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466 Medford St # 3, Somerville MA 02145

Somerville, MA 02145
$985,000
Est. $6,031/month
3
Beds
2
Baths
1,245
Sq Ft
$791
Price/Sq Ft
1920
Year Built
12
Days on Market
Closed Listed Sep 25, 2024 • MLS# 73293184 Copied!

About this home

Discover this bright and spacious 3-bedroom, 2-bathroom corner-lot condo in the vibrant Magoun Square neighborhood of Somerville. With high ceilings and a thoughtful layout, this home feels open and inviting. The living area seamlessly flows into a modern kitchen featuring quartz countertops, stainless steel appliances, and a generous center island—perfect for gatherings. Retreat to the expansive primary suite, complete with a full bathroom and private sliders leading to a rear deck. Additional highlights include a charming front porch, hardwood floors, central air conditioning, one off-street parking space, and extra storage. Enjoy a prime location just steps from local favorites like Sarma, Winter Hill Brewing Company, and Olde Magoun's Saloon, and 0.4 miles from the Magoun Square T stop and the Somerville Community Path for easy access to Davis Square. Don’t miss this gem!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
2
Living Area
1,245 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $949,000
Final Sale Price: $985,000
Difference: +$36,000 (+3.8%)
Performance Metrics
103.8%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $762
Sale $/sq ft: $791
This property sold for $791 per square foot
Sale Summary

This property sold for 3.8% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 23 similar properties sold within 0.5 miles in the last 90 days

This Property
$791/sq ft
Area Average
$563/sq ft
Difference
+40.4%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,245 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas, Hydro Air
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Deck - Composite
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Composite

Parking

Features Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $8,209
Assessed Value $780,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Broadband
Windows: Insulated Windows
Basement: N
Laundry: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2018
Structure Type: Low-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Hydro Air
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded

Location

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Neighborhood

466 Medford St # 3, Somerville MA 02145

Somerville, MA 02145

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $684
Homeowners Insurance $200
HOA Fee $166/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

3.7%
Price Range
13
Total Days on Market

Property Timeline

Sold
Oct 31, 2024
$985,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Sep 25, 2024
$949,000
Original listing
Agent: Taylor Yates Office: Coldwell Banker Realty - Weston

Price & Status History

Date Event Price Change
Sep 25, 2024 New Listing Added $949,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$791

Tax History

Year Taxes Assessment
2024 $8,209 $780,300

Financial Details

Annual Property Tax
$8,209
Tax Year 2024
HOA Fee
$166
Monthly
Assessed Value
$780,300

Listing Information

Listing Office Coldwell Banker Realty - Weston
Agent MLS ID CN228950
Office MLS ID AN6231
Listing Data Updated Nov 5, 2024 10:23 PM EST
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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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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