11 days on rocket

38 Laurel St, Somerville, MA, 02143

$1,899,900

Home List Price

$10,000*

Closing Credit

10 Bedrooms
6 Full Baths
5,400 SqFt
$352/SqFt
Multi
Schools Nearby

Location

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38 Laurel St, Somerville$1,899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year BuiltNew Const., 9999
MLS #73235194
Lot Size0.23 Acres
StatusActive

About 38 Laurel St

APPROVED HUGE THREE UNIT MULTI... FOR RENTAL OR DEVELOPMENT...ON 9,935 SQ FT OF LAND AND OVER 5000 SQ FT OF APPROVED INTERIOR SPACE ...currently an empty lot with accessory 'garage'. COMES WITH EXISTING PLANS WHICH HAVE ALREADY BEEN SUBMITTED TO INSPECTIONAL SERVICES FOR A BUILDING PERMIT. Designed as a 7-7-4 rooms per floor and 4-4-2 bedrooms per floor with a full unfinished basement. Approved plans have 4 non tandem parking spots. Rated a WALKER'S PARADISE WALK SCORE OF 93 and a BIKER'S PARADISE BIKE SCORE OF 91. Will be delivered with plans AND A BUILDING PERMIT FOR CURRENT PLANS...Plans are available upon request. Only a half mile to the GREEN LINE at Gilman Sq. Less than a mile to the RED LINE in Porter Sq. Less than a mile to Union Square. FANTASTIC LOCATION IN A GREAT NEIGHBORHOOD.

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Living Area: 5,400 SqFt

Listing Office:

  • Office Name: Steve Bremis Realty Group
  • Listing Agent: The Steve Bremis Team

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 10

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.23 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
  • Winter Hill Community, Public District Grades PK-8
  • John F Kennedy, Public District Grades PK-8
  • Benjamin G Brown, Public District Grades KG-6

Other

Directions Information:

  • Directions: Summer St (from Davis Sq to Union Sq), take a right on Laurel after Central Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,900
  • Price Per SqFt: $352/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.125

Tax Information:

  • Annual Amount: $13,292
  • 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

$630

Avg. Days On Market

37

# of Sold Homes

42

38 Laurel St vs Somerville

11 DAYS ON ROCKET

-26 Days

$1,899,900

+$869.9K More

$352/SqFt

-$278 Less

KEY TAKEAWAY

This property is $869.9K more than the Median Sold Price and $278/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: #73235194

Listing Office:

  • Office Name: Steve Bremis Realty Group
  • Listing Agent: The Steve Bremis Team

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: 5/20/2024, 4:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 29, 1989Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,292$1,304,400
2020$12,515$1,240,300
2019$11,573$1,075,600
2018$10,751$950,600
2017$10,571$905,800

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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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-4375332
10
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 1.01 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4375333
5
/10

  • Albert F. Argenziano School At Lincoln Park

  • 290 Washington St

  • 0.46 miles

  • Public District Grades PK-8

school-card-donut-4375334
2
/10

  • Winter Hill Community

  • 115 Sycamore St

  • 0.56 miles

  • Public District Grades PK-8

school-card-donut-4375335
8
/10

  • John F Kennedy

  • 5 Cherry St

  • 0.70 miles

  • Public District Grades PK-8

High School

school-card-donut-4375336
5
/10

  • Somerville High School

  • 81 Highland Ave

  • 0.38 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 $49,254. Most Somerville, MA residents have annual incomes between $35k-100k. The majority of 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›02143›38 Laurel St

This home is located at 38 Laurel St in Somerville, MA and zip code 02143 in the Spring Hill neighborhood. This 5,400 square foot home, which was built in 9999, sits on a 0.23 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,899,900.

In April 2024, from all listings sold in Somerville, MA there were more than 21 sold above asking price, over 15 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Somerville, MA between March 2024 and April 2024 increased by 28.9%. The median list price of listings available in April 2024 was $1,029,983, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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