474 Broadway # 49, Somerville MA 02145

Somerville, MA 02145 • Magoun Square
$553,000
2
Beds
1
Baths
878
Sq Ft
$630
Price/Sq Ft
1965
Year Built
1
Garage Space
13
Days on Market
Sold Listed Apr 13, 2023 • MLS# 73098708 Copied! • Updated Jun 1, 2023

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Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $553,000
Difference: $22,000 (-3.8%)
Performance Metrics
96.2%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $655
Sale $/sq ft: $630
This property sold for $630 per square foot
Sale Summary

This property sold for 3.8% below the original asking price.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 35 similar properties sold within 0.5 miles in the last 90 days

This Property
$630/sq ft
Area Median
$574/sq ft
Difference
+9.8%

This property sold slightly above the area median for similar homes.

About this home

Just Listed! Penthouse corner two bedroom condo with GARAGE parking & sweeping south westerly views! Tastefully updated to include stainless steel appliances, natural maple cabinetry, ceiling fans, & hardwood floors. This sunny & airy home also features two large bedrooms with ample closet space that are perfect for first time buyers or investors looking to capitalize in the booming Somerville market. 474 Broadway is a professional managed elevator building in the heart of Magoun Square just steps to all the amenities on Broadway, some of the best restaurants in Somerville, the new Green Line extension, the Community Path to Davis Square, Ball Square T, Tufts, & offers easy access to downtown Boston, Logan Airport, & Assembly Row. Commuter’s Dream! Condo fees include heat and hot water!

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Recently Sold Nearby

Property History

Market Insights

99.5%
Price Range
14
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73567041
Full transaction history available when tracking began
🏡
Currently Listed
Aug 22, 2026
$3,000
MLS #73567041 - Active
Sold
May 31, 2023
$553,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Apr 13, 2023
$575,000
Original listing
Agent: The Fenway Group Office: Compass
Previous Transaction - MLS #72223451
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 5, 2018
$430,000
MLS #72223451

Tax History

Year Taxes Assessment
2023 $5,151 $498,200

Financial Details

Annual Property Tax
$5,151
Tax Year 2023
HOA Fee
$448
Monthly
Assessed Value
$498,200

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1965
Living Area 878 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s), Dual
Flooring Wood, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Assigned
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $5,151
Assessed Value $498,200

HOA & Community

HOA Fee $448 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Laundry, Elevator(s)
Optional Fee Includes None
Owner-Occupied Units 17
Pets Yes w/ Restrictions
Seller Disclosures Tenants In Place Paying $2500/month Through 8/31/2023. Garage Parking Space Is #24. Seller Has Never Lived In Property. Window In Bedroom Has Broken Seal. Pet Friendly But Need Approval. 2023 Net Taxes After Residential Exemption Are $1241.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 49
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (4)
County Middlesex
Total market time (incl. prior listings) 14 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1965
Bedrooms
2
Full Bathrooms
1
Living Area
878 sq ft
Total Rooms
5
Stories
1
Entry Level
4

Floor Layout

Interior Features

Flooring: Wood, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Interior Features:
Windows:
Basement: N
Laundry:
Security: Intercom

Construction & Materials

Year Built: 1965
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Assigned
School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
C-
Winter Hill Community School
0.4 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
0.5 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
C+
East Somerville Community School
0.5 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.1 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
1.1 mi
Grades PK-08
A
John F Kennedy School
1.4 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
Capuano Early Childhood Center
0.7 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.3 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.9 mi
Grades PK-K
M

Middle Schools

1 school
Next Wave Junior High School
0.6 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.6 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.6 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
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Location

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Neighborhood

Magoun Square

474 Broadway # 49, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Agent The Fenway Group
Listing Office Compass
Office Phone 617-206-3333
Agent MLS ID TM337387
Office MLS ID AN2383
Listing Data Updated Jun 1, 2023 9:02 AM 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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