$380,000
SOLD MAY 2, 2014

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

Mid-Cambridge Neighborhood
2 Beds
1 Bath
696 Sq Ft
1900 Built

Recently Sold

$546 Per Sq Ft

6% Above List Price

12 Days on Market

Highlights

  • Property is near public transit
  • Courtyard
  • Home Security System
  • Wood Flooring
  • Park
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

A condominium with 4 rooms, 2 bedrooms, eat-in kitchen and 1 bathroom. The unit is in a free standing building in the back of a four 3 family style cluster. It has high ceilings, wood floors, period wood trim moldings. There is a nice landscaped courtyard and walkways. The condo has in-unit laundry. Walk to Harvard and Inman Sq's. All offers will be presented to the Seller and Attorney by 5:00 pm Monday March 3, 2014. Seller will respond to the offers by mid afternoon on Tuesday March 4, 2014.

Last Agent to Sell the Property

Gary Luongo

RE/MAX On the Charles

RE/MAX On the Charles

Last Buyer's Agent

Ken Sazama

Real Broker MA, LLC

Real Broker MA, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1900

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Insulated Doors
  • Home Security System

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Courtyard
  • Property is zoned C1

Listing and Financial Details

  • Assessor Parcel Number 409528

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • Magnolia Ave Condominium Community

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,459

Year Built

Built in 1900

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Shingle
  • Structure Type: Detached, 2/3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Pine
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor, Washer Hookup
  • Room Living Room Level: First
  • Living Area: 696
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 517.1
  • PRICE PER Sq Ft: 545.98
  • MAIN SO: AN1005

Exterior Features

  • Exterior Features: Courtyard
  • Construction Materials: Frame
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 210
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Park, Public School, University
  • UNIT BUILDING: 1
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 409528
  • Zoning: C1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 328

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2459
  • Tax Book Number: 17872

Multi Family

  • Number Of Units Total: 12
  • NO UNITS OWNER OCC: 8

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
12
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
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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 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: 71637586

MLS Property Information Network (MLS PIN)

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