297 Medford Street

Somerville, MA 02143

$4,999,900
Price
14,526 / 0.33
Lot Size / Acres

Description

297 Medford Street, Somerville, MA: Prime land for sale with significant development potential. This strategically located property boasts a spacious lot, offering development for 33 units by right. It presents an ideal opportunity for investors and developers seeking to capitalize on the vibrant Somerville real estate market. Proximity to Gilman Square, shopping easy access to Boston and the thriving community enhances its appeal. Explore the potential of this well-situated parcel for a lucrative...297 Medford Street, Somerville, MA: Prime land for sale with significant development potential. This strategically located property boasts a spacious lot, offering development for 33 units by right. It presents an ideal opportunity for investors and developers seeking to capitalize on the vibrant Somerville real estate market. Proximity to Gilman Square, shopping easy access to Boston and the thriving community enhances its appeal. Explore the potential of this well-situated parcel for a lucrative and impactful development.

Listing Agent

  1. Mike Cohen

    Mike Cohen

    Listing Agent

    Compass

    mcohen@compass.com

    P: (617)-852-1160

Property Details for 297 Medford Street

Town
Somerville
Area
MA-Somerville
LISTING UPDATED: 04/04/2024 07:40 PM

Property Details for 297 Medford Street

StatusUnder Agreement
MLS #73198957
Days on Market62
Taxes$11,833 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyMiddlesex County
Buyer's Agent Compensation2%

Building Information for 297 Medford Street

Lot Size0.33 AC

Property Information for 297 Medford Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, House of Worship, University
  • Waterfront: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Corner Lot
Utilities
  • Electric: On-Site
  • ElectricOnPropertyYN: Yes
  • Gas: Other (See Remarks)
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:79 B:F L:1,758906
  • Assessments: $682,000
  • Book: 25108
  • Tax Year: 2023
  • Zoning: BA
Building / Association Information
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 297 Medford Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 297 Medford Street

Taxable ValueLand$682,000Additions-Total$682,000
Tax Record2024$12,412 ($1,034 / month)
Home Facts
Total Finished SqFt17,230 SqFtAbove Grade Finished SqFt17,230 SqFtStories1Lot Size14,526 SqFtStyleCommercialYear Built1900ZoningBACountyMIDDLESEXAPNSOME M:79 B:F L:1

Schools near 297 Medford Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
E Somerville Community
PublicPK to 8

Next Wave Junior High School
Public7 to 8

Somerville High School
Public9 to 12

Full Circle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.