See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1 Loring St #4, Somerville, MA, 02143

3beds
3baths
1,635sqft
$1,329,000
$813price/sqft
$8,461/moest. monthly cost
$338,440/yrincome needed

About This Home

Welcome to 1 Loring Street, a beautifully designed bi-level 3-bedroom, 3-bath condominium offering 1,635 square feet of modern living in one of Somerville’s most vibrant neighborhoods. This exceptional residence checks every box with covered parking, three exposures, abundant natural light, and expansive outdoor space. Soaring 10.5-foot ceilings and floor-to-ceiling windows create a bright, airy atmosphere throughout the open-concept layout, complemented by high-end finishes and contemporary detailing. Enjoy a private balcony off the main living level and an expansive private roof deck perfect for entertaining, relaxing, or gardening. Additional highlights include in-unit washer and dryer, generous storage, and spacious bedrooms. Ideally located near Union Square and just moments from Bow Market, acclaimed restaurants, cafés, shops, arts venues, and the Green Line Extension.

Getting Around

95
WalkingWalker's Paradise
78
TransitExcellent Transit
98
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 2022

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Laundry features: Fourth Floor,In Unit

Bathroom1

  • Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Level: Main,Third
  • Area: 54.708333333

Bathroom2

  • Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
  • Level: Fourth Floor
  • Area: 67.930555555

Bathroom3

  • Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
  • Level: Fourth Floor
  • Area: 76.451388888

Bedroom2

  • Features: Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Deck - Exterior
  • Level: Fourth Floor
  • Area: 133.125

Bedroom3

  • Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Level: Third
  • Area: 164.444444444

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Dining Room

  • Features: Flooring - Hardwood, Flooring - Wood, Open Floorplan
  • Level: Main,Third
  • Area: 252.458333333

Features

  • Window features: Insulated Windows
  • Flooring: Wood,Hardwood
  • Finished area above ground: 1,635
  • Common walls with other units/homes: No One Above,Corner

Heating & Cooling

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

Interior Area

  • Total structure area: 1,635
  • Total interior livable area: 1,635 sqft

Kitchen

  • Features: Closet/Cabinets - Custom Built, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
  • Level: Main,Third
  • Area: 128.680555555

Living Room

  • Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wood, Balcony / Deck, Cable Hookup, Open Floorplan, Recessed Lighting, Gas Stove
  • Level: Third
  • Area: 252.458333333

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wood, Deck - Exterior, Exterior Access, Recessed Lighting
  • Level: Fourth Floor
  • Area: 165.0625

Property

Details

  • Attached to another structure: Yes
  • Zoning: MR3
  • Other equipment: Intercom

Features

  • Entry location: Unit Placement(Front)
  • Patio & porch: Deck - Roof
  • Exterior features: Deck - Roof,Balcony

Parking

  • Total spaces: 1
  • Parking features: Under,Deeded,Off Street,Exclusive Parking
  • Has garage: Yes
  • Uncovered spaces: 1

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 $6,720$80,640
Home Insurance *$269$3,228
Property Taxes $1,118$13,416
Electricity $354$4,259
Total$8,461$101,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$290,091/yr
40% on housing$253,830/yr
45% on housing$225,626/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

$813This listing

vs Other Active Listings

Avg $/sqft

ZIP 02143$557
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)

No zestimate history available

Price History

DateEventPrice
2026-05-28Listed for sale$1,329,000

For Sale by Agent

AgentJustin Pepple
BrokerageFortune RE

Similar Homes