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496 Medford St 1,244 SF Specialty Building Offered at $1,228,909 CAD in Somerville, MA 02145

Executive Summary
Huge Price Improvement! Live in the heart of vibrant Magoun Square, just moments from the Green Line Extension. This 2,240 SF lot offers a rare opportunity to create a stunning single-family home in one of Somerville’s most desirable, transit-oriented neighborhoods. Design a spacious urban residence with multiple levels, private outdoor space, and easy access to shops, restaurants, parks, and public transportation. The generous lot allows for flexible, light-filled layouts ideal for entertaining, working from home, or multi-generational living. Located in an MR-4 zoned district with a Pedestrian Street Overlay, allowing up to four stories, offering valuable long-term flexibility (buyer to do due diligence). A unique chance to build your dream home while securing future potential.
Property Facts
| Price | $1,228,909 CAD | Lot Size | 0.05 AC |
| Price Per SF | $987.87 CAD | Building Size | 1,244 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1920 |
| Zoning | MR4 | ||
| Price | $1,228,909 CAD |
| Price Per SF | $987.87 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Lot Size | 0.05 AC |
| Building Size | 1,244 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | MR4 |
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Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | SOME-000041-A000000-000004 | Improvements Assessment | $637,263 CAD |
| Land Assessment | $466,128 CAD | Total Assessment | $1,103,392 CAD |
Property Taxes
Parcel Number
SOME-000041-A000000-000004
Land Assessment
$466,128 CAD
Improvements Assessment
$637,263 CAD
Total Assessment
$1,103,392 CAD
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496 Medford St
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