NOT LISTED FOR SALE
6 Beds
6 Baths
5,444 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: July 3, 2018

Last sale price $2,808,000 $516 Per Sq Ft

35 Days on Market

Highlights

  • Wood Flooring
  • Cambridgeport Rated A-
  • 2-minute walk to Gold Star Mothers Park

About This Home

As of July 2018

Pleased to present the opportunity to purchase the multi-family investment property located at 11-13 Sciarappa Street in East Cambridge, Massachusetts. The three-story building is located on a .05-acre lot and contains six units in 5,444 rent-able square feet plus an unfinished basement. Constructed in 1900, the property has six, 1-bedroom / 1-bathroom apartments each containing an extra room currently used as a den/home office. The Property will be delivered vacant offering investors the opportunity to acquire a multifamily asset with the flexibility to add additional value in one of the strongest sub-markets in New England. With a modification to the layouts, each unit can see an increase in rental income potential by converting the pantry/den areas into an additional bedroom. ALL OFFERS DUE BY 5/4/18

Last Agent to Sell the Property

Matt Marshall

Marshall Kozak, LLC. Listed on: 04/02/2018

Last Buyer's Agent

Matt Marshall

Marshall Kozak, LLC. Listed on: 04/02/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,178

Flooring

  • Wood
  • Laminate

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 514.33
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Varies Per Unit, Laminate
  • Total Flrs: 9
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 6
  • Total Fbh: 6
  • No Rooms: 20
  • Basement: Y
  • Basement Features: Full, Dirt Floor
  • Main Lo: AC1644
  • Main So: AC1644
  • Estimated Sq Ft: 5444.00

Exterior Features

  • Construction: Frame
  • Roof Material: Tar & Gravel, Rubber
  • Exterior: Shingles, Vinyl
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 60 Amps/Less
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Public School, T-Station

Lot Info

  • Assessments: 1719300.00
  • Acre: 0.05
  • Lot Size: 2021.00
  • Page: 94
  • Zoning: C1
  • Lot Description: Level

Multi Family

  • Heat Units: 6
  • Total Levels: 5
  • Total Rms: 24
  • No Units: 6
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 10144.52
  • Assessor Parcel Number: 400221

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,651,314
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jul 3, 2018
Sold by
Bought by
Seller's Agent
Matt Marshall
Marshall Kozak, LLC.
Buyer's Agent
Matt Marshall
Marshall Kozak, LLC.
List Price
$2,750,000
Sold Price
$2,808,000
Premium/Discount to List
$58,000
2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,106,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$2,808,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,800,000
Closed $2,106,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/03/2018 07/03/18 Sold $2,808,000 +0.3% $516 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
04/07/2018 04/07/18 Price Changed $2,800,000 +1.8% $514 / Sq Ft
04/02/2018 04/02/18 For Sale $2,750,000 -- $505 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,322 $2,885,400 $1,209,600 $1,675,800
2024 $17,158 $2,898,300 $1,236,600 $1,661,700
2023 $16,833 $2,872,500 $1,236,600 $1,635,900
2022 $15,609 $2,636,700 $1,155,600 $1,481,100
2021 $14,827 $2,534,600 $1,080,000 $1,454,600
2020 $13,495 $2,346,900 $1,053,000 $1,293,900
2019 $11,439 $1,925,700 $915,800 $1,009,900
2018 $10,814 $1,719,300 $796,500 $922,800
2017 $10,145 $1,563,100 $756,000 $807,100
2016 $9,756 $1,395,700 $545,700 $850,000
2015 $9,381 $1,199,600 $438,600 $761,000
2014 $9,049 $1,079,800 $408,000 $671,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72301000

MLS Property Information Network (MLS PIN)

APN: CAMB M:00022 L:00093

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