NOT LISTED FOR SALE

16 1/2 Magnolia Ave Unit 1 Cambridge, MA 02138

Mid-Cambridge Neighborhood

Estimated Value: $732,000 - $792,000

2 Beds
1 Bath
696 Sq Ft
$235/mo HOA Fee

Last Sold January 07, 2022

Last sale price $680,000 $977 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,813/month

76 Days on Market

About This Home

As of January 2022

Updated two-bedroom condo tucked away on a peaceful tree-lined street in the Harvard Sq, Kirkland Village neighborhood. This unit has a fully gut renovated kitchen completed in 2020. Other features include updated bathroom, entire HVAC system replaced in 2020, in unit laundry, private storage in the basement. Great floor plan with ample sized bedrooms. Common patio and landscaped garden and two shared off-street parking spaces.

Last Listed By

Ashley Perkins

Gibson Sotheby's International Realty Listed on: 09/16/2021

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,934

Year Built

  • 1903

HOA Fees

  • $235 per month

Utilities

  • 3 Cooling Zones
  • 1 Heating Zone

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,934

Year Built

1903

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: Line Street to Magnolia Ave
  • Garage Yn: No
  • Structure Type: 2/3 Family
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1903

Interior Features

  • Appliances: Dishwasher,Disposal,Refrigerator,Freezer,Washer,Dryer
  • Entry Location: Unit Placement(Walkout,Courtyard)
  • Total Bathrooms: 1
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 1004.31
  • PRICE PER Sq Ft: 977.01
  • MAIN SO: NB3534
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 1

Exterior Features

  • Exterior Features: Garden
  • Common Walls: End Unit, Corner
  • Disclosures: Taxes Include Residential Exemption. There Are 2 Driveway Parking Spots Each Available For Use Up To 5x Per Month For ~24 Hours.
  • Fencing: Security
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Common
  • Total Parking Spaces: 2

Utilities

  • Cooling: Ductless
  • Heating: Forced Air, Natural Gas
  • HEAT ZONES: 1
  • COOLING ZONES: 3
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 1
  • Amenities: Garden Area
  • Association Fee: 235
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • PAGE: 334
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Zoning: RES

Multi Family

  • NO UNITS OWNER OCC: 7
  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 930
  • Tax Book Number: 72757
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 3, 2019
Sold by
Pierce Benjamin P and Pierce Carolyn R
Bought by
Drake Emily H and Haderer Robert J
Seller's Agent
Ken Sazama
Real Broker MA, LLC
Buyer's Agent
Ashley Perkins
Gibson Sotheby's International Realty
List Price
$635,000
Sold Price
$635,000
Total Days on Market
76
Current Estimated Value
$759,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,272
Avg. Annual Appreciation
2.87%
Original Mortgage
$508,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2016
Sold by
Pierce Phillip T and Pierce Benjamin P
Bought by
Pierce Benjamin P and Pierce Carolyn R

Purchase Details

Listed on
Feb 26, 2014
Closed on
May 2, 2014
Sold by
Najmabadi Afsaneh
Bought by
Pierce Phillip T and Pierce Benjamin P
Seller's Agent
Gary Luongo
RE/MAX On the Charles
Buyer's Agent
Ken Sazama
Real Broker MA, LLC
List Price
$359,900
Sold Price
$380,000
Premium/Discount to List
$20,100
5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$280,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1999
Sold by
Fox Stephanie C
Bought by
Clark Anne R and Monks Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

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
Drake Emily H $635,000 --
Drake Emily H $635,000 --
Pierce Benjamin P -- --
Pierce Benjamin P -- --
Pierce Phillip T $380,000 --
Pierce Phillip T $380,000 --
Clark Anne R $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feroz-Husain Moiz $510,000
Closed Feroz-Husain Moiz $510,000
Closed Drake Emily H $508,000
Previous Owner Pierce Phillip T $280,000
Previous Owner Clark Anne R $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $680,000 -5.4% $977 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $719,000 +13.2% $1,033 / Sq Ft
06/13/2019 06/13/19 Sold $635,000 0.0% $912 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $635,000 +67.1% $912 / Sq Ft
05/02/2014 05/02/14 Sold $380,000 0.0% $546 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
03/05/2014 03/05/14 Off Market $380,000 -- --
02/26/2014 02/26/14 For Sale $359,900 -- $517 / 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 $3,934 $619,500 $0 $619,500
2024 $3,557 $600,800 $0 $600,800
2023 $3,365 $574,300 $0 $574,300
2022 $3,352 $566,200 $0 $566,200
2021 $3,281 $560,900 $0 $560,900
2020 $3,201 $556,700 $0 $556,700
2019 $2,918 $491,300 $0 $491,300
2018 $2,832 $450,200 $0 $450,200
2017 $2,686 $413,800 $0 $413,800
2016 $2,541 $363,500 $0 $363,500
2015 $2,513 $321,300 $0 $321,300
2014 $2,401 $286,500 $0 $286,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72896242

MLS Property Information Network (MLS PIN)

APN: CAMB-000141-000000-000076-000016-51