Seller's Agent in 2024
The Denman Group
Compass
(617) 518-4570
7 in this area
660 Total Sales
162 5th St Cambridge, MA 02141
East Cambridge Neighborhood
6
Beds
5
Baths
3,264
Sq Ft
3,904
Sq Ft Lot
Highlights
- Medical Services
- 0.09 Acre Lot
- Wood Flooring
- Cambridgeport Rated A-
- Property is near public transit and schools
- 1-minute walk to Hurley Street Park
About This Home
As of April 2024Looking for your next project? Situated in a prime location within the triangle of Cambridge Crossing, Kendall Square, and the newly revamped CambridgeSide Galleria, 162 5th lies on a quiet residential street in the heart of a rapidly developing neighborhood. In the C-1 zoning district, you have the flexibility to explore various renovation plans to maximize your return and leverage the momentum of other gut renovations and new builds currently underway on 5th and adjacent streets. Future buyers and renters will delight in the numerous parks and playgrounds and easy access to major bus routes, Red and Green train lines, 90/93/Route 1, and Storrow and Memorial Drive. Enjoy a plethora of cafes, eateries, grocery stores, retail shops, breweries, and even a movie theater, all within a half mile! Proximity to the Broad Institute, Moderna, MIT, and other reputable institutions with a premium workforce make local commutes a breeze and demand for nearby housing high. Get in on the action!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,272
Year Built
- Built in 1910
Lot Details
- 3,904 Sq Ft Lot
- Fenced
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 3,264 Sq Ft Home
- Living Room
- Unfinished Basement
- Dirt Floor
- Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Parking
- On-Street Parking
- Open Parking
Schools
- Cambridgeport Elementary School
- Upper Middle School
- Rindge & Latin High School
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- 60 Amp Service
Additional Features
- Enclosed Patio or Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $5,400
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number 400718
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
Building Details
- Electric Expense $300
- Insurance Expense $6,000
- Water Sewer Expense $1,600
- Operating Expense $7,900
- Net Operating Income $56,900
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2024
Closed on
Apr 5, 2024
Sold by
Bought by
Seller's Agent
The Denman Group
Compass
Buyer's Agent
The Denman Group
Compass
List Price
$1,725,000
Sold Price
$1,730,000
Premium/Discount to List
$5,000
0.29%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$1,014,683
Interest Rate
6.9%
Mortgage Type
Commercial
Purchase Details
Closed on
May 12, 2009
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,730,000 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,040,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/05/2024 04/05/24 | Sold | $1,730,000 | +0.3% | $530 / Sq Ft |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- |
| 02/05/2024 02/05/24 | For Sale | $1,725,000 | -- | $528 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,788 | $1,856,400 | $1,008,000 | $848,400 |
| 2024 | $11,272 | $1,904,100 | $1,030,500 | $873,600 |
| 2023 | $11,058 | $1,887,100 | $1,030,500 | $856,600 |
| 2022 | $10,259 | $1,732,900 | $963,000 | $769,900 |
| 2021 | $10,404 | $1,778,400 | $909,000 | $869,400 |
| 2020 | $9,468 | $1,646,600 | $877,500 | $769,100 |
| 2019 | $8,812 | $1,483,500 | $763,200 | $720,300 |
| 2018 | $8,562 | $1,324,500 | $663,800 | $660,700 |
| 2017 | $7,811 | $1,203,600 | $630,000 | $573,600 |
| 2016 | $7,432 | $1,063,300 | $454,800 | $608,500 |
| 2015 | $7,301 | $933,600 | $365,500 | $568,100 |
| 2014 | $7,044 | $840,600 | $340,000 | $500,600 |
Source: Public Records
Agents Affiliated with this Home
-
The Denman Group
-
Logan Jacobs
Seller Co-Listing Agent in 2024
Logan Jacobs
Compass
(774) 573-0941
1 in this area
19 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73199465
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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