14-16 Malvern Ave, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$1,700,000
Est. $9,048/month
7
Beds
3.5
Baths
2,870
Sq Ft
$592
Price/Sq Ft
0.08
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
2
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73198006

About this home

Beautiful & renovated 2 family in great location just off the Bike Path between Teele and Davis Sq. 14 Malvern has been in the same family over 60 years; used in the past as an owner occupied home and now as an investment property. Some updates include: exterior painting 2022, new roof 2021, heat pumps in both units 2021, new windows in the units 2016-2021, newer SS appliances, interior paint, smart thermostats, & more. Unit 1 is 3 beds 1.5 baths leased through 8/31/24 at 3750/month. Unit 2 is 4 -5 beds, 2 full baths, ~1700 sq ft over 2 levels and leased through 7/12/2024 at 5000/month. Both units have eat in kitchens, dishwashers, updated appliances and dedicated laundry. Located just minutes to restaurants, shops, night life, Bike Path, & public transportation, 14 Malvern makes for a great owner occupied OR investment property. Currently parking for 2, can likely increase to 3-4 cars with removal of wheelchair ramp. Please try to attend open houses Sat 2/3 & Sun 2/4 10:00-12:00.

Sale Statistics

Sale Overview
Original List Price: $1,599,000
Final Sale Price: $1,700,000
Difference: +$101,000 (+6.3%)
Performance Metrics
106.3%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $557
Sale $/sq ft: $592
This property sold for $592 per square foot
Sale Summary

This property sold for 6.3% above the original asking price, indicating strong buyer demand.

With only 2 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,870 sq ft
Total Rooms
13
Stories
3
Levels
3

Interior Features

Flooring
Wood, Hardwood
Heating
Heat Pump
Has Heating
Yes
Cooling
Heat Pump
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features
Kitchen, Living RM/Dining RM Combo, Living Room, Family Room
Basement Details
Full, Interior Entry, Unfinished
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Other
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,300 sq ft
Lot Size Area
0.0800

Parking & Garage

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

Utilities & Systems

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

Community & HOA

Community Features
Public Transportation, Shopping, Walk/Jog Trails, Bike Path, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,573
Tax Year
2024
Tax Assessed Value
$1,216,000
Zoning
RB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Unit 1 collects $3750/month through 8/31/24, Unit 2 collects $5000/month through 7/12/2024 after which Unit 2 tenants intend to vacate. Taxes do not reflect residential exemption.
Exclusions
Tenant Belongings.

Location

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Neighborhood

Davis Square

14-16 Malvern Ave, Somerville MA 02144

Somerville, MA 02144

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 $1,048
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.9%
Price Range
3
Total Days on Market

Property Timeline

Sold
Mar 13, 2024
$1,700,000
Property sold
Days on Market: 3
🏠
Listed for Sale
Jan 31, 2024
$1,599,000
Original listing
Agent: Katherine Malin Office: Compass

Price & Status History

Date Event Price Change
Jan 31, 2024 New Listing Added $1,599,000

Market Statistics

Days on Market
2 days
Price per Sq Ft
$592

Tax History

Year Taxes Assessment
2024 $12,573 $1,216,000

Financial Details

Annual Property Tax
$12,573
Tax Year 2024
Assessed Value
$1,216,000

Listing Information

Listing Agent Katherine Malin
Listing Office Compass
Agent MLS ID CT006899
Office MLS ID AN2606

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