$635,000
SOLD JUN 13, 2019

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

Mid-Cambridge Neighborhood
2 Beds
1 Bath
696 Sq Ft
$210/mo HOA Fee

Recently Sold

$912 Per Sq Ft

8 Days on Market

About This Home

As of January 2022

Wonderful two-bedroom condo on a peaceful and quiet street with many updates! Close to Harvard Square, Kirkland Village, Mid Cambridge and Inman Square. This unit features: an amazing new bathroom, updated electrical systems for the unit and the building, newer dishwasher and hot water heater, hardwood floors, newer wood trim moldings, in unit laundry and private, locked storage in the basement. Every room is ample sized, creating a spacious flow to the unit. Set back from the street with lovely common outdoor space, a patio, shared outdoor furniture and grill, and lush landscaping. Amazing, central location close to excellent restaurants, shopping with all that Cambridge has to offer. Come see this special space!

Last Agent to Sell the Property

Ken Sazama

Real Broker MA, LLC

Real Broker MA, LLC

Last Buyer's Agent

Ashley Perkins

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 1903

Lot Details

  • Year Round Access

HOA Fees

  • $210 per month

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$3,934

Year Built

Built in 1903

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Co-op
  • Style: Low-Rise
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 912.36
  • Comp Based On: Net Sale Price
  • Year Built: 1903
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: End, Corner, Walkout, Courtyard
  • Special Features: None
  • Property Sub Type: Coop
  • Year Built: 1903

Interior Features

  • No Bedrooms: 2
  • Bedroom 2: On Level: First Floor
  • Bedroom 3: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 4
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN1005
  • Main So: BB5918
  • Estimated Sq Ft: 696.00

Garage/Parking

  • Parking Feature: On Street Permit
  • Garage Parking: Common

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Forced Air, Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • HOA Fees: 210.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Association Security: Fenced

Lot Info

  • Assessments: 491300.00
  • Page: 00
  • Zoning: 00

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 688.83

Multi Family

  • No Units: 12
  • No Units Owner Occ: 6

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
8
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

Map

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 Type Sale Price Title Company
Condominium Deed $635,000 --
Condominium Deed $635,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $380,000 --
Deed $380,000 --
Deed $245,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 Purchase Money Mortgage
Closed $510,000 Purchase Money Mortgage
Closed $508,000 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $196,000 Purchase Money Mortgage
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

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

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72496132

MLS Property Information Network (MLS PIN)

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