98 Electric Ave # 2, Somerville MA 02144

Somerville, MA 02144 • Teele Square
$850,000
2
Beds
1
Baths
1,220
Sq Ft
$697
Price/Sq Ft
1900
Year Built
1
Garage Space
6
Days on Market
Sold Listed Jun 22, 2023 • MLS# 73128181 Copied! • Updated Aug 9, 2023

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Sale Statistics

Sale Overview
Original List Price: $799,000
Final Sale Price: $850,000
Difference: +$51,000 (+6.4%)
Performance Metrics
106.4%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $655
Sale $/sq ft: $697
This property sold for $697 per square foot
Sale Summary

This property sold for 6.4% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 38 similar properties sold within 0.5 miles in the last 90 days

This Property
$697/sq ft
Area Median
$670/sq ft
Difference
+4.0%

This property sold slightly above the area median for similar homes.

About this home

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!

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Recently Sold Nearby

Property History

Market Insights

7.6%
Price Range
7
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73532154
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 10, 2026
$865,000
MLS #73532154
Sold
Aug 9, 2023
$850,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Jun 22, 2023
$799,000
Original listing
Agent: Team Murray Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2023 $7,457 $721,200

Financial Details

Annual Property Tax
$7,457
Tax Year 2023
HOA Fee
$178
Monthly
Assessed Value
$721,200

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,220 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Washer Hookup, Second Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Covered Patio/deck
Pool None
Spa None
Fencing None
Patio/Porch Deck, Covered
Garage Spaces 1
Has Garage Yes
Features Detached, Deeded, Off Street
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup
Annual Tax $7,457
Assessed Value $721,200

HOA & Community

HOA Fee $178 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds
Amenities Storage
Optional Fee Includes None
Owner-Occupied Units 3
Pets Yes
Seller Disclosures Lead Paint Documents On Paperclip, Taxes Do Not Reflect Residential Exemption
Exclusions Furniture
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 2
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Association Financial Statements (4)
County Middlesex
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,220 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Washer Hookup, Second Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2001
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Deck, Covered Patio/Deck
Patio & Porch: Deck, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Deeded, Off Street
School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
A
John F Kennedy School
1.1 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
St. Theresa of the Child Jesus School
1.5 mi
Grades PK-08
C+
Arthur D Healey School
1.6 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
2.2 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
2.3 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
2.3 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
Tufts Educational Day Care Center
0.3 mi
Grades PK-K
A+
Benjamin G Brown School
0.8 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Capuano Early Childhood Center
2.5 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
2.0 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
2.0 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
2.0 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
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Location

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Neighborhood

Teele Square

98 Electric Ave # 2, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Agent Team Murray
Listing Office Gibson Sotheby's International Realty
Office Phone 781-648-3500
Agent MLS ID TM345074
Office MLS ID AN6101
Listing Data Updated Aug 9, 2023 12:56 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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