357 Medford St # 3, Somerville MA 02145

Somerville, MA 02145
$482,000
2
Beds
1
Baths
1,198
Sq Ft
$402
Price/Sq Ft
1900
Year Built
33
Days on Market
Sold Listed Sep 18, 2024 • MLS# 73291524 Copied! • Updated Dec 13, 2024

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Sale Statistics

Sale Overview
Original List Price: $550,000
Final Sale Price: $482,000
Difference: $68,000 (-12.4%)
Performance Metrics
87.6%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $459
Sale $/sq ft: $402
This property sold for $402 per square foot
Sale Summary

This property sold for 12.4% below the original asking price.

The property spent 33 days on market before selling.

Nearby Sales Comparison

Based on 47 similar properties sold within 0.5 miles in the last 90 days

This Property
$402/sq ft
Area Median
$636/sq ft
Difference
36.8%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Discover your oasis up above Gilman Square. This two bedroom, one bath condo is the perfect getaway from the busy life down on the street. First you walk into a large foyer that leads to a private deck with sunlight all day long. The living room boasts a ceiling fan and hardwood floors, and leads to a flex space for an office, wet bar, or more storage. The large eat-in kitchen has stainless steel appliances, plenty of space to add an island, and has a full bathroom off of it with a tub. The two bedrooms are close in size, and both have large closets. Downstairs in back is a common use space for gardening, grilling, or letting your pup run around the fenced in yard. Laundry is shared in the basement. This location can't be beat: the green line extension is across the street, as is the Somerville Bike Path, and also close to McGrath Highway and 93 for a quick commute. Come make this your home today!

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Recently Sold Nearby

Property History

Market Insights

3.4%
Price Range
34
Total Days on Market

Property Timeline

✓
Sold
Dec 13, 2024
$482,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Sep 18, 2024
$499,000
Original listing
Agent: Dustin Roberts Office: Fiv Realty Co.

Tax History

Year Taxes Assessment
2024 $5,981 $568,500

Financial Details

Annual Property Tax
$5,981
Tax Year 2024
HOA Fee
$200
Monthly
Assessed Value
$568,500

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,198 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Electric
Cooling Window Unit(s)
Flooring Wood, Flooring - Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry Common Area
Features Lighting - Pendant, Entrance Foyer

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony / Deck, Porch, Deck, Patio - Enclosed, Fenced Yard, Garden
Pool None
Spa None
Fencing Security, Fenced
Patio/Porch Porch, Deck, Patio - Enclosed
Features On Street
Electric Circuit Breakers, 60 Amps/less, Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $5,981
Assessed Value $568,500

HOA & Community

HOA Fee $200 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Laundry
Optional Fee Includes None
Owner-Occupied Units 1
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 3
Sq Ft Source Unit Floor Plan
Sq Ft Disclosures Buyer and Buyers Agent to do all due diligence. Unit floor plan from conversion.
Documents Master Deed, Unit Deed, Master Plan, Floor Plans, Association Financial Statements, Certificate Of Insurance (6)
County Middlesex
Total market time (incl. prior listings) 34 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,198 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Wood, Flooring - Hardwood
Appliances: Range, Refrigerator
Interior Features: Lighting - Pendant, Entrance Foyer
Windows:
Basement: Y
Laundry: Common Area
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2015
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, Porch, Deck, Patio - Enclosed, Fenced Yard, Garden
Patio & Porch: Porch, Deck, Patio - Enclosed
Fencing: Security, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: On Street
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
C-
Winter Hill Community School
0.5 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
0.5 mi | #244 of 352 | Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students Diverse
Grades PK-08
C+
Arthur D Healey School
0.6 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
St. Theresa of the Child Jesus School
0.6 mi
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.7 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
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
Capuano Early Childhood Center
0.7 mi
240 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.1 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
Tufts Educational Day Care Center
1.6 mi
Grades PK-K
M

Middle Schools

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

High Schools

2 schools
F
Full Circle High School
0.2 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
0.2 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
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Location

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Neighborhood

357 Medford St # 3, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Office Fiv Realty Co.
Office Phone 781-365-1984
Agent MLS ID CN213527
Office MLS ID AN8571
Listing Data Updated Dec 13, 2024 3:28 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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