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The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.
General Information for 21 Allen Street Somerville, MA 02143 |
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Town | Somerville |
County | Middlesex |
Status | Available |
Listing Number | 73211304 (MLSPIN) |
Rooms Information for 21 Allen Street Somerville, MA 02143 |
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Interior Information for 21 Allen Street Somerville, MA 02143 |
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Exterior Information for 21 Allen Street Somerville, MA 02143 |
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Lot Size | 0.41 acres |
Lot Description | Level Cleared |
Lot | Level Cleared |
Water | Public |
Sewer | Public Sewer |
Exterior Features | Fenced/Enclosed |
Neighborhood Information for 21 Allen Street Somerville, MA 02143 |
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Neighborhood Amenities | Public Transportation Park Walk/Jog Trails Medical Facility Bike Path Highway Access Private School Public School T-Station University |
Miscellaneous Information for 21 Allen Street Somerville, MA 02143 |
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Association Fee | 0 |
Taxes | $57,409 /Yr |
Comp | Buyer Agency Compensation:1.5 Buyer Agency Compensation Type: Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation:0 Compensation Based On:Gross/Full Sale Price Sub-Agency Relationship Offered:No |
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Condo | Data |
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Units | 6,008 |
Avg Price | $1,005,567 |
Avg Days Listed | 89 |
Total New Listings | 27 |
House | Data |
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Units | 10,487 |
Avg Price | $1,245,308 |
Avg Days Listed | 75 |
Total New Listings | 6 |
Multi-Family | Data |
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Units | 1,674 |
Avg Price | $1,224,977 |
Avg Days Listed | 103 |
Total New Listings | 10 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
Address | Closing Date | List Price | Closing Price | % of List Price |
---|---|---|---|---|
94 Beacon St 11 Somerville, MA 02143 |
09/13/2022 | $3,000 | $3,000 | 100% |
9 Waldo St Somerville, MA 02143 |
09/12/2022 | $3,600 | $3,600 | 100% |
53 Oak Street Somerville, MA 02143 |
09/09/2022 | $2,500 | $2,500 | 100% |
15 Porter Street Somerville, MA 02143 |
09/09/2022 | $929,900 | $875,000 | 94% |
2 Ivaloo Street Somerville, MA 02143 |
09/07/2022 | $2,900,000 | $2,900,000 | 100% |
24 Granite Street Somerville, MA 02143 |
09/06/2022 | $2,800 | $2,800 | 100% |
10 Avon Street 17 Somerville, MA 02143 |
09/04/2022 | $2,200 | $2,400 | 109% |
22 Parkdale Somerville, MA 02143 |
09/02/2022 | $4,200 | $4,200 | 100% |
49 Laurel St Somerville, MA 02143 |
09/02/2022 | $2,450 | $2,450 | 100% |
93 Concord Ave 6 Somerville, MA 02143 |
09/01/2022 | $3,000 | $3,000 | 100% |
1 Fitchburg St C104D Somerville, MA 02143 |
09/01/2022 | $1,950 | $2,200 | 113% |
38 Madison St Somerville, MA 02143 |
09/01/2022 | $3,300 | $3,300 | 100% |
69 Walnut Street Somerville, MA 02143 |
09/01/2022 | $3,900 | $3,900 | 100% |
9 School Street Somerville, MA 02143 |
09/01/2022 | $2,500 | $2,550 | 102% |
36 Cedar St. 1 Somerville, MA 02143 |
09/01/2022 | $788,000 | $815,000 | 103% |
27 Osgood Street 2 Somerville, MA 02143 |
09/01/2022 | $3,700 | $3,700 | 100% |
9 Dane Street B Somerville, MA 02143 |
09/01/2022 | $4,250 | $4,250 | 100% |
9 Mardell Cir Somerville, MA 02143 |
09/01/2022 | $3,500 | $3,500 | 100% |
9 Waldo St Somerville, MA 02143 |
09/01/2022 | $1,500,000 | $1,700,000 | 113% |
53 Madison St 2 Somerville, MA 02143 |
09/01/2022 | $899,000 | $915,000 | 102% |
78 Raymond Ave 1 Somerville, MA 02143 |
09/01/2022 | $2,200 | $2,300 | 105% |
98 Oxford Street Somerville, MA 02143 |
08/31/2022 | $4,950 | $4,950 | 100% |
8 Leland 1 Somerville, MA 02143 |
08/31/2022 | $565,000 | $640,000 | 113% |
13-15 Cleveland St Somerville, MA 02143 |
08/31/2022 | $1,800,000 | $1,770,000 | 98% |
93 Central St 3 Somerville, MA 02143 |
08/31/2022 | $749,000 | $770,000 | 103% |
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Listing: 1 of 1 | Updated 10 minutes ago |