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34 Franklin Ave, Somerville, MA, 02145

5beds
2baths
2,176sqft
$925,000
$425price/sqft
$6,142/moest. monthly cost
$245,680/yrincome needed

About This Home

Check out one of the hottest East Somerville neighborhoods, a stones throw from the new green line T stop! You can get anywhere from here without a car! 2 family home in great condition. This home has been in the same family for decades. Second floor unit is a townhouse style and consists of 2 floors. Full basement and separate utilities. This home needs nothing and is better than most. Very quiet neighborhood street.

Getting Around

90
WalkingWalker's Paradise
88
TransitExcellent Transit
91
BikeBiker's Paradise

Schools

6/10
Somerville High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Granite
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Bulkhead,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Living Room,Kitchen,Dining Room
  • Flooring: Wood,Tile,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 2,176

Heating

  • Heating features: Baseboard,Natural Gas

Interior Area

  • Total structure area: 2,176
  • Total interior livable area: 2,176 sqft

Property

Details

  • Parcel number: 761216
  • Zoning: NR

Lot

  • Lot size: 1,742 sqft
  • Features: Additional Land Avail.,Level

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 $4,677$56,124
Home Insurance *$208$2,496
Property Taxes $828$9,936
Electricity $429$5,149
Total$6,142$73,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$210,582/yr
40% on housing$184,260/yr
45% on housing$163,786/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

$425This listing

vs Other Active Listings

Avg $/sqft

ZIP 02145$482
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)

Price History

DateEventPrice
2026-04-27Price change$975,000
2026-03-16Price change$1,050,000
2026-02-04Listed for sale$1,100,000
2025-11-24Listing removed$1,100,000
2025-10-13Price change$1,100,000
2025-09-21Listed for sale$1,200,000

For Sale by Agent

AgentDana Ford
BrokerageLAER Realty Partners

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