What neighborhood is 242 Broadway located in?

The 242 Broadway is a condo located in the neighborhood of Winter Hill in Winter Hill, Somerville.

What neighborhood is 242 Broadway located in?

The 242 Broadway is a condo located in the neighborhood of Winter Hill in Winter Hill, Somerville.

What is the average sales price for listings in 242 Broadway?

The average sales price for units in 242 Broadway is $1,649,999 , or $355/sqft. currently.

Somerville

02145

Winter Hill

242 Broadway

242 Broadway, Somerville, MA 02145

Condo in Winter Hill

242 Broadway is a condo located in Winter Hill, Somerville.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 6 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 70 days Meaning, listings tend to sell at a median of $355 price per square foot. The transaction that took the longest to complete was listed on Mar 21, 2019 for $1,649,999. This particular unit ultimately sold 70 days later for $1,560,000. The most recent transaction sold for $935,000 on Mar 06, 2023. Fun fact, the oldest transaction we have on record took place on Feb 03, 2014. See the full transaction history for 242 Broadway below.

Winter Hill, where 242 Broadway is located, has a median asking price of $749,900 for condo buildings. Meanwhile, the building itself has a median asking price of $1,649,999. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Detached Garage

Assigned Parking

Off Street Parking

Paved Parking

Location

Near Public Transit

Facilities

Laundry Room

Condition

New Construction

Cleared Lot

Level Lot

Driveway

Shared Driveway

Paved Driveway

5 Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20240424 Unit 2 04/24/2024	2	3 Bed	3 Bath	1375 ft²	$910,000 3 Bed 3 Bath 1375 ft²	$885,000 -2.75% 09/26/2024	Stephanie Lachapelle Compass
20220714 Unit 1 07/14/2022	1	2 Bed	3 Bath	1385 ft²	$849,900 2 Bed 3 Bath 1385 ft²	$710,000 -16.46% 12/07/2022	Kimberly Miles Charlesgate Realty Group, llc
20220617 Unit 2 06/17/2022	2	3 Bed	3 Bath	1375 ft²	$874,900 3 Bed 3 Bath 1375 ft²	$874,900 08/26/2022	Santana Team Keller Williams Realty Boston Northwest
20220519 Unit 3 05/19/2022	3	3 Bed	2 Bath	1390 ft²	$799,900 3 Bed 2 Bath 1390 ft²	$780,000 -2.49% 01/05/2023	Santana Team Keller Williams Realty Boston Northwest
20190321 03/21/2019		9 Bed	4 Bath	4650 ft²	$1,649,999 9 Bed 4 Bath 4650 ft²	$1,560,000 -5.45% 05/30/2019	William Brady Brady Realty Group

Building Info

Overview

General

Building Count: 2

Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Living Units: 3
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,502

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 13

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000172
Standard Land Use Code: 1100
County Land Use Code: 109

Neighborhood

School District Name: Somerville School District

School Tax School District: SOMERVILLE SD
Census Tract: 350201

Zoning

Zoning: RB

Geography

Account Number: 4188051

Parcel: SOME M:78 B:B L:4
Block: B
Lot: 4
Municipality: SOMERVILLE
Latitude: 42.39
Longitude: -71.0899

Address

Full Address: 242 Broadway

Address - House Number: 242
Address - Street Name: Broadway
State: MA
City Name: Somerville
Carrier Code: C098
4-Digit Zip Code: 3071
Zip Code: 02145

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,555,500
Initial Tax Delinquent Year: 2023

Appraisal Valuation

Standard Deviation: 0.1548

Valuation Date: Mar 13, 2024
Confidence Score: 69
Final Value: 1,789,609
High Value: 2,066,657
Low Value: 1,512,560

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $2,471,500
Assessed Land Value: $512,800
Assessed Improvements Value: $1,958,700

Sales

Current Sale Contract Date: May 03, 2022

Current Sale Recording Date: May 03, 2022
Current Sale Price:

Premium
Current Sale Document Type: O
Current Sale Input Document Number: 66383
Previous Sale Recording Date: May 30, 2019
Previous Sale Contract Date: May 30, 2019
Previous Sale Amount: $1,560,000
Previous Sale Document Type: O

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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About Winter Hill

Stats & Trends

Median Asking:

$970,000

Sale Price/ft²

$640

Below Asking

0.01%

Average Days on Market

Average Home Size

2301 ft²

Average Home Age

111.8 years

Currently For Sale

26 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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