$1,960,000
SOLD AUG 11, 2025
5 Beds
6 Baths
4,000 Sq Ft
3,570 Sq Ft Lot

Recently Sold

$490 Per Sq Ft

4% Below List Price

16 Days on Market

About This Home

As of August 2025

An exceptional opportunity awaits to own or develop a classic Italianate two-family home on a charming tree-lined street. Situated in the vibrant Port neighborhood, 16 Worcester Street is within walking distance of key cultural, business, and transit hubs — just 0.2 miles to Central Square, 0.8 miles to Kendall Square, and 1.1 miles to Union Square in Somerville. This property offers a rare chance to take advantage of Cambridge’s recent citywide upzoning, which permits four-story construction by right, with no limits on the number of units or square footage and no parking requirements. Whether you’re looking to expand, renovate, or reposition the property, 16 Worcester Street offers a range of development possibilities to fully maximize its potential. For more see @16worcester

Last Agent to Sell the Property

Sean Hope

Hope Real Estate Enterprises Listed on: 05/14/2025

Last Buyer's Agent

Sean Hope

Hope Real Estate Enterprises Listed on: 05/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1873

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 1 Level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • Bulkhead
  • 3,570 Sq Ft Lot
  • Property is near public transit

Community Details

  • 2 Units
  • Net Operating Income $24

Listing and Financial Details

  • Total Actual Rent $2
  • Assessor Parcel Number 403450

Property Details

Home Type

Multi-Family

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1873
  • Levels: 3
  • Year Built Details: Approximate
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Basement: Partially Finished, Bulkhead
  • Above Grade Finished Sq Ft: 3200
  • Below Grade Sq Ft: 800
  • Living Area: 4000
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8489
  • MAIN SO: AN8489

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 403450
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3570
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024

Multi Family

  • Net Operating Income: 24
  • Number Of Units Total: 2
  • Total Actual Rent: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Aug 11, 2025
Sold by
Saunders Jasmine and Saunders Allana
Bought by
16 Worcester St Llc
Seller's Agent
Sean Hope
Hope Real Estate Enterprises
Buyer's Agent
Sean Hope
Hope Real Estate Enterprises
List Price
$2,050,000
Sold Price
$1,960,000
Premium/Discount to List
-$90,000
-4.39%
Views
11
Current Estimated Value
$1,969,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,546
Avg. Annual Appreciation
1.53%
Original Mortgage
$4,747,000
Outstanding Balance
$4,734,718
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,765,172

Purchase Details

Closed on
Nov 1, 1996
Sold by
Mahon Alfred S Est and Mahon
Bought by
Saunders Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $1,960,000 --
Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii $142,500 --
Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii $142,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,747,000 Purchase Money Mortgage
Previous Owner $75,000 No Value Available
Previous Owner $175,000 No Value Available
Previous Owner $99,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2025 08/11/25 Sold $1,960,000 -4.4% $490 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $2,050,000 0.0% $513 / Sq Ft
03/02/2018 03/02/18 Rented $2,625 +1.0% --
02/28/2018 02/28/18 Under Contract -- -- --
02/08/2018 02/08/18 Price Changed $2,600 -3.7% $2 / Sq Ft
01/14/2018 01/14/18 For Rent $2,700 -- --
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 $11,977 $1,886,200 $789,500 $1,096,700
2024 $11,128 $1,879,800 $824,200 $1,055,600
2023 $10,335 $1,763,700 $838,000 $925,700
2022 $9,772 $1,650,700 $833,700 $817,000
2021 $12,174 $1,585,800 $817,700 $768,100
2020 $9,028 $1,570,000 $816,500 $753,500
2019 $11,564 $1,417,300 $716,600 $700,700
2018 $11,154 $1,265,600 $616,700 $648,900
2017 $7,519 $1,158,500 $551,200 $607,300
2016 $7,172 $1,026,000 $461,600 $564,400
2015 $6,927 $885,800 $385,800 $500,000
2014 $6,002 $716,200 $310,100 $406,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73375306

MLS Property Information Network (MLS PIN)

APN: CAMB-000089-000000-000034