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297 Medford St Somerville. MA 02143

$4,999,900

Land

0 Bedrooms

0 Bathrooms

0 sq ft

Parking Spots

0.33 Acres

Built in 0

297 Medford Street, Somerville, MA: Prime land for sale with significant development potential. This strategically located property boasts a spacious lot, offering development for 33 units by right. It presents an ideal opportunity for investors and developers seeking to capitalize on the vibrant Somerville real estate market. Proximity to Gilman Square, shopping easy access to Boston and the thriving community enhances its appeal. Explore the potential of this well-situated parcel for a lucrative and impactful development.

This listing has been viewed 13 times in the past 212 days

Last Updated: April 27th, 2024 at 9:11am

Walk/jog Trails

Highway Access

House Of Worship

Shopping

Public Transportation

University

General Information for 297 Medford St, Somerville, Massachusetts 02143

Property TypeLand

Property Sub TypeLand

Price$4,999,900

MLS #73198957

Handicap Access / FeaturesNo

List Date2024-02-02

Special Listing Conditions

StateMassachusetts

Street NameMedford St

CitySomerville

Zip Code02143

CountyMiddlesex

MLS StatusUnder Agreement

AssociationNo

Heat Zones

Sold Date30/04/2025

Property Sub TypeLand

AdditionalParcelsYNNo

AvailabilityDate

Close Date

Close Price$0

Gas

Listing Service

UnparsedAddress297 Medford St, Somerville MA 02143

ZoningBA

Interior Features for 297 Medford St, Somerville, Massachusetts 02143

ElectricOn-site

ElectricYes

Electric$0

Electric on PropertyNo

MLS Area (Major)

OffMarketDate04/04/2024

Exterior Features for 297 Medford St, Somerville, Massachusetts 02143

* Approximate Lot Size0.33 acres

Lot FeaturesCorner Lot

* Parking Spaces

* Sewer UtilitiesPublic Sewer

* Water UtilitiesPublic

Approx. Street Frontage

Parking Features

Utilities

Cultivated Area

FarmLandAreaUnits

Lot Size (Square Feet)14,526 Sqft

MLSPIN_PERC_TEST

MLSPIN_PERC_TEST_DATE

PastureArea

Wooded Area

Disclosures for 297 Medford St, Somerville, Massachusetts 02143

Buyer Agent Compensation2

Contingency

Financing

Disclosures

Documents Available

MLSPIN_COMP_BASED_ONNet Sale Price

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintUnknown

Facilitator Compensation2

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 297 Medford St, Somerville, Massachusetts 02143

Association Fee$0

Association Fee Frequency

Associaton Fee Includes

AssociationNo

Assessed Value$682,000

Real Estate Tax$11,833

Tax Year2023

OriginalListPrice$4,999,900

Lifestyle Information for 297 Medford St, Somerville, Massachusetts 02143

Association Amenities

Frontage Type

GarageYNNo

Waterview

Waterfront Features

Location information for 297 Medford St, Somerville, Massachusetts 02143

Elementary School

High School

NumberOfLots

Marketing History for 297 Medford St, Somerville, Massachusetts 02143

MLSPIN_MARKET_TIME_BROKER62

MLSPIN_MARKET_TIME_PROPERTY62

PurchaseContractDate2024-04-04

Agent Information for 297 Medford St, Somerville, Massachusetts 02143

Agent MLS IDBB801833

Office MLS IDAN2606

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Payment Calculator

, Interest

Property Taxes $11,833

Principal & Interest 30807.79

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Mike Cohen

Compass

Agent Phone

(617) 852-1160

Office Phone

(617) 303-0067

Text Agent Call Agent Call Office

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    [field_3294] => 
    [field_3295] => 
    [field_3297] => 
    [field_3303] => 
    [f_3304_options] => 
    [f_3304] => 0
    [f_3305_options] => 
    [f_3305] => 0
    [field_3307] => 
    [field_3308] => 
    [field_3309] => 
    [field_3310] => 
    [field_3226] => 14526
)

Array
(
    [property_type] => Array
        (
            [field_id] => 3
            [type] => property_types
            [name] => Property Type
            [value] => Land
        )

[field_3236] => Array
        (
            [field_id] => 3236
            [type] => select
            [name] => PropertySubType
            [value] => Residential
        )

