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Sold on 02/10/2024

502 Somerville Ave, Somerville, MA 02143

$1,385,000

Last sold 02/10/2024 for $1.6M

  • 5

    bed

  • 3

    bath

  • 3,074

    Sqft ($520/Sqft)

Multi-family not for sale
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About 502 Somerville Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 3,239 Sqft
Movoto estimate
Rental estimate
Property description
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
Listed by
Listing Agent - Michael Tammaro
Listing Office - Related Beal Sales, LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#73200869 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 6 minutes ago
Overview
Heating Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas), Unit 3(Hot Water Baseboard, Gas)
Levels/Style 4
MLS # 73200869
Type Residential Income
Status Closed
SubType 3 Family
SqFt 3074
Lot Size (SqFt) 3239
Lot Size (Acres) 0.07
Annual Property Tax 14200
Year Built 1900
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 5
Basement Full, Interior Entry, Dirt Floor, Unfinished
Total # of Rooms 13
Laundry Washer Hookup
Flooring Vinyl, Carpet, Hardwood
Appliances Unit 1(Range, Refrigerator), Unit 2(Range), Unit 3(Range, Refrigerator), Utility Connections For Gas Range, Utility Connections For Electric Dryer
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen, Office/Den)
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Off Street, Tandem, Unpaved
# Parking Spaces 2
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Electric Dryer, Washer Hookup
Electricity Circuit Breakers, Individually Metered
Water Source Public
Location
County Middlesex
Community Features Public Transportation, Shopping, Highway Access, Sidewalks
Zoning MR4
APN 53A7, 755616
Directions Somerville Avenue, Corner Of Properzi Way.
Multifamily Details
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Paved
$1.38M
Range: $1.14M-$1.62M
Last 30 days 
Rental est.: $5,232/month
Gross rent multiplier: 25.5
  • Mar 2024
    mls logo MLS # 73200869
  • Mar 4, 2024 Sold
    $1,600,000 (+7.0%)
  • Feb 8, 2024 Listed
    $1,495,000
  • Year Property taxes Tax assessment
  • 2025
    $15,104 +6.4%
    $1,384,400 +2.56%
  • 2024
    $14,200 +2.3%
    $1,349,800 +0.51%
  • 2023
    $13,886 +4.8%
    $1,342,900 +3.22%
  • 2022
    $13,244 +8.2%
    $1,301,000 +8.27%
  • 2021
    $12,244 +6.8%
    $1,201,600 +5.77%
  • 2020
    $11,463 +9.6%
    $1,136,100 +16.86%
  • 2019
    $10,461 +9.3%
    $972,200 +14.9%
  • 2018
    $9,569 +3.2%
    $846,100 +6.44%
  • 2017
    $9,276 -3.2%
    $794,900
  • 2016
    $9,580
    —
  • 502 Somerville Ave
    $1.6M
  • Ward Two
    $1.08M +38% y/y
  • 02143
    $998K -18% y/y
  • Somerville
    $949K +5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Somerville High School
public Grades 9-12
Somerville School District
Source: GreatSchools.org © 2026. All rights reserved.

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