NOT LISTED FOR SALE

Estimated Value: $2,041,000 - $2,971,201

6 Beds
4 Baths
3,460 Sq Ft
$694/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $1,950,000 $564 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,378/month

10 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • 3-minute walk to Porter Square Station

About This Home

As of April 2019

Ideally located on the corner of Orchard and Davenport, one block to Porter Square and approximately a half mile to Davis Square, this three family house is perfect for the long term investor or owner occupant. Located on a coveted tree lined street, the house provides immediate access to the multitude of amenities, eateries and shops that these popular Cambridge and Somerville destinations have to offer. Each unit occupies one level and has two bedrooms, each has a slightly different feel and layout. The first floor unit has in unit laundry and the second has two bathrooms, one included as part of a master suite. Finally the third floor unit, with renovated kitchen and bath(2016) has a great open layout with a bird's eye view of Porter Square. All three units have a strong rental history and have been well maintained. Set at the end of a one way street, situated on a corner lot, residents enjoy driveway parking for 2 cars. Tremendous opportunity for an investment in a prime location.

Last Listed By

Max Dublin

Gibson Sotheby's International Realty Listed on: 03/04/2019

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,836

Year Built

  • Built in 1895

Lot Details

  • 2,614

Additional Features

  • Wood Flooring
  • Patio
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00179 L:00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,836

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 534.68
  • Comp Based On: Net Sale Price
  • Year Built: 1895
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1895

Interior Features

  • Fireplaces: 2
  • Flooring: Wood
  • Total Flrs: 6
  • Total Frplcs: 2
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB5918
  • Main So: AN1787
  • Estimated Sq Ft: 3460.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Patio

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 3

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Public School, T-Station

Lot Info

  • Assessments: 1405900.00
  • Acre: 0.06
  • Lot Size: 2640.00
  • Page: 365
  • Parcel Number: M:00179 L:00009
  • Zoning: res
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 8650
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 8843.00
  • Assessor Parcel Number: 412423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2012
Sold by
Stanley J Gedaminsky R
Bought by
Gedaminsky Stanley J and Gedaminsky Lisa S
Total Days on Market
10
Current Estimated Value
$2,400,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2006
Sold by
Gedaminsky Stanley J
Bought by
Stanley J Gedaminsky R

Purchase Details

Closed on
Nov 3, 1992
Sold by
Zaglakas James G
Bought by
Gadaminsky Stanley J

Range of Values:

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Average Value
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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
Gedaminsky Stanley J -- --
Stanley J Gedaminsky R -- --
Gadaminsky Stanley J $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gedaminsky Stanley J $80,000
Closed Gedaminsky Stanley J $80,000
Open Gedaminsky Stanley J $352,000
Closed Gedaminsky Stanley J $355,000
Previous Owner Gedaminsky Tr Lisa S $40,000
Previous Owner Gedaminsky Stanley J $20,000
Previous Owner Gadaminsky Stanley J $280,000
Previous Owner Gadaminsky Stanley J $150,000
Previous Owner Gadaminsky Stanley J $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $1,950,000 +5.4% $564 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $1,850,000 -- $535 / 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 $12,836 $2,021,400 $659,100 $1,362,300
2024 $11,928 $2,014,800 $702,700 $1,312,100
2023 $11,229 $1,916,200 $718,600 $1,197,600
2022 $10,609 $1,792,100 $710,100 $1,082,000
2021 $10,130 $1,731,600 $695,000 $1,036,600
2020 $9,749 $1,695,400 $688,100 $1,007,300
2019 $9,177 $1,544,900 $597,000 $947,900
2018 $8,843 $1,405,900 $553,000 $852,900
2017 $8,678 $1,337,100 $527,900 $809,200
2016 $8,236 $1,178,200 $432,800 $745,400
2015 $7,725 $987,800 $340,300 $647,500
2014 $6,716 $801,400 $283,600 $517,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72460219

MLS Property Information Network (MLS PIN)

APN: CAMB-000179-000000-000009