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47 Fairmount Ave

Somerville, MA 02144

2 bd 3 ba 1,606 sqft Built 1910 condos
Most recent sale
$850,000
Dec 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2022 Sold $850,000 MLSPIN
Oct 13, 2022 Listed $899,000 MLSPIN
Aug 6, 2021 Sold $838,000 MLSPIN
Jun 23, 2021 Price changed $839,000 MLSPIN
Jun 16, 2021 Listed $868,000 MLSPIN
Jun 11, 2018 Sold $805,000 MLSPIN
Apr 4, 2018 Listed $768,000 MLSPIN
Jan 10, 2014 Sold $575,000 Public Record
Aug 9, 2013 Listing removed $649,900 MLSPIN
May 20, 2013 Listing removed $649,900 MLSPIN
Apr 3, 2013 Price changed $649,900 MLSPIN
Mar 18, 2013 Listed $669,900 MLSPIN

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $768,800 $768,800 $8,388
2024 $736,400 $736,400 $7,747
2023 $833,600 $833,600 $8,619
2022 $809,900 $809,900 $8,245
2021 $793,700 $793,700 $8,088
2020 $777,400 $777,400 $7,844
2019 $848,200 $848,200 $9,127
2018 $809,300 $809,300 $9,153
2016 $682,300 $682,300 $8,549
2015 $616,100 $616,100 $7,769

Property facts

Year built
1910
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,606 sqft
Lot size
ZIP code
02144
City
Somerville
Street
Fairmount Ave
Coordinates
42.40519, -71.12846

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,657
Gross rental yield
6.57%
Implied cap rate
4.27%
Trend-extrapolated value

Frequently asked questions

When did 47 Fairmount Ave last sell?
47 Fairmount Ave most recently sold on Dec 16, 2022 for $850,000.
What is the current tax assessment for 47 Fairmount Ave?
The most recent total assessment for 47 Fairmount Ave (year 2025) is $768,800 with $8,388 in property tax.
How does 47 Fairmount Ave's assessment compare to its last sale price?
The current assessment is 9.6% below the last sale price of $850,000.
When was 47 Fairmount Ave built?
47 Fairmount Ave was built in 1910.
How does 47 Fairmount Ave compare to others on Fairmount Ave?
We track 3 other properties on Fairmount Ave. Browse the list under "Other properties on Fairmount Ave" to compare beds, baths, and sale history.
What are the property facts for 47 Fairmount Ave?
47 Fairmount Ave is a 2 bed, 3 bath, 1,606 sqft condos.
Is 47 Fairmount Ave a flip candidate?
No — 47 Fairmount Ave does not appear in our flips dataset.
Is 47 Fairmount Ave a tax-appeal candidate?
No — 47 Fairmount 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
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$1.15M
2026 Q4
$1.15M
ZIP 02144 — Median Price History + Forecast

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