145 Bailey Road, Somerville MA 02145

Somerville, MA 02145
$950,000
Est. $5,056/month
4
Beds
2
Baths
2,256
Sq Ft
$421
Price/Sq Ft
0.10
Acres
1931
Year Built
Multi Family
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73077628

About this home

Wonderful opportunity with lovely river views awaits you in the sought after Ten Hills neighborhood !! Minutes to vibrant Assembly Square, it's restaurants & stores and of course the Assembly Orange Line T station .This traditional 2 family while needing updating offers untapped potential for both future homeowners plus rental income( bring your ideas & finishes ! ) & for contractor/developers seeking a profitable project with each unit offering good sized rooms with living room , dining room 2 bedroom configuration (2nd floor has additional office).The second floor unit offers expansion potential with walk up attic offering primary bedroom ensuite opportunity ?? Additionally, the above grade basement level offers lower level expansion potential to enlarge first floor unit ?? Hardwood floors, porches, yard, vinyl sided, convenient to 93 & Downtown Boston.

Sale Statistics

Sale Overview
Original List Price: $925,000
Final Sale Price: $950,000
Difference: +$25,000 (+2.7%)
Performance Metrics
102.7%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $410
Sale $/sq ft: $421
This property sold for $421 per square foot
Sale Summary

This property sold for 2.7% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1931
Bedrooms
4
Full Bathrooms
2
Living Area
2,256 sq ft
Total Rooms
11
Stories
2
Levels
2

Interior Features

Flooring
Hardwood
Has Fireplace
No
Basement Details
Full, Interior Entry

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Enclosed, Deck, Deck - Wood
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,437 sq ft
Lot Size Area
0.1000
Lot Features
Corner Lot, Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Tandem, On Street
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
110 Volts

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,924
Tax Year
2022
Tax Assessed Value
$680,200
Parcel Number
M:56 B:D L:35,756025
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller has never lived in the property, such that, is selling property without any representations or warranties in "As Is, Where Is" condition. Accordingly, Buyer/Buyer's Agent to do their own due diligence. 2nd floor vacant & 1st floor has long term TAW leaving end of March

Location

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Neighborhood

145 Bailey Road, Somerville MA 02145

Somerville, MA 02145

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 $577
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.6%
Price Range
6
Total Days on Market

Property Timeline

Sold
Nov 17, 2023
$950,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Feb 9, 2023
$925,000
Original listing
Office: RE/MAX Destiny

Price & Status History

Date Event Price Change
Feb 9, 2023 New Listing Added $925,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$421

Tax History

Year Taxes Assessment
2022 $6,924 $680,200

Financial Details

Annual Property Tax
$6,924
Tax Year 2022
Assessed Value
$680,200

Listing Information

Listing Agent Kevin Knightly
Listing Office RE/MAX Destiny
Agent MLS ID BB981743
Office MLS ID BB9927

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