8 Fairview Terrace # 1, Somerville MA 02145

Somerville, MA 02145
$775,000
Est. $4,125/month
2
Beds
2
Baths
1,017
Sq Ft
$762
Price/Sq Ft
1915
Year Built
Condominium
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73363310

About this home

Turnkey Winter Hill two bedroom, two bath condo with abundant charm and natural light. Flexible floor plan has two entrances, hardwood floor mudroom, a complete separation of two spacious bedrooms, updated bathrooms, hardwood floors, and in-unit laundry. Living room and front bedroom have southern exposure, staying bright and sunny throughout the day. Well-appointed, yet cozy eat-in kitchen features stainless steel appliances, granite countertops, gas range for cooking, and ample cabinets. Central AC by Nest thermostat, Smart locks for keyless entry, private basement storage and TWO deeded parking spaces right outside and next to a large common patio for grilling and entertaining. Storage shed is common to the building. This is a move-in ready package. Prime Somerville location provides plentiful shopping and dining options, as well as convenient commuter access to I-93, Rt 28 and the Gilman Square green line. Additional proximity to Assembly Row, Union Sq, Foss Park and so much more.

Sale Statistics

Sale Overview
Original List Price: $740,000
Final Sale Price: $775,000
Difference: +$35,000 (+4.7%)
Performance Metrics
104.7%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $728
Sale $/sq ft: $762
This property sold for $762 per square foot
Sale Summary

This property sold for 4.7% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1915
Bedrooms
2
Full Bathrooms
2
Living Area
1,017 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Wood
Heating
Central, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Laundry Features
In Unit
Basement Details
Y
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Patio, Storage
Patio/Porch Features
Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park
HOA Fee
$259
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,077
Tax Year
2025
Tax Assessed Value
$648,700
Parcel Number
4997595
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Taxes shown do not include owner occupied exemption. One parking space is rented for $150 per month. Second bedroom photos are virtually staged

Location

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Neighborhood

8 Fairview Terrace # 1, Somerville MA 02145

Somerville, MA 02145

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $590
Homeowners Insurance $200
HOA Fee $259
PMI $0

Property History

Market Insights

4.5%
Price Range
7
Total Days on Market

Property Timeline

Sold
Jun 10, 2025
$775,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Apr 23, 2025
$740,000
Original listing
Agent: Borislav Kusturic Office: Coldwell Banker Realty - Cambridge

Price & Status History

Date Event Price Change
Apr 23, 2025 New Listing Added $740,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$762

Tax History

Year Taxes Assessment
2025 $7,077 $648,700

Financial Details

Annual Property Tax
$7,077
Tax Year 2025
HOA Fee
$259
Monthly
Assessed Value
$648,700

Listing Information

Listing Agent Borislav Kusturic
Listing Office Coldwell Banker Realty - Cambridge
Agent MLS ID CN220050
Office MLS ID AN6200

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