40 Medford Street # 301, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,185,000
Est. $6,307/month
3
Beds
2.5
Baths
1,614
Sq Ft
$734
Price/Sq Ft
2017
Year Built
Condominium
Type
16
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73203075

About this home

An opportunity to live in one of the hottest new areas of Somerville! Come and view this bright & spacious townhome, a luxury hideaway, yet near everything Somerville and Cambridge have to offer. The first level features an open living/dining layout, chef's kitchen with stainless steel appliances, quartz countertops and a walk-in pantry. Also on this level, a powder room and a lovely private deck, both perfect for entertaining.The upper level features a main suite, two additional bedrooms and two full bathrooms. This lovely home also offers central AC, high ceilings, W&D in unit, ample storage, custom-built closets and one sheltered parking space.With more than 1600sf, this pet friendly dwelling is spacious, intimate and perfectly situated.The building, built in 2017, features bike storage, elevator, video equipped entry, unit dedicated covered parking and keyless access.

Sale Statistics

Sale Overview
Original List Price: $1,200,000
Final Sale Price: $1,185,000
Difference: $15,000 (-1.3%)
Performance Metrics
98.8%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $743
Sale $/sq ft: $734
This property sold for $734 per square foot
Sale Summary

This property sold for 1.3% below the original asking price.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2017
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,614 sq ft
Total Rooms
6
Stories
2
Entry Level
3

Interior Features

Flooring
Wood
Heating
Central, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Laundry Features
In Unit
Basement Details
N
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Exterior Features
Deck
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Deeded

Utilities & Systems

Utilities Available
for Gas Range, for Electric Oven
Water Source
Public
Sewer
Public Sewer
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Medical Facility, Highway Access, House of Worship
HOA Fee
$519
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,780
Tax Year
2024
Tax Assessed Value
$0
Zoning
res

Additional Details

Year Built Source
Owner
Year Built Details
Approximate
Disclosures
No more than 1 pet. Contact broker for additional info.

Location

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Neighborhood

Union Square

40 Medford Street # 301, Somerville MA 02143

Somerville, MA 02143

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 $565
Homeowners Insurance $200
HOA Fee $519
PMI $0

Property History

Market Insights

1.3%
Price Range
17
Total Days on Market

Property Timeline

Sold
Mar 18, 2024
$1,185,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Feb 16, 2024
$1,200,000
Original listing
Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Feb 16, 2024 New Listing Added $1,200,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$734

Tax History

Year Taxes Assessment
2024 $6,780 $0

Financial Details

Annual Property Tax
$6,780
Tax Year 2024
HOA Fee
$519
Monthly
Assessed Value
$0

Listing Information

Listing Agent Moshe Elmekias
Listing Office Gibson Sotheby's International Realty
Agent MLS ID BB801625
Office MLS ID BB5918

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