BMN Boston

Get our mobile app!

Download on the App Store
(617) 955-2224
Preview 1 Preview 2 Preview 3 Preview 4 Preview 5 Preview 6 Preview 7 Preview 8 Preview 9 Preview 10 Preview 11 Preview 12 Preview 13 Preview 14 Preview 15 Preview 16 Preview 17 Preview 18 Preview 19 Preview 20 Preview 21 Preview 22 Preview 23 Preview 24
Preview 1 Preview 2 Preview 3 Preview 4 Preview 5 Preview 6 Preview 7 Preview 8 Preview 9 Preview 10 Preview 11 Preview 12 Preview 13 Preview 14 Preview 15 Preview 16 Preview 17 Preview 18 Preview 19 Preview 20 Preview 21 Preview 22 Preview 23 Preview 24

496 Medford Street, Somerville MA 02145

Somerville, MA 02145
$889,000
Est. $5,421/month
2
Beds
1.5
Baths
1,244
Sq Ft
$715
Price/Sq Ft
0.05
Acres
1920
Year Built
Single Family Residence
Type
168
Days on Market
Active Price Drop -$261,000 Listed Sep 26, 2025 • MLS# 73436389 Copied!

About this home

Huge Price Improvement! Live in the heart of vibrant Magoun Square, just moments from the Green Line Extension. This 2,240 SF lot offers a rare opportunity to create a stunning single-family home in one of Somerville’s most desirable, transit-oriented neighborhoods. Design a spacious urban residence with multiple levels, private outdoor space, and easy access to shops, restaurants, parks, and public transportation. The generous lot allows for flexible, light-filled layouts ideal for entertaining, working from home, or multi-generational living. Located in an MR-4 zoned district with a Pedestrian Street Overlay, allowing up to four stories, offering valuable long-term flexibility (buyer to do due diligence). A unique chance to build your dream home while securing future potential.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,244 sq ft
Total Rooms
5

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1920
Living Area 1,244 sq ft
Lot Size 0.05 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

Construction None
Architecture Other (see Remarks)
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,708
Assessed Value $798,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Style: Other (See Remarks)
Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Other

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Special Features

View: Yes
View Type: City View(s)
Community Amenities: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School, T-Station

Location

Loading map...

Neighborhood

496 Medford Street, Somerville MA 02145

Somerville, MA 02145

Walkability

Loading Walk Score...

Nearby Schools

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+
Arthur D Healey School
0.4 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.7 mi
Grades PK-08
A
John F Kennedy School
0.8 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
C-
Winter Hill Community School
1.0 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.1 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.2 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
A+
Benjamin G Brown School
0.6 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.1 mi
Grades PK-K
Capuano Early Childhood Center
1.2 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

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

High Schools

2 schools
F
Full Circle High School
0.7 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.7 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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 $726
Homeowners Insurance $200
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
Price Changes
22.7%
Price Range

Property Timeline

↓
Price Reduced
Feb 24, 2026
$889,000 $261,000 (-22.7%)
From $1,150,000 to $889,000 (-22.7%)
🏠
Listed for Sale
Sep 26, 2025
$1,150,000
Original listing
Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Feb 24, 2026 Price Changed $889,000 -$261,000
Sep 26, 2025 New Listing Added $1,150,000 —

Market Statistics

Days on Market
168 days
Price per Sq Ft
$715
Total Price Drop
-$261,000

Tax History

Year Taxes Assessment
2025 $8,708 $798,200

Financial Details

Annual Property Tax
$8,708
Tax Year 2025
Assessed Value
$798,200

Listing Information

Listing Agent Abhinay Patel
Listing Office Lamacchia Realty, Inc.
Agent MLS ID CN247749
Office MLS ID AN5825
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

496 Medford Street, Somerville MA 02145 - Photo 1 496 Medford Street, Somerville MA 02145 - Photo 2 496 Medford Street, Somerville MA 02145 - Photo 3 496 Medford Street, Somerville MA 02145 - Photo 4 496 Medford Street, Somerville MA 02145 - Photo 5 496 Medford Street, Somerville MA 02145 - Photo 6 496 Medford Street, Somerville MA 02145 - Photo 7 496 Medford Street, Somerville MA 02145 - Photo 8 496 Medford Street, Somerville MA 02145 - Photo 9 496 Medford Street, Somerville MA 02145 - Photo 10 496 Medford Street, Somerville MA 02145 - Photo 11 496 Medford Street, Somerville MA 02145 - Photo 12 496 Medford Street, Somerville MA 02145 - Photo 13 496 Medford Street, Somerville MA 02145 - Photo 14 496 Medford Street, Somerville MA 02145 - Photo 15 496 Medford Street, Somerville MA 02145 - Photo 16 496 Medford Street, Somerville MA 02145 - Photo 17 496 Medford Street, Somerville MA 02145 - Photo 18 496 Medford Street, Somerville MA 02145 - Photo 19 496 Medford Street, Somerville MA 02145 - Photo 20 496 Medford Street, Somerville MA 02145 - Photo 21 496 Medford Street, Somerville MA 02145 - Photo 22 496 Medford Street, Somerville MA 02145 - Photo 23 496 Medford Street, Somerville MA 02145 - Photo 24
Steven Novak

Steven Novak

BMN Boston Real Estate

Schedule a Tour