NOT LISTED FOR SALE

Estimated Value: $1,641,000 - $2,611,328

6 Beds
2 Baths
2,478 Sq Ft
$936/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $1,375,000 $555 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $13,692/month

61 Days on Market

About This Home

As of November 2021

West Cambridge Two Family 6+6 rooms close to golf course, Fresh Pond, and Shopping. Easy access to Harvard Sq., Mass Pike, and Rt 2. Well Maintained by the current owner with all separate utilities and maintenance free exterior (vinyl). There is driveway parking for 2 cars. Currently run as an income property, This means it can be delivered vacant so it has development potential to be turned into two Condos. Please see floor plans and note the basement and attic spaces are unfinished and have room for expansion potential.

Last Agent to Sell the Property

David Lilley

RE/MAX Real Estate Center Listed on: 07/21/2021

RE/MAX Real Estate Center

Last Buyer's Agent

David Lilley

RE/MAX Real Estate Center Listed on: 07/21/2021

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,739

Year Built

  • 1925

Lot Details

  • 5,227

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,739

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: on Cushing in between Huron Ave and Vineyard
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Has Basement: Full
  • Total Bathrooms: 2
  • MAIN LO: BB9927
  • LIST PRICE PER Sq Ft: 643.66
  • PRICE PER Sq Ft: 554.88
  • MAIN SO: BB9927
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Wood
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Foundation Details: Stone
  • Construction Type: Frame
  • Fencing: Fenced
  • Lot Features: Wooded
  • Patio And Porch Features: Porch, Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Electric: 220 Volts, 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • LOT SIZE: 5051
  • PAGE: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5227.2
  • Zoning: B

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 72000
  • Property Net Operating Income: 72000
  • Number Of Units Total: 2
  • Total Actual Rent: 6000

Tax Info

  • Tax Annual Amount: 6815
  • Tax Book Number: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Jan 31, 2019
Sold by
Cushing Street Rt
Bought by
Cmsbrc Holdings Llc
Seller's Agent
David Lilley
RE/MAX Real Estate Center
Buyer's Agent
David Lilley
RE/MAX Real Estate Center
List Price
$1,450,000
Sold Price
$1,181,818
Premium/Discount to List
-$268,182
-18.5%
Total Days on Market
61
Current Estimated Value
$2,320,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,138,764
Avg. Annual Appreciation
12.89%
Original Mortgage
$9,750,000
Outstanding Balance
$8,657,318
Interest Rate
4.5%
Mortgage Type
Undefined Multiple Amounts
Estimated Equity
-$6,092,823
Source: Public Records

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Range of Values:

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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
Cmsbrc Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cushing Street Llc $1,941,250
Closed 161 Cushing Street Llc $1,031,250
Open Cmsbrc Holdings Llc $9,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $1,375,000 -13.8% $555 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,595,000 +35.0% $644 / Sq Ft
01/31/2019 01/31/19 Sold $1,181,818 -5.5% $477 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
09/16/2017 09/16/17 Price Changed $1,250,000 -13.8% $504 / Sq Ft
08/02/2017 08/02/17 For Sale $1,450,000 -- $585 / 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 $8,739 $1,376,200 $569,300 $806,900
2024 $8,109 $1,369,700 $593,100 $776,600
2023 $7,535 $1,285,800 $605,000 $680,800
2022 $7,023 $1,186,400 $571,900 $614,500
2021 $6,815 $1,164,900 $573,800 $591,100
2020 $6,536 $1,136,700 $556,900 $579,800
2019 $6,192 $1,042,400 $497,100 $545,300
2018 $5,806 $923,100 $418,600 $504,500
2017 $5,653 $871,000 $392,500 $478,500
2016 $5,482 $784,300 $340,100 $444,200
2015 $5,411 $691,900 $299,000 $392,900
2014 $5,128 $611,900 $261,600 $350,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72869477

MLS Property Information Network (MLS PIN)

APN: CAMB-000258-000000-000049