7 days on Rocket
$10,000 Closing Credit¹
#73342887, Jason Saphire, Listing Office: www.HomeZu.com
$3,850,000 List price
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
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, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,850,000
47 Wallace St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 04, 2018 | Home Sold | $2,400,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $109,921. Typical income of Somerville, MA residents is between $100k-200k annually. The majority of families are single, no kids. The majority of 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 Concerts
Hiking/backpacking
Art Museums
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
Mercedes
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
News
All data provided by Home Junction and Claritas
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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.
In February 2025, from all listings sold in Somerville, MA there were more than 11 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Somerville, MA between January and February 2025 increased by 3.8%. While the average time on the market in February 2025 was 36 days, the median list price was $1,110,000.
From Rocket Homes Real Estate and based on county public records data.