NOT LISTED FOR SALE

48 Electric Ave Somerville, MA 02144

Davis Square Neighborhood

Estimated Value: $1,438,000 - $1,703,000

6 Beds
2 Baths
3,015 Sq Ft
$524/Sq Ft Est. Value

About This Home

This home is located at 48 Electric Ave, Somerville, MA 02144 and is currently estimated at $1,578,605, approximately $523 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
$1,578,605

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
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Malzman Jaime S $110,000 --
Collins Cherie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malzman Jaime S $400,000
Closed Malzman Jaime S $100,000
Previous Owner Collins Cher $315,000
Previous Owner Malzman Jaime S $304,000
Previous Owner Kourepenis Alexander $100,000
Source: Public Records

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 $14,786 $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

Massachusetts Middlesex County Somerville 02144 Davis Square

48 Electric Ave, Somerville, MA

This home is located at 48 Electric Ave, Somerville, MA 02144 and is currently estimated at $1,578,605, approximately $523 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.

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