NOT LISTED FOR SALE

88 Electric Ave Unit 2 Somerville, MA 02144

West Somerville Neighborhood

Estimated Value: $1,255,000 - $1,392,000

4 Beds
2 Baths
2,488 Sq Ft
1920 Built

Last Sold July 21, 2020

Last sale price $1,100,000 $442 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,017/month

33 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • 3-minute walk to Lou Ann David Park
  • Somerville High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

*** Virtual Tour Available *** Spread out over the top two floors of a beautiful Victorian 2-family house on a corner lot sits this spacious 4-bedroom / 2-bathroom condo that is anything but cookie-cutter. Anchored by the early 20th-century architectural detail, the unit has also been thoughtfully updated in recent years to include central heating and cooling, replacement Harvey windows, a tankless water heater, and in-unit laundry. Highlights include exquisitely crafted hardwood flooring, pocket doors between the living room and formal dining room, built-in shelving, a giant wrap-around balcony, an eat-in kitchen with quartz counters and stainless steel appliances, and private storage in the basement. One garage parking spot plus one uncovered spot and an exclusive-use patio round out this offering. A+ Somerville location only a block from Teele Square and about a 1/2 mile to Davis Square with restaurants, bars, cafes, shopping, the Red Line and MBTA Buses, and much more!

Last Agent to Sell the Property

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 06/03/2020

Keller Williams Realty Boston Northwest

Co-Listed By

Matthew Slowik

Compass

Last Buyer's Agent

Kathy Shea

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,470

Year Built

  • Built in 1920

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:11 B:G L:1 U:2

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,470

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.50
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 452.17
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Certified Treated
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Hardwood, Parquet
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Full Bathrooms: 2
  • No Rooms: 7
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: BB5474
  • Main So: AN0992
  • Estimated Sq Ft: 2488.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Insulation Feature: Fiberglass, Cellulose - Sprayed, Spray Foam
  • Exterior Unit Features: Patio, Balcony

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1
  • Garage Parking: Detached, Garage Door Opener
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • HOA Fees: 225.00
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 1078000.00
  • Page: 35
  • Parcel Number: M:11 B:G L:1 U:2
  • Zoning: res

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 10877.00
  • Assessor Parcel Number: 5038073

Multi Family

  • No Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 13, 2020
Sold by
88 Electric Llc
Bought by
Laurie Ventures Inc
Seller's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
Buyer's Agent
Kathy Shea
Berkshire Hathaway HomeServices Verani Realty
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%
Current Estimated Value
$1,309,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,704
Avg. Annual Appreciation
3.45%

Purchase Details

Closed on
Feb 9, 2018
Sold by
Mcdermott 3Rd William M and Reinert Paul B
Bought by
88 Electric Llc
Source: Public Records

Range of Values:

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Average Value
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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
Laurie Ventures Inc $1,100,000 None Available
88 Electric Llc $1,150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $1,100,000 -2.2% $442 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $1,125,000 -6.2% $452 / Sq Ft
06/03/2020 06/03/20 For Sale $1,199,000 -- $482 / Sq Ft
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 $12,470 $1,143,000 $0 $1,143,000
2024 $11,785 $1,120,200 $0 $1,120,200
2023 $11,433 $1,105,700 $0 $1,105,700
2022 $10,833 $1,064,100 $0 $1,064,100
2021 $11,347 $1,113,500 $0 $1,113,500
2020 $10,877 $1,078,000 $0 $1,078,000
2019 $10,707 $995,100 $0 $995,100
Source: Public Records

Agents Affiliated with this Home

  • Hudson Santana

    Seller's Agent in 2020

    Hudson Santana

    Keller Williams Realty Boston Northwest

    (617) 272-0842

    3 in this area

    510 Total Sales

    Hudson Santana
    Section Image
  • Matthew Slowik

    Seller Co-Listing Agent in 2020

    Matthew Slowik

    Compass

    (617) 750-2950

    1 in this area

    86 Total Sales

    Matthew Slowik
    Section Image

  • K

    Buyer's Agent in 2020

    Kathy Shea

    Berkshire Hathaway HomeServices Verani Realty

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72667070

MLS Property Information Network (MLS PIN)

APN: SOME-11 G 1 2

Massachusetts Middlesex County Somerville 02144 West Somerville

88 Electric Ave Unit 2, Somerville, MA

This home is located at 88 Electric Ave Unit 2, Somerville, MA 02144 since 03 June 2020 and is currently estimated at $1,309,704, approximately $526 per square foot. This property was built in 1920. 88 Electric Ave Unit 2 is a home located in Middlesex County with nearby schools including Somerville High School, Benjamin Banneker Charter Public School, and International School of Boston.

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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.

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