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71 Bow # 305, Somerville MA 02143

Somerville, MA 02143 • Union Square
$840,000
Est. $88,366/month
2
Beds
1
Baths
998
Sq Ft
$842
Price/Sq Ft
2024
Year Built
192
Days on Market
Closed Listed Jul 22, 2024 • MLS# 73267979 Copied!

About this home

Somerville Union Square 3rd floor corner 2 bedroom in brand new building with elevator, HUGE common roof deck, bike parking, chic lobby and mail room! This lovely, spacious 2 bedroom has a large entryway with coat closet. Lots of cabinets and counter space in the chef's dream kitchen with massive center island, Induction cooktop and stainless appliances/Krion counters. Light and bright with high ceilings and beautiful triple pane windows - plus 2 exposures. Tranquil large living room with space for dining. 2 generous bedrooms and good closet space and a serene bathroom with Porcelanosa tiles and Grohe fixtures. Central air, laundry in unit and ERV system for constant fresh air throughout your home. All in the heart of Union Square with easy access to the T, Bow Market, restaurants and all Somerville has to offer!

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Public Records

Current Owner

Owner BOW STREET UNION SQUARE LLC
Mailing Address 7 MORRISON ROAD WEST, WAKEFIELD, MA, 01880

Land Use

Use Code 0112
Description N/A
Zoning MR5
Style Mid Rise Apartments

Tax Information

Assessed Value $12,195,800

Assessment History

Year Land Building Total Change
FY2025 $1,500,000 $10,695,800 $12,195,800

Sale History

Date Price Book/Page
Jun 27, 2019 $3,000,000 72841/0062

Building Permit History

Issued Type / Work Status Value
Nov 14, 2024 Certificate of Occupancy
Residential
Certificate of Occupancy for New Construction - 24 Residential Units
#14345842
Open $3,120
Feb 14, 2024 Electrical Permit
Commercial
Installation of 86 roof mounted solar modules (33.06kW)
By William N Levay
#14076198
Closed $470
Feb 12, 2024 Building Permit
Residential Other
Installation of 86 roof mounted solar modules (33.06kW) B23-002177
By Samuel Pillsbury
#14076135
Closed $4,493
Dec 18, 2022 Electrical Permit
Commercial
hvac control wiring
By Mike Covel
#11169372
Closed $120
Jan 23, 2022 Plumbing Permit
Residential - New
New multi residential
#8313516
Closed $2,720
Nov 16, 2021 Electrical Permit
Commercial
200 amp overhead temp service
By MIKE COVEL
#9464505
Closed $160
Jun 16, 2021 Sheet Metal Permit
Commercial
Installation of new HVAC infrastructure
By Clarina Marius
#8250723
Open $1,007
Apr 28, 2021 Electrical Permit
Commercial
new 24 unit building
By MIKE COVEL
#8177636
Closed $9,166
Oct 28, 2020 Building Permit
Commercial New Construction
ZBA 2019-52 The work is the construction of a 5 story, 24 residential unit building with a commercial first floor. The building will…
By Andrew Collins
#6761620
Closed $156,137
Jul 7, 2020 Demolition Permit
Commercial Structures
The work consists of the demolition of the main garage building and the demolition of the rear garage bays, removal of all foundations,…
By Andrew Collins
#6761543
Open $1,500
Data: City of Somerville Open Data (data.somervillema.gov)

Municipal Context: SOMERVILLE

Match: address_condo (90.0% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2024
Bedrooms
2
Full Bathrooms
1
Living Area
998 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $949,000
Final Sale Price: $840,000
Difference: $109,000 (-11.5%)
Performance Metrics
88.5%
List to Sale Ratio
Sold below asking price
192
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $951
Sale $/sq ft: $842
This property sold for $842 per square foot
Sale Summary

This property sold for 11.5% below the original asking price.

At 192 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 24 similar properties sold within 0.5 miles in the last 90 days

This Property
$842/sq ft
Area Average
$478/sq ft
Difference
+76.3%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2024
Living Area 998 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Heat Pump
Cooling Central Air
Flooring Tile, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

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

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $999,999
Assessed Value $999,999

Interior Features

Flooring: Tile, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 2024
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

Union Square

71 Bow # 305, 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 $83,333
Homeowners Insurance $200
HOA Fee $586/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

1.2%
Price Range
193
Total Days on Market

Property Timeline

Sold
Mar 6, 2025
$840,000
Property sold
Days on Market: 193
🏠
Listed for Sale
Jul 22, 2024
$849,900
Original listing
Agent: Charlesgate New Development Team Office: Charlesgate Realty Group, llc

Price & Status History

Date Event Price Change
Jul 22, 2024 New Listing Added $849,900

Market Statistics

Days on Market
192 days
Price per Sq Ft
$842

Tax History

Year Taxes Assessment
2024 $999,999 $999,999

Financial Details

Annual Property Tax
$999,999
Tax Year 2024
HOA Fee
$586
Monthly
Assessed Value
$999,999

Listing Information

Listing Agent Charlesgate New Development Team
Listing Office Charlesgate Realty Group, llc
Agent MLS ID TM359022
Office MLS ID NB1520
Listing Data Updated Mar 9, 2025 8:59 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

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