359 Lowell Street

Somerville, MA 02145

$975,000
Last Sold Price
2
Beds
4,326 Sq. Ft.
$225 / Sq. Ft.
4,326
Sq. Ft.
$225
per Sq. Ft.

Sold 1/31/25

Sold 1/31/25

a large kitchen with stainless steel appliances granite countertop a large counter top a stove and a refrigerator
a kitchen with stainless steel appliances granite countertop a refrigerator a sink a stove and a microwave
a view of an empty room with a cabinet and a window
a view of entryway and hall with wooden floor
a view of empty room with wooden floor
a bathroom with a shower
a bathroom with a granite countertop sink toilet a shower and a mirror
a view of garage with a car parked on the road
a view of a street with cars
a front view of a house with a yard and garage
a bathroom with a sink and a mirror
a black and white photo of a living room
unknown
a picture of a floor plan

Description

UPDATED ZONING STUDY - 7 units /1 Affordable. Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a ¼ mile from the newly opened Magoun Square GLX station. The 3,173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4,350 SF existing structure generating $4,132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6,375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Street’s proximity to Magoun Square...UPDATED ZONING STUDY - 7 units /1 Affordable. Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a ¼ mile from the newly opened Magoun Square GLX station. The 3,173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4,350 SF existing structure generating $4,132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6,375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Street’s proximity to Magoun Square station is situated within a Transit Zone affording no minimum parking requirements. Existing structure consists of Two Levels, 2,150 SF each. Renovated 2 Bed 2 Bath unit on the top floor and flex/open space on the first floor. Great ceiling height on both floors. Lots of possible options to increase value over the term of ownership. . Seller and Broker make no representations, expressed or implied with respect to the development potential of the property.
  1. Listed by Ryan Taylor • Fortune RE
  2. Listed by Brayden Haney • Fortune RE

Property Details for 359 Lowell Street

Town
Somerville
MLS Area
Magoun Square
Area
MA-Somerville-Magoun Square, MA-Somerville
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 02/03/2025 09:28 AM

Property Details for 359 Lowell Street

StatusSold
MLS #73329727
Days on Market10
Taxes$10,787 / year
HOA Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Detached
Year Built1910
CountyMiddlesex County

Building Information for 359 Lowell Street

Stories-Year Built1910Building Size-Lot Size0.07 AC / 3,173 SF

Property Information for 359 Lowell Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Cash
  • Living Area: 4326.0
  • SqFt with Basement: No
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Window AC
  • SpaYN: No
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Property Owner has interest in Fortune RE
Tax Information
  • Tax ID: 753403
  • Assessments: $1,025,400
  • Book: 1
  • Tax Year: 2024
  • Zoning: MR4
Building / Association Information
Living Characteristics
  • Beds Total: 2
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: Multi/Split
Complex & Association Information
  • Adult Community: No

Property History for 359 Lowell 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 359 Lowell Street

Taxable ValueLand$382,400Additions$643,000Total$1,025,400
Tax Record2024$10,787 ($899 / month)
Home Facts
Beds1Baths3Total Finished SqFt4,326 SqFtAbove Grade Finished SqFt4,326 SqFtStories2Lot Size3,154 SqFtStyleSingle Family ResidenceYear Built1910ZoningNBCountyMIDDLESEXAPNSOME M:41 B:A L:56

Schools near 359 Lowell Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Winter Hill Community School
Public - PK to 8
Somerville High School
Public - 9 to 12
Arthur D. Healey School
Public - PK to 8
Benjamin G. Brown School
Public - K to 5
Rating
School
Distance
Winter Hill Community School
PublicPK to 8

Somerville High School
Public9 to 12

Arthur D. Healey School
PublicPK to 8

Benjamin G. Brown School
PublicK to 5

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.

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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.

Listing Courtesy of Fortune RE, Ryan Taylor; Fortune RE, Brayden Haney

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.