NOT LISTED FOR SALE

595 Broadway Somerville, MA 02145

South Medford Neighborhood

Estimated Value: $949,000

0.18 Acre
$5,272,222 Price per Acre
7,705 Sq Ft Lot

Last Sold November 03, 2023

Last sale price $1,825,000 $1,061 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $5,882/month

38 Days on Market

Highlights

  • 0.18 Acre Lot
  • No HOA
  • Park
  • Property is near public transit and schools
  • Jogging Path
  • 2-minute walk to Trum Field

About This Lot

As of November 2023

Permitted 7 Unit Development on the Medford Somerville line. This property sits on both Medford and Somerville and will be sold with a permit to build 7 market rate residential units (no affordable units). The unit mix includes Six 2 bedrooms 2 bathrooms + Den and a One 1 Bedroom unit. Lot totals 7705 sqft and the Gross Building Square Footage is 5387 sqft. This project will be sold shovel ready and is conveniently located steps from Ball Square Green Line T Stop and Tufts University and 1 mile from Porter Square and Redline T Station.

Last Agent to Sell the Property

Robert Nichols

MIG Listed on: 12/19/2022

Last Buyer's Agent

Paul Connolly

1M Realty LLC

1M Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,625

Lot Details

  • 7,705 Sq Ft Lot
  • Property is zoned NB

Additional Features

  • Property is near public transit and schools
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number M:27 B:C L:4,750707

Community Details

Recreation

  • Park
  • Jogging Path
  • Bike Trail
  • Electricity Available at Street

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$5,625

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: RealEstateOwned

Interior Features

  • MAIN LO: AC1495
  • MAIN SO: AN1547

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer
  • Gas: Other (See Remarks)
  • Electric: On-Site, At Street
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:27 B:C L:4,750707
  • Zoning: NB
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7705
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
595 Broadway Llc
Bought by
Fidelis Brg Loan Vent V
Current Estimated Value
$949,000
Source: Public Records
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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
Fidelis Brg Loan Vent V $800,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $1,825,000 -15.1% $1,061 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $2,150,000 -- $1,250 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

  • Robert Nichols

    Seller's Agent in 2023

    Robert Nichols

    MIG

    (617) 997-4963

    1 in this area

    124 Total Sales

    Robert Nichols
    Section Image
  • Paul Connolly

    Buyer's Agent in 2023

    Paul Connolly

    1M Realty LLC

    (781) 439-7218

    1 in this area

    36 Total Sales

    Paul Connolly
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73065827

MLS Property Information Network (MLS PIN)

APN: SOME-000027-C000000-000004

Massachusetts Middlesex County Somerville 02145 South Medford

595 Broadway, Somerville, MA

Not Listed for Sale

Lots

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