Financial
Distress signals
Property profile

371 Summer St Somerville, MA 02144

OFF-MARKET
Specialty properties
Property ID
US38-1188968
3,716 SF 0.12 ac lot Built 1928
Last sale Oct 2019 · $1,850,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?

$30k
Tax billed · 2024
Assessed value$1.65M
Assessed land$928k
Assessed improvement$721k
Effective rate1.82%
Value estimate · Sep 2026
$375k
$338k – $413k
AI approach$375k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?

$205/SF
County average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$119 – $295
Qualifying comparables9
Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

CBD
JurisdictionSOMERVILLE
Location intelligence

Which uses thrive at this corner?

Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store18.3
Nail Salon17.6
Food Market15.1

Location

371 Summer St Somerville, MA 02144-3144
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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