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371 Highland Ave, Somerville, MA, 02144

$5,500,000

0.19 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #73295720
Lot Size0.19 Acres
StatusActive

About 371 Highland Ave

371 Highland Ave is an approved residential development featuring unique underground parking near Davis Square. 371 Highland Ave will include 23 units and 13 below-grade garage spaces. Totaling 30,050 GSF, the development opportunity is located near everything David Square has to offer including Davis Station, restaurants, and shops.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (617) 969-9000
  • Listing Agent: Chris Kostopoulos Group

Lot Features

Lot Information:

  • Lot: Level, Other
  • Lot Size: 0.19 Acres

Other

Directions Information:

  • Directions: 371 Highland Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000

Tax Information:

  • Annual Amount: $17,918
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$630

Avg. Days On Market

39

# of Sold Homes

40

371 Highland Ave vs Somerville

51 DAYS ON ROCKET

+12 Days

$5,500,000

+$4.4M More

KEY TAKEAWAY

This property is $4.4M 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: #73295720

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (617) 969-9000
  • Listing Agent: Chris Kostopoulos Group

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, 8:20:48 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

Jul 09, 2009Home Sold
$700,000
Nov 15, 2006Home Sold
$650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,918$1,073,600
2020$17,521$1,073,600
2019$17,762$1,024,900
2018$18,501$1,016,000
2017$18,048$959,500

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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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-427974
7
/10
  • Benjamin G Brown

  • 201 Willow Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-427975
8
/10
  • Peabody

  • 70 Rindge Ave

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-427976
9
/10
  • Benjamin Banneker Charter Public School

  • 21 Notre Dame Ave

  • 0.72 miles

  • Public Charter Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,798. The most common annual income of people living in Somerville, MA is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 371 Highland Ave

What is the listing price of this property?

The listing price of 371 Highland Ave property is $5,500,000.

What type of property is this?

The property 371 Highland Ave is land located in Somerville, Massachusetts, 02144.

Is this property for sale now?

Active Listing: 371 Highland Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $17,918 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2009 for $700,000. (source: MLS/tax record).

How much acreage is this property?

The property 371 Highland Ave is 0.19 acres.
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Rocket HomesMassachusettsMiddlesex CountySomerville02144371 Highland Ave

This home is located at 371 Highland Ave in Somerville, MA and zip code 02144 in the Davis Square neighborhood. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $5,500,000.

Somerville, MA housing market in October 2024 saw over 12 listings sold above listed price, more than 5 sold at listed price and over 23 sold below. The number of listings in Somerville, MA increased by 8.5% between September 2024 and October 2024. In October 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $1,098,130.

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

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