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8 Melvin St #2, Somerville, MA, 02145

3beds
2baths
1,495sqft
$919,000
$615price/sqft
$5,979/moest. monthly cost
$239,160/yrincome needed

About This Home

OPEN HOUSE Sunday Aug 2nd between 12pm-1:30pm-PRICE IMPROVEMENT-Tastefully renovated open floor concept with 3br/2 baths Condo on 2nd fl in Winter Hill area of Somerville - Features include new kitchen with new cabinets, quartz countertop, new stainless steel appliances including gas stove & microwave, master suite with attached full bath, good sized bedrooms, hardwood flooring throughout, Tile flooring in baths, ample storage space including direct & private access to the basement, one floor living, laundry hookup, enclosed deck, upgraded electric wiring & panels, new WH, new HVAC, 2 deeded tandem off-street parking spaces etc. Easy access to the new Green line extension, Assembly Row, Restaurants, Shopping, Tufts, Logan airport, downtown Boston- A commuter's dream! Association fee, taxes & assessed value are approximate & will be revised. Association fee includes master insurance, common lights, landscaping & snow removal.

Getting Around

91
WalkingWalker's Paradise
83
TransitExcellent Transit
84
BikeVery Bikeable

Schools

3/10
6/10
Somerville High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1910

Materials

  • Roof: Asphalt/Composition Shingles
  • Construction materials: Frame

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Second Floor,In Unit

Basement

  • Has basement: Yes

Bathroom1

  • Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled
  • Level: Second

Bathroom2

  • Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
  • Level: Second

Bedroom2

  • Features: Closet, Flooring - Hardwood, Remodeled
  • Level: Second

Bedroom3

  • Features: Closet, Flooring - Hardwood, Remodeled
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Study
  • Flooring: Tile,Vinyl,Hardwood
  • Finished area above ground: 1,495
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,495
  • Total interior livable area: 1,495 sqft

Kitchen

  • Features: Flooring - Hardwood, Dining Area, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances
  • Level: Second

Living Room

  • Features: Flooring - Hardwood, Open Floorplan, Remodeled
  • Level: Second

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - 3/4, Closet, Flooring - Hardwood, Remodeled
  • Level: Second

Property

Accessibility

  • Accessibility features: No

Details

  • Parcel number: M:0078 B:000C L:00242,23521547
  • Zoning: MR5

Features

  • Patio & porch: Enclosed,Patio,Covered
  • Exterior features: Porch - Enclosed,Patio,Covered Patio/Deck

Parking

  • Total spaces: 2
  • Parking features: Off Street,Tandem,Deeded,Paved,None,Exclusive Parking
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,646$55,752
Home Insurance *$206$2,472
Property Taxes $773$9,276
Electricity $354$4,259
Total$5,979$71,748
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$204,994/yr
40% on housing$179,370/yr
45% on housing$159,440/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$615This listing

vs Other Active Listings

Avg $/sqft

ZIP 02145$481
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02145$477
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-30Price change$919,000
2026-06-25Listed for sale$939,000
2024-06-03Listing removed$819,000
2024-05-01Contingent$819,000
2024-02-21Listed for sale$819,000
2019-09-25Listing removed$3,500
2019-08-26Listed for rent$3,500

For Sale by Agent

AgentMaha Krishnakumar
BrokerageLXTN Realty

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