NOT LISTED FOR SALE

16 Seven Pines Ave Cambridge, MA 02140

North Cambridge Neighborhood
5 Beds
3 Baths
2,725 Sq Ft
2,613 Sq Ft Lot

Last Sold March 29, 2022

Last sale price $1,495,000 $549 Per Sq Ft

27 Days on Market

Highlights

  • Level Lot
  • 1 Cooling Zone
  • 5-minute walk to James D. Gondolfe Park

About This Home

As of March 2022

The property is a beautifully maintained two-family currently rented to young professionals with a monthly income of $6,500.00 for both units. It is in the desirable location of North Cambridge within 7 minutes to Davis Square and the Red Line T. Additionally, public transportation is convenient to Harvard, Tufts, MIT, and the Highway to Route #2. This property has solar panels providing 2/3 to 3/4 of the electric usage for the entire home. Both units have separately metered electricity and gas and forced hot air with high efficiency furnaces. (THERE IS 1 LEASE FOR ENTIRE PROPERTY...ALL TENANTS ARE FRIENDS AND PAY $6,500.00/MONTH..LEASE ENDS 8/31/22.)

Last Agent to Sell the Property

Robert Scott

RE/MAX Real Estate Center Listed on: 02/15/2022

RE/MAX Real Estate Center

Last Buyer's Agent

Charles Letovsky

Barrett Sotheby's International Realty

Barrett Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,448

Year Built

  • Built in 1903

Lot Details

  • 2,613 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,725 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • 1 Cooling Zone
  • 2 Heating Zones

Community Details

  • 2 Units
  • Net Operating Income $78,000

Listing and Financial Details

  • Total Actual Rent $6,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,448

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1903
  • Buyer Agency: 1.25
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2725
  • Stories Total: 3
  • MAIN LO: BB9927
  • LIST PRICE PER Sq Ft: 548.62
  • PRICE PER Sq Ft: 548.62
  • MAIN SO: AN0538

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Lot Info

  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2613
  • Lot Size Units: Acres
  • PAGE: 493
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7447.95
  • Tax Book Number: 26007

Multi Family

  • Gross Income: 78000
  • Net Operating Income: 78000
  • Number Of Units Total: 2
  • Total Actual Rent: 6500
  • LEVELS 1: 1
  • COOLING UNITS: 1
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $1,495,000 0.0% $549 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,495,000 -- $549 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Scott

    Seller's Agent in 2022

    Robert Scott

    RE/MAX Real Estate Center

    (617) 417-2442

    1 in this area

    2 Total Sales

    Robert Scott
    Section Image
  • Charles Letovsky

    Buyer's Agent in 2022

    Charles Letovsky

    Barrett Sotheby's International Realty

    (508) 951-0307

    2 in this area

    26 Total Sales

    Charles Letovsky
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72942759

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Cambridge 02140 North Cambridge

16 Seven Pines Ave, Cambridge, MA

This home is located at 16 Seven Pines Ave, Cambridge, MA 02140 since 15 February 2022. This property was built in 1903. 16 Seven Pines Ave is a home located in Middlesex County with nearby schools including Benjamin Banneker Charter Public School, International School of Boston, and Cambridge Friends School.

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.

MLS Property Information Network (MLS PIN) 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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