NOT LISTED FOR SALE

16 Magnolia Ave Unit 2 Cambridge, MA 02138

Mid-Cambridge Neighborhood

Estimated Value: $848,000 - $913,000

2 Beds
1 Bath
682 Sq Ft
4,051 Sq Ft Lot

Last Sold May 28, 2015

Last sale price $600,000 $880 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,986/month

Highlights

  • Wood Flooring
  • Bay Window
  • Ceiling Fan
  • Solid Surface Countertops
  • Bathtub with Shower

About This Home

As of November 2021

Sweet, sun-filled second floor unit in prime location close to Harvard, Inman, and Union Squares! SMALL DOGS (under 40 pounds) OK. Featuring an updated eat-in-kitchen with solid surface counters and gas cooking, study nook off of living room, wood floors, entry closet, convenient in-unit W/D, two good sized bedrooms both with large closets and ceiling fans, lovely views from every window, forced hot air heat by gas (brand new furnace), plus lovely shared common courtyard. To be freshly painted prior to Dec. 1. Separate storage room in basement. Owner pays for water/sewer only. 6-9 month lease ideally, then renewable for 1 year term. Owner to pay full broker fee!

Last Agent to Rent the Property

Nancy Kramer

Coldwell Banker Realty - Cambridge Listed on: 11/15/2021

Coldwell Banker Realty - Cambridge

Last Renter's Agent

Nadya Sansiveri

BENJAMIN Apartments + Cityside Homes

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,971

Year Built

  • 1903

Lot Details

  • 4,051

Home Design

  • Updated or Remodeled

Interior Spaces

  • Ceiling Fan
  • Bay Window
  • Wood Flooring

Kitchen

  • Stove
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Bathtub with Shower

Community Details

  • Common Area

Listing and Financial Details

  • Security Deposit $2,750

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,971

Year Built

1903

Lot Details

0

Rental Info

  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2750
  • Available Date: 2021-12-01
  • Lease Term: Term of Rental(9)

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • CoOp Comp: 50/50
  • Directions: Line, Mrytle or Hovey to Magnolia Ave.
  • Special Features: None
  • Year Built: 1903

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Flooring - Hardwood
  • Room Master Bedroom Features: Ceiling Fan(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Ceiling Fan(s), Countertops - Stone/Granite/Solid, Remodeled, Gas Stove
  • Room Living Room Level: Second
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • MAIN LO: AN6181
  • MAIN SO: AN4224
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Patio And Porch Features: Patio
  • Waterfront: No

Utilities

  • Heating: Natural Gas, Central, Forced Air
  • Heating Yn: Yes
  • Laundry Features: Second Floor, In Unit

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, T-Station, University
  • Pets Allowed: Breed Restrictions
  • HOA Rent Includes: Water, Sewer

Lot Info

  • LOT SIZE: 99999
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
May 28, 2015
Sold by
Frantz Abigail
Bought by
Sandler Benjamin and Griffin Emily
Seller's Agent
Patti Brainard
Compass
Buyer's Agent
Nellie Aikenhead
Aikenhead Real Estate, Inc.
List Price
$549,000
Sold Price
$600,000
Premium/Discount to List
$51,000
9.29%
Current Estimated Value
$871,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,819
Avg. Annual Appreciation
3.61%
Original Mortgage
$480,000
Outstanding Balance
$370,441
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$501,378

Purchase Details

Closed on
Jun 19, 2007
Sold by
Mersky Laura B
Bought by
Lamstein Abigail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2001
Sold by
Ustairiz Augusto J
Bought by
Waldher Kelly and Waldher Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2001
Sold by
Harris Janet C
Bought by
Ustairiz Augusto J

Purchase Details

Closed on
Aug 16, 1994
Sold by
Dufy Pamela B and Duffy Michael
Bought by
Magnolia Rt and Friedman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sandler Benjamin $600,000 --
Sandler Benjamin $600,000 --
Lamstein Abigail L $410,000 --
Lamstein Abigail L $410,000 --
Waldher Kelly $259,000 --
Ustairiz Augusto J $192,000 --
Magnolia Rt $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandler Benjamin $480,000
Closed Sandler Benjamin $480,000
Previous Owner Lamstein Abigail L $150,000
Previous Owner Magnolia Rt $207,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2021 11/23/21 Rented -- -- --
11/18/2021 11/18/21 Under Contract -- -- --
11/15/2021 11/15/21 For Rent $2,750 0.0% --
05/28/2015 05/28/15 Sold $600,000 0.0% $625 / Sq Ft View Prior Sale
04/30/2015 04/30/15 Pending -- -- --
04/15/2015 04/15/15 Off Market $600,000 -- --
04/08/2015 04/08/15 For Sale $549,000 -- $572 / 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 $4,971 $782,900 $0 $782,900
2024 $4,579 $773,400 $0 $773,400
2023 $4,446 $758,700 $0 $758,700
2022 $4,428 $748,000 $0 $748,000
2021 $4,334 $740,900 $0 $740,900
2020 $4,168 $724,800 $0 $724,800
2019 $3,989 $671,500 $0 $671,500
2018 $3,871 $615,500 $0 $615,500
2017 $3,693 $569,100 $0 $569,100
2016 $3,566 $510,100 $0 $510,100
2015 $3,525 $450,800 $0 $450,800
2014 -- $402,000 $0 $402,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Kramer

    Landlord's Agent in 2021

    Nancy Kramer

    Coldwell Banker Realty - Cambridge

    (617) 953-7717

    32 Total Sales

    Nancy Kramer
    Section Image

  • N

    Tenant's Agent in 2021

    Nadya Sansiveri

    BENJAMIN Apartments + Cityside Homes

    Section Image
  • Patti Brainard

    Seller's Agent in 2015

    Patti Brainard

    Compass

    (781) 789-5767

    10 in this area

    148 Total Sales

    Patti Brainard
    Section Image
  • Nellie Aikenhead

    Buyer's Agent in 2015

    Nellie Aikenhead

    Aikenhead Real Estate, Inc.

    (781) 228-9303

    4 in this area

    97 Total Sales

    Nellie Aikenhead
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72920055

MLS Property Information Network (MLS PIN)

APN: CAMB-000141-000000-000076-000016-2

Massachusetts Middlesex County Cambridge 02138 Mid-Cambridge

16 Magnolia Ave Unit 2, Cambridge, MA

Not Listed for Sale

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