NOT LISTED FOR SALE

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

Mid-Cambridge Neighborhood

Estimated Value: $712,000 - $794,000

2 Beds
1 Bath
682 Sq Ft
$245/mo HOA Fee

Last Sold April 06, 2021

Last sale price $671,500 $985 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,720/month

49 Days on Market

About This Home

As of April 2021

Conveniently located just steps from Harvard and Inman Sq, this charming second floor 2 bedroom is a perfect place to call home. This sunlit unit offers 2 spacious bedrooms, a nicely renovated kitchen, hardwood floors throughout, and washer/dryer in unit. Also featuring a coutyard, and 2 shared parking spots amongst the association. Enjoy the peace and quiet of Magnolia Ave, while being right in the heart of Cambridge's most desirable neighborhood. Close to public transportation, restaurants, and shopping.

Last Listed By

Tom Fleming

Boston Boutique Realty Listed on: 02/11/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1903

HOA Fees

  • $245 per month

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,477

Year Built

Built in 1903

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 1026.39
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1903
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 5
  • No Living Levels: 1
  • Main Lo: AN0502
  • Main So: AN2648
  • Estimated Sq Ft: 682.00

Garage/Parking

  • Parking Feature: Off-Street, Common
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Central Heat, Forced Air
  • Heat Zones: 1

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 245.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes

Lot Info

  • Assessments: 528000.00
  • Page: 596
  • Zoning: Condo

Tax Info

  • Taxes: 3025.08
  • Assessor Parcel Number: 409527
  • Tax Year: 2021

Multi Family

  • No Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
May 5, 2021
Sold by
Nolen Carla J and Nolen Steven J
Bought by
Schofield Rebecca M
Seller's Agent
Tom Fleming
Boston Boutique Realty
Buyer's Agent
Nellie Aikenhead
Aikenhead Real Estate, Inc.
List Price
$699,999
Sold Price
$671,500
Premium/Discount to List
-$28,499
-4.07%
Total Days on Market
49
Current Estimated Value
$747,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,146
Avg. Annual Appreciation
2.38%
Original Mortgage
$550,000
Outstanding Balance
$503,701
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$236,562

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
Schofield Rebecca M $671,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schofield Rebecca M $550,000
Closed Schofield Rebecca M $550,000
Previous Owner Nolen Steven J $333,000
Previous Owner Nolen Steven J $100,000
Previous Owner Nolen Steven J $236,969
Previous Owner Nolen Carla J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $671,500 -4.1% $985 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $699,999 -- $1,026 / 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 $3,477 $547,500 $0 $547,500
2024 $3,139 $530,200 $0 $530,200
2023 $3,169 $540,700 $0 $540,700
2022 $3,156 $533,100 $0 $533,100
2021 $3,089 $528,000 $0 $528,000
2020 $3,025 $526,100 $0 $526,100
2019 $2,896 $487,500 $0 $487,500
2018 $2,810 $446,800 $0 $446,800
2017 $2,655 $409,100 $0 $409,100
2016 $2,515 $359,800 $0 $359,800
2015 $2,487 $318,000 $0 $318,000
2014 $2,377 $283,600 $0 $283,600
Source: Public Records

Agents Affiliated with this Home

  • Tom Fleming

    Seller's Agent in 2021

    Tom Fleming

    Boston Boutique Realty

    (617) 433-7149

    1 in this area

    36 Total Sales

    Tom Fleming
    Section Image
  • Nellie Aikenhead

    Buyer's Agent in 2021

    Nellie Aikenhead

    Aikenhead Real Estate, Inc.

    (781) 228-9303

    4 in this area

    93 Total Sales

    Nellie Aikenhead
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72784968

MLS Property Information Network (MLS PIN)

APN: CAMB-000141-000000-000076-000016-52

Massachusetts Middlesex County Cambridge 02138 Mid-Cambridge

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

Homes for Sale in Cambridge, MA

This home is located at 16 1/2 Magnolia Ave Unit 2, Cambridge, MA 02138 since 11 February 2021 and is currently estimated at $747,646, approximately $1,096 per square foot. This property was built in 1903. 16 1/2 Magnolia Ave Unit 2 is a home located in Middlesex County with nearby schools including Saint Paul's Choir School.

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