71 Bow # 204, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,115,000
2
Beds
2
Baths
1,302
Sq Ft
$856
Price/Sq Ft
2024
Year Built
1
Garage Space
57
Days on Market
Sold Listed Jul 22, 2024 • MLS# 73267987 Copied! • Updated Oct 8, 2024

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Sale Statistics

Sale Overview
Original List Price: $1,199,000
Final Sale Price: $1,115,000
Difference: $84,000 (-7.0%)
Performance Metrics
93.0%
List to Sale Ratio
Sold below asking price
57
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $921
Sale $/sq ft: $856
This property sold for $856 per square foot
Sale Summary

This property sold for 7.0% below the original asking price.

The property spent 57 days on market before selling.

Nearby Sales Comparison

Based on 50 similar properties sold within 0.5 miles in the last 90 days

This Property
$856/sq ft
Area Median
$648/sq ft
Difference
+32.1%

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

About this home

Welcome to Loen - Somerville/Union Square's newest boutique condo building now ready for occupancy! This South facing premier unit features 2 bedrooms plus an extra large den perfect for a 3rd bedroom or home office, 2 full custom bathrooms and a fully covered parking spot! Bathed in sunlight - ideal layout with entry/coat closet, eat in chef's kitchen and picture perfect living room with gorgeous windows, high ceilings, recessed lighting, central air, laundry in unit and ERV system for constant fresh air! Lovely breakfast bar. 2 bedrooms on the opposite sides of the unit for privacy. All in an elevator, professionally managed building with chic lobby, keyless entry, elevator, ride in bike storage and enormous common roof deck with spectacular views of the Back Bay! Located in the heart of Union Square near the T, shopping, dining, Bow Market, highway access, Porter, Kendall and more!

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Recently Sold Nearby

Property History

Market Insights

7%
Price Range
58
Total Days on Market

Property Timeline

Sold
Oct 8, 2024
$1,115,000
Property sold
Days on Market: 58
🏠
Listed for Sale
Jul 22, 2024
$1,199,000
Original listing
Agent: Vineburgh / DiMella Team Office: Charlesgate Realty Group, llc

Tax History

Year Taxes Assessment
2024 $999,999 $999,999

Financial Details

Annual Property Tax
$999,999
Tax Year 2024
HOA Fee
$733
Monthly
Assessed Value
$999,999

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2024
Living Area 1,302 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump
Cooling Central Air
Flooring Tile, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Deck - Roof
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof
Garage Spaces 1
Has Garage Yes
Features Under, Assigned, Off Street, Driveway, Paved
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $999,999
Assessed Value $999,999

HOA & Community

HOA Fee $733 Monthly
Fee Includes Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures Limited-time Buyer Incentive! $15k Credit At Closing, To Apply Towards Closing Costs Or Rate Buy Down, Valid Through 9/30/2024. Additional Monthly Condo Fee Of Approx. $42.86 For Parking Spot. Photos Are Of Actual Unit.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 204
Sq Ft Source Unit Floor Plan
Documents Master Deed, Rules & Regs, Floor Plans (3)
County Middlesex
Total market time (incl. prior listings) 58 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
2024
Bedrooms
2
Full Bathrooms
2
Living Area
1,302 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 2024
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Assigned, Off Street, Driveway, Paved
School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

3 schools
B+
Albert F. Argenziano School at Lincoln Park
0.2 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.6 mi
Grades PK-08
Capuano Early Childhood Center
0.7 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

3 schools
Next Wave Junior High School
0.4 mi
16 students Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
0.8 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
Allium Montessori School
1.1 mi
Grades 01-06
H

High Schools

3 schools
F
Full Circle High School
0.4 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.4 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
B-
Community Charter School of Cambridge
1.2 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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Location

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Neighborhood

Union Square

71 Bow # 204, Somerville MA 02143

Somerville, MA 02143

Listing Information

Listing Agent Vineburgh / DiMella Team
Listing Office Charlesgate Realty Group, llc
Office Phone 617-587-0100
Agent MLS ID TEAM0281
Office MLS ID NB1520
Listing Data Updated Oct 8, 2024 9:24 AM 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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