$1,116,335 - $1,184,000
RENTED JAN 13, 2025

1600 Massachusetts Ave Unit 703 Cambridge, MA 02138

Neighborhood Nine Neighborhood
2 Beds
2 Baths
1,137 Sq Ft
$1,010 Price per Sq Ft

Last Sold October 16, 2024

Last sale price $1,160,000 $1,020 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,888/month

Highlights

  • Property is near public transit
  • Balcony
  • Shops
  • 1 Fireplace
  • Cooling Available
  • 3-minute walk to Cambridge Common Park

About This Home

As of January 2025

Situated just north of Harvard Square and right across from Harvard Law School on Mass Ave, this two-bedroom, two-bathroom condo unit offers abundant natural light, and an unmatched Harvard Square location. Located on the 7th floor, this unit comes with a dedicated parking space and a generous floor plan over 1,100 square feet. Open floor plan and renovated kitchen with custom cabinetry, stainless steel appliances, and tile flooring. The primary suite contains a spacious walk-in closet; central AC in-unit laundry, and newly resanded and refinished hardwood floors. 1600 Massachusetts Avenue is an immaculate, professionally managed building with everything Harvard Square has to offer, right outside your door. Available for a Jan move-in****

Last Agent to Rent the Property

Carleton Ashley

Compass Listed on: 12/11/2024

Compass

Co-Listed By

Peter Galipault

Compass

Compass

Last Renter's Agent

Peter Galipault

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,378

Year Built

  • Built in 1982

Parking

  • 1 Car Parking Space

Home Design

  • Apartment

Interior Spaces

  • 1,137 Sq Ft Home
  • 1 Fireplace
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • 1,234 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $3,750
  • Property Available on 2/15/24
  • Rent includes water, trash collection, snow removal, gardener
  • Negotiable Lease Term
  • Assessor Parcel Number 411495

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • Property has a Home Owners Association
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,378

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-02-15
  • Lease Term: Term of Rental(Neg)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3750

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1982
  • Entry Level: 7
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit
  • Living Area: 1137
  • Spa YN: No
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 2.9
  • PRICE PER Sq Ft: 3.47
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Balcony
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping
  • Rent Includes: Water, Trash Collection, Snow Removal, Gardener
  • Senior Community YN: No
  • UNIT BUILDING: 703

Lot Info

  • Parcel Number: 411495
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 1234
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 16, 2024
Sold by
Sumiko Jarmain Otani Ret and Ildman
Bought by
Bafs Llc
Seller's Agent
Ashley Perkins
Gibson Sotheby's International Realty
Buyer's Agent
Carleton Ashley
Compass
List Price
$1,110,000
Sold Price
$1,160,000
Premium/Discount to List
$50,000
4.5%
Views
7
Current Estimated Value
$1,148,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,416
Avg. Annual Appreciation
-3.67%
Original Mortgage
$400,000
Outstanding Balance
$397,737
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$728,892

Purchase Details

Closed on
Aug 25, 2010
Sold by
Jarmain-Otani Sumiko
Bought by
Otani Tr Oldman Madelein and Smith Ralph

Purchase Details

Closed on
Sep 25, 1995
Sold by
Miller Susan L
Bought by
Jarmain-Otani Sumiko and Jarmain-Otani Alphonse
Source: Public Records

Range of Values:

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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
Bafs Llc $1,160,000 None Available
Bafs Llc $1,160,000 None Available
Otani Tr Oldman Madelein -- --
Otani Tr Oldman Madelein -- --
Jarmain-Otani Sumiko $222,500 --
Jarmain-Otani Sumiko $222,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bafs Llc $400,000
Closed Bafs Llc $400,000
Previous Owner Jarmain-Otani Sumiko $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Rented $3,950 +19.7% --
01/12/2025 01/12/25 Under Contract -- -- --
01/07/2025 01/07/25 Price Changed $3,300 -9.0% $3 / Sq Ft
12/26/2024 12/26/24 Price Changed $3,625 -3.3% $3 / Sq Ft
12/11/2024 12/11/24 For Rent $3,750 0.0% --
10/16/2024 10/16/24 Sold $1,160,000 +4.5% $1,041 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $1,110,000 -- $996 / 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 $6,378 $1,004,400 $0 $1,004,400
2024 $5,916 $999,300 $0 $999,300
2023 $5,670 $967,600 $0 $967,600
2022 $5,655 $955,200 $0 $955,200
2021 $5,082 $868,800 $0 $868,800
2020 $4,841 $841,900 $0 $841,900
2019 $4,649 $782,700 $0 $782,700
2018 $4,529 $720,000 $0 $720,000
2017 $4,371 $673,500 $0 $673,500
2016 $4,252 $608,300 $0 $608,300
2015 $4,217 $539,200 $0 $539,200
2014 $4,166 $497,100 $0 $497,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73319155

MLS Property Information Network (MLS PIN)

APN: CAMB-000172-000000-000099-000703