6 months on rocket

640 Mystic Ave, Somerville, MA, 02145

$2,649,000

9 Bedrooms
6 Full Baths, 3 Partial
5,096 SqFt
$520/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingAssigned
Garage6 spaces
Year Built2017
HeatingCentral, Forced Air, Natural Gas, Other
CoolingCentral Air, Other
FireplaceGas
ViewCity, Other
MLS #73235507
Lot Size0.09 Acres
StatusActive

About 640 Mystic Ave

INVESTORS-UNDER ASSESSED VALUE! Discover the best opportunity in Somerville at only $520 per square foot. This property includes 6 garage parking spaces and is perfect for a 1031 EXCHANGE OPPORTUNITY. Three custom-designed side by side townhouses, each with two garage spaces. An award-winning developer has crafted each home with a chef's kitchen featuring Bertazzoni ranges, SS Appliances, and gleaming hardwood floors. The open-concept living room, dining room, and kitchen lead directly to a walk-out patio. On the second level, there are two bedrooms, laundry facilities, a full bathroom, and an office nook. The top floor boasts a spacious primary bedroom suite with two walk-in closets, a double vanity, and a spa-like walk-in shower. Each unit features a private balcony with unobstructed views of the Mystic River and Encore Casino. Constructed in 2018 with soundproofing and a FIRE SPRINKLER/ALARM system, Amenity Score 8.3 Walk Score 7.8 Park Score 9.8 Schools 9.8 Wellness 8.8.

Property Details

Property Features

Property Information:

  • Year Built: 2017
  • Living Area: 5,096 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - Boston
  • Office Phone: (617) 266-4430
  • Listing Agent: Boston RE Group

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Oven, Trash Compactor
  • Flooring Type: Carpet, Hardwood
  • Interior: Storage, Walk-In Closet(s), Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: City, Other

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,649,000
  • Price Per SqFt: $520/SqFt

Tax Information:

  • Annual Amount: $22,828
  • 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

640 Mystic Ave vs Somerville

196 DAYS ON ROCKET

+157 Days

$2,649,000

+$1.5M More

$520/SqFt

-$110 Less

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $110/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: #73235507

Listing Office:

  • Office Name: Coldwell Banker Realty - Boston
  • Office Phone: (617) 266-4430
  • Listing Agent: Boston RE 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: 11/21/2024, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$22,828$2,240,200
2020$21,146$2,095,700
2019$17,889$1,662,500
2018$2,545$225,000
2017$3,433$294,200

History based on county public records data.

Payment Calculator

$13.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,008

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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-257293
4
/10
  • Columbus Elementary School

  • 37 Hicks Ave

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-257294
4
/10
  • McGlynn Elementary School

  • 3002 Mystic Valley Pkwy

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-257295
7
/10
  • Benjamin G Brown

  • 201 Willow Ave

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,944. Residents of Somerville, MA typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket HomesMassachusettsMiddlesex CountySomerville02145640 Mystic Ave

This home is located at 640 Mystic Ave in Somerville, MA and zip code 02145 in the Winter Hill / Magoun neighborhood. This 5,096 square foot home, which was built in 2017, sits on a 0.09 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $2,649,000.

While more than 12 listings in Somerville, MA in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 23 were sold below. In October 2024 in Somerville, MA there were 8.5% more homes for sale than in September 2024. In October 2024 median list price was $1,098,130 and the average listing age was 39 days.

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

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