40 Central Rd, Somerville, MA 02143
SOLDSEP 28, 2023

40 Central Rd
Somerville, MA 02143

Central Hill
  • 6 Beds
  • 3 Baths
  • 3,637 sqft
  • 6 Beds
  • 3 Baths
  • 3,637 sqft

$1,225,000

Last Sold: Sep 28, 2023
12% over list $1.09M
$337/sqft
Est. Refi. Payment $7,665/mo*

Homes for Sale Near 40 Central Rd

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from September 28, 2023
***(Multiple Offer situation, Please Submit Mon by 5pm, Thank You) *** Attention contractors, developers and investors - This 3 family home might be a great condo conversion project or buy & hold investment for a home owner. This property has "great bones" and tons of potential with additional living space in basement and attic. All units in the property are going to be delivered vacant and are ready to be updated by your personal touch. This is a prime Winter Hill location in Somerville providing many conveniences such as easy access in and out of Boston and near Public Transportation. Enjoy the conveniences of great local restaurants such as SARMA, The Winter Hill Brewery, Highland Kitchen and tons of shopping and eateries in nearby Assembly Sq. Property will not qualify for FHA, VA or tradition financing. Property is being sold as-is.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$337/sqft
Listed
180+ days ago

Home Details for 40 Central Rd

Interior Features

Interior Details
Basement: Full,Dirt Floor,Concrete,UnfinishedNumber of Rooms: 16
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3637 Square Feet
Fireplace & Spa
No FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Insulated WindowsDoor: Insulated DoorsFlooring: Wood, Plywood, Tile, Concrete, Hardwood
Levels, Entrance, & Accessibility
Number of Stories: 6Floors: Wood, Plywood, Tile, Concrete, Hardwood

Exterior Features

Exterior Home Features
Foundation: Irregular
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas Open ParkingParking Spaces: 4Parking: Paved Drive,Off Street,Tandem,Paved
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 3 Family - 3 Units Up/Down
Building
Does Not Include Home Warranty
Property Information
Not Included in Sale: Seller's Personal PropertyParcel Number: 755151

Price & Status

Price
List Price: $1,095,000Price Per Sqft: $337/sqft
Status Change & Dates
Off Market Date: Mon Sep 25 2023

Active Status

MLS Status: Sold

Location

Direction & Address
City: Somerville

Building

Building Area
Building Area: 3637 Square Feet

Community

Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, UniversityNot Senior Community

Lot Information

Lot Area: 3186 sqft

Offer

Contingencies: Attorney ReviewListing Terms: Contract

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %Transaction Broker Commission: 2Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 73155312

Additional Information

Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityLaundromatBike PathHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-StationUniversity
Last check for updates: about 20 hours ago
Listed by Corey Melkonian
Cameron Prestige, LLC
Bought with: Corey Melkonian, Cameron Prestige, LLC
Source: MLS PIN, MLS#73155312

Price History for 40 Central Rd

DatePriceEventSource
09/28/2023$1,225,000Sold
MLS PIN #73155312
09/12/2023$1,095,000ContingentMLS PIN #73155312
09/05/2023$1,095,000Listed For SaleMLS PIN #73155312
03/01/2022ListingRemovedMLS PIN #72944878
02/22/2022$1,095,000Listed For SaleMLS PIN #72944878
06/23/2020$975,000ListingRemovedAgent Provided
06/15/2020$975,000Listed For SaleAgent Provided
08/29/1990$320,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$12,881
Assessment$1,245,700
Home facts updated by county records

Comparable Sales for 40 Central Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Multi-Family Home
$1,000,000
07/13/23
6
3
2,806
0.19
Multi-Family Home
$1,270,000
07/14/23
6
3
2,863
0.29
Multi-Family Home
$1,400,000
10/03/23
6
3
3,261
0.32
Multi-Family Home
$1,230,000
01/05/24
7
3
3,708
0.37
Multi-Family Home
$1,300,000
09/01/23
6
3
3,408
0.26
Multi-Family Home
$1,350,000
09/08/23
7
3
3,377
0.27
Multi-Family Home
$1,050,000
10/25/23
5
3
2,856
0.40
Multi-Family Home
$1,500,000
05/19/23
6
3
2,850
0.44
Multi-Family Home
$1,217,995
02/08/24
6
3
2,987

Assigned Schools

These are the assigned schools for 40 Central Rd.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Hill

  • Owen Ratkevicius
    "Lovely residential area of Somerville. Its location is amazing with quick access to multiple squares and is some of the best value for the area. The only downside is the hill does make you get creative living car free however you do get great Zip Car if you need to rent a vehicle. "
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  • Allyson H.
    "This neighborhood is increasing in value, Union Square is 10 min walk away, Davis and Harvard and Porter Sq are all 15 min walk away. New T stops at Union and Lowell Sts will be walking distance."
    1
    Flag
  • Jeff
    "Quiet and safe and nestled in between Porter, Davis and Union Square. Near all the schools and the green line is coming! "
    0
    Flag
  • Conrad H.
    "Cambria Street is a quiet street with good neighbors. The housing stock is in excellent shape, and we're beginning to see more families with children moving in again. You do not need to own a car to live here; there are five bus lines (83, 85, 87, 88, and 90) within a few blocks, and it's only a 20-minute walk to the MBTA Red Line in Porter Square or Davis Square and a 25-minute walk to Harvard Square. In 2017, the MBTA Green Line extension will provide two stops less than 10 minutes away. We are close to the Market Basket, the best (and busiest) grocery store in Somerville. We are also close to Arts at the Armory, where the Winter Farmer's Market is held, the Somerville Main Library, and the Somerville Museum (which hosts the best artists in Somerville Open Studios)."
    0
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LGBTQ Local Legal Protections

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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 40 Central Rd

Off Market Homes Near 40 Central Rd

40 Central Rd, Somerville, MA 02143 is a 6 bedroom, 3 bathroom, 3,637 sqft multi-family built in 1900. 40 Central Rd is located in Central Hill, Somerville. This property is not currently available for sale. 40 Central Rd was last sold on Sep 28, 2023 for $1,225,000 (12% higher than the asking price of $1,095,000). The current Trulia Estimate for 40 Central Rd is $1,289,700.