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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.

More Info

Basic Information

  • Bedrooms2
  • Mls StatusUnder Agreement
  • Bathroom2
  • Contingency Pending P&S
  • Lot Features Level
  • Parcel Number M:41 B:A L:4,753359

Tax Information

  • Tax Assessed Value $798,200
  • Tax Year 2025
  • Taxes$8,708

Parking

  • Parking Spaces2

Rooms

  • Bathrooms Total Decimal 1.5
  • Full Bath1
  • Half Baths1

Basic Information

  • List Price$889,000
  • MLS Number73436389
  • Modification Date06/01/2026
  • Property SubTypeSingle Family Residence
  • PurchaseContractDate04/24/2026

Location

  • Address496 Medford Street
  • Building Number496
  • CountyMiddlesex
  • StateMA
  • StreetMedford Street
  • TownSomerville
  • Zip02145

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationOther
  • Property StyleOther (See Remarks)
  • Rooms5
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.05

Utilities

  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet1,244
  • Building Area Source Public Records
  • Living Area 1,244
  • Lot Size Square Feet 2,240
  • Lot Size Units Acres
  • View YN Yes

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Public School
    • Public Transportation
    • Shopping
    • T-Station

Legal

  • ZoningNB

Other

  • Date Listed09/26/2025
  • Farm Land Area Units Square Feet
  • View Count27

Map Location

Driving Directions

Listed by Abhinay Patel of Lamacchia Realty,Inc.

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