$476,450
SOLD APR 4, 2013

98 Electric Ave Unit 2 Somerville, MA 02144

2 Beds
1 Bath
1,220 Sq Ft
1900 Built

Recently Sold

$391 Per Sq Ft

1% Below List Price

32 Days on Market

About This Home

As of August 2023

Sunny, sophisticated, and sparkling condo minutes from Tufts/Davis Sq.! Open layout featuring glowing hardwoods throughout and high ceilings. Two exclusive decks. Large kitchen with SS appliances and dining area. Huge bathroom with jacuzzi tub, separate shower stall, surrounded in stone tile. Very large bedrooms, 1st featuring built-in shelves, 2nd with two large closets. 1 garage parking space +1 driveway. Large back entry stairs for moving up big furniture. 3 yr old roof, gutters, and decks.

Last Agent to Sell the Property

Shawn Flynn

The Dory Group Listed on: 01/21/2013

Last Buyer's Agent

Mary Murray

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,837

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School
  • Electric: 220 Volts, Circuit Breakers, 100 Amps
  • Flooring: Tile, Hardwood
  • Insulation: Partial
  • Bedroom 2: Second Floor, 15X15
  • Kitchen: Second Floor, 12X15
  • Living Room: Second Floor, 16X18
  • Master Bedroom: Second Floor, 20X12

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street, Assigned
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Extra Storage
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 2

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

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Range of Values:

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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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71475268

MLS Property Information Network (MLS PIN)

APN: SOME-000011-H000000-000004-000002