27 Electric Ave # 3, Somerville MA 02144

Somerville, MA 02144
$700,000
Est. $3,726/month
1
Beds
1
Baths
826
Sq Ft
$847
Price/Sq Ft
1900
Year Built
Condominium
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73353544

About this home

If you are looking for a bright and airy top-floor condo in a prime Somerville location, this is the one. Just minutes from Davis Square with easy access to the Red and Green Lines, this home is perfect for commuters and city lovers alike. Vaulted ceilings with skylights flood the entire space with natural light, while the updated kitchen and bath add modern convenience. An extra room off the kitchen is ideal for a home office or extra storage. Enjoy morning coffee or summer evenings on your private deck with peaceful treetop views or have a cookout with friends in the shared yard space below. Central air, in-unit laundry, and dedicated basement storage make everyday living effortless. With top restaurants, shops, and entertainment just outside your door, you'll love the vibrant lifestyle this location offers. Whether you are looking for your first home or a new investment, Electric Ave is the place to be.

Sale Statistics

Sale Overview
Original List Price: $689,000
Final Sale Price: $700,000
Difference: +$11,000 (+1.6%)
Performance Metrics
101.6%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $834
Sale $/sq ft: $847
This property sold for $847 per square foot
Sale Summary

This property sold for 1.6% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
826 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Interior Features

Flooring
Tile, Hardwood, Flooring - Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Washer, Dryer
Interior Features
Lighting - Overhead, Home Office, Entry Hall
Laundry Features
Third Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Skylight(s), Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Slate
Exterior Features
Deck - Wood, Patio, Rain Gutters
Patio/Porch Features
Deck - Wood, Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Parking Features
On Street

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, T-Station, University
HOA Fee
$150
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,203
Tax Year
2024
Tax Assessed Value
$589,600
Parcel Number
M:11 B:C L:19 U:3,4436373
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Common Walls
No One Above

Location

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Neighborhood

27 Electric Ave # 3, Somerville MA 02144

Somerville, MA 02144

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $517
Homeowners Insurance $200
HOA Fee $150
PMI $0

Property History

Market Insights

1.6%
Price Range
19
Total Days on Market

Property Timeline

Sold
May 12, 2025
$700,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Apr 2, 2025
$689,000
Original listing
Agent: Steve McKenna & The Home Advantage Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Apr 2, 2025 New Listing Added $689,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$847

Tax History

Year Taxes Assessment
2024 $6,203 $589,600

Financial Details

Annual Property Tax
$6,203
Tax Year 2024
HOA Fee
$150
Monthly
Assessed Value
$589,600

Listing Information

Listing Agent Steve McKenna & The Home Advantage Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM336360
Office MLS ID AN6101

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