48 Electric Ave Somerville, MA 02144
Davis Square NeighborhoodEstimated Value: $1,356,000 - $1,693,000
6
Beds
2
Baths
3,015
Sq Ft
$510/Sq Ft
Est. Value
About This Home
This home is located at 48 Electric Ave, Somerville, MA 02144 and is currently estimated at $1,537,867, approximately $510 per square foot. 48 Electric Ave is a home located in Middlesex County with nearby schools including Somerville High School, St. Clement Elementary School, and International School of Boston.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 4, 2009
Sold by
Collins Cherie D
Bought by
Malzman Jaime S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$63,386
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,474,481
Purchase Details
Closed on
Oct 3, 2003
Sold by
Malzman Jaime S and Collins Cherie D
Bought by
Collins Cherie D and Malzman Jaime S
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Malzman Jaime S | $110,000 | -- | |
| Collins Cherie D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Malzman Jaime S | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $14,786 | $1,355,300 | $701,500 | $653,800 |
| 2024 | $14,135 | $1,343,600 | $701,500 | $642,100 |
| 2023 | $13,437 | $1,299,500 | $701,500 | $598,000 |
| 2022 | $12,652 | $1,242,800 | $668,100 | $574,700 |
| 2021 | $12,287 | $1,205,800 | $663,200 | $542,600 |
| 2020 | $12,247 | $1,213,800 | $663,600 | $550,200 |
| 2019 | $11,575 | $1,075,700 | $604,100 | $471,600 |
| 2018 | $10,634 | $940,200 | $549,200 | $391,000 |
| 2017 | $10,431 | $893,800 | $518,100 | $375,700 |
| 2016 | $10,084 | $804,800 | $462,700 | $342,100 |
| 2015 | $9,663 | $766,300 | $427,300 | $339,000 |
Source: Public Records
Map
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