245 Beacon # 2, Somerville MA 02143

Somerville, MA 02143
$765,000
1
Beds
1
Baths
942
Sq Ft
$812
Price/Sq Ft
1894
Year Built
1
Parking
5
Days on Market
Sold Listed Feb 12, 2025 • MLS# 73334726 Copied! • Updated Mar 22, 2025

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Sale Statistics

Sale Overview
Original List Price: $729,000
Final Sale Price: $765,000
Difference: +$36,000 (+4.9%)
Performance Metrics
104.9%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $774
Sale $/sq ft: $812
This property sold for $812 per square foot
Sale Summary

This property sold for 4.9% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 49 similar properties sold within 0.5 miles in the last 90 days

This Property
$812/sq ft
Area Median
$498/sq ft
Difference
+63.0%

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

About this home

Experience a serene retreat, from the moment you pull into your parking spot of this 1+ bedroom condo, located in the historic Durrell School Building. With its private entry and spacious, secluded patio, this garden-level unit offers a peaceful escape while being conveniently close to the vibrant Porter, Harvard, Inman, and Union Squares. The open and bright floor plan features a gourmet kitchen, perfect for any home chef, complete with a subway tile backsplash, maple cabinetry, stainless steel appliances, and a granite peninsula. Enjoy meals in the separate, sunlit dining nook. Refreshed and move-in-ready condo includes a bonus room ideal for an office or additional bedroom, new in-unit washer/dryer, air conditioning, and hardwood floors. Benefit from the convenience and privacy of the deeded parking spot adjacent to your private patio and entry.

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Recently Sold Nearby

Property History

Market Insights

4.7%
Price Range
6
Total Days on Market

Property Timeline

Sold
Mar 21, 2025
$765,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Feb 12, 2025
$729,000
Original listing
Agent: g2Team Office: Compass

Tax History

Year Taxes Assessment
2025 $8,253 $756,500

Financial Details

Annual Property Tax
$8,253
Tax Year 2025
HOA Fee
$499
Monthly
Assessed Value
$756,500

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1894
Living Area 942 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features Study

Exterior

Construction Brick
Architecture None
Roof Slate
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio
Features Off Street, Assigned, Deeded, Guest, Paved
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $8,253
Assessed Value $756,500

HOA & Community

HOA Fee $499 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities None
Optional Fee Includes None
Owner-Occupied Units 5
Seller Disclosures Taxes Listed Are Without Residential Exemption, With Exemption Would Be ~$3, 930 Annually
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 2
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans (4)
County Middlesex
Total market time (incl. prior listings) 6 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1894
Bedrooms
1
Full Bathrooms
1
Living Area
942 sq ft
Total Rooms
4
Stories
1

Floor Layout

Interior Features

Flooring: Wood, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Study
Windows: Insulated Windows
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1894
Effective Year (Renovated): 2006
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Deeded, Guest, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

245 Beacon # 2, Somerville MA 02143

Somerville, MA 02143

Listing Information

Listing Agent g2Team
Listing Office Compass
Office Phone 617-303-0067
Agent MLS ID TM333996
Office MLS ID AN2606
Listing Data Updated Mar 22, 2025 7:51 PM 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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