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400 Luther Ave

Somerset, MA 02726

3 bd 2 ba 1,459 sqft Built 1941 Lot 10,019 sqft single_family
Most recent sale
$455,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2024 Sold $499,000 StateWide
Sep 25, 2024 Listed $499,000 MLSPIN
Sep 7, 2022 Sold $455,000 MLS #73014640
Jul 21, 2022 Price changed $449,900 MLS #73014640
Jul 20, 2022 Listed $449,000 MLS #73014640
Feb 25, 2022 Sold $255,000 Public Record
Dec 1, 1993 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $285,700 $179,400 $465,100 $6,186
2024 $268,200 $179,400 $447,600 $5,725
2023 $203,800 $155,800 $359,600 $4,560
2022 $182,100 $134,400 $316,500 $4,206
2021 $167,200 $121,400 $288,600 $4,237
2020 $150,400 $121,500 $271,900 $4,138
2019 $135,900 $121,500 $257,400 $4,698
2018 $125,700 $116,900 $242,600 $4,114
2017 $119,400 $111,600 $231,000 $4,019
2016 $120,000 $111,600 $231,600 $4,055
2015 $109,300 $106,500 $215,800 $3,744
2014 $102,200 $103,500 $205,700 $3,415
2006 $172,800 $107,700 $280,500 $2,884
2005 $163,400 $93,700 $257,100 $2,759
2004 $139,200 $71,800 $211,000 $2,283
2003 $106,200 $63,800 $170,000 $1,955

Property facts

Year built
1941
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,459 sqft
Lot size
10,019 sqft
ZIP code
02726
City
Somerset
Street
Luther Ave
Coordinates
41.74355, -71.14893

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,231
Gross rental yield
11.16%
Implied cap rate
7.25%
Trend-extrapolated value

Frequently asked questions

When did 400 Luther Ave last sell?
400 Luther Ave most recently sold on Sep 7, 2022 for $455,000.
What is the current tax assessment for 400 Luther Ave?
The most recent total assessment for 400 Luther Ave (year 2025) is $465,100 with $6,186 in property tax.
How does 400 Luther Ave's assessment compare to its last sale price?
The current assessment is 2.2% above the last sale price of $455,000.
When was 400 Luther Ave built?
400 Luther Ave was built in 1941.
How does 400 Luther Ave compare to others on Luther Ave?
We track 6 other properties on Luther Ave. Browse the list under "Other properties on Luther Ave" to compare beds, baths, and sale history.
What are the property facts for 400 Luther Ave?
400 Luther Ave is a 3 bed, 2 bath, 1,459 sqft, 10,019 sqft lot single_family.
Is 400 Luther Ave a flip candidate?
Yes — 400 Luther Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 400 Luther Ave a tax-appeal candidate?
No — 400 Luther Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$598.4K
2026 Q4
$609K
ZIP 02726 — Median Price History + Forecast

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