161 Cushing St Cambridge, MA 02138
Strawberry Hill Neighborhood
6
Beds
3
Baths
2,478
Sq Ft
5,227
Sq Ft Lot
About This Home
As of November 2021West 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, the 1st floor is run as an Air B&B and the upstairs is a long term tenant that is leaving at the end of August. 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 is unfinished and has high ceilings for expansion potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,739
Year Built
- Built in 1925
Additional Features
- Wood Flooring
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:00258 L:00049
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%
Current Estimated Value
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,941,250 | Construction | |
| Closed | $1,031,250 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $9,750,000 | Undefined Multiple Amounts |
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
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
-
David Lilley
Seller's Agent in 2021
David Lilley
RE/MAX Real Estate Center
(617) 290-5868
1 in this area
144 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72207472
APN: CAMB-000258-000000-000049
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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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