NOT LISTED FOR SALE

Estimated Value: $2,277,000 - $2,558,000

6 Beds
2 Baths
2,832 Sq Ft
$864/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $2,050,000 $724 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $13,624/month

1 Day on Market

Highlights

  • Medical Services
  • Jogging Path
  • Shops
  • Property is near public transit
  • Park
  • 3-minute walk to Wheeler Park

About This Home

As of October 2022

INVESTORS/DEVELOPERS TAKE NOTE- Extremely large townhouse-style 2-family on extra deep ~5,000 sq. ft. lot with 2-car garage in unbeatable Cambridge location! Each unit has 3 beds, 1 bath and 1400 sq. ft.+ on two floors, with original character and tall ceilings throughout. Large lot offers many options for developers or owner occupants to increase square footage, build SF home(s), and/or potentially add a 3rd unit (buyer to perform own due diligence regarding zoning options). Rare find- property has been in same family for almost 100 years! Units and garage need extensive renovation. 1 block from Charles River and Memorial Drive, surrounded by MIT & Harvard, close to Central Square, Red Line, shops and restaurants. Separate utilities, gas in building and architectural shingle roof. Private showings by appointment only- do not walk property without listing agent present. OFFERS REVIEWED AFTER 5:00 PM ON FRIDAY, AUGUST 26.

Last Agent to Sell the Property

Seth Mitchell

The Mitchell Group Listed on: 08/24/2022

Last Buyer's Agent

Seth Mitchell

The Mitchell Group Listed on: 08/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,840

Year Built

  • Built in 1894

Lot Details

  • 4,999 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,832 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones

Listing and Financial Details

  • Assessor Parcel Number M:00122 L:00005

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,840

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1894
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2832
  • Stories Total: 4
  • MAIN LO: AN7287
  • MAIN SO: AN7287

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: M:00122 L:00005
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4999
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8840

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
160-162 Putnam Ave Llc
Bought by
Zhang Cedegao and Chung Leona
Current Estimated Value
$2,447,533

Purchase Details

Listed on
Aug 24, 2022
Closed on
Oct 26, 2022
Sold by
Proffitt Putnam Rt 2 and Parker
Bought by
160-162 Putnam Ave Llc
Seller's Agent
Seth Mitchell
The Mitchell Group
Buyer's Agent
Seth Mitchell
The Mitchell Group
List Price
$1,750,000
Sold Price
$2,050,000
Premium/Discount to List
$300,000
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$3,018,840
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2015
Sold by
Proffitt-Putnam Rt and Parker
Bought by
Proffit-Putnam Rt 2 and Parler

Purchase Details

Closed on
Jul 20, 2004
Sold by
Proffit Eleanor
Bought by
Heywood Diane and Proffitt Eleanor

Purchase Details

Closed on
Oct 26, 1979
Bought by
Heywood-Proffitt E D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Zhang Cedegao $2,450,000 None Available
Zhang Cedegao $2,450,000 None Available
160-162 Putnam Ave Llc $2,050,000 None Available
Proffit-Putnam Rt 2 -- --
Proffit-Putnam Rt 2 -- --
Proffit-Putnam Rt 2 -- --
Heywood Diane -- --
Heywood Diane -- --
Heywood Diane -- --
Heywood-Proffitt E D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 160-162 Putnam Ave Llc $3,018,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $2,050,000 +17.1% $724 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $1,750,000 -- $618 / 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 $9,438 $1,486,300 $912,400 $573,900
2024 $9,926 $1,676,700 $951,200 $725,500
2023 $9,405 $1,605,000 $968,900 $636,100
2022 $8,840 $1,493,300 $918,800 $574,500
2021 $8,505 $1,453,900 $900,900 $553,000
2020 $8,247 $1,434,200 $892,000 $542,200
2019 $7,614 $1,281,800 $771,300 $510,500
2018 $7,075 $1,124,800 $667,300 $457,500
2017 $7,101 $1,094,200 $637,200 $457,000
2016 $6,464 $924,700 $499,700 $425,000
2015 $6,358 $813,000 $436,000 $377,000
2014 $6,339 $756,400 $419,200 $337,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73028872

MLS Property Information Network (MLS PIN)

APN: CAMB-000122-000000-000005