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40 Tower Street, Somerville MA 02143

Somerville, MA 02143 • Spring Hill
$850,000
Est. $4,524/month
5
Beds
1.5
Baths
1,909
Sq Ft
$445
Price/Sq Ft
0.09
Acres
1905
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73209110

About this home

Explore 40 Tower Street, an uncut gem built in the conventional style in historic Spring Hill, built in 1905. This 5-bed, 1.5-bath home, a developer's dream, is centrally located near three T-stations, Tufts, and Harvard for unparalleled convenience. Resting on a 3,920 sq ft lot, the property boasts a vast yard and off-street parking for two cars. Picture leisurely strolls through Spring Hill's vibrant neighborhood, with enticing eateries, lively nightlife, and the scenic Somerville Bike Path. Effortless access to Boston via public transport enhances this property's appeal. Amid listing scarcity, 40 Tower Street beckons developers with untapped potential, including an unfinished basement for expansion. This property has boundless possibilities. Seize the opportunity to own a piece of Spring Hill, one of Somerville’s most vibrant and rapidly appreciating neighborhoods.

Sale Statistics

Sale Overview
Original List Price: $995,000
Final Sale Price: $850,000
Difference: $145,000 (-14.6%)
Performance Metrics
85.4%
List to Sale Ratio
Sold below asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $521
Sale $/sq ft: $445
This property sold for $445 per square foot
Sale Summary

This property sold for 14.6% below the original asking price.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1905
Bedrooms
5
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,909 sq ft
Total Rooms
8

Interior Features

Flooring
Hardwood
Heating
Forced Air
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Gas Water Heater, Oven, Dishwasher, Refrigerator, Washer, Dryer
Laundry Features
In Basement
Basement Details
Unfinished
Accessibility Features
No

Exterior & Structure

Architectural Style
Other (See Remarks)
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch, Deck - Wood
Patio/Porch Features
Porch, Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,920 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

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

Financial & Tax Information

Annual Tax Amount
$9,801
Tax Year
2024
Tax Assessed Value
$931,700
Tax Lot
19
Tax Block
E
Tax Map Number
35
Parcel Number
6754,752483
Zoning
NR

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Seller Information Attached

Location

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Neighborhood

Spring Hill

40 Tower Street, Somerville MA 02143

Somerville, MA 02143

Walkability

Loading Walk Score...

Schools

Elementary School
Jfk, Ben Brown
Rating information coming soon
Middle School
Next Wave
Rating information coming soon
High School
Somerville High
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $817
Homeowners Insurance $200
PMI $0

Property History

Market Insights

40.4%
Price Range
7
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73285783
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 27, 2024
$1,425,000
MLS #73285783
View Listing →
✓
Sold
Apr 4, 2024
$850,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Mar 6, 2024
$995,000
Original listing
Office: Realty ONE Group Cosmopolitan

Price & Status History

Date Event Price Change
Sep 27, 2024 Sold $1,425,000 —
Mar 6, 2024 New Listing Added $995,000 —

Market Statistics

Days on Market
6 days
Price per Sq Ft
$445

Tax History

Year Taxes Assessment
2024 $9,801 $931,700

Financial Details

Annual Property Tax
$9,801
Tax Year 2024
Assessed Value
$931,700

Listing Information

Listing Agent Asi Boutelle
Listing Office Realty ONE Group Cosmopolitan
Agent MLS ID CN251220
Office MLS ID AN6811

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