Perfect opportunity to own this newly renovated luxury condo, a blend of true classic and contemporary design. Tucked between Teele square and Tufts University in a sought-after yet quiet street with easy access to Davis Sq., red line and green line T stations. No expenses were spared in constructing this extraordinary condo, featuring great curb appeal, big front and back yard, open layout, simple modern elegance, high ceilings, finest craftsmanship, and high-end finish. With 3 beds, 3 full baths, 2 master suites, this 2-level unit offers ample space, privacy and natural light. The Chef's kitchen, complete with Thermador appliances, a wine cooler, and an oversized center island, is perfect for entertainment. Lower level provides generous living space with a bar, an office, and a master suite. Enjoy family time in front of the dazzling electrical fireplace. Indulge in the peaceful surroundings on the gorgeous deck and patio. NEST thermostats & door bell, Yale key lock.
Property Details
Property Features
Property Information:
Year Built: 1886
Living Area: 2,390 SqFt
Listing Office:
Office Name: U3 Realty, LLC
Listing Agent: Sharon Tang
Interior Features
Interior Information:
Appliances: Range, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
Flooring Type: Tile, Vinyl, Hardwood
Interior: Home Office
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Deck - Composite, Patio, Fenced Yard
Parking Information:
Parking: Off Street, Tandem, Common, Stone/Gravel
Utilities
Utilities Information:
Heating: Central, Forced Air, Natural Gas, Other
Cooling: Central Air, Other
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: Packard Ave to Electric Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,249,000
Price Per SqFt: $523/SqFt
Agent Commission:
Buyer's Agent Commission: 2
HOA Fees:
Amount: $180
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Somerville, MA.
This property is $219K more than the Median Sold Price and $107/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: #73235399
Listing Office:
Office Name: U3 Realty, LLC
Listing Agent: Sharon Tang
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.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/31/2024, 4:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,481
Per Month
Principal & Interest
$6,234
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$180
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,811
Powered By
Advertisement
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
10
/10
Benjamin G Brown
201 Willow Ave
Distance between this listing and this school0.73 miles
Public District Grades KG-6
Middle School
8
/10
West Somerville Neighborhood
177 Powder House Blvd
Distance between this listing and this school0.17 miles
Public District Grades PK-8
8
/10
John F Kennedy
5 Cherry St
Distance between this listing and this school1.11 miles
Public District Grades PK-8
5
/10
Arthur D Healey
5 Meacham St
Distance between this listing and this school1.59 miles
Public District Grades KG-8
High School
5
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school1.85 miles
Public District Grades 9-12
Assigned Schools
10
/10
Benjamin G Brown
201 Willow Ave
Distance between this listing and this school0.73 miles
Public District Grades KG-6
Nearby Schools
6
/10
Peabody
70 Rindge Ave
Distance between this listing and this school0.85 miles
Public District Grades PK-5
9
/10
Benjamin Banneker Charter Public School
21 Notre Dame Ave
Distance between this listing and this school0.89 miles
Public Charter Grades KG-6
Assigned Schools
8
/10
West Somerville Neighborhood
177 Powder House Blvd
Distance between this listing and this school0.17 miles
Public District Grades PK-8
8
/10
John F Kennedy
5 Cherry St
Distance between this listing and this school1.11 miles
Public District Grades PK-8
5
/10
Arthur D Healey
5 Meacham St
Distance between this listing and this school1.59 miles
Public District Grades KG-8
Assigned Schools
5
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school1.85 miles
Public District Grades 9-12
Nearby Schools
2
/10
Curtis-Tufts
437 Main St
Distance between this listing and this school0.96 miles
Public District Grades 9-12
5
/10
Medford Vocational Technical High School
489 Winthrop St
Distance between this listing and this school1.83 miles
The neighbors living near this home have an average income of $105,060. Typical income of Somerville, MA residents is between $100k-200k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 83 Electric Ave Unit 83
What is the listing price of this property?
The listing price of 83 Electric Ave Unit 83 property is $1,249,000.
What type of property is this?
The property 83 Electric Ave Unit 83 is a condo located in Somerville, Massachusetts, 02144.
Is this property for sale now?
Active Listing: 83 Electric Ave Unit 83 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 83 Electric Ave Unit 83 are: Benjamin G Brown: GreatSchools Rating 10/10West Somerville Neighborhood: GreatSchools Rating 8/10John F Kennedy: GreatSchools Rating 8/10Arthur D Healey: GreatSchools Rating 5/10Somerville High School: GreatSchools Rating 5/10
How many bedrooms and bathrooms does this property have?
The property at 83 Electric Ave Unit 83 has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 83 Electric Ave Unit 83 is 2,390 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 83 Electric Ave Unit 83 is 1886.
This home is located at 83 Electric Ave Unit 83 in Somerville, MA and zip code 02144 in the Tufts neighborhood. This 2,390 square foot home was built in 1886. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $1,249,000.
In April 2024 more than 21 listings in Somerville, MA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 15 were sold below. The number of homes for sale in Somerville, MA increased by 28.9% between March 2024 and April 2024. Listings spent 37 days on the market in April 2024, and had a median list price of $1,029,983 during the same period.
From Rocket Homes Real Estate and based on county public records data.