P
Seller's Agent in 2017
Paul Raymond
Paul Raymond Brokerage LLC
165 Elm St Cambridge, MA 02139
Wellington-Harrington NeighborhoodEstimated Value: $1,544,000 - $2,140,000
6
Beds
3
Baths
2,652
Sq Ft
$669/Sq Ft
Est. Value
About This Home
As of January 2017(Back-up Offers Welcome, Lock-box) New to the market, Cambridge multi-family demonstrates "pride of ownership". Quality renovations include newer kitchens in the last 3 years, upgraded gas heating systems, hardwood flooring, bathrooms, lighting and much more. Excellent owner occupant building or turnkey investment property, needs nothing for busy January rental market. Minutes from Central Square Red line, Kendall Sq, high-tech employers, Harvard, MIT, and more! Both units separately metered. 4 bedroom / 1.5 bath estimated at $4400 per month. 2 bedroom / 1 Bath rent estimated at $2200 / month. Seller rented both units to a school including utilities, furniture, and cleaning service for $11,760 /month. (see attached profit & loss statement) Cap Rate potentials from 5.5% to 8%. Contact List Agent for Comprehensive Investment Prospectus. Excellent opportunity for enterprising landlord interested in low turn over 12 month leases & lucrative short-term furnished options
Last Agent to Sell the Property
Paul Raymond
Paul Raymond Brokerage LLC Listed on: 10/19/2016
Last Buyer's Agent
Paul Raymond
Paul Raymond Brokerage LLC Listed on: 10/19/2016
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,833
Year Built
1873
Lot Details
0
Listing Details
- Lot Description: City View(s), Level
- Property Type: Multi-family
- Other Agent: 1.00
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1873
Interior Features
- Has Basement: Yes
- Number of Rooms: 10
- Amenities: Public Transportation, Shopping, Park, T-Station
- Electric: Circuit Breakers
- Energy: Insulated Windows
- Flooring: Wood, Hardwood
- Basement: Full, Unfinished Basement
- Total Levels: 3
Exterior Features
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Patio
- Foundation: Fieldstone
Garage/Parking
- Parking: On Street Permit
Utilities
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Oven
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 2
Lot Info
- Zoning: C-1
Multi Family
- APOD Available: Yes
- Heat Units: 2
- Total Bedrooms: 6
- Total Floors: 3
- Total Full Baths: 2
- Total Half Baths: 1
- Total Levels: 3
- Total Rms: 10
- Total Rent_1: 6600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2016
Closed on
Jan 17, 2017
Sold by
Bae Holdings Llc
Bought by
Elmshire Llc
Seller's Agent
Paul Raymond
Paul Raymond Brokerage LLC
Buyer's Agent
Paul Raymond
Paul Raymond Brokerage LLC
List Price
$1,168,000
Sold Price
$1,175,000
Premium/Discount to List
$7,000
0.6%
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
$600,329
Avg. Annual Appreciation
4.75%
Purchase Details
Closed on
Nov 24, 2015
Sold by
Bae Holdings Llc
Bought by
Krall Kenneth and Krall Marisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,100
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 3, 2011
Sold by
Krall Kenneth and Krall Marisa
Bought by
Bae Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,700
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 2007
Sold by
Krall Kenneth and Krall Marisa
Bought by
Bae Holdings Llc
Purchase Details
Closed on
May 2, 2006
Sold by
Corcione Liane
Bought by
Krall Kenneth and Krall Marisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elmshire Llc | $1,175,000 | -- | |
| Krall Kenneth | -- | -- | |
| Bae Holdings Llc | -- | -- | |
| Krall Kenneth | -- | -- | |
| Bae Holdings Llc | -- | -- | |
| Krall Kenneth | $625,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Krall Kenneth | $452,100 | |
| Previous Owner | Krall Kenneth | $469,700 | |
| Previous Owner | Krall Kenneth | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2017 01/17/17 | Sold | $1,175,000 | +0.6% | $443 / Sq Ft |
| 10/26/2016 10/26/16 | Pending | -- | -- | -- |
| 10/19/2016 10/19/16 | For Sale | $1,168,000 | -- | $440 / 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 | $8,833 | $1,391,100 | $619,000 | $772,100 |
| 2024 | $8,384 | $1,416,300 | $673,100 | $743,200 |
| 2023 | $7,829 | $1,336,000 | $684,400 | $651,600 |
| 2022 | $7,541 | $1,273,800 | $698,700 | $575,100 |
| 2021 | $7,172 | $1,225,900 | $685,300 | $540,600 |
| 2020 | $6,984 | $1,214,600 | $684,300 | $530,300 |
| 2019 | $6,422 | $1,081,100 | $600,500 | $480,600 |
| 2018 | $11,896 | $903,600 | $516,800 | $386,800 |
| 2017 | $11,743 | $828,800 | $462,000 | $366,800 |
| 2016 | $5,087 | $727,700 | $386,900 | $340,800 |
| 2015 | $4,889 | $625,200 | $323,400 | $301,800 |
| 2014 | $4,436 | $529,400 | $259,900 | $269,500 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72083431
APN: CAMB-000085-000000-000052
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.
Nearby Homes
- 244 Norfolk St Unit 244
- 114 Elm St
- 30 Union St Unit 1
- 31 Tremont St
- 43 Lincoln St
- 51 Market St Unit 2
- 222 Columbia St Unit 2
- 350 Windsor St Unit 1
- 350 Windsor St Unit 2
- 350 Windsor St
- 66 Elm St
- 94 Hampshire St Unit B
- 196 Prospect St
- 190 Prospect St Unit 8
- 142 Amory St Unit Front
- 305 Broadway
- 294-302 Windsor St
- 63 Plymouth St
- 308 Broadway Unit 308
- 392 Norfolk St Unit 1
- 165 Elm St Unit 2
- 165 Elm St Unit 165
- 167 Elm St
- 137 Hampshire St
- 137 Hampshire St Unit 3
- 137 Hampshire St
- 137 Hampshire St Unit 1
- 139 Hampshire St
- 139 Hampshire St Unit 1
- 169R Elm St
- 169 Elm St Unit R
- 169R Elm St
- 169 Elm St Unit 3
- 169 Elm St
- 169R Elm St Unit R
- 169R Elm St Unit 169R
- 171 Elm St Unit 3
- 171 Elm St Unit 2
- 171 Elm St Unit 1
- 171 Elm St