[listing] => Array
        (
            [field_id] => 2
            [type] => listings
            [name] => Listing Type
            [value] => For Sale
        )

[mls_id] => Array
        (
            [field_id] => 5
            [type] => text
            [name] => Listing ID
            [value] => 73198957
        )

[price] => Array
        (
            [field_id] => 6
            [type] => price
            [name] => Price
            [raw] => 4999900
            [unit_id] => 260
            [value] => $4,999,900
            [price_only] => $4,999,900
        )

[bedrooms] => Array
        (
            [field_id] => 8
            [type] => number
            [name] => Bedrooms
            [value] => 0
        )

[rooms] => Array
        (
            [field_id] => 13
            [type] => number
            [name] => Rooms
            [value] => 0
        )

[bathrooms] => Array
        (
            [field_id] => 9
            [type] => number
            [name] => Bathrooms
            [value] => 0
        )

[half_bathrooms] => Array
        (
            [field_id] => 17
            [type] => number
            [name] => Half Bathrooms
            [value] => 0
        )

[living_area] => Array
        (
            [field_id] => 10
            [type] => area
            [name] => Square Footage
            [value] => 0 Sqft
            [raw] => 0
            [unit_id] => 1
        )

[build_year] => Array
        (
            [field_id] => 12
            [type] => number
            [name] => Year Built
            [value] => 0
        )

[lot_area] => Array
        (
            [field_id] => 11
            [type] => area
            [name] => Lot Area
            [value] => 0.33 Sqft
            [raw] => 0.33
            [unit_id] => 1
        )

[listing_status] => Array
        (
            [field_id] => 23
            [type] => select
            [name] => MLSStatus
            [value] => Under Agreement
        )

[field_3175] => Array
        (
            [field_id] => 3175
            [type] => select
            [name] => Status
            [value] => Pending
        )

[field_3299] => Array
        (
            [field_id] => 3299
            [type] => select
            [name] => Property Category
            [value] => Land
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Land
        )

[field_3300] => Array
        (
            [field_id] => 3300
            [type] => select
            [name] => C_Style
            [value] => Residential
        )

[locations] => Array
        (
            [field_id] => 41
            [type] => locations
            [name] => Location
            [location_ids] => Array
                (
                    [1] => 254
                    [2] => 6026
                    [3] => 3
                    [4] => 104
                    [zips] => 222
                )

[locations] => Array
                (
                    [1] => US
                    [2] => MA
                    [3] => Middlesex
                    [4] => Somerville
                    [zips] => 02143
                )

[raw] => Array
                (
                    [1] => United States
                    [2] => Massachusetts
                    [3] => Middlesex
                    [4] => Somerville
                    [zips] => 02143
                )

[keywords] => Array
                (
                    [1] => Country
                    [2] => State
                    [3] => County
                    [4] => City
                    [zips] => Zipcode
                )

[value] => United States, Massachusetts, Middlesex, Somerville, 02143
            [settings] => Array
                (
                    [1] => Array
                        (
                            [enabled] => 1
                        )

[2] => Array
                        (
                            [enabled] => 1
                        )

[3] => Array
                        (
                            [enabled] => 1
                        )

[4] => Array
                        (
                            [enabled] => 1
                        )

[5] => Array
                        (
                            [enabled] => 1
                        )

[zips] => Array
                        (
                            [enabled] => 1
                        )

)

[field_42] => Array
        (
            [field_id] => 42
            [type] => text
            [name] => Street
            [value] => Medford St
        )

[street_no] => Array
        (
            [field_id] => 45
            [type] => text
            [name] => Street Number
            [value] => 297
        )

[f_3007] => Array
        (
            [field_id] => 3007
            [type] => feature
            [name] => ELECTRIC_FEATURE
            [values] => Array
                (
                    [0] => On-site
                )

)

[field_3011] => Array
        (
            [field_id] => 3011
            [type] => price
            [name] => ASSESSMENTS
            [raw] => 682000
            [unit_id] => 260
            [value] => $682,000
            [price_only] => $682,000
        )

[field_3020] => Array
        (
            [field_id] => 3020
            [type] => select
            [name] => SEWER
            [value] => Public Sewer
        )

