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248 School St

Watertown, MA 02472

3 bd 4 ba 2,415 sqft Built 1898 condos
Most recent sale
$1,190,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 19, 2021 Sold $1,190,000 MLS #72878701
Sep 22, 2021 Price changed $1,199,000 MLS #72878701
Sep 7, 2021 Price changed $1,269,000 MLS #72878702
Aug 9, 2021 Listed $1,249,000 MLS #72878701
Oct 24, 2008 Sold $822,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,191,500 $1,191,500 $13,917
2024 $1,188,300 $1,188,300 $13,903
2023 $1,171,600 $1,171,600 $15,910
2022 $1,065,200 $1,065,200 $14,114
2021 $1,039,500 $1,039,500 $12,734
2020 $1,039,500 $1,039,500 $12,620
2019 $973,100 $973,100 $12,534
2018 $841,500 $841,500 $11,335
2017 $815,000 $815,000 $11,320
2016 $792,300 $792,300 $10,839
2015 $792,300 $792,300 $11,908
2013 $754,500 $754,500 $11,076

Property facts

Year built
1898
Property type
condos
Stories
Beds
3
Baths
4
Living area
2,415 sqft
Lot size
ZIP code
02472
City
Watertown
Street
School St
Coordinates
42.37088, -71.16532

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
$7,004
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 248 School St last sell?
248 School St most recently sold on Nov 19, 2021 for $1,190,000.
What is the current tax assessment for 248 School St?
The most recent total assessment for 248 School St (year 2025) is $1,191,500 with $13,917 in property tax.
How does 248 School St's assessment compare to its last sale price?
The current assessment is 0.1% above the last sale price of $1,190,000.
When was 248 School St built?
248 School St was built in 1898.
How does 248 School St compare to others on School St?
We track 8 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 248 School St?
248 School St is a 3 bed, 4 bath, 2,415 sqft condos.
Is 248 School St a flip candidate?
No — 248 School St does not appear in our flips dataset.
Is 248 School St a tax-appeal candidate?
No — 248 School 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
+0.8%
Implied 1-yr
+3.2%
2026 Q3
$1.01M
2026 Q4
$1.02M
ZIP 02472 — Median Price History + Forecast

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