event Price Change
Nov 9, 2024 New Listing Added $899,900

Market Statistics

Days on Market
72 days
Price per Sq Ft
$902

Tax History

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

Financial Details

Annual Property Tax
$999,999
Tax Year 2024
HOA Fee
$632
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

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