97 Electric Ave Unit 3 Somerville, MA 02144
2
Beds
1
Bath
1,250
Sq Ft
$288/mo
HOA Fee
Highlights
- Wood Flooring
- Heating System Uses Steam
- 4-minute walk to Lou Ann David Park
- Somerville High School Rated A-
About This Home
As of March 2021Lovely top floor 2 BR unit in a renovated and very well-run three family owner occupied home in Teele Square, very close to Davis Square and Tufts. Great curb appeal. Lofty, open living room and dining room with exposed collar ties, skylights, tree-top views, and built-ins. Cook's kitchen with SS appliances, quartz counter tops, maple cabinets, and undermount lighting. Spacious master bedroom with a vaulted ceiling, two closets, and additional storage above closets. Oak floors (tile in kitchen and bathroom), insulated windows, a lovely tiled bathroom with pedestal sink, in-unit laundry, storage in basement. A wonderful common patio and grilling area with landscaped grounds, and one off-street parking space in the driveway (tandem).
Co-Listed By
Steve Rankin
Real Broker MA, LLC
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,760
Year Built
- Built in 1900
Lot Details
- Year Round Access
HOA Fees
- $288 per month
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2021
Closed on
Mar 19, 2021
Sold by
Simon Lisa and Tobey Matthew L
Bought by
Venkatesh Anjali and Morell-Pacheco Gabriel G
Seller's Agent
David Shorey
Real Broker MA, LLC
Buyer's Agent
Doug Hills
Compass
List Price
$679,000
Sold Price
$720,000
Premium/Discount to List
$41,000
6.04%
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
$163,487
Avg. Annual Appreciation
5.25%
Original Mortgage
$470,000
Outstanding Balance
$426,081
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$473,867
Purchase Details
Listed on
Mar 30, 2016
Closed on
May 24, 2016
Sold by
Dubach John M and Rutenbeck Liza R
Bought by
Tobey Matthew L and Simon Lisa
Seller's Agent
Robin Kelly
Coldwell Banker Realty - Cambridge
Buyer's Agent
Steve Rankin
Real Broker MA, LLC
List Price
$545,000
Sold Price
$680,000
Premium/Discount to List
$135,000
24.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$532,000
Interest Rate
3.59%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 12, 2010
Sold by
Schniewind Helena Louise
Bought by
Dubach John Matthew and Rutenbeck Liza R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.12%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $720,000 | None Available | |
| Not Resolvable | $680,000 | -- | |
| Deed | $395,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $470,000 | Purchase Money Mortgage | |
| Previous Owner | $532,000 | Unknown | |
| Previous Owner | $316,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $720,000 | +6.0% | $576 / Sq Ft |
| 02/15/2021 02/15/21 | Pending | -- | -- | -- |
| 02/15/2021 02/15/21 | For Sale | $679,000 | -0.1% | $543 / Sq Ft |
| 05/24/2016 05/24/16 | Sold | $680,000 | +24.8% | $544 / Sq Ft |
| 04/06/2016 04/06/16 | Pending | -- | -- | -- |
| 03/30/2016 03/30/16 | For Sale | $545,000 | -- | $436 / 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 | $7,760 | $711,300 | $0 | $711,300 |
| 2024 | $7,332 | $697,000 | $0 | $697,000 |
| 2023 | $7,113 | $687,900 | $0 | $687,900 |
| 2022 | $6,737 | $661,800 | $0 | $661,800 |
| 2021 | $6,598 | $647,500 | $0 | $647,500 |
| 2020 | $6,323 | $626,700 | $0 | $626,700 |
| 2019 | $6,532 | $607,100 | $0 | $607,100 |
| 2018 | $6,630 | $586,200 | $0 | $586,200 |
| 2017 | $6,459 | $553,500 | $0 | $553,500 |
| 2016 | $5,996 | $478,500 | $0 | $478,500 |
| 2015 | $5,306 | $420,800 | $0 | $420,800 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
David Shorey
Real Broker MA, LLC
(781) 962-4028
153 Total Sales
-
S
Seller Co-Listing Agent in 2021
Steve Rankin
Real Broker MA, LLC
-
Buyer's Agent in 2021
Doug Hills
Compass
(617) 863-2317
32 Total Sales
-
Seller's Agent in 2016
Robin Kelly
Coldwell Banker Realty - Cambridge
(617) 852-3776
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72785902
APN: SOME-000011-I000000-000025-000003
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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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