Seller's Agent in 2023
Patti Brainard
Compass
(781) 789-5767
9 in this area
148 Total Sales
16 Cambridge Terrace Unit 1 Cambridge, MA 02140
Neighborhood Nine NeighborhoodEstimated Value: $872,000 - $977,000
2
Beds
1.5
Baths
981
Sq Ft
$315/mo
HOA Fee
Highlights
- Open Floorplan
- 4-minute walk to Porter Square Station
- Wood Flooring
- Deck
- Property is near public transit
- 5-minute walk to Raymond Park
About This Home
As of May 2023Welcome to 16 Cambridge, a beautifully appointed 1st-floor condominium nestled on a secluded one-way street, just a block away from bustling Porter Square, the Red Line & Commuter Rail. This stunning home offers an exceptional blend of classic charm & modern convenience, perfect for today's discerning buyer with 5 total rooms, 2 BR, & 1 ½ baths. As you step into this bright & inviting home, you'll immediately notice the light-filled living room, which boasts gleaming hardwood floors, bow windows, & a cozy gas fireplace with original mantle. The floor plan seamlessly flows into the ample dining area. The well-appointed kitchen features stainless steel appliances, granite countertops, & maple cabinets. Each of the two generously sized bedrooms offers plenty of natural light & comfortable living space. You'll appreciate the convenience of central HVAC & tankless hot water systems, exclusive storage area in the basement as well as a private rear deck, & a shared patio & lush garden area.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,289
Year Built
- Built in 1902
HOA Fees
- $315 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Frame Construction
- Rubber Roof
Interior Spaces
- 981 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Light Fixtures
- 1 Fireplace
- Insulated Windows
- Bay Window
- Basement
Kitchen
- Stove
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 414556
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure
- 3 Units
- 16 Cambridge Terrace Condominium Community
Amenities
- Shops
Pet Policy
- Call for details about the types of pets allowed
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2023
Closed on
May 26, 2023
Sold by
Hornstein Sari
Bought by
Chung Wei-Jean
Seller's Agent
Patti Brainard
Compass
Buyer's Agent
Bell | Whitman Group
Compass
List Price
$899,000
Sold Price
$920,000
Premium/Discount to List
$21,000
2.34%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,207
Avg. Annual Appreciation
0.14%
Original Mortgage
$630,000
Outstanding Balance
$611,407
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$311,800
Purchase Details
Listed on
Sep 8, 2021
Closed on
Sep 25, 2021
Sold by
Stevenson Charles I and Stevenson Catherine E
Bought by
Hornstein Sari
Seller's Agent
Currier, Lane & Young
Compass
Buyer's Agent
Patti Brainard
Compass
List Price
$849,000
Sold Price
$885,000
Premium/Discount to List
$36,000
4.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Purchase Details
Closed on
Jun 6, 2007
Sold by
Gilbert Gary
Bought by
Murray Catherine and Stevenson Charles Ian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chung Wei-Jean | $920,000 | None Available | |
| Hornstein Sari | $885,000 | None Available | |
| Murray Catherine | $457,500 | -- | |
| Murray Catherine | $457,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chung Wei-Jean | $630,000 | |
| Previous Owner | Murray Catherine | $353,000 | |
| Previous Owner | Murray Catherine | $360,000 | |
| Previous Owner | Murray Catherine | $366,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $920,000 | +2.3% | $938 / Sq Ft | |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- | |
| 04/18/2023 04/18/23 | For Sale | $899,000 | +1.6% | $916 / Sq Ft | |
| 09/30/2021 09/30/21 | Sold | $885,000 | +4.2% | $902 / Sq Ft | View Prior Sale |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- | |
| 09/08/2021 09/08/21 | For Sale | $849,000 | -- | $865 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,693 | $896,500 | $0 | $896,500 |
| 2024 | $5,166 | $872,600 | $0 | $872,600 |
| 2023 | $4,998 | $852,900 | $0 | $852,900 |
| 2022 | $4,940 | $834,400 | $0 | $834,400 |
| 2021 | $4,834 | $826,400 | $0 | $826,400 |
| 2020 | $4,651 | $808,900 | $0 | $808,900 |
| 2019 | $4,456 | $750,100 | $0 | $750,100 |
| 2018 | $4,438 | $687,900 | $0 | $687,900 |
| 2017 | $4,093 | $630,600 | $0 | $630,600 |
| 2016 | $3,935 | $562,900 | $0 | $562,900 |
| 2015 | $3,895 | $498,100 | $0 | $498,100 |
| 2014 | $3,834 | $457,500 | $0 | $457,500 |
Source: Public Records
Agents Affiliated with this Home
-
Patti Brainard
-
Morgan Long
Seller Co-Listing Agent in 2023
Morgan Long
Compass
(781) 258-0608
1 in this area
4 Total Sales
-
Bell | Whitman Group
B
Buyer's Agent in 2023
Bell | Whitman Group
Compass
(617) 755-7923
2 in this area
107 Total Sales
-
Currier, Lane & Young
Seller's Agent in 2021
Currier, Lane & Young
Compass
(617) 871-9190
40 in this area
511 Total Sales
-
S
Seller Co-Listing Agent in 2021
Spencer Lane
Compass
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73100120
APN: CAMB-000201-000000-000095-000001
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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