474 Broadway # 49, Somerville MA 02145
Somerville, MA 02145 • Magoun Square
$553,000
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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.
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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Property History
Market Insights
99.5%
Price Range
14
Total Days on Market
2
Previous Sales
Property Timeline
Current Active Listing - MLS #73567041
Full transaction history available when tracking began
Currently Listed
Aug 22, 2026
$2,800
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
Previous Transaction - MLS #70581778
Full transaction history available when tracking began
Previously Sold
Jun 29, 2007
$265,000
MLS #70581778
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/22/2026 | 🏡 Currently Listed | $2,800 | - | - | MLS #73567041 - Active |
| 05/31/2023 | ✓ Sold | $553,000 | - | - | Property sold |
| 04/13/2023 | 🏠 Listed for Sale | $575,000 | - | - | Original listing |
| 01/05/2018 | 🏷️ Previously Sold | $430,000 | - | - | MLS #72223451 |
| 06/29/2007 | 🏷️ Previously Sold | $265,000 | - | - | MLS #70581778 |
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
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Assigned
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
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
MA Disclosures
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.
Additional Details
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
Nearby Schools
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
Elementary Schools
9 schools
C-
Winter Hill Community School
0.4 mi
|
#291 of 352
|
Score: 32.3
Dropped 19 spots from last year
-25.9 below state avg
361 students
Diverse
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
0.5 mi
|
#237 of 352
|
Score: 37.4
Improved 26 spots from last year
-20.8 below state avg
461 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
0.5 mi
|
#244 of 352
|
Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students
Diverse
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.1 mi
|
#137 of 352
|
Score: 45.4
Improved 37 spots from last year
-12.8 below state avg
548 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
|
#49 of 352
|
Score: 57.2
Improved 6 spots from last year
-1 below state avg
474 students
Diverse
Grades PK-08
Capuano Early Childhood Center
0.7 mi
240 students
Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.3 mi
|
#82 of 825
|
Score: 60.2
Dropped 65 spots from last year
+2 above state avg
230 students
Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.9 mi
Grades PK-K
Middle Schools
1 school
Next Wave Junior High School
0.6 mi
11 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
0.6 mi
|
#334 of 346
|
Score: 23.6
Improved 32 spots from last year
-34.6 below state avg
60 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.6 mi
|
#125 of 346
|
Score: 58.3
Improved 117 spots from last year
+0.1 above state avg
1,367 students
Diverse
17 sports
• 1,566 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
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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