Seller's Agent in 2024
Daniel Alper
Boston Realty Advisors
(617) 768-7333
1 in this area
9 Total Sales
741 Broadway Somerville, MA 02144
Ball Square Neighborhood
4
Beds
6
Baths
6,129
Sq Ft
3,997
Sq Ft Lot
Highlights
- Cooling Available
- Heating Available
- 4-minute walk to Nathan Tufts Park
- Somerville High School Rated A-
About This Home
As of January 2024741 Broadway provides investors, users and business owners the opportunity to own a sizable mixed use property in Somerville's Ball Square neighborhood. Complemented by locally beloved retail and under 2 minutes to the brand new Ball Square Green Line Station, all within walking distance to Tufts University, Davis Square and Magoun Square, 741 Broadway is fantastically located with tremendous residential and business demand. 741 Broadway is a true mixed use property with two 2-bed units on the second and third floor, almost 3,000 SF of leased office/commercial space on the first floor with an additional 1,100 SF of finished space below grade in the basement to use or rent. The Commercial space includes lobby/sitting area, conference rooms, multiple offices and restrooms to lease. Please see floor plans in this listing for layout.741 Broadway is zoned MR4 which allows for Mixed Use or Residential use up to 4 stories typically at 90% lot coverage aside from potential setbacks.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,171
Year Built
- Built in 1925
Lot Details
- 3,997
Home Design
- 6,129 Sq Ft Home
- Brick Foundation
- Block Foundation
- Slab Foundation
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
- Crawl Space
Utilities
- Cooling Available
- Heating Available
Additional Features
- Bulkhead
- 3,997 Sq Ft Lot
Community Details
- 4 Units
- Property has 1 Level
Listing and Financial Details
- Assessor Parcel Number 749702
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2024 01/22/24 | Sold | $1,400,000 | -12.5% | $228 / Sq Ft |
| 11/17/2023 11/17/23 | Pending | -- | -- | -- |
| 11/06/2023 11/06/23 | For Sale | $1,600,000 | -- | $261 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2022 | $20,171 | $1,431,700 | $482,800 | $948,900 |
| 2021 | $19,793 | $1,385,000 | $482,800 | $902,200 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Alper
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73177819
APN: SOME-000019-B000000-000006
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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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