The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.
Property Details
Property Features
Property Information:
Year Built: 2025
Living Area: 47,572 SqFt
Listing Office:
Office Name: Fortune RE
Listing Agent: Ryan Taylor
Interior Features
Bedroom and Bathroom Information:
Partial Bathrooms: 6
Full Bathrooms: 85
Total Bedroom Count: 76
Exterior Features
Exterior Information:
View: City
Lot Features
Lot Information:
Lot: Cleared, Level
Lot Size: 0.41 Acres
School Info
Assigned Schools Information:
Somerville High School, Public District Grades 9-12
Albert F. Argenziano School At Lincoln Park, Public District Grades PK-8
E Somerville Community, Public District Grades KG-8
Winter Hill Community, Public District Grades PK-8
Benjamin G Brown, Public District Grades KG-6
Other
Directions Information:
Directions: 200' North on Bennet Ct from Union Square GLX station
Price Information
Listing Price Info
Price Summary:
List Price: $8,250,000
Price Per SqFt: $173/SqFt
Agent Commission:
Buyer's Agent Commission: 1.5
Tax Information:
Annual Amount: $19,213
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Somerville, MA.
This property is $7.2M more than the Median Sold Price and $463/SqFt less than other homes in Somerville, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73211289
Listing Office:
Office Name: Fortune RE
Listing Agent: Ryan Taylor
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: 4/28/2024, 5:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$19,213
$1,885,500
2020
$18,347
$1,818,300
2019
$17,480
$1,624,500
2018
$15,659
$1,384,500
2017
$14,667
$1,256,800
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 school1.70 miles
Public District Grades KG-6
Middle School
3
/10
Albert F. Argenziano School At Lincoln Park
290 Washington St
Distance between this listing and this school0.29 miles
Public District Grades PK-8
4
/10
E Somerville Community
50 Cross St
Distance between this listing and this school0.68 miles
Public District Grades KG-8
5
/10
Winter Hill Community
115 Sycamore St
Distance between this listing and this school0.98 miles
Public District Grades PK-8
High School
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school0.64 miles
Public District Grades 9-12
Assigned Schools
9
/10
Benjamin G Brown
201 Willow Ave
Distance between this listing and this school1.70 miles
Public District Grades KG-6
Nearby Schools
6
/10
King Open
850 Cambridge St
Distance between this listing and this school0.43 miles
Public District Grades PK-5
5
/10
Cambridgeport
89 Elm St
Distance between this listing and this school0.63 miles
Public District Grades PK-5
Assigned Schools
3
/10
Albert F. Argenziano School At Lincoln Park
290 Washington St
Distance between this listing and this school0.29 miles
Public District Grades PK-8
4
/10
E Somerville Community
50 Cross St
Distance between this listing and this school0.68 miles
Public District Grades KG-8
5
/10
Winter Hill Community
115 Sycamore St
Distance between this listing and this school0.98 miles
Public District Grades PK-8
Assigned Schools
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school0.64 miles
Public District Grades 9-12
Nearby Schools
4
/10
Prospect Hill Academy Charter School
50 Essex St
Distance between this listing and this school0.82 miles
Public Charter Grades KG-12
7
/10
Community Charter School of Cambridge
245 Bent St
Distance between this listing and this school0.83 miles
The neighbors living near this home have an average income of $43,876. The majority of Somerville, MA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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This home is located at 21 Allen St in Somerville, MA and zip code 02143 in the Union Square / Prospect neighborhood. This 47,572 square foot home, which was built in 2025, sits on a 0.41 acre lot. Features: 76 bedrooms, 91 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $8,250,000.
In March 2024 more than 17 listings in Somerville, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 16 were sold below. Between February 2024 and March 2024, Somerville, MA real estate market has seen increase in the number of listings by 15.2%. Listings spent 35 days on the market in March 2024, and had a median list price of $1,023,750 during the same period.
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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