$3,850,000

47 Wallace St Somerville, MA 02144

6 beds
7 full, 2 partial
4,628 sqft
0.10 acres
$832 / sqft
Multi-Family

Property details

About 47 Wallace St

Rare opportunity in Davis Square to own a two family home located on a lovely tree lined street. Each unit is filled with natural light and has 3 bedrooms | up to 4.5 baths | hardwood floors | tiled basements | off- street parking. The units have open-concept living and dining rooms with high ceilings, gourmet kitchens with peninsula/island, granite countertops, and stainless steel appliances. Primary bedroom suite's with 4 piece en-suite bath and custom built closet. The lower level offers opportunity for flexible uses with private full bath and generous space. The units are equipped with washer and dryer and central air-conditioning. Unit 2 has a 3rd floor roof deck. Nearby red line provides quick access to Harvard/Central Squares. Please see firm remarks and disclosures regarding occupancy and leases.

Highlights

Home typeMulti Family
StatusActive
CoolingCentral Air
Size4,628 sqft
BasementYes
Lot size0.1 Acres
Year built1900
ParkingPaved Drive, Shared Driveway, Off Street, Common, Paved
MLS #73329571

Summary

  • MLS Number: 73329571
  • MLS Name: MLS Property Information Network
  • Office Name: Barrett Sotheby's International Realty
  • Office Phone: (781) 862-1700
  • Listing Agent: Andrea Jackson

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a balcony

$3,850,000

47 Wallace St

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Price information

Property sales

DateEventPrice
Sep 04, 2018
Home Sold
$2,400,000

Tax history

YearAssessmentProperty Tax
2024$1,784,000$18,768
2023$1,769,100$18,292
2022$1,652,100$16,818
2021$1,601,100$16,315
2020$1,530,800$15,446
2019$1,322,700$14,232

History based on county public records data.

Nearby schools

7

Benjamin G Brown

Public District KG-5

0.4 mi

201 Willow Ave

8

Peabody

Public District PK-5

0.6 mi

70 Rindge Ave

9

Benjamin Banneker Charter Public School

Public Charter PK-6

0.7 mi

21 Notre Dame Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $109,921. The majority of Somerville, MA residents have income between $100k-200k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
31%
35k-100k
45%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

75%
Single, No Kids
1%
Single, with Kids
18%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
57%
18-34 yrs old
29%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 47 Wallace St in Somerville, MA and zip code 02144 in the Davis Square neighborhood. This 4,628 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $3,850,000.

Somerville, MA housing market in February 2025 saw over 11 listings sold above listed price, more than 3 sold at listed price and over 6 sold below. The number of homes for sale in Somerville, MA increased by 3.8% between January and February 2025. In February 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $1,110,000.

From Rocket Homes Real Estate and based on county public records data.

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