Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.
Property Details
Property Features
Listing Office:
Office Name: Gibson Sotheby's International Realty
Listing Agent: Anthony Bruno
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.08 Acres
School Info
Assigned Schools Information:
Somerville High School, Public District Grades 9-12
John F Kennedy, Public District Grades PK-8
West Somerville Neighborhood, Public District Grades PK-8
Winter Hill Community, Public District Grades PK-8
Benjamin G Brown, Public District Grades KG-6
Other
Directions Information:
Directions: Elm Street between Russell Street and Windom Street
Price Information
Listing Price Info
Price Summary:
List Price: $1,900,000
Agent Commission:
Buyer's Agent Commission: 2
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Housing Market Comparison
See how this home compares to others in Somerville, MA.
This property is $876.2K more than the Median Sold Price in Somerville, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73208496
Listing Office:
Office Name: Gibson Sotheby's International Realty
Listing Agent: Anthony Bruno
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 4/29/2024, 12:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 18, 1997
Apr 18, 1997Home Sold
$265,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
-
$996,900
2020
-
$996,900
2019
-
$947,000
2018
-
$931,800
2017
-
$880,700
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Benjamin G Brown
201 Willow Ave
Distance between this listing and this school0.42 miles
Public District Grades KG-6
Middle School
8
/10
John F Kennedy
5 Cherry St
Distance between this listing and this school0.36 miles
Public District Grades PK-8
6
/10
West Somerville Neighborhood
177 Powder House Blvd
Distance between this listing and this school0.93 miles
Public District Grades PK-8
5
/10
Winter Hill Community
115 Sycamore St
Distance between this listing and this school1.11 miles
Public District Grades PK-8
High School
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school1.27 miles
Public District Grades 9-12
Assigned Schools
9
/10
Benjamin G Brown
201 Willow Ave
Distance between this listing and this school0.42 miles
Public District Grades KG-6
Nearby Schools
8
/10
Peabody
70 Rindge Ave
Distance between this listing and this school0.41 miles
Public District Grades PK-5
8
/10
Benjamin Banneker Charter Public School
21 Notre Dame Ave
Distance between this listing and this school0.59 miles
Public Charter Grades KG-6
Assigned Schools
8
/10
John F Kennedy
5 Cherry St
Distance between this listing and this school0.36 miles
Public District Grades PK-8
6
/10
West Somerville Neighborhood
177 Powder House Blvd
Distance between this listing and this school0.93 miles
Public District Grades PK-8
5
/10
Winter Hill Community
115 Sycamore St
Distance between this listing and this school1.11 miles
Public District Grades PK-8
Assigned Schools
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school1.27 miles
Public District Grades 9-12
Nearby Schools
5
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school1.42 miles
Public District Grades 9-12
4
/10
Prospect Hill Academy Charter School
50 Essex St
Distance between this listing and this school2.06 miles
The neighbors living near this home have an average income of $94,183. Typical income of Somerville, MA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 199 Elm St
What is the listing price of this property?
The listing price of 199 Elm St property is $1,900,000.
What type of property is this?
The property 199 Elm St is land located in Somerville, Massachusetts, 02144.
Is this property for sale now?
Active Listing: 199 Elm St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 199 Elm St are: Benjamin G Brown: GreatSchools Rating 9/10John F Kennedy: GreatSchools Rating 8/10West Somerville Neighborhood: GreatSchools Rating 6/10Winter Hill Community: GreatSchools Rating 5/10Somerville High School: GreatSchools Rating 4/10
When was this property sold last time and for how much?
The last sale was on April 18, 1997 for $265,000. (source: MLS/tax record).
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This home is located at 199 Elm St in Somerville, MA and zip code 02144 in the Davis Square neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $1,900,000.
Somerville, MA housing market in March 2024 saw over 17 listings sold above listed price, more than 2 sold at listed price and over 16 sold below. The number of listings in Somerville, MA increased by 15.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 35 days, the median list price was $1,023,750.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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