199 Elm Street

Somerville, MA 02144

$1,900,000
Price
3,601 / 0.08
Lot Size / Acres

Description

Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter...Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.
  1. Listed by Anthony Bruno • Gibson Sotheby's International Realty

Property Details for 199 Elm Street

Town
Somerville
MLS Area
Davis Square
Area
MA-Somerville-Davis Square, MA-Somerville

Location

Listing Courtesy of Gibson Sotheby's International Realty, Anthony Bruno
Add your commute
LISTING UPDATED: 03/09/2024 03:10 AM

Property Details for 199 Elm Street

StatusActive
MLS #73208496
Days on Market58
Taxes$18,144 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyMiddlesex County

Location

Listing Courtesy of Gibson Sotheby's International Realty, Anthony Bruno
Add your commute

Building Information for 199 Elm Street

Lot Size0.08 AC

Payment Calculator

$11,881 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$1,512

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 199 Elm Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
  • Waterfront: No
  • Water View: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Level
Utilities
  • Electric: On-Site
  • ElectricOnPropertyYN: Yes
  • Gas: On-Site
  • Sewer: City/Town Sewer, On-Site
  • Water: Public, On-Site
Property Information
Property Info
  • Documents Available: 21E Certificate
  • Documents Count: 1
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.
Tax Information
  • Tax ID: 750612
  • Assessments: $996,900
  • Book: 0
  • Tax Year: 2024
  • Zoning: MR4
Building / Association Information
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 199 Elm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 199 Elm Street

Taxable ValueLand$761,900Additions$235,000Total$996,900
Home Facts
Baths1.5Total Finished SqFt1,491 SqFtAbove Grade Finished SqFt1,491 SqFtStories2Lot Size3,601 SqFtStyleClubsYear Built1920ZoningNBCountyMIDDLESEXAPNSOME M:26 B:C L:11

Schools near 199 Elm Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 5
Public - PK to 8
Rating
School
Distance
John F. Kennedy Elementary School
PublicPK to 8

Somerville High School
Public9 to 12

Benjamin G. Brown School
PublicK to 5

West Somerville Neighborhood School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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199 Elm Street is a 0.08 ac of land for sale in Somerville, MA 02144. This property was listed for sale on March 5, 2024 by Gibson Sotheby's International Realty, it's currently listed at $1,900,000. It has been on the market for a total of 58 days and was last sold on April 18, 1997. This listing's school district is Somerville School District. Nearby schools include John F. Kennedy Elementary School, Somerville High School and Benjamin G. Brown School. 199 Elm Street is a 0-bed, 0-bath, 0.08 ac of land on a 3,601 sq. ft. / 0.08 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gibson Sotheby's International Realty, Anthony Bruno

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.