RENTED FEB 28, 2025

40 Electric Ave Unit 40 Somerville, MA 02144

Davis Square Neighborhood

Estimated Value: $1,132,000 - $1,324,000

5 Beds
2 Baths
2,006 Sq Ft
1900 Built

Last Sold July 31, 2017

Last sale price $853,000 $425 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,279/month

Highlights

  • Medical Services
  • Deck
  • Community Pool
  • Somerville High School Rated A-
  • Property is near public transit and schools
  • 3-minute walk to Lou Ann David Park

About This Home

As of February 2025

Discover this wonderfully spacious upper duplex just outside Davis Square, complete with two off street parking spots (one garage spot)! This bright and sunny home offers an incredible layout, featuring expansive living areas, 4-5 generously sized bedrooms, and multiple bonus rooms perfect for home offices or hobbies. The unit has been freshly painted, it has beautiful stainless-steel appliances, luxurious, newly renovated bathrooms, and laundry in unit. The modern updates blend seamlessly with charming original details, including a built-in oak china cabinets, a fantastic walk-in pantry, and warm wood floors throughout. In addition to the expansive interior space, you'll enjoy a private front deck off the living room and shared green space in the backyard. Ideally located near Davis, Teele, and Ball Squares, there is an array of dining, shopping, and entertainment options, as well as convenient T access (Red and green lines). Don't miss this exceptional home!

Last Agent to Rent the Property

Nicholas Thompson

eXp Realty Listed on: 01/15/2025

eXp Realty

Last Renter's Agent

Chris Vietor

eXp Realty

eXp Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1900

Parking

  • 1 Car Garage

Home Design

  • 2,006 Sq Ft Home
  • Entry on the 2nd floor

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $5,000
  • Property Available on 3/1/25
  • Rent includes water, sewer, extra storage, air conditioning, laundry facilities
  • Assessor Parcel Number 4545393

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1900

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-03-01
  • Lease Term: Lease Terms(5000),Term of Rental(Tbd)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 5000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1900
  • Entry Level: 2
  • Year Built Details: Actual
  • Year Round: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: No
  • Laundry Features: In Unit
  • Accessibility Features: No
  • Living Area: 2006
  • Spa YN: No
  • MAIN LO: AC0342
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Porch, Deck, Deck - Composite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Composite
  • Waterfront Features: Unknown To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Highway Access, T-Station, University
  • Rent Includes: Water, Sewer, Extra Storage, Air Conditioning, Laundry Facilities
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4545393
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2006
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jul 31, 2017
Sold by
Vura-Weis Lisa E and Imbriani Josephine J
Bought by
Pringle John L and Pringle Stephanie C
Seller's Agent
Ken Snyder
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Frank Celeste
Gibson Sotheby's International Realty
List Price
$869,000
Sold Price
$853,000
Premium/Discount to List
-$16,000
-1.84%
Current Estimated Value
$1,232,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,406
Avg. Annual Appreciation
4.40%
Original Mortgage
$682,400
Outstanding Balance
$568,640
Interest Rate
3.91%
Mortgage Type
Unknown
Estimated Equity
$663,766

Purchase Details

Closed on
Mar 29, 2013
Sold by
Stein Joseph F and Patrick Amanda R
Bought by
Vura-Weis Lisa E and Imbriani Josephine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2010
Sold by
Schmidt Kevin and Lent Laura
Bought by
Stein Joseph F and Patrick Amanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,175
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2007
Sold by
Gregorovic Dennis and Schmidt Kevin
Bought by
Schmidt Kevin and Lent Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Mathey Phillip J
Bought by
Gregorovic Dennis and Schmidt Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pringle John L $853,000 --
Vura-Weis Lisa E $560,000 --
Stein Joseph F $505,568 --
Schmidt Kevin $5,000 --
Gregorovic Dennis $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pringle John L $682,400
Previous Owner Vura-Weis Lisa E $417,000
Previous Owner Vura-Weis Lisa E $87,000
Previous Owner Stein Joseph F $379,175
Previous Owner Schmidt Kevin $416,000
Previous Owner Gregorovic Dennis $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Rented $5,000 0.0% --
02/24/2025 02/24/25 Under Contract -- -- --
01/15/2025 01/15/25 For Rent $5,000 0.0% --
07/31/2017 07/31/17 Sold $853,000 -1.3% $425 / Sq Ft View Prior Sale
06/24/2017 06/24/17 Pending -- -- --
06/21/2017 06/21/17 Price Changed $864,000 -0.6% $431 / Sq Ft
06/15/2017 06/15/17 For Sale $869,000 -- $433 / 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 $10,557 $967,600 $0 $967,600
2024 $9,977 $948,400 $0 $948,400
2023 $9,679 $936,100 $0 $936,100
2022 $9,174 $901,200 $0 $901,200
2021 $8,987 $881,900 $0 $881,900
2020 $8,617 $854,000 $0 $854,000
2019 $8,907 $827,800 $0 $827,800
2018 $9,805 $866,900 $0 $866,900
2017 $9,634 $825,500 $0 $825,500
2016 $8,493 $677,800 $0 $677,800
2015 $7,474 $592,700 $0 $592,700
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Thompson

    Landlord's Agent in 2025

    Nicholas Thompson

    eXp Realty

    (781) 664-3152

    2 in this area

    38 Total Sales

    Nicholas Thompson
    Section Image
  • Chris Vietor

    Tenant's Agent in 2025

    Chris Vietor

    eXp Realty

    (617) 909-9669

    2 in this area

    128 Total Sales

    Chris Vietor
    Section Image
  • Ken Snyder

    Seller's Agent in 2017

    Ken Snyder

    Keller Williams Realty Boston-Metro | Back Bay

    (617) 784-0632

    38 Total Sales

    Ken Snyder
    Section Image
  • Frank Celeste

    Buyer's Agent in 2017

    Frank Celeste

    Gibson Sothebys International Realty

    (617) 872-3227

    455 Total Sales

    Frank Celeste
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73326404

MLS Property Information Network (MLS PIN)

APN: SOME-000011-D000000-000005-000040

Massachusetts Middlesex County Somerville 02144 Davis Square

40 Electric Ave Unit 40, Somerville, MA

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.