NOT LISTED FOR SALE

98 Electric Ave Unit 2 Somerville, MA 02144

Estimated Value: $897,000 - $930,000

2 Beds
1 Bath
1,220 Sq Ft
$178/mo HOA Fee

Last Sold August 09, 2023

Last sale price $850,000 $697 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,952/month

6 Days on Market

Highlights

  • Open Floorplan
  • Custom Closet System
  • Property is near public transit
  • Somerville High School Rated A-
  • Deck
  • 3-minute walk to Lou Ann David Park

About This Home

As of August 2023

Step inside this sun splashed, freshly painted 2 bedroom condo just minutes from Teele Square,Tufts & Davis Square! This 2nd floor unit has a fantastic open layout and features high ceilings, crown molding, gas heat, central air, and hardwood floors throughout. The large kitchen boasts plenty of cabinets, SS appliances and a designated dining space. There are two oversized bedrooms with great closet space. The tiled bathroom showcases a jacuzzi tub and separate shower stall. Enjoy the two exclusive decks with a good book or the perfect summer drink. Laundry in unit and an additional storage area. There is one garage parking space and one driveway space. Restaurants, shops, and major routes all right outside your door. Talk about location!

Last Agent to Sell the Property

Mary Murray

Gibson Sotheby's International Realty Listed on: 06/22/2023

Gibson Sotheby's International Realty

Co-Listed By

Shannon DeOliveira

Gibson Sotheby's International Realty

Last Buyer's Agent

The Rasner Group

Keller Williams Realty Boston-Metro | Back Bay

Keller Williams Realty Boston-Metro | Back Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,457

Year Built

  • Built in 1900 | Remodeled

HOA Fees

  • $178 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Bay Window
  • Insulated Doors
  • Basement
  • Exterior Basement Entry
  • Intercom

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • 1 Full Bathroom
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number M:11 B:H L:4 U:2,4118077

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, reserve funds
  • 3 Units

Amenities

  • Common Area
  • Shops
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,457

Year Built

Built in 1900 | Remodeled

Lot Details

0

HOA Fees

$178 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Entry Level: 2
  • Transaction Broker: 1
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Lighting - Overhead
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Washer Hookup
  • Bathroom 1 Level: Second
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Balcony / Deck, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Laundry Features: Washer Hookup, Second Floor, In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Pendant
  • Basement: Y
  • Living Area: 1220
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 654.92
  • PRICE PER Sq Ft: 696.72
  • MAIN SO: BB5522

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Covered
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Deeded, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 177.98
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Highway Access, House of Worship, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:11 B:H L:4 U:2,4118077
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 196
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7457
  • Tax Book Number: 61547

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2004
Sold by
Bolton Sara M
Bought by
Ohler Craig
Current Estimated Value
$909,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2001
Sold by
98 Electric Ave Llc
Bought by
Bolton Sara and Bolton C M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ohler Craig $458,000 --
Bolton Sara $429,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirzakashani Ariana $680,000
Closed Lin Tzi Hsuan $246,500
Closed Ohler Craig $458,000
Previous Owner Bolton Sara M $91,000
Previous Owner Bolton Sara M $343,200
Previous Owner Bolton Sara $64,400
Previous Owner Bolton Sara $343,200
Closed Bolton Sara $64,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $850,000 +6.4% $697 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $799,000 +67.7% $655 / Sq Ft
04/04/2013 04/04/13 Sold $476,450 -0.7% $391 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $479,900 -- $393 / 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 $8,837 $810,000 $0 $810,000
2024 $7,687 $730,700 $0 $730,700
2023 $7,457 $721,200 $0 $721,200
2022 $7,066 $694,100 $0 $694,100
2021 $6,921 $679,200 $0 $679,200
2020 $6,634 $657,500 $0 $657,500
2019 $6,855 $637,100 $0 $637,100
2018 $6,957 $615,100 $0 $615,100
2017 $6,633 $568,400 $0 $568,400
2016 $6,435 $513,600 $0 $513,600
2015 $5,599 $444,000 $0 $444,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73128181

MLS Property Information Network (MLS PIN)

APN: SOME-000011-H000000-000004-000002