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5 Norwood Avenue # 2, Somerville MA 02145

Somerville, MA 02145 • Magoun Square
$650,000
Est. $3,833/month
2
Beds
1
Baths
988
Sq Ft
$658
Price/Sq Ft
1920
Year Built
11
Days on Market
Closed Listed Jun 21, 2023 • MLS# 73128002 Copied!

About this home

Located in the heart of Magoun Square, just a short distance from a newly opened GLX Station and Community Path Extension that reaches Cambridge Crossing and beyond, 5 Norwood Avenue is a commuter’s dream. With over 900 SF of living space, this top-level duplex features a semi-open floor plan on the main level with separate but fluid living, dining, and kitchen spaces. A private deck wraps around the dining room and is perfect for a morning coffee or an evening read. A spacious main bedroom and a handsomely tiled bathroom with a jacuzzi tub complete this level; upstairs, a second bedroom, and a bonus storage room. Set back from the street, a private patio with a grilling area is your green oasis within the city! Other convenient amenities are central air, in-unit laundry, off-street parking, and generous, clean, and dry basement storage. Enjoy the urban bounty that Magoun Square has to offer with restaurants, coffee shops, shopping, and essentials.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Living Area
988 sq ft
Total Rooms
5
Stories
2
Entry Level
2
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $650,000
Difference: +$51,000 (+8.5%)
Performance Metrics
108.5%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $606
Sale $/sq ft: $658
This property sold for $658 per square foot
Sale Summary

This property sold for 8.5% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 30 similar properties sold within 0.5 miles in the last 90 days

This Property
$658/sq ft
Area Average
$424/sq ft
Difference
+55.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 988 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Flooring - Stone/ceramic Tile, Gas Dryer Hookup, Washer Hookup, First Floor
Features Walk-in Closet(s), Lighting - Overhead

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Patio
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio

Parking

Features Off Street, Deeded, Paved
Total Spaces 1

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $1,760
Assessed Value $547,400

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Walk-In Closet(s), Lighting - Overhead
Windows: Insulated Windows
Basement: Y
Laundry: Flooring - Stone/Ceramic Tile, Gas Dryer Hookup, Washer Hookup, First Floor
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2016
Structure Type: Duplex
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded, Paved

Location

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Neighborhood

Magoun Square

5 Norwood Avenue # 2, 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 $147
Homeowners Insurance $200
HOA Fee $200/mo
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

34%
Price Range
15
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73516162
Full transaction history available when tracking began
🏡
Currently Listed
May 11, 2026
$700,000
MLS #73516162 - Active
Sold
Jul 21, 2023
$650,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Jun 21, 2023
$599,000
Original listing
Agent: Lauren Holleran Team Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #72064088
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 27, 2016
$462,000
MLS #72064088

Price & Status History

Date Event Price Change
May 11, 2026 Sold $700,000
Jun 21, 2023 New Listing Added $599,000
Oct 27, 2016 Sold $462,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$658

Tax History

Year Taxes Assessment
2023 $1,760 $547,400

Financial Details

Annual Property Tax
$1,760
Tax Year 2023
HOA Fee
$200
Monthly
Assessed Value
$547,400

Listing Information

Listing Agent Lauren Holleran Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM331830
Office MLS ID AN2064
Listing Data Updated Jul 21, 2023 2:01 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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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

5 Norwood Avenue # 2, Somerville MA 02145 - Photo 1 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 2 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 3 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 4 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 5 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 6 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 7 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 8 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 9 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 10 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 11 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 12 5 Norwood Avenue # 2, Somerville MA 02145 - Photo 13
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