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261 Highland Ave

Somerville, MA 02143

2 bd 1 ba 937 sqft Built 1900 condos
Most recent sale
$640,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $640,000 MLS #72959850
Mar 30, 2022 Listed $565,000 MLS #72959850
Nov 19, 2017 Listing removed $1,900 MLSPIN
Nov 14, 2017 Price changed for rent $1,900 MLSPIN
Nov 13, 2017 Price changed for rent $2,000 MLSPIN
Nov 6, 2017 Price changed for rent $2,100 MLSPIN
Oct 17, 2017 Listed for rent $2,300 MLSPIN
Apr 11, 2016 Sold $478,000 MLS #71966946
Mar 3, 2016 Listed $439,000 MLS #71966946
Jul 17, 2009 Sold $286,750 MLS #70917808
May 23, 2009 Listed $297,500 MLS #70917808
Jul 3, 2006 Sold $265,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $587,300 $587,300 $6,407
2024 $587,300 $587,300 $6,178
2023 $509,800 $509,800 $5,271
2022 $486,500 $486,500 $4,953
2021 $471,000 $471,000 $4,799
2020 $466,600 $466,600 $4,708
2019 $417,800 $417,800 $4,496
2018 $411,800 $411,800 $4,657
2017 $297,500 $297,500 $3,472
2016 $293,700 $293,700 $3,680
2015 $266,400 $266,400 $3,359
2014 $244,900 $244,900 $3,100

Property facts

Year built
1900
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
937 sqft
Lot size
ZIP code
02143
City
Somerville
Street
Highland Ave
Coordinates
42.39158, -71.11064

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
$2,717
Gross rental yield
5.09%
Implied cap rate
3.31%
Trend-extrapolated value

Frequently asked questions

When did 261 Highland Ave last sell?
261 Highland Ave most recently sold on May 9, 2022 for $640,000.
What is the current tax assessment for 261 Highland Ave?
The most recent total assessment for 261 Highland Ave (year 2025) is $587,300 with $6,407 in property tax.
How does 261 Highland Ave's assessment compare to its last sale price?
The current assessment is 8.2% below the last sale price of $640,000.
When was 261 Highland Ave built?
261 Highland Ave was built in 1900.
How does 261 Highland Ave compare to others on Highland Ave?
We track 8 other properties on Highland Ave. Browse the list under "Other properties on Highland Ave" to compare beds, baths, and sale history.
What are the property facts for 261 Highland Ave?
261 Highland Ave is a 2 bed, 1 bath, 937 sqft condos.
Is 261 Highland Ave a flip candidate?
No — 261 Highland Ave does not appear in our flips dataset.
Is 261 Highland Ave a tax-appeal candidate?
No — 261 Highland 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
+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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