NOT LISTED FOR SALE

88 Electric Ave Somerville, MA 02144

West Somerville Neighborhood

Estimated Value: $1,612,000

4 Beds
2 Baths
2,254 Sq Ft
4,443 Sq Ft Lot

Last Sold February 09, 2018

Last sale price $1,150,000 $510 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,958/month

39 Days on Market

About This Home

As of February 2018

OPEN HOUSE CANCELLED, SUNDAY 1/21. One-of-a-kind restored Victorian in Teele Square! Appreciate the character and craftsman-details of yesteryear? But also want the modern amenities of today? Look no more! This fabulous 4 bed, 2 bath upper-level condominium has been completely updated with modern amenities and systems, while still maintaining the character of this beautiful 1890's Victorian home. It is brimming with craftsman-style architectural detailing, while offering you new electrical, new plumbing, new HVAC System with Central Air and Heat, and so much more. The chef's kitchen has KitchenAid Stainless Steel appliances, quartz countertops and custom cabinetry. The condo has an amazing private patio and garden area. Best of all, there's a brand new garage! The unit will have 1 garage space and 1 additional off-street spot. Nestled on a quiet, corner lot in Teele Square, close to Tufts University and the Davis Square T-stop. TRULY, ONE OF A KIND!

Last Agent to Sell the Property

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 12/13/2017

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Mac Chinsomboon

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Property Details

Home Type

Condominium

Year Built

1897

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.50
  • Lead Paint: Certified Treated
  • Year Built Description: Approximate, Renovated Since
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1897

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Hardwood, Parquet
  • Insulation: Fiberglass, Cellulose - Sprayed, Spray Foam
  • No Bedrooms: 4
  • Full Bathrooms: 2
  • No Living Levels: 2
  • Main Lo: BB5474
  • Main So: K95001

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Deck, Patio

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Assigned
  • Garage Spaces: 1
  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water, Individual Meter

Condo/Co-op/Association

  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 2
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:11 B:G L:1
  • Zoning: RA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2016
Sold by
Reinhart Paul B and Mcdermott William M
Bought by
Mcdermott 3Rd William M and Reinhart Paul
Current Estimated Value
$1,612,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$223,528
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2004
Sold by
Reinert Paul B and Mcdermott William Michael
Bought by
Reinert Paul B and Mcdermott William Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.75%
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
Mcdermott 3Rd William M -- --
Reinert Paul B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott 3Rd William M $360,000
Previous Owner Reinert Paul B $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 Sold $1,150,000 -4.2% $510 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $1,199,900 -- $532 / 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
2023 $13,922 $1,346,400 $586,800 $759,600
2022 $13,706 $1,346,400 $586,800 $759,600
2021 $13,720 $1,346,400 $586,800 $759,600
2018 $13,621 $1,204,300 $586,800 $617,500
2017 $12,033 $1,031,100 $553,600 $477,500
2016 $11,845 $945,300 $494,400 $450,900
2015 $11,301 $896,200 $456,600 $439,600
Source: Public Records

Agents Affiliated with this Home

  • Hudson Santana

    Seller's Agent in 2018

    Hudson Santana

    Keller Williams Realty Boston Northwest

    (617) 858-5475

    2 in this area

    495 Total Sales

    Hudson Santana
    Section Image
  • Mac Chinsomboon

    Buyer's Agent in 2018

    Mac Chinsomboon

    Coldwell Banker Realty - Boston

    (617) 905-6622

    86 Total Sales

    Mac Chinsomboon
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72263961

MLS Property Information Network (MLS PIN)

APN: SOME-000011-G000000-000001

Massachusetts Middlesex County Somerville 02144 West Somerville

88 Electric Ave, Somerville, MA

Not Listed for Sale

Condos

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