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24 Rush St, Somerville MA 02145

Somerville, MA 02145
$1,300,000
14
Beds
9
Baths
5,698
Sq Ft
$228
Price/Sq Ft
0.10
Acres
1900
Year Built
27
Days on Market
Closed Listed Jul 11, 2016 • MLS# 72035979 Copied! • Updated Sep 20, 2016

Sale Statistics

Sale Overview
Original List Price: $1,500,000
Final Sale Price: $1,300,000
Difference: $200,000 (-13.3%)
Performance Metrics
86.7%
List to Sale Ratio
Sold below asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $263
Sale $/sq ft: $228
This property sold for $228 per square foot
Sale Summary

This property sold for 13.3% below the original asking price.

With only 27 days on market, this was a quick sale compared to typical market conditions.

About this home

VACANT LAND***Developers, this is the one you have been waiting for*** Build 9 condos or apartments as-of-right (previous 9 unit building on site was recently destroyed by fire). Buildings living area was 5,698 square feet. Expected condo prices are around $400,000+/- each. (See recently sold 70 Pearl St. #2 for good comp, though that was not new construction). The property would also work great as long term rental apartments. This is an amazing and rare development opportunity in blazing hot East Somerville. It's minutes from Sullivan Sq T stop, Assembly Row and The Proposed Green line train stop(Washington St) and property values in the area are rapidly increasing!

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Recently Sold Nearby

Property History

Market Insights

64.6%
Price Range
28
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73481939
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 10, 2026
$520,000
MLS #73481939
Previous Transaction - MLS #72786714
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 23, 2021
$495,000
MLS #72786714
Sold
Sep 20, 2016
$1,300,000
Property sold
Days on Market: 28
🏠
Listed for Sale
Jul 11, 2016
$1,400,000
Original listing
Agent: Branch Out Residential Team Office: Branch Out Realty

Tax History

Year Taxes Assessment
2016 $13,157 $1,050,000

Financial Details

Annual Property Tax
$13,157
Tax Year 2016
Assessed Value
$1,050,000

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 5,698 sq ft
Lot Size 0.10 acres
Bedrooms 14
Full Baths 9
Total Rooms 32

Investment Metrics

Units 9
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,157
Assessed Value $1,050,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Per Somerville Assessing This Building Was (5) Two Bedroom Apartments And (4) One Bedroom Apartments Per Assessing 32 Rooms And 14 Bedrooms - Buyer/buyer Agent To Conduct All Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 28 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
14
Full Bathrooms
9
Living Area
5,698 sq ft
Total Rooms
32
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

24 Rush St, Somerville MA 02145

Somerville, MA 02145

Listing Information

Agent MLS ID TM317163
Office MLS ID AN2588
Listing Data Updated Sep 20, 2016 3:31 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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