Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.
Property Details
Property Features
Listing Office:
Office Name: Gibson Sotheby's International Realty
Office Phone: (617) 426-6900
Listing Agent: Anthony Bruno
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.08 Acres
Other
Directions Information:
Directions: Elm Street between Russell Street and Windom Street
Price Information
Listing Price Info
Price Summary:
List Price: $1,900,000
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Housing Market Comparison
See how this home compares to others in Somerville, MA.
This property is $801.8K more than the Median Sold Price in Somerville, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73208496
Listing Office:
Office Name: Gibson Sotheby's International Realty
Office Phone: (617) 426-6900
Listing Agent: Anthony Bruno
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, 12:20:47 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
DATE
EVENT
PRICE
Apr 18, 1997
Apr 18, 1997Home Sold
$265,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
-
$996,900
2020
-
$996,900
2019
-
$947,000
2018
-
$931,800
2017
-
$880,700
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Peabody
70 Rindge Ave
Distance between this listing and this school0.41 miles
Public District Grades PK-5
7
/10
Benjamin G Brown
201 Willow Ave
Distance between this listing and this school0.42 miles
Public District Grades KG-5
9
/10
Benjamin Banneker Charter Public School
21 Notre Dame Ave
Distance between this listing and this school0.58 miles
Public Charter Grades PK-6
Nearby Schools
8
/10
John F Kennedy
5 Cherry St
Distance between this listing and this school0.39 miles
Public District Grades PK-8
7
/10
Rindge Avenue Upper School
70 Rindge Ave
Distance between this listing and this school0.41 miles
Public District Grades 6-8
5
/10
West Somerville Neighborhood
177 Powder House Blvd
Distance between this listing and this school0.93 miles
Public District Grades PK-8
Nearby Schools
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school1.27 miles
Public District Grades 9-12
6
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school1.41 miles
Public District Grades 9-12
1
/10
Full Circle High School
11 Otis St
Distance between this listing and this school1.74 miles
The neighbors living near this home have an average income of $94,183. Residents of Somerville, MA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 199 Elm St
What is the listing price of this property?
The listing price of 199 Elm St property is $1,900,000.
What type of property is this?
The property 199 Elm St is land located in Somerville, Massachusetts, 02144.
Is this property for sale now?
Active Listing: 199 Elm St is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on April 18, 1997 for $265,000. (source: MLS/tax record).
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This home is located at 199 Elm St in Somerville, MA and zip code 02144 in the Davis Square neighborhood. This home sits on a 0.08 acre lot. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $1,900,000.
In October 2024, from all listings sold in Somerville, MA there were more than 12 sold above asking price, over 23 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Somerville, MA increased by 8.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,098,130, while the average time on the real estate market was 39 days.
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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