NOT LISTED FOR SALE

60 Franklin St Somerville, MA 02145

East Somerville Neighborhood

Estimated Value: $779,576 - $890,000

3 Beds
1.5 Baths
1,828 Sq Ft
$456/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2025

Last sale price $800,000 $438 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,250 / mo

95 Days on Market

Highlights

  • 0.13 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Somerville High School Rated A-
  • Property is near public transit
  • 2-minute walk to Glen Park

About This Home

As of June 2025

ATTENTION DEVELOPERS, FLIPPERS, OWNER OCCUPANTS. Come one, come all to this amazing and rare East Somerville opportunity to create something brand new, literally up the street from new East Somerville Green Line T-Station, Capuano Early Learning Center, across the street from Glen Park. 5610 sf of corner lot space at the end of Franklin Avenue is waiting for someone with real talent and ambition. Currently features 19th century vintage single family house, large yard, parking area in a neighborhood where new condos are selling for $700 per square foot. Offered at $321/sf. Lot next door has already been developed with new construction units. Don’t miss out on this chance to make your mark on Somerville’s hottest neighborhood. Convenient to Union Sq, Encore, and downtown Boston.

Last Agent to Sell the Property

Michael Albano

Listed on: 08/01/2024

Co-Listed By

Gretchen Chingris

Last Buyer's Agent

Matthew Basteri

Flow Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,602

Year Built

  • Built in 1890

Lot Details

  • 5,610 Sq Ft Lot
  • Corner Lot
  • Property is zoned RB

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,828 Sq Ft Home
  • 1 Fireplace
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:104 B:D L:17,761160

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,602

Year Built

Built in 1890

Lot Details

5,610 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1890
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • Above Grade Finished Sq Ft: 1828
  • Living Area: 1828
  • Spa YN: No
  • MAIN LO: AN7597
  • MAIN SO: NB4184

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:104 B:D L:17,761160
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5610
  • Lot Size Units: Acres
  • Property Attached YN: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8602

Multi Family

  • Basement Included Sq Ft: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2025
Sold by
Bought by
Current Estimated Value
$833,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,393,264
Interest Rate
6.35%
Mortgage Type
Commercial
Estimated Equity
-$1,560,120

Purchase Details

Listed on
Aug 1, 2024
Closed on
Jun 16, 2025
Sold by
Bought by
Seller's Agent
Michael Albano
Buyer's Agent
Matthew Basteri
Flow Realty, Inc.
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%
Views
1254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$600,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 --
$800,000 None Available
$800,000 None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,400,000
Previous Owner $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Sold $800,000 -11.1% $438 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $899,900 0.0% $492 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $899,900 0.0% $492 / Sq Ft
09/10/2024 09/10/24 For Sale $899,900 +12.5% $492 / Sq Ft
08/12/2024 08/12/24 Off Market $800,000 -- --
08/01/2024 08/01/24 For Sale $999,900 -- $547 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,995 $824,500 $450,900 $373,600
2024 $8,602 $817,700 $450,900 $366,800
2023 $8,163 $789,500 $450,900 $338,600
2022 $7,646 $751,100 $429,500 $321,600
2021 $7,353 $721,600 $423,700 $297,900
2020 $6,900 $683,800 $407,300 $276,500
2019 $6,429 $597,500 $337,900 $259,600
2018 $5,354 $473,400 $270,200 $203,200
2017 $5,518 $472,800 $254,900 $217,900
2016 $4,562 $364,100 $179,000 $185,100
2015 $4,548 $360,700 $178,100 $182,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Albano

    Seller's Agent in 2025

    Michael Albano

    (617) 828-7661

    2 in this area

    14 Total Sales

    Michael Albano
    Section Image
  • Gretchen Chingris

    Seller Co-Listing Agent in 2025

    Gretchen Chingris

    (978) 886-9804

    1 in this area

    27 Total Sales

    Gretchen Chingris
    Section Image
  • Matthew Basteri

    Buyer's Agent in 2025

    Matthew Basteri

    Flow Realty, Inc.

    (888) 750-3569

    1 in this area

    81 Total Sales

    Matthew Basteri
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73272128

MLS Property Information Network (MLS PIN)

APN: SOME-000104-D000000-000017

Massachusetts Middlesex County Somerville 02143 East Somerville

60 Franklin St, Somerville, MA

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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