NOT LISTED FOR SALE

52 Electric Ave Unit 2 Somerville, MA 02144

Davis Square Neighborhood

Estimated Value: $1,248,000 - $1,545,000

3 Beds
2 Baths
2,300 Sq Ft
$624/Sq Ft Est. Value

Highlights

  • Deck
  • Balcony
  • 2-minute walk to Lou Ann David Park
  • Somerville High School Rated A-

About This Home

As of July 2018

Available 9/1! A true luxury rental in the heart of Somerville on a beautiful tree lined street! This sprawling 3 bed, 2 full bath is spread out over 2 floors and 2300 SQ FT. Open concept living room, dining room, and kitchen, make for easy living. The first floor offers a living room connecting to a library, open concept dining space area overlooking a stunning modern kitchen. Just off of the kitchen is a large den area that looks out through glass sliders to your private deck.The upstairs has 3 large bedrooms with generous closet space, loads of light, a large bathroom, and laundry. The master bedroom has a small deck with beautiful views perfect for morning coffee! High end finishes include beautiful hardwood floors throughout, modern lighting and appliances, skylight windows, washer/dryer in unit, gas heat, and central air. Entire unit just painted! Walk to Davis T stop and Ball Square. Steps away from Teele Sq and multiple bus routes. Easy on street parking!

Last Agent to Rent the Property

John Hollis

Amo Realty - Boston City Properties Listed on: 06/19/2018

Last Renter's Agent

Anton Sventsitski

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Radiator
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Date Available: 09/01/2018
  • Rent Fee Includes: Water, Sewerage Disposal, Occupancy Only
  • Sec Deposit: 4000.00

Listing Details

  • Property Type: Rental
  • Rental Type: Condominium
  • List Price Per Sq Ft: 1.74
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1900

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • No Rooms: 7
  • Main Lo: NB3599
  • Main So: AC1762
  • Estimated Sq Ft: 2300.00

Exterior Features

  • Exterior Features: Deck, Balcony

Utilities

  • Heating: Gas, Hot Water Radiators
  • Air Conditioner: Yes

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Lot Size: 99999999.00

Tax Info

  • Assessor Parcel Number: 748467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2015
Sold by
Gibson Charles and Gibson Rebecca
Bought by
Hines Daniel and Hines Lacey
Current Estimated Value
$1,434,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$695,401
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$739,457

Purchase Details

Closed on
Jan 31, 2003
Sold by
King Carol A
Bought by
Gibson Charles and Gibson Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,500
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
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
Hines Daniel $1,100,000 --
Gibson Charles $524,400 --
Gibson Charles $524,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Daniel $880,000
Closed Gibson Charles $880,000
Previous Owner Gibson Charles $224,700
Previous Owner Gibson Charles $419,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Rented $4,000 0.0% --
07/14/2018 07/14/18 Under Contract -- -- --
06/19/2018 06/19/18 For Rent $4,000 +5.3% --
06/07/2016 06/07/16 Rented $3,800 0.0% --
06/01/2016 06/01/16 Under Contract -- -- --
05/04/2016 05/04/16 For Rent $3,800 +18.8% --
12/01/2015 12/01/15 Rented $3,200 0.0% --
11/22/2015 11/22/15 Under Contract -- -- --
10/19/2015 10/19/15 Price Changed $3,200 -11.1% $1 / Sq Ft
10/05/2015 10/05/15 Price Changed $3,600 -5.3% $2 / Sq Ft
09/10/2015 09/10/15 For Rent $3,800 -- --
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 $16,416 $1,504,700 $703,700 $801,000
2024 $15,679 $1,490,400 $703,700 $786,700
2023 $14,852 $1,436,400 $703,700 $732,700
2022 $13,991 $1,374,400 $670,200 $704,200
2021 $13,555 $1,330,200 $665,300 $664,900
2020 $13,029 $1,291,300 $665,700 $625,600
2019 $12,292 $1,142,400 $606,000 $536,400
2018 $11,315 $1,000,400 $551,000 $449,400
2017 $11,106 $951,700 $519,800 $431,900
2016 $10,572 $843,700 $464,200 $379,500
2015 $10,149 $804,800 $428,700 $376,100
Source: Public Records

Agents Affiliated with this Home

  • John Hollis

    Landlord's Agent in 2018

    John Hollis

    Amo Realty - Boston City Properties

    (401) 474-3401

    23 Total Sales

    John Hollis
    Section Image

  • A

    Tenant's Agent in 2018

    Anton Sventsitski

    RE/MAX

    (617) 640-1336

    1 in this area

    6 Total Sales

    Anton Sventsitski
    Section Image

  • T

    Seller's Agent in 2016

    Thomas Drummey

    Boston's Luxury Properties

  • C

    Seller's Agent in 2015

    Corinne Gallagher Fador

    Compass

    Section Image

  • S

    Buyer's Agent in 2015

    Shawnda Voegtlin

    Phoenix Realty Group

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72348509

MLS Property Information Network (MLS PIN)

APN: SOME-000011-D000000-000002

Massachusetts Middlesex County Somerville 02144 Davis Square

52 Electric Ave Unit 2, Somerville, MA

Not Listed for Sale

Detached

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