97 Electric Ave Unit 1 Somerville, MA 02144
Estimated Value: $778,000 - $851,000
2
Beds
1
Bath
1,285
Sq Ft
$296/mo
HOA Fee
Highlights
- Property is near public transit
- Wood Flooring
- Porch
- Somerville High School Rated A-
- Community Garden
- 4-minute walk to Lou Ann David Park
About This Home
As of December 2023Charming first-floor, two-bedroom unit in a classic Victorian three-family home in West Somerville. One block from Teele Square, just over a half mile from Davis Square, the Red Line T station, the Minuteman Bike Path, and just a few blocks from Tufts University. Renovated and converted to condominium in 2001, this 1,285 square foot unit boasts a fully renovated eat-in kitchen featuring a tile floor, maple cabinets, granite countertops, and stainless steel appliances. Additional features include a private entry with a spacious foyer, maple and tile flooring, high ceilings with original medallions, and pocket doors. The home also features in-unit laundry and a mudroom off the kitchen, secured basement storage, plenty of closets, a common landscaped patio and garden area, Harvey thermopane windows, a slate roof, and two (smaller car) tandem parking spaces in the driveway. Offers, if any, will be reviewed by the sellers on Monday 11/6 at 6:00.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,408
Year Built
- Built in 1900
Lot Details
- Garden
HOA Fees
- $296 Monthly HOA Fees
Home Design
- Frame Construction
- Slate Roof
Interior Spaces
- 1,285 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Basement
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Tandem Parking
Outdoor Features
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 1 Heating Zone
- Heating System Uses Natural Gas
- Heating System Uses Steam
- 100 Amp Service
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 4118074
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, reserve funds
- 3 Units
- 95 97 Electric Avenue Condominium Community
Amenities
- Community Garden
- Common Area
- Shops
- Community Storage Space
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2023
Closed on
Dec 1, 2023
Sold by
Tan Junjay and Cho Janice G
Bought by
House Phoebe K and Paul Austin J
Seller's Agent
David Shorey
Real Broker MA, LLC
Buyer's Agent
Jonathan Mitchell
Compass
List Price
$779,000
Sold Price
$775,000
Premium/Discount to List
-$4,000
-0.51%
Total Days on Market
5
Views
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,221
Avg. Annual Appreciation
4.25%
Original Mortgage
$620,000
Outstanding Balance
$612,475
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,746
Purchase Details
Closed on
May 24, 2016
Sold by
John Matthew Dubach
Bought by
Simon Lisa and Tobey Matthew L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
3.58%
Purchase Details
Closed on
Jun 11, 2007
Sold by
Voris Linda M and Kakoudaki Despina
Bought by
Hanna Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 |
|---|---|---|---|
| House Phoebe K | $775,000 | None Available | |
| Simon Lisa | -- | -- | |
| Hanna Thomas | $439,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | House Phoebe K | $620,000 | |
| Previous Owner | Tan Junjay | $271,406 | |
| Previous Owner | Simon Lisa | $532,000 | |
| Previous Owner | Simon Lisa | -- | |
| Previous Owner | Hanna Thomas | $351,000 | |
| Previous Owner | Hanna Thomas | $351,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $775,000 | -0.5% | $603 / Sq Ft |
| 11/06/2023 11/06/23 | Pending | -- | -- | -- |
| 10/31/2023 10/31/23 | For Sale | $779,000 | +22.7% | $606 / Sq Ft |
| 11/18/2016 11/18/16 | Sold | $635,000 | 0.0% | $494 / Sq Ft |
| 10/05/2016 10/05/16 | Pending | -- | -- | -- |
| 09/28/2016 09/28/16 | For Sale | $635,000 | -- | $494 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $7,857 | $720,200 | $0 | $720,200 |
| 2024 | $7,424 | $705,700 | $0 | $705,700 |
| 2023 | $7,202 | $696,500 | $0 | $696,500 |
| 2022 | $6,822 | $670,100 | $0 | $670,100 |
| 2021 | $6,681 | $655,600 | $0 | $655,600 |
| 2020 | $6,402 | $634,500 | $0 | $634,500 |
| 2019 | $6,615 | $614,800 | $0 | $614,800 |
| 2018 | $6,710 | $593,300 | $0 | $593,300 |
| 2017 | $6,535 | $560,000 | $0 | $560,000 |
| 2016 | $6,042 | $482,200 | $0 | $482,200 |
| 2015 | $5,384 | $427,000 | $0 | $427,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Shorey
Seller's Agent in 2023
David Shorey
Real Broker MA, LLC
(781) 962-4028
153 Total Sales
-
Steve Rankin
Seller Co-Listing Agent in 2023
Steve Rankin
Real Broker MA, LLC
(617) 875-4140
17 Total Sales
-
Jonathan Mitchell
Buyer's Agent in 2023
Jonathan Mitchell
Compass
(617) 834-6668
37 Total Sales
-
Robin Kelly
Seller's Agent in 2016
Robin Kelly
Coldwell Banker Realty - Cambridge
(617) 852-3776
25 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73175589
APN: SOME-000011-I000000-000025-000001
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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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