[field_3023] => Array
        (
            [field_id] => 3023
            [type] => price
            [name] => TAXES
            [raw] => 11833
            [unit_id] => 260
            [value] => $11,833
            [price_only] => $11,833
        )

[field_3024] => Array
        (
            [field_id] => 3024
            [type] => number
            [name] => TAX_YEAR
            [value] => 2023
        )

[field_3028] => Array
        (
            [field_id] => 3028
            [type] => select
            [name] => WATER
            [value] => Public
        )

[field_3029] => Array
        (
            [field_id] => 3029
            [type] => boolean
            [name] => DISCLOSURE
            [value] => No
        )

[field_3032] => Array
        (
            [field_id] => 3032
            [type] => text
            [name] => ZONING
            [value] => BA
        )

[field_3039] => Array
        (
            [field_id] => 3039
            [type] => textarea
            [name] => DIRECTION
            [value] => Highland Ave to Medford Street to Walnut St to Med
        )

[field_3021] => Array
        (
            [field_id] => 3021
            [type] => text
            [name] => SHOW_INSTRUCTION
            [value] => Call List Agent
        )

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
            [value] => 0
        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W72° 54' 23.5'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 23' 9'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => Compass
        )

[field_2112] => Array
        (
            [field_id] => 2112
            [type] => text
            [name] => Agent Name
            [value] => Mike Cohen
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => BB801833
        )

[field_3001] => Array
        (
            [field_id] => 3001
            [type] => text
            [name] => Office MLSID
            [value] => AN2606
        )

[field_3043] => Array
        (
            [field_id] => 3043
            [type] => date
            [name] => ANT_SOLD_DATE
            [value] => 30/04/2025
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3058] => Array
        (
            [field_id] => 3058
            [type] => select
            [name] => COMP_BASED_ON
            [value] => Net Sale Price
        )

[field_3069] => Array
        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 62
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 04/04/2024 23:36:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 297
        )

[field_3098] => Array
        (
            [field_id] => 3098
            [type] => text
            [name] => TransactionBrokerCompensation
            [value] => 2
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3125] => Array
        (
            [field_id] => 3125
            [type] => feature
            [name] => ROAD_TYPE
            [values] => Array
                (
                    [0] => Public
                )

)

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 617-303-0067
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 617-852-1160
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[field_3185] => Array
        (
            [field_id] => 3185
            [type] => text
            [name] => BuyerAgencyCompensation
            [value] => 2
        )

[f_3188] => Array
        (
            [field_id] => 3188
            [type] => feature
            [name] => CommunityFeatures
            [values] => Array
                (
                    [0] => Walk/jog Trails
                    [1] => Highway Access
                    [2] => House Of Worship
                    [3] => Shopping
                    [4] => Public Transportation
                    [5] => University
                )

)

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3201] => Array
        (
            [field_id] => 3201
            [type] => select
            [name] => ElectricOnPropertyYN
            [value] => 1
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[field_3213] => Array
        (
            [field_id] => 3213
            [type] => select
            [name] => Gas
            [value] => Other (See Remarks)
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 02/02/2024
        )

[f_3225] => Array
        (
            [field_id] => 3225
            [type] => feature
            [name] => LotFeatures
            [values] => Array
                (
                    [0] => Corner Lot
                )

)

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 14,526 Sqft
            [raw] => 14526
            [unit_id] => 1
        )

[field_3229] => Array
        (
            [field_id] => 3229
            [type] => date
            [name] => OffMarketDate
            [value] => 04/04/2024
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 4999900
            [unit_id] => 260
            [value] => $4,999,900
            [price_only] => $4,999,900
        )

[field_3237] => Array
        (
            [field_id] => 3237
            [type] => date
            [name] => PurchaseContractDate
            [value] => 04/04/2024
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 297 Medford St, Somerville MA 02143
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 02/02/2024 17:50:00
        )

[field_3260] => Array
        (
            [field_id] => 3260
            [type] => text
            [name] => MLSPIN_DISCLOSURE
            [value] => N
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3277] => Array
        (
            [field_id] => 3277
            [type] => text
            [name] => MLSPIN_MAIN_LO
            [value] => AN2383
        )

[field_3280] => Array
        (
            [field_id] => 3280
            [type] => number
            [name] => MLSPIN_MARKET_TIME_PROPERTY
            [value] => 62
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

)

EXIT

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