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23 Elm St

Somerville, MA 02143

2 bd 1 ba 971 sqft Built 1987 condos
Most recent sale
$740,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $740,000 MLS #72957425
Mar 24, 2022 Listed $650,000 MLS #72957425
May 2, 1997 Sold $155,000 Public Record
Apr 6, 1988 Sold $146,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $645,800 $645,800 $7,046
2024 $661,600 $661,600 $6,960
2023 $655,900 $655,900 $6,782
2022 $626,200 $626,200 $6,375
2021 $606,300 $606,300 $6,178
2020 $600,700 $600,700 $6,061
2019 $557,600 $557,600 $6,000
2018 $501,700 $501,700 $5,674
2016 $395,800 $395,800 $4,959
2015 $367,100 $367,100 $4,629
2014 $314,600 $314,600 $3,983
2006 $314,800 $314,800 $3,315
2005 $292,200 $292,200 $3,141
2004 $275,100 $100 $275,200 $3,074
2003 $228,300 $100 $228,400 $2,846

Property facts

Year built
1987
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
971 sqft
Lot size
ZIP code
02143
City
Somerville
Street
Elm St
Coordinates
42.38704, -71.11409

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,816
Gross rental yield
4.57%
Implied cap rate
2.97%
Trend-extrapolated value

Frequently asked questions

When did 23 Elm St last sell?
23 Elm St most recently sold on May 10, 2022 for $740,000.
What is the current tax assessment for 23 Elm St?
The most recent total assessment for 23 Elm St (year 2025) is $645,800 with $7,046 in property tax.
How does 23 Elm St's assessment compare to its last sale price?
The current assessment is 12.7% below the last sale price of $740,000.
When was 23 Elm St built?
23 Elm St was built in 1987.
How does 23 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 23 Elm St?
23 Elm St is a 2 bed, 1 bath, 971 sqft condos.
Is 23 Elm St a flip candidate?
No — 23 Elm St does not appear in our flips dataset.
Is 23 Elm St a tax-appeal candidate?
No — 23 Elm St 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
+1.0%
Implied 1-yr
+4.2%
2026 Q3
$1.2M
2026 Q4
$1.22M
ZIP 02143 — Median Price History + Forecast

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