357 Medford St # 3, Somerville MA 02145

Somerville, MA 02145

$482,000

Beds

Baths

1,198

Sq Ft

$402

Price/Sq Ft

1900

Year Built

Condominium

Type

Days on Market

Sold Listed Sep 18, 2024 • MLS# 73291524 Copied! • Updated Dec 13, 2024

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Sale Statistics

Sale Overview

Original List Price: $550,000

                            Final Sale Price:
                            $482,000
                        

Difference: $68,000 (-12.4%)

Performance Metrics

87.6%

List to Sale Ratio

Sold below asking price

Days on Market

Average time

Price per Square Foot Analysis

Original $/sq ft: $459

                            Sale $/sq ft:
                            $402
                        

This property sold for $402 per square foot

Sale Summary

This property sold for 12.4% below the original asking price.

The property spent 33 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

$402/sq ft

Area Median

$650/sq ft

Difference

38.1%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Discover your oasis up above Gilman Square. This two bedroom, one bath condo is the perfect getaway from the busy life down on the street. First you walk into a large foyer that leads to a private deck with sunlight all day long. The living room boasts a ceiling fan and hardwood floors, and leads to a flex space for an office, wet bar, or more storage. The large eat-in kitchen has stainless steel appliances, plenty of space to add an island, and has a full bathroom off of it with a tub. The two bedrooms are close in size, and both have large closets. Downstairs in back is a common use space for gardening, grilling, or letting your pup run around the fenced in yard. Laundry is shared in the basement. This location can't be beat: the green line extension is across the street, as is the Somerville Bike Path, and also close to McGrath Highway and 93 for a quick commute. Come make this your home today!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

3.4%

Price Range

Total Days on Market

Property Timeline

✓

Sold

Dec 13, 2024

$482,000

Property sold

Days on Market: 34

🏠

Listed for Sale

Sep 18, 2024

$499,000

Original listing

Agent: Dustin Roberts Office: Fiv Realty Co.

Date	Event	Price	Change	$/sqft	Details
12/13/2024	✓ Sold	$482,000	-	-	Property sold
09/18/2024	🏠 Listed for Sale	$499,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$5,981	$568,500

Financial Details

Annual Property Tax

$5,981

Tax Year 2024

HOA Fee

$200

Monthly

Assessed Value

$568,500

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 1,198 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 4

Interior

Heating Electric

Cooling Window Unit(s)

Flooring Wood, Flooring - Hardwood

Appliances Range, Refrigerator

Fireplace None

Basement Y

Laundry Common Area

Features Lighting - Pendant, Entrance Foyer

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Balcony / Deck, Porch, Deck, Patio - Enclosed, Fenced Yard, Garden

Pool None

Spa None

Fencing Security, Fenced

Patio/Porch Porch, Deck, Patio - Enclosed

Parking

Features On Street

Utilities

Electric Circuit Breakers, 60 Amps/less, Other (see Remarks)

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $5,981

Assessed Value $568,500

HOA & Community

HOA Fee $200 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Amenities Laundry

Optional Fee Includes None

Owner-Occupied Units 1

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["2\/3 Family"]

Unit/Building 3

Sq Ft Source Unit Floor Plan

Sq Ft Disclosures Buyer and Buyers Agent to do all due diligence. Unit floor plan from conversion.

Documents Master Deed, Unit Deed, Master Plan, Floor Plans, Association Financial Statements, Certificate Of Insurance (6)

County Middlesex

Total market time (incl. prior listings) 34 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

1,198 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Flooring - Hardwood

Appliances: Range, Refrigerator

Interior Features: Lighting - Pendant, Entrance Foyer

Windows:

Basement: Y

Laundry: Common Area

Security:

Construction & Materials

Year Built: 1900

Effective Year (Renovated): 2015

Structure Type: 2/3 Family

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Electric

Cooling: Window Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, Porch, Deck, Patio - Enclosed, Fenced Yard, Garden

Patio & Porch: Porch, Deck, Patio - Enclosed

Fencing: Security, Fenced

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features: On Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

357 Medford St # 3, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Office Fiv Realty Co.

Office Phone 781-365-1984

Agent MLS ID CN213527

Office MLS ID AN8571

Listing Data Updated Dec 13, 2024 3:28 PM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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