NOT LISTED FOR SALE

15 Fallon Place Unit B Cambridge, MA 02138

Riverside Neighborhood

Estimated Value: $814,000 - $1,070,000

2 Beds
1 Bath
905 Sq Ft
1925 Built

Last Sold August 01, 2016

Last sale price $757,000 $836 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,388/month

6 Days on Market

About This Home

As of August 2016

Sunny two-bedroom plus study condo in the sought-after Cambridge-Riverside neighborhood! (The sellers have often used the study as a third bedroom.) This home has an open living room/dining room/kitchen floor plan. Beautiful hardwood floors, high ceilings and exposed brick. Ample closets and storage space. Large eat-in kitchen with stainless steel appliances and abundant quartz, countertop space. Recently updated kitchen and bath. In-unit washer/dryer. Storage in basement. The association recently replaced the roof, re-sided the exterior and poured a concrete floor in the basement. Strong condo association and low condo fees. One parking spot is included. Great location, less than a half mile to Harvard Square, Charles River, Memorial Drive, MLK Putnam Avenue Upper School and the Public Library!

Last Agent to Sell the Property

Ken Sazama

Real Broker MA, LLC Listed on: 05/18/2016

Real Broker MA, LLC

Last Buyer's Agent

Carlos Xu

Lexwin Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,135

Year Built

1925

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1925

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: 60 Amps/Less
  • Flooring: Hardwood
  • Bedroom 2: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Oth1 Room Name: Study
  • Oth1 Level: Second Floor
  • No Living Levels: 1

Garage/Parking

  • Parking: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heating: Gas
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 6
  • Unit Building: B

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Aug 2, 2016
Sold by
Prasannan Sooraj and Opalko-Prasannan Joanna
Bought by
He Chen
Seller's Agent
Ken Sazama
Real Broker MA, LLC
Buyer's Agent
Carlos Xu
Lexwin Realty
List Price
$599,000
Sold Price
$757,000
Premium/Discount to List
$158,000
26.38%
Current Estimated Value
$935,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,571
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Apr 29, 2010
Sold by
Taneja Anishiya
Bought by
Prasannan Sooraj and Opalko-Prasannan Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
Sold by
Adler Stephanie A
Bought by
Taneja Anishiya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1995
Sold by
Goodnic T and Nicoson Robert
Bought by
Laprade James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.8%
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
He Chen $757,000 --
He Chen $757,000 --
Prasannan Sooraj $415,000 --
Prasannan Sooraj $415,000 --
Taneja Anishiya $415,000 --
Taneja Anishiya $415,000 --
Laprade James F $106,000 --
Laprade James F $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prasannan Sooraj $332,000
Previous Owner Taneja Anishiya $41,500
Previous Owner Laprade James F $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $757,000 +26.4% $836 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $599,000 -- $662 / 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 $5,135 $808,700 $0 $808,700
2024 $4,643 $784,300 $0 $784,300
2023 $4,553 $777,000 $0 $777,000
2022 $4,414 $766,500 $0 $766,500
2021 $4,414 $754,500 $0 $754,500
2020 $4,241 $737,500 $0 $737,500
2019 $4,069 $685,000 $0 $685,000
2018 $1,864 $629,600 $0 $629,600
2017 $3,699 $570,000 $0 $570,000
2016 $3,535 $505,700 $0 $505,700
2015 $3,499 $447,500 $0 $447,500
2014 $3,305 $394,400 $0 $394,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72007831

MLS Property Information Network (MLS PIN)

APN: CAMB-000131-000000-000050-000015B