NOT LISTED FOR SALE

118 Otis St Unit 3 Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $724,000 - $910,000

2 Beds
1 Bath
951 Sq Ft
1900 Built

Last Sold June 23, 2015

Last sale price $525,000 $552 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,818/month

5 Days on Market

About This Home

As of June 2015

Nestled in the treetops on a quiet street in East Cambridge,a neighborhood bursting with the vibrancy of new restaurants,new residential construction,and the new Green Line Extension,this two bedroom plus office condominium has charm and character as well as flow and function.Situated nearby to the Galleria,Charles River,MGH and Charlestown,not to mention a short drive to Harvard Square,this is a home that will turn your head.Upon entrance,large windows welcome you into the living/dining room.The fully applianced kitchen features much desired gas cooking,generous counter space,and light honey colored wood cabinets that hold an abundance of storage. There is room for a bistro table for more casual eating that looks out onto your own private deck.Both bedrooms are good sized,and there is a separate office as well.There is in unit laundry.Self managed,pet friendly condo association.Additional private storage locker in the basement.Rich hardwood floors run throughout and windows abound!

Last Agent to Sell the Property

Jennifer Gelfand

Coldwell Banker Realty - Boston Listed on: 06/04/2015

Coldwell Banker Realty - Boston

Last Buyer's Agent

Gail Roberts

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,537

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Baseboard

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Costello John H and Costello Janet S
Bought by
Sotirios-Zervos A
Current Estimated Value
$846,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$431,743
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$414,859

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jun 23, 2015
Sold by
Gersin Melissa
Bought by
Costello John H and Costello Janet S
Seller's Agent
Jennifer Gelfand
Coldwell Banker Realty - Boston
Buyer's Agent
Gail Roberts
Coldwell Banker Realty - Cambridge
List Price
$459,000
Sold Price
$525,000
Premium/Discount to List
$66,000
14.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Sep 20, 2011
Sold by
Bloom David Z and Higgins-Bloom Kate F
Bought by
Gersin Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,080
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2007
Sold by
Sarafoudi Rodi
Bought by
Bloom David Zachery and Higgins-Bloom Kate F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sotirios-Zervos A $615,000 --
Costello John H $525,000 --
Gersin Melissa $347,600 --
Bloom David Zachery $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sotirios-Zervos A $492,000
Previous Owner Gersin Melissa $278,080
Previous Owner Bloom David Zachery $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2015 06/23/15 Sold $525,000 +14.4% $552 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $459,000 -- $483 / 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 $4,537 $714,500 $0 $714,500
2024 $4,110 $694,300 $0 $694,300
2023 $3,998 $682,200 $0 $682,200
2022 $3,982 $672,600 $0 $672,600
2021 $3,897 $666,200 $0 $666,200
2020 $3,746 $651,500 $0 $651,500
2019 $3,586 $603,700 $0 $603,700
2018 $3,566 $553,300 $0 $553,300
2017 $3,296 $507,800 $0 $507,800
2016 $2,996 $428,600 $0 $428,600
2015 $2,931 $374,800 $0 $374,800
2014 $2,820 $336,500 $0 $336,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Gelfand

    Seller's Agent in 2015

    Jennifer Gelfand

    Coldwell Banker Realty - Boston

    (617) 230-2829

    209 Total Sales

    Jennifer Gelfand
    Section Image
  • Gail Roberts

    Buyer's Agent in 2015

    Gail Roberts

    Coldwell Banker Realty - Cambridge

    (627) 245-4044

    1 in this area

    34 Total Sales

    Gail Roberts
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71850651

MLS Property Information Network (MLS PIN)

APN: CAMB-000025-000000-000122-000003

Massachusetts Middlesex County Cambridge 02141 East Cambridge

118 Otis St Unit 3, Cambridge, MA

Not Listed for Sale

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