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101 Prospect Street # 2, Somerville MA 02143

Somerville, MA 02143
$790,000
Est. $4,980/month
2
Beds
1
Baths
1,000
Sq Ft
$790
Price/Sq Ft
0.06
Acres
1900
Year Built
8
Days on Market
Closed Listed Mar 25, 2026 • MLS# 73491567 Copied!

About this home

Set back from Prospect Street, this top-floor, 2bd + flex condo offers a rare blend of privacy and convenience near the heart of Inman Square. A warm and functional layout features high ceilings, abundant natural light, and hardwood floors. The living room flows seamlessly into an eat-in kitchen boasting granite countertops, honey oak cabinetry, stainless steel appliances & in-unit laundry. The primary bedroom offers 3 exposures & a walk-in closet finished with custom industrial pipe shelving, alongside a second bedroom with two closets and flex space, ideal for a home office or guest use. The updated, stylish bath includes hex tile flooring, subway tile surround, and a vanity with additional storage. The unit also has a shared rear patio for outdoor dining plus private basement storage. With a Walk Score® 94 – enjoy a unbeatable location near Cambridge Street favorites w/ easy access to Union Sq, Harvard Sq, Kendall Sq, MIT & public transportation.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,000 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $745,000
Final Sale Price: $790,000
Difference: +$45,000 (+6.0%)
Performance Metrics
106.0%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $745
Sale $/sq ft: $790
This property sold for $790 per square foot
Sale Summary

This property sold for 6.0% above the original asking price, indicating strong buyer demand.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 45 similar properties sold within 0.5 miles in the last 90 days

This Property
$790/sq ft
Area Average
$311/sq ft
Difference
+154.2%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,000 sq ft
Lot Size 0.06 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Second Floor, In Unit, Electric Dryer Hookup
Features Home Office

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features On Street

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer

Financial

Annual Tax $6,781
Assessed Value $617,600

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Home Office
Windows:
Basement: Y
Laundry: Second Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2011
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: None
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

Parking Features: On Street

Location

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Neighborhood

101 Prospect Street # 2, Somerville MA 02143

Somerville, MA 02143

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 $565
Homeowners Insurance $200
HOA Fee $220/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

28.2%
Price Range
1
Previous Sales

Property Timeline

📋
Status: Active under contract
Apr 1, 2026
Active → Active Under Contract
Pending Sale
Apr 1, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Mar 25, 2026
$745,000
Original listing
Agent: Currier, Lane & Young Office: Compass
Previous Transaction - MLS #72055387
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 21, 2016
$535,000
MLS #72055387

Price & Status History

Date Event Price Change
Apr 1, 2026 Status: Active under contract $0
Mar 25, 2026 New Listing Added $745,000
Sep 21, 2016 Sold $535,000

Market Statistics

Days on Market
8 days
Price per Sq Ft
$790

Tax History

Year Taxes Assessment
2026 $6,781 $617,600

Financial Details

Annual Property Tax
$6,781
Tax Year 2026
HOA Fee
$220
Monthly
Assessed Value
$617,600

Listing Information

Listing Agent Currier, Lane & Young
Listing Office Compass
Agent MLS ID TM331646
Office MLS ID AN2606
Listing Data Updated Apr 29, 2026 11:50 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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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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