16 Magnolia Ave Unit 2 Cambridge, MA 02138
Mid-Cambridge Neighborhood
2
Beds
1
Bath
960
Sq Ft
4,051
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Garden
- Property is near public transit
- Shops
- Forced Air Heating System
About This Home
As of May 2015Set on a quiet side street just a few blocks to Harvard Square, this 2+ bedroom 2nd floor condominium is a wonderful opportunity to own in Cambridge. Featuring a great layout with spacious kitchen opening to a formal dining room, lovely front facing living room that is flooded with morning light, hardwood floors throughout, master bedroom with adjoining study, great closet space, many newer windows, common patio/garden area, extra storage, common laundry, high ceilings, professional management, high owner occupancy. Near many local restaurants in the Harvard, Inman and Central square areas. Don't miss this opportunity to call this great city pad your own. Offers due Tuesday April 14th at 1pm.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,678
Year Built
- Built in 1903
Lot Details
- Two or More Common Walls
- Garden
Home Design
- Frame Construction
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Insulated Windows
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit
Utilities
- No Cooling
- Forced Air Heating System
- 1 Heating Zone
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 409527
Community Details
Overview
- Property has a Home Owners Association
- Association fees include water, sewer, insurance, snow removal
- 12 Units
Amenities
- Medical Services
- Common Area
- Shops
- Laundry Facilities
Pet Policy
- Breed Restrictions
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,047
Avg. Annual Appreciation
3.70%
Original Mortgage
$480,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $600,000 | -- | |
| Deed | $410,000 | -- | |
| Deed | $410,000 | -- | |
| Deed | $259,000 | -- | |
| Foreclosure Deed | $192,000 | -- | |
| Deed | $157,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $438,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $480,000 | New Conventional | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $150,000 | Purchase Money Mortgage | |
| Previous Owner | $207,200 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
-
Seller's Agent in 2021
Nancy Kramer
Coldwell Banker Realty - Cambridge
(617) 953-7717
33 Total Sales
-
N
Buyer's Agent in 2021
Nadya Sansiveri
BENJAMIN Apartments + Cityside Homes
-
Seller's Agent in 2015
Patti Brainard
Compass
(781) 789-5767
9 in this area
149 Total Sales
-
Buyer's Agent in 2015
Nellie Aikenhead
Aikenhead Real Estate, Inc.
(781) 228-9303
4 in this area
92 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71813688
APN: CAMB-000141-000000-000076-000016-2
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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