Residential development opportunity proximate to Union Square's new MBTA station, and convenient to the best of Union Square and Inman Squares! Favorable UR Zoning should allow for a multiple unit project with relaxed parking requirements. The abutting lot known as 10 Oak Street is also being offered for sale separately, but could be purchased together. Buyers to perform their own development due diligence and feasibility. Don’t miss out on this opportunity.
Property Details
Property Features
Listing Office:
Office Name: Senne
Listing Agent: William Senne
Lot Features
Lot Information:
Lot: Level, Other
Lot Size: 0.10 Acres
Other
Directions Information:
Directions: Prospect Street near to Union Square
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $7,257
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Somerville, MA.
This property is $401.8K 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: #73267625
Listing Office:
Office Name: Senne
Listing Agent: William Senne
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
Sep 30, 1994
Sep 30, 1994Home Sold
$165,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,257
$434,800
2020
$7,096
$434,800
2019
$7,256
$418,700
2018
$7,506
$412,200
2017
$10,184
$541,400
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
King Open
850 Cambridge St
Distance between this listing and this school0.36 miles
Public District Grades PK-5
8
/10
Cambridgeport
89 Elm St
Distance between this listing and this school0.45 miles
Public District Grades PK-5
6
/10
Fletcher/Maynard Academy
225 Windsor St
Distance between this listing and this school0.62 miles
Public District Grades PK-5
Nearby Schools
4
/10
Albert F. Argenziano School at Lincoln Park
290 Washington St
Distance between this listing and this school0.26 miles
Public District Grades PK-8
4
/10
Cambridge Street Upper School
840 Cambridge St
Distance between this listing and this school0.37 miles
Public District Grades 6-8
3
/10
E Somerville Community
50 Cross St
Distance between this listing and this school0.88 miles
Public District Grades KG-8
Nearby Schools
3
/10
Prospect Hill Academy Charter School
50 Essex St
Distance between this listing and this school0.61 miles
Public Charter Grades KG-12
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school0.78 miles
Public District Grades 9-12
6
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school0.79 miles
The neighbors living near this home have an average income of $85,435. Most Somerville, MA residents have annual incomes between $35k-100k. The most common type of family 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 91 Prospect St
What is the listing price of this property?
The listing price of 91 Prospect St property is $1,500,000.
What type of property is this?
The property 91 Prospect St is land located in Somerville, Massachusetts, 02143.
Is this property for sale now?
Active Listing: 91 Prospect St 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 $7,257 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 30, 1994 for $165,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 91 Prospect St in Somerville, MA and zip code 02143 in the Cobble Hill / Ward 2 neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $1,500,000.
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. Between September 2024 and October 2024, Somerville, MA real estate market has seen increase in the number of listings by 8.5%. 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.
Music Concerts
Music Concerts
Tennis
Art Museums
H&M
Crate & Barrel
Bloomingdales
Chipotle
Starbucks
Boston Market
Volkswagen
BMW
Audi
Rhythmic Contemporary Hits
News