13 days on rocket

Backup Offers

69 Electric Ave, Somerville, MA, 02144

$1,399,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
3,051 SqFt
$459/SqFt
Multi

Location

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69 Electric Ave, Somerville$1,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Garage1 space
Year Built1886
BasementYes
MLS #73305166
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Contingent)

About 69 Electric Ave

What a setting! Walk or drive by and see for yourself, this one is special. Set on a tree-lined, beautiful West Somerville street of well-maintained homes - just outside the hustle-and-bustle - this HUGE two-family has been lovingly cared for for several decades and is ready for the next generation. The exterior is crisp, the landscaping cute, and the interior is ready for your touches and improvements. Downstairs is a Philly style 2 bedroom with access to the grassy backyard. Upstairs feels more like a home in itself, with a classic stairwell between the two floors and tons of space and light. The extra long driveway appears to fit 4 cars and has a garage too. Updated heating and hot water are both gas. Newer windows. Close walk to Tufts or Davis and a stones throw from Teele, yet peaceful. Home is vacant and easy to show. Come on by and peek under the wall to wall carpet, you can start to picture what a home this could be with a little imagination. OPEN HOUSE SUNDAY 10/27 1pm - 2pm

Property Details

Property Features

Property Information:

  • Year Built: 1886
  • Living Area: 3,051 SqFt

Listing Office:

  • Office Name: CPG Advisory Services
  • Office Phone: (617) 212-4044
  • Listing Agent: Douglas McGregor

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.09 Acres

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • West Somerville Neighborhood, Public District Grades PK-8
  • John F Kennedy, Public District Grades PK-8
  • Arthur D Healey, Public District Grades KG-8
  • Benjamin G Brown, Public District Grades KG-6

Other

Directions Information:

  • Directions: Just off Packard

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000
  • Price Per SqFt: $459/SqFt

Tax Information:

  • Annual Amount: $11,327
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Somerville, MA.

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Somerville, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$630

Avg. Days On Market

39

# of Sold Homes

40

69 Electric Ave vs Somerville

13 DAYS ON ROCKET

-26 Days

$1,399,000

+$300.8K More

$459/SqFt

-$171 Less

KEY TAKEAWAY

This property is $300.8K more than the Median Sold Price and $171/SqFt less than other homes in Somerville, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73305166

Listing Office:

  • Office Name: CPG Advisory Services
  • Office Phone: (617) 212-4044
  • Listing Agent: Douglas McGregor

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,327$1,111,600
2020$10,966$1,086,800
2019$10,417$968,100
2018$9,645$852,800
2017$9,449$809,700

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2009071
10
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 0.69 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2009072
8
/10

  • West Somerville Neighborhood

  • 177 Powder House Blvd

  • 0.20 miles

  • Public District Grades PK-8

school-card-donut-2009073
8
/10

  • John F Kennedy

  • 5 Cherry St

  • 1.07 miles

  • Public District Grades PK-8

school-card-donut-2009074
5
/10

  • Arthur D Healey

  • 5 Meacham St

  • 1.55 miles

  • Public District Grades KG-8

High School

school-card-donut-2009075
5
/10

  • Somerville High School

  • 81 Highland Ave

  • 1.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,060. The majority of Somerville, MA residents have income between $100k-200k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Somerville›02144›69 Electric Ave

This home is located at 69 Electric Ave in Somerville, MA and zip code 02144 in the Tufts neighborhood. This 3,051 square foot home, which was built in 1886, sits on a 0.09 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $1,399,000.

Somerville, MA housing market in October 2024 saw over 12 listings sold above listed price, more than 5 sold at listed price and over 23 sold below. The number of listings in Somerville, MA increased by 8.5% between September 2024 and October 2024. In October 2024 median list price was $1,098,130 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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