RENTED MAY 25, 2025

40 Medford St Unit 201 Somerville, MA 02143

Ward Two Neighborhood
2 Beds
1 Bath
1,148 Sq Ft
2.3 Acres

Last Sold May 23, 2018

Last sale price $781,000 $680 Per Sq Ft

Highlights

  • 99,999 Sq Ft lot
  • Property is near public transit
  • Intercom
  • Somerville High School Rated A-
  • Jogging Path
  • Cooling Available

About This Home

As of May 2025

Ideally located on the Cambridge/Somerville line, this spacious 2-bedroom condo offers modern comfort just minutes from Boynton Yards, Union Square Station, and Kendall Square. Built in 2018 and lovingly maintained by a single owner, the home features an open layout with 1,148 sq ft of thoughtfully designed living space. A contemporary kitchen with quartz countertops, GE Café appliances, and an island flows into the light-filled living and dining areas, perfect for the entertainer. Both bedrooms include custom closets, blackout privacy shades, and secure window locks, while the updated bath and full-size in-unit laundry add ease to daily living. Enjoy central A/C, a Nest thermostat, and tankless hot water. Custom floating storage in the main bedroom adds style and function. This professionally managed elevator building includes bike storage, guest parking, and one deeded off-street space. Close to shops, Target, and Star Market—come explore all that Somerville has to offer.

Last Agent to Rent the Property

George Horiatis

Gibson Sotheby's International Realty Listed on: 04/22/2025

Gibson Sotheby's International Realty

Last Renter's Agent

George Horiatis

Gibson Sotheby's International Realty Listed on: 04/22/2025

Gibson Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Lot Details

  • 2.3

Parking

  • 1 Car Parking Space

Home Design

  • 1,148 Sq Ft Home

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $4,200
  • Property Available on 6/20/25
  • Rent includes water, sewer, snow removal, laundry facilities, parking
  • 12 Month Lease Term

Community Details

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Property has a Home Owners Association
  • Shops

Condo Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2025-06-20
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4200

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2017
  • Entry Level: 2
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Above Grade Finished Sq Ft: 1148
  • Living Area: 1148
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 3.48
  • PRICE PER Sq Ft: 3.48
  • MAIN SO: BB5918

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station
  • Rent Includes: Water, Sewer, Snow Removal, Laundry Facilities, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 201

Lot Info

  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 99999
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 Rented $4,000 0.0% --
05/19/2025 05/19/25 Under Contract -- -- --
05/06/2025 05/06/25 Price Changed $4,000 -4.8% $3 / Sq Ft
04/22/2025 04/22/25 For Rent $4,200 0.0% --
05/23/2018 05/23/18 Sold $781,000 +1.6% $680 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $769,000 -- $670 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73362726

MLS Property Information Network (MLS PIN)