2 months on rocket

60 Franklin St, Somerville, MA, 02145

$899,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,828 SqFt
$492/SqFt
House

Location

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60 Franklin St, Somerville$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Paved
Year Built1890
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #73272128
Lot Size0.13 Acres
StatusActive

About 60 Franklin St

ATTENTION DEVELOPERS, FLIPPERS, OWNER OCCUPANTS. Come one, come all to this amazing and rare East Somerville opportunity to create something brand new, literally up the street from new East Somerville Green Line T-Station, Capuano Early Learning Center, across the street from Glen Park. 5610 sf of corner lot space at the end of Franklin Avenue is waiting for someone with real talent and ambition. Currently features 19th century vintage single family house, large yard, parking area in a neighborhood where new condos are selling for $700 per square foot. Offered at $321/sf. Lot next door has already been developed with new construction units. Don’t miss out on this chance to make your mark on Somerville’s hottest neighborhood. Convenient to Union Sq, Encore, and downtown Boston.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1890
  • Living Area: 1,828 SqFt

Listing Office:

  • Office Name: Metropolitan Boston Real Estate, LLC
  • Office Phone: (617) 425-6300
  • Listing Agent: Michael Albano

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Off Street, Paved

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • E Somerville Community, Public District Grades KG-8
  • Albert F. Argenziano School At Lincoln Park, Public District Grades PK-8
  • Winter Hill Community, Public District Grades PK-8
  • Benjamin G Brown, Public District Grades KG-6

Other

Directions Information:

  • Directions: Pearl St to Franklin St. Franklin is one way

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900
  • Price Per SqFt: $492/SqFt

Tax Information:

  • Annual Amount: $7,353
  • 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

$626

Avg. Days On Market

44

# of Sold Homes

44

60 Franklin St vs Somerville

77 DAYS ON ROCKET

+33 Days

$899,900

-$194.9K Less

$492/SqFt

-$135 Less

KEY TAKEAWAY

This property is $194.9K less than the Median Sold Price and $135/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: #73272128

Listing Office:

  • Office Name: Metropolitan Boston Real Estate, LLC
  • Office Phone: (617) 425-6300
  • Listing Agent: Michael Albano

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: 10/18/2024, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,353$721,600
2020$6,900$683,800
2019$6,429$597,500
2018$5,354$473,400
2017$5,518$472,800

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

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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.

Elementary School

school-card-donut-570291
10
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 1.78 miles

  • Public District Grades KG-6

Middle School

school-card-donut-570292
3
/10

  • E Somerville Community

  • 50 Cross St

  • 0.27 miles

  • Public District Grades KG-8

school-card-donut-570293
5
/10

  • Albert F. Argenziano School At Lincoln Park

  • 290 Washington St

  • 0.76 miles

  • Public District Grades PK-8

school-card-donut-570294
2
/10

  • Winter Hill Community

  • 115 Sycamore St

  • 0.92 miles

  • Public District Grades PK-8

High School

school-card-donut-570295
5
/10

  • Somerville High School

  • 81 Highland Ave

  • 0.68 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 $50,641. Residents of Somerville, MA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 60 Franklin St

What is the listing price of this property?

The listing price of 60 Franklin St property is $899,900.

What type of property is this?

The property 60 Franklin St is a house located in Somerville, Massachusetts, 02145.

Is this property for sale now?

Active Listing: 60 Franklin St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 60 Franklin St are:
Benjamin G Brown: GreatSchools Rating 10/10
E Somerville Community: GreatSchools Rating 3/10
Albert F. Argenziano School At Lincoln Park: GreatSchools Rating 5/10
Winter Hill Community: GreatSchools Rating 2/10
Somerville High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,353 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 60 Franklin St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 60 Franklin St is 1,828 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 60 Franklin St is 1890.

Rocket Homes›Massachusetts›Middlesex County›Somerville›02145›60 Franklin St

This home is located at 60 Franklin St in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 1,828 square foot home, which was built in 1890, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $899,900.

Over 11 listings were sold over their listed price in September 2024 in Somerville, MA. In the same period over 28 listings were sold below the listed price and 5 listings were sold for the listed price. Between August 2024 and September 2024, Somerville, MA real estate market has seen increase in the number of listings by 17.6%. In September 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $1,094,800.

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

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