NOT LISTED FOR SALE

Estimated Value: $1,482,000 - $1,662,725

6 Beds
2.5 Baths
3,283 Sq Ft
$469/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $1,495,000 $455 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,182/month

Highlights

  • Deck
  • Property is near public transit and schools
  • Porch
  • Somerville High School Rated A-
  • Wood Flooring
  • 4-minute walk to Lou Ann David Park

About This Home

As of December 2024

Exceptional opportunity! 106 Electric Avenue is a charming Philadelphia-style two-family home situated on a highly desirable tree lined street, convenient to Tufts University, Teele Square, and Davis Square. Lovingly maintained by the same owners for 60 years, this home boasts original details including soaring ceilings, hardwood floors, and an abundance of charm, character and light. First floor unit features 2BRs and 1 bathroom. Second floor unit features two floors with 3BRs and potential for a 4th and 1.5 baths, easily convertible to 2 full baths. With a spacious level yard, driveway accommodating 2 cars, and substantial front and back porches. Property has forced air systems with potential for central air and is unlike most Somerville properties, featuring ample space between you and your neighbor allowing for privacy with beautiful greenery. Walk Score® of 91, this home is in a highly desirable and convenient location. The property will be delivered vacant.

Last Agent to Sell the Property

Michael Cohen

Compass Listed on: 11/11/2024

Compass

Co-Listed By

Katherine Malin

Compass

Last Buyer's Agent

David Bottari

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,531

Year Built

  • Built in 1900

Lot Details

  • 3,684 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,283 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:11 B:H L:2,748562

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,531

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Philadelphia
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Living Area: 3283
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN2383
  • MAIN SO: AN6527

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:11 B:H L:2,748562
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3684
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13531

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 18, 2024
Sold by
Mclaughlin Ft and Mclauglin
Bought by
Mclaughlin William J and Connolly Maureen
Seller's Agent
Michael Cohen
Compass
Buyer's Agent
David Bottari
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,499,900
Sold Price
$1,495,000
Premium/Discount to List
-$4,900
-0.33%
Views
6
Current Estimated Value
$1,541,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,181
Avg. Annual Appreciation
2.86%

Purchase Details

Closed on
Sep 7, 2004
Sold by
Mclaughlin Harriett A
Bought by
Mclaughlin Ft and Mclaughlin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mclaughlin William J -- None Available
Mclaughlin William J -- None Available
Mclaughlin William J -- None Available
Mclaughlin Ft -- --
Mclaughlin Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Ft $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $1,495,000 -0.3% $455 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $1,499,900 -- $457 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,147 $1,296,700 $708,600 $588,100
2024 $13,531 $1,286,200 $708,600 $577,600
2023 $12,892 $1,246,800 $708,600 $538,200
2022 $12,136 $1,192,100 $674,900 $517,200
2021 $11,804 $1,158,400 $670,000 $488,400
2020 $11,401 $1,129,900 $670,400 $459,500
2019 $10,804 $1,004,100 $610,300 $393,800
2018 $9,971 $881,600 $554,800 $326,800
2017 $9,774 $837,500 $523,500 $314,000
2016 $9,439 $753,300 $467,400 $285,900
2015 $9,016 $715,000 $431,700 $283,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73311554

MLS Property Information Network (MLS PIN)

APN: SOME-000011-H000000-000002