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Sold for $1,570,000
  • $1,570,000

    157 Elm St, Somerville, MA 02144

    6beds
    2,719sqft
    3 Family
    Built in 1920
    -- sqft lot
    $1,543,900 Zestimate®
    $577/sqft
    $2,845 Estimated rent

    Home value

    $1,543,900

    $1.47M - $1.64M

    $2,845/mo

    Zestimate® history
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    What's special

    Corner three-family propertyDesirable southern exposureAbundant parkingThree spacious bedrooms
    Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building's desirable southern exposure and numerous windows fill each unit with sunlight throughout the day. A partially finished basement with generous ceiling height presents additional possibilities for expansion or future improvements. Ideally located just a five-minute walk to Porter Square Station, Star Market, and the vibrant restaurants, cafés, and shops of both Porter and Davis Squares. A unique opportunity in one of Somerville's most sought-after neighborhood. Offers are due on Tuesday June 30th at 12pm

    Zillow last checked:

    Listing updated:

    Listed by:

    Iliyan Padinkov 617-678-6400,

    Coldwell Banker Realty - Boston 617-266-4430

    Bought with:

    The Goodrich Team

    Compass

    Source: MLS PIN,MLS#: 73540783

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,719
    • Total interior livable area: 2,719 sqft
    • Finished area above ground: 2,719

    Property

    Parking
    • Total spaces: 4
    • Uncovered spaces: 4
    Features
    • Patio & porch: Enclosed, Patio
    Lot
    • Size: 4,155 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 750557
    • Zoning: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Foundation: Granite
    • Roof: Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, Public School, T-Station
    Location
    • Region: Somerville

    Financial & listing details

    • Price per square foot: $577/sqft
    • Tax assessed value: $1,563,200
    • Annual tax amount: $17,164
    • Date on market: 9/18/2026
    • Total actual rent: 2000

    Price history

    DateEventPrice
    10/9/2026Sold$1,570,000-7.4%$577/sqft
    Source: MLS PIN #73540783 Report a problem
    7/15/2026Pending sale$1,695,000$623/sqft
    Source: MLS PIN #73540783 Report a problem
    7/2/2026Contingent$1,695,000$623/sqft
    Source: MLS PIN #73540783 Report a problem
    6/24/2026Listed for sale$1,695,000$623/sqft
    Source: MLS PIN #73540783 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,940 +5.5%$1,461,000 +1.8%
    2024$15,105 +2.1%$1,435,800 +0.4%
    2023$14,793 +5.4%$1,430,700 +3.8%
    2022$14,035 +4.4%$1,378,700 +4.5%
    2021$13,447 +8.2%$1,319,600 +7.1%
    2020$12,429 +0.5%$1,231,800 +7.2%
    2019$12,369 +7.5%$1,149,500 +13%
    2018$11,508 +1.8%$1,017,500 +5.1%
    2017$11,301 +2.4%$968,400 +9.9%
    2016$11,040 $881,100
    Find assessor info on the county website

    Neighborhood: Spring Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,543,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,543,900