55 Derby St. # 1, Somerville MA 02145

Somerville, MA 02145
$1,150,000
Est. $6,121/month
4
Beds
4
Baths
2,375
Sq Ft
$484
Price/Sq Ft
2023
Year Built
Condominium
Type
41
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73231602

About this home

Welcome to 55 Derby Street, Unit 1. This exquisite duplex features sleek white oak floors, striking black-framed windows that provide abundant natural light, and a quartz-encased fireplace that adds warmth and elegance to the modern living space. The designer kitchen boasts top-of-the-line appliances and an expansive quartz island with waterfall edge. Adjacent to the kitchen, a charming dining area leads to a private deck for outdoor relaxation and a lush, grass backyard that is entirely fenced in. Downstairs, the primary bedroom suite features a spacious walk-in closet and luxurious double vanity bath, as well as two other generous bedrooms, each with en-suite bath. Located mere minutes from major dining, shopping, and entertainment options at Assembly Row, 55 Derby offers unparalleled convenience with easy access to I-93 and the Green/Orange line. Two tandem off-street parking spaces are included.

Sale Statistics

Sale Overview
Original List Price: $1,175,000
Final Sale Price: $1,150,000
Difference: $25,000 (-2.1%)
Performance Metrics
97.9%
List to Sale Ratio
Sold below asking price
41
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $495
Sale $/sq ft: $484
This property sold for $484 per square foot
Sale Summary

This property sold for 2.1% below the original asking price.

The property spent 41 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2023
Bedrooms
4
Full Bathrooms
4
Living Area
2,375 sq ft
Total Rooms
8
Stories
2
Entry Level
1

Interior Features

Flooring
Wood, Tile, Engineered Hardwood
Heating
Central
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Laundry Features
In Unit
Basement Details
Y

Exterior & Structure

Construction Materials
Frame, Stone
Roof
Shingle
Exterior Features
Deck, Patio, Fenced Yard
Patio/Porch Features
Deck, Patio
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, Deeded

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-Station
HOA Fee
$300
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,500
Tax Year
2023
Tax Assessed Value
$0
Parcel Number
757539

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Two tandem parking spaces included.

Location

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Neighborhood

55 Derby St. # 1, Somerville MA 02145

Somerville, MA 02145

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 $625
Homeowners Insurance $200
HOA Fee $300
PMI $0

Property History

Market Insights

2.1%
Price Range
42
Total Days on Market

Property Timeline

Sold
Jul 18, 2024
$1,150,000
Property sold
Days on Market: 42
🏠
Listed for Sale
May 1, 2024
$1,175,000
Original listing
Agent: The Sarkis Team Office: Douglas Elliman Real Estate - The Sarkis Team

Price & Status History

Date Event Price Change
May 1, 2024 New Listing Added $1,175,000

Market Statistics

Days on Market
41 days
Price per Sq Ft
$484

Tax History

Year Taxes Assessment
2023 $7,500 $0

Financial Details

Annual Property Tax
$7,500
Tax Year 2023
HOA Fee
$300
Monthly
Assessed Value
$0

Listing Information

Listing Agent The Sarkis Team
Listing Office Douglas Elliman Real Estate - The Sarkis Team
Agent MLS ID TM328399
Office MLS ID AN8041

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