Toggle Side Panel

71 School Street # 1, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,350,000
Est. $7,185/month
4
Beds
4.5
Baths
2,467
Sq Ft
$547
Price/Sq Ft
1900
Year Built
Condominium
Type
113
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73126964

About this home

Union Square new construction! 71 School is spacious and light-filled! This 4-bed, 4.5-bathroom home spanning nearly 2,500 SF across two levels has abundant natural light, thoughtful contemporary design, and a large exclusive use yard. The roomy living and dining area with high ceilings, oversized windows, and a wall-to-wall fireplace flows seamlessly into a kitchen outfitted for a chef with a six-burner range, vent hood, abundant counterspace and cabinets, and an island for four. Three large bedrooms, each with its own bath and a powder room complete this level. The finished lower level includes a large family room or den perfect for movie night, a 4th bedroom, full bathroom, and lots of additional storage. A stone’s throw from the new Union Square Green Line T and Bow Market, featuring 30+ independent food, art, and retail shops along a public courtyard - an urban bounty! Easy access to I-93, Harvard and MIT.

Sale Statistics

Sale Overview
Original List Price: $1,475,000
Final Sale Price: $1,350,000
Difference: $125,000 (-8.5%)
Performance Metrics
91.5%
List to Sale Ratio
Sold below asking price
113
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $598
Sale $/sq ft: $547
This property sold for $547 per square foot
Sale Summary

This property sold for 8.5% below the original asking price.

At 113 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
4
Full Bathrooms
4
Half Bathrooms
1
Living Area
2,467 sq ft
Total Rooms
7
Stories
2
Entry Level
1

Interior Features

Flooring
Tile, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Heating
Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Bathroom - Half, Countertops - Stone/Granite/Solid, Recessed Lighting, Bathroom - 1/4, Bathroom, 1/4 Bath, Internet Available - Broadband
Laundry Features
Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch, Fenced Yard
Patio/Porch Features
Porch
Fencing
Security, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Tandem

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
HOA Fee
$200
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,898
Tax Year
2023
Tax Assessed Value
$658,700
Tax Lot
3
Tax Block
A
Tax Map Number
62
Parcel Number
062A.00003000000,756541
Zoning
C1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
71 School Street Condominium
Common Walls
No One Below
Property Condition
Remodeled
Disclosures
Property taxes based on 2 family assessment; property will be reassessed as a condo after the sale. Small portion of foundation is existing. Monthly condo fee is estimated.
Listing Terms
Contract

Location

Loading map...

Neighborhood

Union Square

71 School Street # 1, Somerville MA 02143

Somerville, MA 02143

Walkability

Loading Walk Score...

Schools

Elementary School
Lottery
Rating information coming soon
Middle School
Lottery
Rating information coming soon
High School
Somerville Hs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $575
Homeowners Insurance $200
HOA Fee $200
PMI $0

Property History

Market Insights

3.4%
Price Range
82
Total Days on Market

Property Timeline

✓
Sold
Nov 29, 2023
$1,350,000
Property sold
Days on Market: 82
🏠
Listed for Sale
Jun 20, 2023
$1,398,000
Original listing
Agent: Lauren Holleran Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Jun 20, 2023 New Listing Added $1,398,000 —

Market Statistics

Days on Market
113 days
Price per Sq Ft
$547

Tax History

Year Taxes Assessment
2023 $6,898 $658,700

Financial Details

Annual Property Tax
$6,898
Tax Year 2023
HOA Fee
$200
Monthly
Assessed Value
$658,700

Listing Information

Listing Agent Lauren Holleran Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM331830
Office MLS ID AN2064

Similar Homes

71 School Street # 1, Somerville MA 02143 - Photo 1 71 School Street # 1, Somerville MA 02143 - Photo 2 71 School Street # 1, Somerville MA 02143 - Photo 3 71 School Street # 1, Somerville MA 02143 - Photo 4 71 School Street # 1, Somerville MA 02143 - Photo 5 71 School Street # 1, Somerville MA 02143 - Photo 6 71 School Street # 1, Somerville MA 02143 - Photo 7 71 School Street # 1, Somerville MA 02143 - Photo 8 71 School Street # 1, Somerville MA 02143 - Photo 9 71 School Street # 1, Somerville MA 02143 - Photo 10 71 School Street # 1, Somerville MA 02143 - Photo 11 71 School Street # 1, Somerville MA 02143 - Photo 12 71 School Street # 1, Somerville MA 02143 - Photo 13 71 School Street # 1, Somerville MA 02143 - Photo 14 71 School Street # 1, Somerville MA 02143 - Photo 15 71 School Street # 1, Somerville MA 02143 - Photo 16

Contact Agent

Schedule a Tour