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26 Pearl St, Somerville, MA, 02145

$2,500,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
6 Full Baths
5,250 SqFt
$476/SqFt
Multi
Schools Nearby

Location

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26 Pearl St, Somerville$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1920
HeatingNatural Gas
ViewCity
MLS #73210995
Lot Size0.09 Acres
StatusActive

About 26 Pearl St

Great Opportunity to purchase a sunny, well maintained 6-Unit building in East Somerville on a spacious and private lot near Sullivan Station/Orange Line. Home has been owned by same family for over 50 years and is an Estate Sale Sold "As Is". The warm and inviting well laid out multi-family has a front lobby with wainscoting leading to a charming central staircase with spacious landings. Building has three levels with two units per floor. Five of the six units have four rooms, three are two bedroom units and two are one bedroom units with a bonus room. Sixth Unit is three rooms. All units enjoy a walk-in pantry/closet as well as a composite deck off the kitchen with considerable privacy from neighboring properties. The basement has an outside entrance and is also accessed internally through a shared clean and bright back hall through the kitchen. Rear hallway has a sky-light and new carpeting. Floor Plans Available. Daily Appointments Available.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 5,250 SqFt

Listing Office:

  • Office Name: Greater Metropolitan R. E.
  • Listing Agent: William Brennan

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Wood, Hardwood
  • Interior: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room, Office/Den

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • E Somerville Community, Public District Grades KG-8
  • Albert F. Argenziano School At Lincoln Park, 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: Broadway to Cross Street - Left on Pearl Street - Second to Last Building on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $476/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.0

Tax Information:

  • Annual Amount: $15,014
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Somerville, MA.

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Somerville, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$635

Avg. Days On Market

35

# of Sold Homes

35

26 Pearl St vs Somerville

46 DAYS ON ROCKET

+11 Days

$2,500,000

+$1.4M More

$476/SqFt

-$160 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $160/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: #73210995

Listing Office:

  • Office Name: Greater Metropolitan R. E.
  • Listing Agent: William Brennan

IDX 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: 4/27/2024, 10:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$15,014$1,473,400
2020$14,197$1,407,000
2019$12,462$1,158,200
2018$10,271$908,100
2017$9,589$821,700

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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

school-card-donut-1169226
9
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 1.92 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1169227
4
/10

  • E Somerville Community

  • 50 Cross St

  • 0.37 miles

  • Public District Grades KG-8

school-card-donut-1169228
3
/10

  • Albert F. Argenziano School At Lincoln Park

  • 290 Washington St

  • 0.94 miles

  • Public District Grades PK-8

school-card-donut-1169229
5
/10

  • Winter Hill Community

  • 115 Sycamore St

  • 1.05 miles

  • Public District Grades PK-8

High School

school-card-donut-1169230
4
/10

  • Somerville High School

  • 81 Highland Ave

  • 0.85 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,641. Typical income of Somerville, MA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Somerville›02145›26 Pearl St

This home is located at 26 Pearl St in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 5,250 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $2,500,000.

While more than 17 listings in Somerville, MA in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 16 were sold below. The number of homes for sale 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.

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