1 month on rocket

181 Summer St, Arlington, MA, 02474

$1,450,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
2 Full Baths, 1 Partial
2,428 SqFt
$597/SqFt
Multi

Location

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181 Summer St, Arlington$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Paved
Year Built1949
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontBeach, Lake Front
MLS #73295004
Lot Size0.28 Acres
StatusActive

About 181 Summer St

Expansion Potential! Set on over 12,000 sf of level land in a top commuter location, 181 Summer Street boasts a number of quality upgrades and a strong rental history. A full 2018 3rd-floor dormer added 2 spacious bedrooms and room for a future third full bathroom. Improvements over past 10 years include new roof, two new heating/central air systems, replacement Harvey windows, rebuilt front porch and stairs, and a new tile bathroom (Unit 2). Each unit features hardwood floors and ceramic tile baths. Lower level is partially finished with 2 separate laundry areas and a bonus half bath; new gas water heater 2024 (Unit 1). Property is conveniently located on the Turkey Hill bus line to Alewife, just a few short blocks to vibrant Mass Avenue, public tennis/pickleball courts, AHS and Bishop School, and the popular Minuteman Bikeway. Investors/Contractors/Developers note: opportunity knocks!

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 2,428 SqFt

Listing Office:

  • Office Name: Senne
  • Office Phone: (617) 314-9400
  • Listing Agent: Karen Zoeller

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher, Range Hood
  • Basement: Yes
  • Flooring Type: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
  • Interior: Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen, Office/Den

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Beach, Lake Front
  • Exterior: Rain Gutters

Parking Information:

  • Parking: Off Street, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Summer Street at intersection of Grove St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $597/SqFt

Tax Information:

  • Annual Amount: $10,909
  • Tax Year: 2021
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Housing Market Comparison

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

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Arlington, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$561

Avg. Days On Market

25

# of Sold Homes

39

181 Summer St vs Arlington

52 DAYS ON ROCKET

+27 Days

$1,450,000

+$428.6K More

$597/SqFt

+$35 More

KEY TAKEAWAY

This property is $428.6K more than the Median Sold Price and $35/SqFt more than other homes in Arlington, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73295004

Listing Office:

  • Office Name: Senne
  • Office Phone: (617) 314-9400
  • Listing Agent: Karen Zoeller

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.
Last updated on: 11/17/2024, 10:20:47 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

Aug 27, 2003Home Sold
$489,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,909$962,000
2020$10,641$962,100
2019$9,779$868,500
2018$9,011$742,900
2017$8,601$684,800

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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NMLS#3030

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.

Nearby Schools

school-card-donut-383072
8
/10

  • John a Bishop

  • 25 Columbia Rd

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-383073
8
/10

  • M Norcross Stratton

  • 180 Mountain Ave

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-383074
8
/10

  • Peirce

  • 85 Park Avenue Ext

  • 0.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,795. Typical income of Arlington, MA residents is between $100k-200k annually. Most families are married, with kids. The most common level of education of people living in this area is masters degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Arlington›02474›181 Summer St

This home is located at 181 Summer St in Arlington, MA and zip code 02474. This 2,428 square foot home, which was built in 1949, sits on a 0.28 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,450,000.

In October 2024 more than 23 listings in Arlington, MA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below. Between September 2024 and October 2024, Arlington, MA real estate market has seen increase in the number of listings by 3.3%. While the average time on the market in October 2024 was 25 days, the median list price was $1,021,388.

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

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