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494 Medford St, Somerville MA 02145

Somerville, MA 02145 • Magoun Square
$1,200,000
Est. $6,268/month
6
Beds
5
Baths
5,273
Sq Ft
$228
Price/Sq Ft
0.06
Acres
1900
Year Built
15
Days on Market
Closed Listed Feb 11, 2022 • MLS# 72942063 Copied!

About this home

ATTENTION ALL DEVELOPERS!!!! This project has already been approved by planning board! Soon-to-be 2 new duplex condos and a 2 level commercial space right in the heart of Magoun Square! The commercial space is on the corner lot - great visibility! The first unit offers 3 bedrooms plus an office space and 2.5 bathrooms. This unit even has a private roof deck! The second unit offers 3 bedrooms, 2.5 bathrooms and 2 balconies! Each unit gets 1 garage parking spot. Just block from the future Lowell St. Green Line stop and walkable to Somerville Bike Path.

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Property Overview

Property Type
Duplex
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
4
Half Bathrooms
2
Living Area
5,273 sq ft
Total Rooms
15
Stories
7
Levels
7

Sale Statistics

Sale Overview
Original List Price: $1,200,000
Final Sale Price: $1,200,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $228
Sale $/sq ft: $228
This property sold for $228 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style Duplex
Year Built 1900
Living Area 5,273 sq ft
Lot Size 0.06 acres
Bedrooms 6
Full Baths 4
Half Baths 2
Total Rooms 15

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 2
Basement Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof

Parking

Garage Spaces 2
Has Garage Yes
Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

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

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 7

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 2
Parking Features:

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

Magoun Square

494 Medford St, Somerville MA 02145

Somerville, MA 02145

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 $0
Homeowners Insurance $200
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

66.7%
Price Range
17
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73410352
Full transaction history available when tracking began
🏡
Currently Listed
Jul 28, 2025
$399,900
MLS #73410352 - Active
Sold
Mar 31, 2022
$1,200,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Feb 11, 2022
$1,200,000
Original listing
Agent: Santana Team Office: Keller Williams Realty Boston Northwest
Previous Transaction - MLS #72430205
Full transaction history available when tracking began
🏷️
Previously Sold
May 29, 2019
$810,000
MLS #72430205

Price & Status History

Date Event Price Change
Aug 22, 2025 Sold $399,900
Feb 11, 2022 New Listing Added $1,200,000
May 29, 2019 Sold $810,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$228

Tax History

Year Taxes Assessment
Tax history not available

Financial Details

Annual Property Tax
$0
Assessed Value
$0

Listing Information

Listing Agent Santana Team
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM008732
Office MLS ID BB5474
Listing Data Updated Apr 3, 2022 8:33 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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494 Medford St, Somerville MA 02145 - Photo 1 494 Medford St, Somerville MA 02145 - Photo 2 494 Medford St, Somerville MA 02145 - Photo 3 494 Medford St, Somerville MA 02145 - Photo 4
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