98 Electric Ave Unit 3 Somerville, MA 02144
Estimated Value: $833,000 - $989,970
2
Beds
1
Bath
1,238
Sq Ft
$182/mo
HOA Fee
Highlights
- Wood Flooring
- Forced Air Heating and Cooling System
- 3-minute walk to Lou Ann David Park
- Somerville High School Rated A-
About This Home
As of June 2021Unique loft-style penthouse conveniently located between Davis and Teele Squares. A foyer with bay windows and a built-in window seat welcomes you; upstairs, the unit reveals soaring heights and a layout that is open while still providing discrete spaces to live and work. The kitchen features stainless steel appliances and a breakfast bar, and leads out to a private balcony. The adjacent dining area has oversized convertible skylights that open fully to hint at the feeling of a Juliet balcony. In the living room, the intersecting lines of the vaulted ceilings provide visual interest, and the wall is a large canvas upon which to display your favorite artwork. The primary bedroom is a tranquil retreat, with a large closet and another vaulted ceiling. Through a set of frosted French doors, the second bedroom has access to a second private balcony. Air conditioning, in-unit washer/dryer, a large private yard, additional storage, and 2-car parking round out this special offering.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,008
Year Built
- Built in 1900
HOA Fees
- $182 per month
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood Flooring
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Basement
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:11 B:H L:4 U:3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2021
Closed on
Jun 18, 2021
Sold by
Greenberger Rachel
Bought by
Wesselhoeft Robert A
Seller's Agent
Liz & Ellie Real Estate
Compass
Buyer's Agent
Ana Andreev
Compass
List Price
$789,000
Sold Price
$828,000
Premium/Discount to List
$39,000
4.94%
Total Days on Market
7
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
$74,493
Avg. Annual Appreciation
2.19%
Original Mortgage
$678,000
Outstanding Balance
$620,489
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,004
Purchase Details
Closed on
Aug 4, 2011
Sold by
Bosley Katrine S
Bought by
Greenberger Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 6, 2001
Sold by
98 Electric Ave Llc
Bought by
Bosley Katrine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.21%
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 |
|---|---|---|---|
| Wesselhoeft Robert A | $828,000 | None Available | |
| Greenberger Rachel | $430,000 | -- | |
| Bosley Katrine S | $415,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wesselhoeft Robert A | $678,000 | |
| Previous Owner | Greenberger Rachel | $170,000 | |
| Previous Owner | Bosley Katrine S | $175,000 | |
| Previous Owner | Bosley Katrine S | $284,550 | |
| Previous Owner | Bosley Katrine S | $290,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $828,000 | +4.9% | $669 / Sq Ft |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- |
| 05/05/2021 05/05/21 | For Sale | $789,000 | -- | $637 / 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 | $9,008 | $825,700 | $0 | $825,700 |
| 2024 | $7,835 | $744,800 | $0 | $744,800 |
| 2023 | $7,601 | $735,100 | $0 | $735,100 |
| 2022 | $6,796 | $667,600 | $0 | $667,600 |
| 2021 | $6,656 | $653,200 | $0 | $653,200 |
| 2020 | $6,379 | $632,200 | $0 | $632,200 |
| 2019 | $6,592 | $612,600 | $0 | $612,600 |
| 2018 | $6,689 | $591,400 | $0 | $591,400 |
| 2017 | $6,514 | $558,200 | $0 | $558,200 |
| 2016 | $6,022 | $480,600 | $0 | $480,600 |
| 2015 | $5,471 | $433,900 | $0 | $433,900 |
Source: Public Records
Agents Affiliated with this Home
-
Liz & Ellie Real Estate
Seller's Agent in 2021
Liz & Ellie Real Estate
Compass
(617) 444-9644
110 Total Sales
-
Ana Andreev
Buyer's Agent in 2021
Ana Andreev
Compass
(617) 458-2599
31 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72826126
APN: SOME-000011-H000000-000004-000003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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