$850,000
SOLD AUG 9, 2023

98 Electric Ave Unit 2 Somerville, MA 02144

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

Recently Sold

$697 Per Sq Ft

6% Above List Price

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

Similar Homes in the area

  • 57 Packard Ave Unit 3, Somerville, MA 02144

    $879,900

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 57 Packard Ave
    • Unit 3
    • Somerville, MA

    Discover this spectacular GUT RENOVATED SUNSPLASHED PENTHOUSE UNIT with a great open floor plan & contemporary design. AMAZING LOCATION...A HALF MILE OR LESS TO THE RED LINE (.5) ,GREEN LINE (.4) and a block from Tufts. LUXURY QUARTZ COUNTER KITCHEN with designer touches including new stainless appliances, wainscoat breakfast island, oversized subway tile backsplash, and JSI brand soft close

    Steve Bremis Steve Bremis Realty Group

    Section Image
  • 52 Powder House Blvd Unit 2, Somerville, MA 02144

    $669,000

    • 1 Bed
    • 1.5 Baths
    • 889 Sq Ft
    • 52 Powder House Blvd
    • Unit 2
    • Somerville, MA

    Classic Charm Near Tufts UniversityThis spacious one-bedroom home occupies the second floor of a distinctive stucco residence, perfectly positioned across from Tufts' open fields—offering a quieter slice of Somerville.Character abounds throughout, from original columns and built-ins to elegant leaded glass and inviting window seats. The updated kitchen, brightened by nine windows, features

    Alison Socha Leading Edge Real Estate

    Section Image
  • 84 Adams St Unit 2, Medford, MA 02155

    $779,000

    • 3 Beds
    • 1 Bath
    • 1,908 Sq Ft
    • 84 Adams St
    • Unit 2
    • Medford, MA

    Spacious 3BR/1BA two-level condo on picturesque tree-lined street in highly sought-after Medford-Somerville Tufts area! Main floor boasts eat-in kitchen w/island breakfast bar and access your very own private deck, open front-facing living/dining room flooded with natural light, 2 generous bedrooms plus versatile 3rd BR currently used as walk-in closet. Full tiled bath completes first level.

    Justin Rollo Signal Real Estate

    Section Image
  • 9 Kidder Ave Unit 2, Somerville, MA 02144

    $820,000

    • 2 Beds
    • 2 Baths
    • 932 Sq Ft
    • 9 Kidder Ave
    • Unit 2
    • Somerville, MA

    Enjoy this beautiful condo w/ loads of natural light, bamboo floors, & new Mitsubishi A/C/H. A delightful 2 bed, 2 bath, 932+ sq ft condo located in the heart of Somerville. Perfectly situated: Powder House Park, Minuteman Bike Path, Harvard Sq bus, walk to Davis or Ball Sq shops, restaurants, Red/Green Lines, Tufts, Harvard, MIT. Carefully crafted in 1894 by James Stockwell the architect’s

    Danny Griffin Griffin Realty Group

    Section Image
  • 10 Cottage Ave Unit 10A, Somerville, MA 02144

    $674,000

    • 1 Bed
    • 1 Bath
    • 825 Sq Ft
    • 10 Cottage Ave
    • Unit 10A
    • Somerville, MA

    Welcome to 10 Cottage! This 1st Floor Condo is part of a 2 Unit Building, both owner occupied. This conversion was done back in 2000. Location is the selling point here as you are walking distance to both Davis Sq and Porter Sq. Still you are in a quiet area on a tree lined residential street with amazing curb appeal. As you enter your unit you will find the traditional charm w/ high

    The Paradigm Team Coldwell Banker Realty - Newton

    Section Image
  • 395 Alewife Brook Pkwy Unit PH E, Somerville, MA 02144

    $938,000

    • 2 Beds
    • 2 Baths
    • 1,548 Sq Ft
    • 395 Alewife Brook Pkwy
    • Unit PH E
    • Somerville, MA

    Welcome home to The Parkway, a newly built condominium community by one of Boston's premier developers. Your expansive Penthouse offers two well-appointed bedrooms, a large study, and an open-concept living space ideal for entertaining. The gourmet kitchen provides style and function, featuring a Thermador range, quartz countertops, and a custom-built hood. The sleek, modern bathrooms and private

    Justin Pepple Fortune RE

    Section Image
  • 95 Pearson Ave Unit 1, Somerville, MA 02144

    $775,000

    • 2 Beds
    • 1 Bath
    • 1,090 Sq Ft
    • 95 Pearson Ave
    • Unit 1
    • Somerville, MA

    Unbeatable location! This turnkey first floor condo is just 2 blocks from Ball Square and the Somerville Community Path, and just 3/4 of a mile to Davis Square and Tufts. A commuter’s dream with easy access to both the Green and Red lines. Sun-filled with a large open concept living area, this home is warm and inviting. Soaring ceilings, charming stained glass and bay windows with hardwood floors

    Judith Brady Berkshire Hathaway HomeServices Commonwealth Real Estate

    Section Image
  • 7 Beech St Unit 319, Cambridge, MA 02140

    $930,000

    • 1 Bed
    • 1 Bath
    • 748 Sq Ft
    • 7 Beech St
    • Unit 319
    • Cambridge, MA

    Welcome to Unit 319 at Saint James Place, a beautifully designed 1-bedroom apartment that blends modern simplicity with luxury. Built in 2021, the building overlooks a manicured church courtyard and features vibrant artwork, a glass-walled resident lounge, a reservable guest suite, and serene views of the courtyard and zen garden. Inside, the Bosch-equipped kitchen opens to a bright living room

    Montivista Real Estate Group eXp Realty

    Section Image
  • 36 Burnside Ave Unit 3, Somerville, MA 02144

    $749,000

    • 2 Beds
    • 2.5 Baths
    • 980 Sq Ft
    • 36 Burnside Ave
    • Unit 3
    • Somerville, MA

    Welcome to Unit 3 of this beautifully reimagined three-unit residence, perfectly located just minutes from Porter and Davis Squares. This thoughtfully designed home offers 950 sq ft of modern living space, ideal for anyone seeking comfort, style, and convenience in a prime location.Featuring 2 spacious bedrooms and 2.5 bathrooms, including two en-suites, this unit combines smart design with

    Catherine Rocha-Reis CENTURY 21 Revolution

    Section Image

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 Type Sale Price Title Company
Deed $458,000 --
Deed $429,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 Purchase Money Mortgage
Closed $246,500 New Conventional
Closed $458,000 Purchase Money Mortgage
Previous Owner $91,000 No Value Available
Previous Owner $343,200 No Value Available
Previous Owner $64,400 No Value Available
Previous Owner $343,200 Purchase Money Mortgage
Closed $64,350 No Value Available
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