Seller's Agent in 2024
Romeo Zeqo
Best Boston Realty, LLC
(339) 927-5729
1 in this area
36 Total Sales
16 Electric Ave Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $1,295,000 - $1,763,933
6
Beds
2.5
Baths
3,113
Sq Ft
$494/Sq Ft
Est. Value
Highlights
- City View
- Somerville High School Rated A-
- 4-minute walk to Lou Ann David Park
About This Home
As of June 2024-Located in the heart of Somerville, this stunning Multi-Family Home offers an exceptional investment opportunity in a prime location. With over 3,100 square feet of living space, this property is truly a gem. One of the most enticing features of this property is its perfect location. Situated on Electric Avenue, you'll find yourself just steps away from Davis Square, Ball Square, Tufts University, Teele Square, and the Red and Green Line T Stops. In addition to its superb location, this property offers fantastic amenities and features. With 6+ bedrooms (Possibility to convert to 9 Bedrooms), and 2.5 bathrooms, there is ample space for everyone. Beautiful hardwood flooring, a washer and dryer in unit for added convenience. Step outside onto the back deck, and enjoy the beautiful views of Boston Skylights. With a driveway that can accommodate up to 2 cars, parking will never be an issue for you or your guests. this property presents a fantastic investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,780
Year Built
- Built in 1900
Lot Details
- 3,150
Home Design
- Block Foundation
Interior Spaces
- 3,113 Sq Ft Home
- Property has 2 Levels
- City Views
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
Additional Features
- 3,150 Sq Ft Lot
- 2 Heating Zones
Community Details
- 2 Units
- Net Operating Income $73,800
Listing and Financial Details
- Total Actual Rent $6,150
- Assessor Parcel Number 748475
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2006
Sold by
Griffith Eleanor M and Griffith Erwin S
Bought by
16 Electric Avenue Rt and Kiley
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 16 Electric Avenue Rt | -- | -- | |
| 16 Electric Avenue Rt | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $1,560,000 | +4.0% | $501 / Sq Ft |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- |
| 04/01/2024 04/01/24 | For Sale | $1,500,000 | -- | $482 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $15,209 | $1,394,000 | $671,100 | $722,900 |
| 2024 | $14,530 | $1,381,200 | $671,100 | $710,100 |
| 2023 | $13,780 | $1,332,700 | $671,100 | $661,600 |
| 2022 | $12,981 | $1,275,100 | $639,200 | $635,900 |
| 2021 | $12,586 | $1,235,100 | $634,500 | $600,600 |
| 2020 | $12,144 | $1,203,600 | $634,900 | $568,700 |
| 2019 | $11,476 | $1,066,500 | $578,000 | $488,500 |
| 2018 | $10,568 | $934,400 | $525,500 | $408,900 |
| 2017 | $10,373 | $888,900 | $495,700 | $393,200 |
| 2016 | $10,034 | $800,800 | $442,700 | $358,100 |
| 2015 | $9,632 | $763,800 | $408,800 | $355,000 |
Source: Public Records
Agents Affiliated with this Home
-
Romeo Zeqo
-
Ning Sun
Buyer's Agent in 2024
Ning Sun
United Real Estate, LLC
(781) 386-7257
2 in this area
255 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73218272
APN: SOME-000011-D000000-000010
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