8 months on rocket

8 Melvin St Unit 1, Somerville, MA, 02145

$769,000

Home List Price

$9,132*

Closing Credit

3 Bedrooms
2 Full Baths
1,422 SqFt
$541/SqFt
Condo
Schools Nearby

Location

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8 Melvin St Unit 1, Somerville$769,000

Buyer Closing Credits

$9,132*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1910
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #73157513
StatusActive

About 8 Melvin St Unit 1

OH this SUN 4/28 bet 11a-12:30p-BOM due to buyer's financing-Tastefully renovated open floor concept with 3br/2 baths Condo on 1st fl in Winter Hill area of Somerville-Features include new kitchen with new cabinets,quartz countertop,new stainless steel appliances including gas stove & microwave, master suite with attached full bath, good sized bedrooms, hardwood flooring throughout,Tile flooring in baths, ample storage space including direct & private access to the basement, one floor living, laundry hookup, enclosed deck, upgraded electric wiring & panels, new WH, new HVAC etc.Easy access to the new Green line extension,Assembly Row,Restaurants, Shopping, Tuft,Logan airport, downtown Boston etc-A commuter's dream! Association fee, taxes & assessed value are approximate & will be revised based upon actual values. Association fee includes common lights, landscaping & snow removal. Currently assessed as a 2-family.New owners will pay condo % of taxes until the city assesses unit separate

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 1,422 SqFt

Listing Office:

  • Office Name: East Key Realty
  • Listing Agent: Maha Krishnakumar

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Plumbed For Ice Maker
  • Flooring Type: Tile, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Enclosed, Patio, Covered Patio/Deck

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • E Somerville Community, Public District Grades KG-8
  • Winter Hill Community, Public District Grades PK-8
  • Arthur D Healey, Public District Grades KG-8
  • Benjamin G Brown, Public District Grades KG-6

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $769,000
  • Price Per SqFt: $541/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

HOA Fees:

  • Amount: $200
  • Frequency: Monthly
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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

8 Melvin St Unit 1 vs Somerville

241 DAYS ON ROCKET

+204 Days

$769,000

-$260.9K Less

$541/SqFt

-$89 Less

KEY TAKEAWAY

This property is $260.9K less than the Median Sold Price and $89/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: #73157513

Listing Office:

  • Office Name: East Key Realty
  • Listing Agent: Maha Krishnakumar

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: 5/7/2024, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,372

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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-7323407
9
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 1.37 miles

  • Public District Grades KG-6

Middle School

school-card-donut-7323408
4
/10

  • E Somerville Community

  • 50 Cross St

  • 0.23 miles

  • Public District Grades KG-8

school-card-donut-7323409
5
/10

  • Winter Hill Community

  • 115 Sycamore St

  • 0.50 miles

  • Public District Grades PK-8

school-card-donut-7323410
4
/10

  • Arthur D Healey

  • 5 Meacham St

  • 0.63 miles

  • Public District Grades KG-8

High School

school-card-donut-7323411
4
/10

  • Somerville High School

  • 81 Highland Ave

  • 0.46 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 $83,446. Most Somerville, MA residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8 Melvin St Unit 1

What is the listing price of this property?

The listing price of 8 Melvin St Unit 1 property is $769,000.

What type of property is this?

The property 8 Melvin St Unit 1 is a condo located in Somerville, Massachusetts, 02145.

Is this property for sale now?

Active Listing: 8 Melvin St Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8 Melvin St Unit 1 are:
Benjamin G Brown: GreatSchools Rating 9/10
E Somerville Community: GreatSchools Rating 4/10
Winter Hill Community: GreatSchools Rating 5/10
Arthur D Healey: GreatSchools Rating 4/10
Somerville High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 8 Melvin St Unit 1 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8 Melvin St Unit 1 is 1,422 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 Melvin St Unit 1 is 1910.

Rocket Homes›Massachusetts›Middlesex County›Somerville›02145›8 Melvin St Unit 1

This home is located at 8 Melvin St Unit 1 in Somerville, MA and zip code 02145 in the Winter Hill / Magoun neighborhood. This 1,422 square foot home was built in 1910. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 09, 2023 and is currently priced at $769,000.

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 number of listings in Somerville, MA increased by 28.9% between March 2024 and April 2024. In April 2024 median list price was $1,029,983 and the average listing age was 37 days.

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

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