Sold for $1,600,000

$1,600,000

502 Somerville Ave, Somerville, MA 02143

5beds

3,074sqft

3 Family

Built in 1900

-- sqft lot

$1,948,600 Zestimate^®

$520/sqft

$5,599 Estimated rent

Home value

$1,948,600

$1.68M - $2.26M

$5,599/mo

Zestimate^® history

Owner options

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$5,599/mo

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$5,599/mo

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$10,008/mo

Est. payment

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$10,008/mo

Est. payment

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What's special

Convenient location to shoppingMix of vinylHuge open atticRe - builtPublic transportationSeparate electricityNice corner lot

SUNDAY OPEN HOUSE CANCELLED-OFFER ACCEPTED. Wonderful Somerville three-family home in convenient location & situated on a nice corner lot. The 1st floor features 2 separate units--1-bed unit at the front & a 2-bed unit at the rear. The entire 2nd floor comprises a large 2-bed unit with dining room and study. Walk-up access from the 2nd floor unit to a huge open attic provides potential to finish for more living area. All units have separate electricity, gas, heat and hot water & feature spacious oak cabinet eat-in kitchens with laminate counters. High ceilings throughout with mix of vinyl, hardwood & wall-to-wall carpeting. Due to fire damage in 2005, home was substantially re-built at that time, including new attic/roof, windows, siding, kitchens, baths, electrical/plumbing/sprinkler/alarm systems & boilers. Convenient location to shopping, public transportation & highways. No leases/rents on any of the units & will be delivered vacant, so a new owner has control of rents & occupancy

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Natural Gas

Appliances

Included: Range, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Living Room, Kitchen, Dining Room, Office/Den
Flooring: Vinyl, Carpet, Hardwood
Basement: Full,Interior Entry,Dirt Floor,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,074
Total interior livable area: 3,074 sqft

Property

Parking

Total spaces: 2
Parking features: Off Street, Tandem, Unpaved
Uncovered spaces: 2

Lot

Size: 3,239 sqft
Features: Corner Lot

Details

Parcel number: 53A7,755616
Zoning: MR4

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Highway Access, Sidewalks

Location

Region: Somerville

HOA & financial

Other financial information

Total actual rent: 0

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
3/4/2024	Sold	$1,600,000+7%$520/sqft
Source: MLS PIN #73200869 Report a problem
2/8/2024	Listed for sale	$1,495,000$486/sqft
Source: MLS PIN #73200869 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,104 +6.4%	$1,384,400 +2.6%
2024	$14,200 +2.3%	$1,349,800 +0.5%
2023	$13,886 +4.8%	$1,342,900 +3.2%
2022	$13,244 +8.2%	$1,301,000 +8.3%
2021	$12,244 +6.8%	$1,201,600 +5.8%
2020	$11,463 +9.6%	$1,136,100 +16.9%
2019	$10,461 +9.3%	$972,200 +14.9%
2018	$9,569 +3.2%	$846,100 +6.4%
2017	$9,276 -3.2%	$794,900 +4%
2016	$9,580	$764,600