See Home Value
$1,250,000
● Land - Off Market

91 Prospect St

Somerville, MA 02143
bedrooms
Studio
bathrooms
0 Bath
$1,784,560
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Development opportunity only .2 of a mile from the heart of Inman square. Currently an auto body with open car parking and a small repair shop, this 4360 square foot lot with large curb cut has the making of a residential or mixed use development. Zoned UR, with 54 feet of frontage, and 81 depth. Prime location within walking distance to public transportation, Inman, and the many of the shops and restaurants that Somerville and Cambridge have to offer.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$605
HOA Dues
-
Year Built
1950

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Last updated: 4 months ago (MLSPIN #72820724)

Price History

Date / Event Date Event Price
Dec 22, 2024 Temporarily off market -
Temporarily off market
Jul 22, 2024 Listed $1,500,000
Listed
Residential development opportunity proximate to Union Square's new MBTA station, and convenient to the best of Union Square and Inman Squares! Favorable UR Zoning should allow for a multiple unit project with relaxed parking requirements. The abutting lot known as 10 Oak Street is also being offered for sale separately, but could be purchased together. Buyers to perform their own development due diligence and feasibility. Don’t miss out on this opportunity.
Apr 19, 2022 Sold
Sold
Apr 26, 2021 Listed by Leading Edge Real Estate $1,750,000
Listed by Leading Edge Real Estate
Sep 30, 1994 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 8
  • Floor Count: 100
  • Living Units: 1
  • 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: 4,360
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000100
  • Standard Land Use Code: 2024
  • County Land Use Code: 332

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 351203

Zoning

  • Zoning: RC

Geography

  • Account Number: 4171210
  • District: 274
  • Parcel: SOME M:83 B:F L:7
  • Block: F
  • Lot: 7
  • Municipality: SOMERVILLE
  • Latitude: 42.3757
  • Longitude: -71.0968

    Address

  • Full Address: 91 Prospect St
  • Address - House Number: 91
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C005
  • 4-Digit Zip Code: 4127
  • Zip Code: 02143

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,047,500
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,125,000
  • Assessed Land Value: $929,700
  • Assessed Improvements Value: $195,300

    Sales

  • Current Sale Contract Date: Apr 19, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58306
  • Previous Sale Recording Date: Apr 13, 2016
  • Previous 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 Ward Two


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Frequently Asked Questions

When was property at 91 Prospect Street built and last sold?
The property at 91 Prospect Street was built in 1950 and last sold on Apr 19, 2022 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 91 Prospect Street is $1,515,000.
What are some comparable homes to 91 Prospect Street?
There are currently no comparable homes to 91 Prospect Street.