Calling all developers and Investors! Opportunity knocks to buy a rare vacant lot in Somerville. The possibilities for future use are endless. Zoning may allow multiple units and any building can be 3 stories tall. Check out one of the hottest east somerville neighborhoods a stones throw form the new green line T stop! You can get anywhere from here without a car! Condos in this immediate area are selling for top dollar! don't miss out invest today in the future! 2 separate lots of record are included in the sale.
Sold for $500,000
$500,000
38 Franklin Ave, Somerville, MA 02145
--beds
0baths
2,178Square Feet
Residential
Built in ----
2,178 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Rare vacant lot
Zillow last checked:
Listing updated:
Listed by:
Dana Ford 603-731-7228,
LAER Realty Partners 603-685-4495,
Dana Ford 603-731-7228
Bought with:
Tiago Specke
Coldwell Banker Realty - Andovers/Readings Regional
Source: MLS PIN,MLS#: 73434703
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has basement: No
Property
Features
- Fencing: Fenced
Lot
- Size: 2,178 Square Feet
- Features: Level, Sidewalks
Details
- Parcel number: 761215
- Zoning: NR
Utilities & green energy
- Electric: At Street
- Gas: At Street
- Sewer: Public Sewer, At Street
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University
HOA
- Has HOA: No
Location
- Region: Somerville
Financial & listing details
- Tax assessed value: $177,900
- Annual tax amount: $1,941
- Date on market: 8/12/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $500,000 |
Source: MLS PIN #73434703 Report a problem | ||
| 10/27/2025 | Contingent | $500,000 |
Source: MLS PIN #73434703 Report a problem | ||
| 10/13/2025 | Price change | $500,000-16.7% |
Source: MLS PIN #73434703 Report a problem | ||
| 9/24/2025 | Listed for sale | $600,000 |
Source: MLS PIN #73434703 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,941 +3.7% | $177,900 |
| 2024 | $1,872 +1.8% | $177,900 |
| 2023 | $1,839 +6.7% | $177,900 +5% |
| 2022 | $1,724 +1.2% | $169,400 +1.4% |
| 2021 | $1,703 +5.1% | $167,100 +4% |
| 2020 | $1,621 +13% | $160,700 +20.6% |
| 2019 | $1,434 +18.9% | $133,300 +25% |
| 2018 | $1,206 +2.8% | $106,600 +6.1% |
| 2017 | $1,173 +32.5% | $100,500 +42.4% |
| 2016 | $885 | $70,600 |
Find assessor info on the county website
Neighborhood: East Somerville
Nearby homes
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Nearby schools
GreatSchools rating
- NACapuano Early Childhood CenterGrades: PK-KDistance: 0.1 mi
- 4/10East Somerville Community SchoolGrades: PK-8Distance: 0.2 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.6 mi
- Massachusetts
- Middlesex County
- Somerville
- 02145
- East Somerville
- 38 Franklin Ave
