NOT LISTED FOR SALE

379 Somerville Ave Somerville, MA 02143

Prospect Hill Neighborhood

Estimated Value: $2,434,256

15 Beds
12 Baths
13,628 Sq Ft
$179/Sq Ft Est. Value

About This Home

This newly constructed mixed-use asset located at 379 Somerville Ave in the heart of Somerville’s Union Square neighborhood. The 5-story elevator building boasts over 13,000 square feet of space and features ten thoughtfully designed apartment units and one retail space. Its prime location, just steps from the MBTA Green Line, makes it highly accessible to nearby educational institutions like Harvard, MIT, and Tufts.Benefiting from the neighborhood’s rapid growth and increased foot traffic from US2’s 15 million SF, $2 billion development project, this propertypresents a unique blend of residential and commercial potential. With its modern design, prime location, and proximity to renowned educational institutions,this asset offers an attractive investment for those seeking to capitalize on the thriving Somerville market.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
379 Somerville Avenue Llc
Bought by
Thunder Rd 379 Somerville
Current Estimated Value
$2,434,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Outstanding Balance
$1,158,635
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2017
Sold by
Somerville Avenue Ret and Ortiz
Bought by
379 Somerville Avenue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thunder Rd 379 Somerville $1,750,000 None Available
Thunder Rd 379 Somerville $1,750,000 None Available
Thunder Rd 379 Somerville $1,750,000 None Available
379 Somerville Avenue $800,000 --
379 Somerville Avenue $800,000 --
379 Somerville Avenue $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thunder Rd 379 Somerville $1,312,500
Closed Thunder Rd 379 Somerville $1,312,500
Previous Owner 379 Somerville Avenue $800,000
Previous Owner 379 Somerville Avenue $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $6,700,000 -- $492 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $0 $3,550,900 $660,000 $2,890,900
2024 $0 $1,493,000 $780,000 $713,000
2023 $0 $780,200 $780,000 $200
2022 $15,723 $933,100 $449,700 $483,400
2021 $15,573 $933,100 $449,700 $483,400
2020 $15,228 $933,100 $449,700 $483,400
2019 $15,330 $884,600 $428,300 $456,300
2018 $15,861 $871,000 $428,300 $442,700
2017 $15,355 $816,300 $404,100 $412,200
2016 $15,827 $784,300 $374,700 $409,600
2015 $13,439 $659,400 $356,900 $302,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kendin Carr

    Kendin Carr

    (617) 678-0246

    4 Total Sales

    Kendin Carr
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Map

Massachusetts Middlesex County Somerville 02143 Prospect Hill

379 Somerville Ave, Somerville, MA

Not Listed for Sale

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