188 Palmer St
Somerset, MA 02726
3 bd 3 ba 1,952 sqft Built 1958 Lot 21,780 sqft single_family
Most recent sale
$499,900
Dec 10, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 10, 2021 | Sold | $499,900 | MLS #72888496 |
| Nov 5, 2021 | Price changed | $499,900 | MLS #72888496 |
| Oct 23, 2021 | Price changed | $519,900 | MLS #72888496 |
| Sep 14, 2021 | Price changed | $529,900 | MLS #72888496 |
| Aug 31, 2021 | Listed | $539,900 | MLS #72888496 |
| Aug 18, 2021 | Listed | $540,000 | MLS #72883382 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $309,100 | $189,800 | $498,900 | $6,635 |
| 2024 | $289,000 | $189,800 | $478,800 | $6,124 |
| 2023 | $270,200 | $165,100 | $435,300 | $5,520 |
| 2022 | $157,500 | $143,700 | $301,200 | $4,003 |
| 2021 | $144,700 | $130,600 | $275,300 | $4,041 |
| 2020 | $133,200 | $130,600 | $263,800 | $4,015 |
| 2019 | $120,300 | $130,600 | $250,900 | $4,579 |
| 2018 | $107,600 | $130,600 | $238,200 | $4,040 |
| 2017 | $102,400 | $124,600 | $227,000 | $3,950 |
| 2016 | $102,400 | $124,600 | $227,000 | $3,975 |
| 2015 | $94,600 | $119,000 | $213,600 | $3,706 |
| 2014 | $94,500 | $115,600 | $210,100 | $3,488 |
| 2006 | $152,300 | $121,100 | $273,400 | $2,811 |
| 2005 | $99,300 | $105,300 | $204,600 | $2,195 |
| 2004 | $84,700 | $80,800 | $165,500 | $1,791 |
| 2003 | $66,700 | $80,800 | $147,500 | $1,696 |
Property facts
Year built
1958
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,952 sqft
Lot size
21,780 sqft
ZIP code
02726
City
Somerset
Street
Palmer St
Coordinates
41.77461, -71.12898
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,661
Gross rental yield
13.59%
Implied cap rate
8.83%
Trend-extrapolated value
—
Frequently asked questions
When did 188 Palmer St last sell?
188 Palmer St most recently sold on Dec 10, 2021 for $499,900.
What is the current tax assessment for 188 Palmer St?
The most recent total assessment for 188 Palmer St (year 2025) is $498,900 with $6,635 in property tax.
How does 188 Palmer St's assessment compare to its last sale price?
The current assessment is 0.2% below the last sale price of $499,900.
When was 188 Palmer St built?
188 Palmer St was built in 1958.
How does 188 Palmer St compare to others on Palmer St?
We track 8 other properties on Palmer St. Browse the list under "Other properties on Palmer St" to compare beds, baths, and sale history.
What are the property facts for 188 Palmer St?
188 Palmer St is a 3 bed, 3 bath, 1,952 sqft, 21,780 sqft lot single_family.
Is 188 Palmer St a flip candidate?
No — 188 Palmer St does not appear in our flips dataset.
Is 188 Palmer St a tax-appeal candidate?
No — 188 Palmer St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$598.4K
2026 Q4
$609K
ZIP 02726 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palmer St