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300 Somerville Ave, Somerville, MA, 02143

18beds
21baths
14,523sqft
$8,500,000
$585price/sqft
$55,971/moest. monthly cost
$2,238,840/yrincome needed

About This Home

Getting Around

98
WalkingWalker's Paradise
81
TransitExcellent Transit
99
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Slab

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 21
  • Full bathrooms: 15
  • 1/2 bathrooms: 6

Features

  • Finished area above ground: 14,523

Interior Area

  • Total structure area: 14,523
  • Total interior livable area: 14,523 sqft

Property

Details

  • Parcel number: 758256
  • Zoning: MR5

Lot

  • Lot size: 6,534 sqft
  • Features: Zero Lot Line

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 $42,980$515,760
Home Insurance *$1,721$20,652
Property Taxes $8,407$100,884
Electricity $2,863$34,366
Total$55,971$671,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,919,005/yr
40% on housing$1,679,130/yr
45% on housing$1,492,560/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

$585This listing

vs Other Active Listings

Avg $/sqft

ZIP 02143$560
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02143$805
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)

Price History

DateEventPrice
2026-02-16Listing removed$5,000
2026-01-28Listed for sale$8,500,000
2026-01-07Listed for rent$5,000
2025-11-15Listing removed$3,800
2025-09-23Price change$3,800
2025-09-05Price change$3,950
2025-08-13Price change$4,000
2025-07-13Price change$4,100
2025-06-26Price change$4,300
2025-05-09Price change$4,500
2025-04-12Listed for rent$2,650
2025-03-16Listing removed$5,150
2025-03-05Listed for rent$5,150
2023-12-12Listing removed--
2023-09-08Listed for rent$4,000
2019-09-16Sold$3,250,000
2008-01-08Sold$715,000

For Sale by Agent

AgentDavid Goodhue
BrokerageColliers International

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