23 Packard Ave, Somerville MA 02144

Somerville, MA 02144 • Tufts University
$1,700,000
8
Beds
4
Baths
3,329
Sq Ft
$511
Price/Sq Ft
0.08
Acres
1886
Year Built
3
Parking
5
Days on Market
Sold Listed Apr 2, 2024 • MLS# 73218695 Copied! • Updated Jun 26, 2024

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $1,599,900
Final Sale Price: $1,700,000
Difference: +$100,100 (+6.3%)
Performance Metrics
106.3%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $481
Sale $/sq ft: $511
This property sold for $511 per square foot
Sale Summary

This property sold for 6.3% 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 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$511/sq ft
Area Median
$470/sq ft
Difference
+8.7%

This property sold slightly above the area median for similar homes.

About this home

23 Packard Avenue is a significant gambrel-style two-family home, prominently positioned near Tufts University, Teele Square, and Davis Square. With a strong history of great tenants, this property has been a reliable source of income. Inside, you'll find charming natural woodwork, ornate details, and stained-glass windows on the first floor, complemented by high ceilings and hardwood floors throughout. Unit 1 offers a Philadelphia-style layout with 4 beds and 2 baths, while Unit 2 spans the 2nd and 3rd floors and features 4 bedrooms, potential for a 5th bedroom, and two baths. Both units offer front and back porches, as well as eat-in kitchens with dishwashers. The basement features impressively tall ceilings. The property also includes forced air systems with the potential to add central air conditioning, a spacious backyard, and parking for up to 3 cars. Updates include vinyl siding, composite decking, and a newer roof (5-7 years). See group showing times.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

8.6%
Price Range
7
Total Days on Market

Property Timeline

Current Active Listing - MLS #73584940
Full transaction history available when tracking began
🏡
Currently Listed
Oct 1, 2026
$1,750,000
MLS #73584940 - Active
✓
Sold
Jun 26, 2024
$1,700,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Apr 2, 2024
$1,599,900
Original listing
Agent: Katherine Malin Office: Compass

Tax History

Year Taxes Assessment
2024 $14,223 $1,352,000

Financial Details

Annual Property Tax
$14,223
Tax Year 2024
Assessed Value
$1,352,000

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1886
Living Area 3,329 sq ft
Lot Size 0.08 acres
Bedrooms 8
Full Baths 4
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent $4,300/mo · Y
Unit 2 Rent $4,900/mo · Y
Total Monthly Rent $9,200/mo
Gross Income $110,400
Net Operating Income $110,400
Cap Rate 6.90%
Heating None
Cooling None
Flooring Wood, Tile, Hardwood
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features Living Room, Kitchen, Dining Room, Office/den
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite
Features Paved Drive, Off Street, Tandem, Paved
Total Spaces 3
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $14,223
Assessed Value $1,352,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Unit 1 Rented Until 8/31/2024 At $4300unit 2 Rented Through 8/31/2024 At $4900 (used As 4 Beds, Could Be 5 Beds Plus An Office).
Exclusions Tenant Belongings
Possession None
Accepted Financing None
Structure Type []
House Color Tan
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
Sold
Year Built
1886
Bedrooms
8
Full Bathrooms
4
Living Area
3,329 sq ft
Total Rooms
14
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances:
Interior Features: Living Room, Kitchen, Dining Room, Office/Den
Windows: Insulated Windows
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1886
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Tandem, Paved
School District
Somerville School District local
B-
✓ School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
↓ 3.0% below state avg
E

Elementary Schools

9 schools
A
John F Kennedy School
1.0 mi | #49 of 352 | Score: 57.2
Improved 6 spots from last year
-1 below state avg
474 students Diverse
Grades PK-08
St. Theresa of the Child Jesus School
1.4 mi
Grades PK-08
C+
Arthur D Healey School
1.5 mi | #237 of 352 | Score: 37.4
Improved 26 spots from last year
-20.8 below state avg
461 students Diverse
Rising School Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
2.1 mi | #137 of 352 | Score: 45.4
Improved 37 spots from last year
-12.8 below state avg
548 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
2.2 mi | #291 of 352 | Score: 32.3
Dropped 19 spots from last year
-25.9 below state avg
361 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
2.2 mi | #244 of 352 | Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students Diverse
Grades PK-08
Tufts Educational Day Care Center
0.2 mi
Grades PK-K
A+
Benjamin G Brown School
0.7 mi | #82 of 825 | Score: 60.2
Dropped 65 spots from last year
+2 above state avg
230 students Diverse
Strong Attendance
Grades K-05
Capuano Early Childhood Center
2.4 mi
240 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
1.8 mi
11 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
1.8 mi | #334 of 346 | Score: 23.6
Improved 32 spots from last year
-34.6 below state avg
60 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
1.8 mi | #125 of 346 | Score: 58.3
Improved 117 spots from last year
+0.1 above state avg
1,367 students Diverse
17 sports • 1,566 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
Learn about these ratings

Location

Loading map...

Neighborhood

Tufts University

23 Packard Ave, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Agent Katherine Malin
Listing Office Compass
Office Phone 617-303-0067
Agent MLS ID CT006899
Office MLS ID AN2606
Listing Data Updated Jun 26, 2024 9:48 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

Loading market insights for Somerville.