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40 School Street # 3, Somerville MA 02143

Somerville, MA 02143 • Spring Hill
$768,000
Est. $4,522/month
2
Beds
1
Baths
1,115
Sq Ft
$689
Price/Sq Ft
1900
Year Built
17
Days on Market
Closed Listed Jul 10, 2019 • MLS# 72531510 Copied!

About this home

Sunny top floor two-bedroom on Spring Hill outside Union Square. Inviting open plan main living area situated on rear side of residence. Kitchen with white tile backsplash and ample cherry cabinets. Dining room with window bay and Boston skyline views. Larger living room opens onto bonus room with windows on all sides and built-in window seat with storage. Comfortable main bedroom with generous built-in armoire along one wall and ceiling fan. In addition to the second bedroom there is a separate nursery with closet. Other highlights of this home include the following: 8'-6" ceiling height; transom windows; pocket doors; in-unit laundry; private storage in basement. Exclusive use of three-car driveway behind building. Access to delightful shared patio + yard area. Enjoy easy access to Union Square in Somerville and Porter Square in Cambridge from this address.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,115 sq ft
Total Rooms
7
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $728,000
Final Sale Price: $768,000
Difference: +$40,000 (+5.5%)
Performance Metrics
105.5%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $653
Sale $/sq ft: $689
This property sold for $689 per square foot
Sale Summary

This property sold for 5.5% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$689/sq ft
Area Average
$472/sq ft
Difference
+46.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,115 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 7

Interior

Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Third Floor, In Unit
Features Study, Nursery

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Deck - Roof + Access Rights, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck - Roof + Access Rights

Parking

Features Off Street
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,146
Assessed Value $486,500

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Study, Nursery
Windows: Insulated Windows
Basement: Y
Laundry: Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 1999
Structure Type: Low-Rise
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Roof + Access Rights, Fenced Yard
Patio & Porch: Deck - Roof + Access Rights
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street

Location

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Neighborhood

Spring Hill

40 School Street # 3, Somerville MA 02143

Somerville, MA 02143

Walkability

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Nearby Schools

School information not available for this location.

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 $179
Homeowners Insurance $200
HOA Fee $260/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

23.4%
Price Range
18
Total Days on Market

Property Timeline

Current Active Listing - MLS #73521290
Full transaction history available when tracking began
🏡
Currently Listed
May 19, 2026
$950,000
MLS #73521290 - Active
Sold
Aug 28, 2019
$768,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Jul 10, 2019
$728,000
Original listing
Agent: Charles Cherney Office: Compass

Price & Status History

Date Event Price Change
May 20, 2026 Sold $950,000
Jul 10, 2019 New Listing Added $728,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$689

Tax History

Year Taxes Assessment
2019 $2,146 $486,500

Financial Details

Annual Property Tax
$2,146
Tax Year 2019
HOA Fee
$260
Monthly
Assessed Value
$486,500

Listing Information

Listing Agent Charles Cherney
Listing Office Compass
Agent MLS ID BB983195
Office MLS ID AN2606
Listing Data Updated Aug 28, 2019 6:29 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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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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