561 Broadway
Somerville, MA 02145
2 bd 2 ba 971 sqft Built 1910 condos
Most recent sale
$715,000
Jun 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2022 | Sold | $715,000 | MLS #72980988 |
| May 12, 2022 | Listed | $675,000 | MLS #72980988 |
| Apr 25, 2016 | Sold | $511,000 | MLS #71966728 |
| Mar 3, 2016 | Listed | $460,000 | MLS #71966728 |
| Jul 31, 2006 | Sold | $337,000 | MLS #70340477 |
| Mar 3, 2006 | Listed | $349,000 | MLS #70340477 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $651,300 | — | $651,300 | $5,731 |
| 2024 | $644,800 | — | $644,800 | $5,494 |
| 2023 | $590,000 | — | $590,000 | $5,104 |
| 2022 | $545,800 | — | $545,800 | $4,918 |
| 2021 | $551,100 | — | $551,100 | $5,186 |
| 2020 | $551,100 | — | $551,100 | $5,059 |
| 2019 | $545,800 | — | $545,800 | $5,240 |
| 2018 | $464,800 | — | $464,800 | $4,760 |
| 2017 | $422,900 | — | $422,900 | $4,466 |
| 2016 | $331,700 | — | $331,700 | $3,712 |
| 2015 | $304,000 | — | $304,000 | $3,557 |
| 2014 | $303,100 | — | $303,100 | $3,713 |
| 2006 | $364,400 | — | $364,400 | $3,320 |
| 2005 | $300,500 | — | $300,500 | $2,834 |
Property facts
Year built
1910
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
971 sqft
Lot size
—
ZIP code
02145
City
Somerville
Street
Broadway
Coordinates
42.39845, -71.10722
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
$2,816
Gross rental yield
4.73%
Implied cap rate
3.07%
Trend-extrapolated value
—
Frequently asked questions
When did 561 Broadway last sell?
561 Broadway most recently sold on Jun 27, 2022 for $715,000.
What is the current tax assessment for 561 Broadway?
The most recent total assessment for 561 Broadway (year 2025) is $651,300 with $5,731 in property tax.
How does 561 Broadway's assessment compare to its last sale price?
The current assessment is 8.9% below the last sale price of $715,000.
When was 561 Broadway built?
561 Broadway was built in 1910.
How does 561 Broadway compare to others on Broadway?
We track 8 other properties on Broadway. Browse the list under "Other properties on Broadway" to compare beds, baths, and sale history.
What are the property facts for 561 Broadway?
561 Broadway is a 2 bed, 2 bath, 971 sqft condos.
Is 561 Broadway a flip candidate?
No — 561 Broadway does not appear in our flips dataset.
Is 561 Broadway a tax-appeal candidate?
No — 561 Broadway is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.1%
Implied 1-yr
-0.3%
2026 Q2
$951.6K
2026 Q3
$950.9K
ZIP 02145 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Broadway