NOT LISTED FOR SALE

Estimated Value: $306,000 - $582,000

-- Bed
1 Bath
368 Sq Ft
1971 Built

Last Sold October 01, 2012

Last sale price $145,500 $395 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,158/month

22 Days on Market

About This Home

As of October 2012

Beautifully appointed end unit Studio, one block from Spy Pond, public transportation & bike path. Unlike any other unit in this small association, this Studio has an open floor plan, renovated kitchen and bath. Located in East Arlington just minutes from Cambridge and Alewife T Station. Perfect for the first-time home buyer or anyone looking to no longer rent. Rare gem!

Last Agent to Sell the Property

Mark Lesses

Coldwell Banker Realty - Lexington Listed on: 07/16/2012

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Katherine Waters-Clark

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,840

Year Built

1971

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Has Basement: No
  • Number of Rooms: 1
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails
  • Flooring: Tile, Wall to Wall Carpet
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor

Exterior Features

  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Garage Parking: Attached, Under
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Condominium Name: 1 Belknap Condominum
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance
  • Management: Owner Association
  • No Units: 8
  • Unit Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 1, 2012
Sold by
Farrand Kathryn M
Bought by
Gupta Meenakshi C and Gupta Ankur
Seller's Agent
Mark Lesses
Coldwell Banker Realty - Lexington
Buyer's Agent
Katherine Waters-Clark
Compass
List Price
$155,000
Sold Price
$145,500
Premium/Discount to List
-$9,500
-6.13%
Current Estimated Value
$350,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,315
Avg. Annual Appreciation
6.68%
Original Mortgage
$109,125
Outstanding Balance
$77,285
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$257,030

Purchase Details

Closed on
Oct 14, 2005
Sold by
Newport Rt and Cacciola
Bought by
Lee Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,650
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gupta Meenakshi C $145,000 --
Lee Kathryn $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Meenakshi C $109,125
Previous Owner Lee Kathryn $129,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $145,500 -6.1% $395 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $155,000 -- $421 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $2,840 $263,700 $0 $263,700
2024 $2,677 $252,800 $0 $252,800
2023 $2,721 $242,700 $0 $242,700
2022 $2,697 $236,200 $0 $236,200
2021 $2,422 $213,600 $0 $213,600
2020 $2,193 $198,300 $0 $198,300
2019 $2,011 $178,600 $0 $178,600
2018 $1,801 $148,500 $0 $148,500
2017 $1,740 $138,500 $0 $138,500
2016 $1,773 $138,500 $0 $138,500
2015 $1,772 $130,800 $0 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71410035

MLS Property Information Network (MLS PIN)

APN: ARLI-000008A-000001-000004