See Home Value
$500,000
● Land - Off Market

38 Franklin Ave

Somerville, MA 02145
bedrooms
Studio
bathrooms
0 Bath
$2,456
Est. Monthly

About This Property

Calling all developers and Investors! Opportunity knocks to buy a rare vacant lot in Somerville. The possibilities for future use are endless. Zoning may allow multiple units and any building can be 3 stories tall. Check out one of the hottest east somerville neighborhoods a stones throw form the new green line T stop! You can get anywhere from here without a car! Condos in this immediate area are selling for top dollar! don't miss out invest today in the future! 2 separate lots of record are included in the sale.
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 9 months ago (MLSPIN #73434703)

Price History

Date / Event Date Event Price
Jan 20, 2026 Sold
Sold
Oct 27, 2025 In contract -
In contract
Oct 13, 2025 Price Decreased $500,000
↓ $100K (16.7%)
Price Decreased
Sep 23, 2025 Listed by LAER Realty Partners $600,000
Listed by LAER Realty Partners
Jun 25, 1980 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • 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
  • 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: 2,012
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000046
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 351404

Zoning

  • Zoning: RB

Geography

  • Account Number: 16533027
  • District: 274
  • Parcel: SOME M:104 B:E L:12
  • Block: E
  • Lot: 12
  • Municipality: SOMERVILLE
  • Latitude: 42.3824
  • Longitude: -71.0851

    Address

  • Full Address: 38 Franklin Ave
  • Address - House Number: 38
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Somerville
  • Carrier Code: C089
  • 4-Digit Zip Code: 4309
  • Zip Code: 02145

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $187,200
  • Initial Tax Delinquent Year: 2024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $177,900
  • Assessed Land Value: $177,900

    Sales

  • Current Sale Recording Date: Jun 25, 1980
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Somerville


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Frequently Asked Questions

When was property at 38 Franklin Avenue built and last sold?
The property at 38 Franklin Avenue was built in and last sold on Jan 1, 1970 for $1,700.
How much is this home worth?
The estimated value of the home located at 38 Franklin Avenue is $505,000.
What are some comparable homes to 38 Franklin Avenue?
There are currently no comparable homes to 38 Franklin Avenue.