Seller's Agent in 2023
Neda Vander Stoep
Coldwell Banker Realty - Boston
(617) 413-0888
3 in this area
113 Total Sales
One First Condominiums 17 Otis St Unit 501 Cambridge, MA 02141
East Cambridge NeighborhoodEstimated Value: $1,050,291 - $1,160,000
2
Beds
2
Baths
1,010
Sq Ft
$840/mo
HOA Fee
Highlights
- Fitness Center
- 2-minute walk to Lechmere Station
- Deck
- Medical Services
- Clubhouse
- 2-minute walk to Lechmere Canal Park
About This Home
As of November 2023Don’t miss out on this perfectly laid out bright and airy 2 bed/2 bath residence with 1 garage parking at the desirable One First building in East Cambridge. Just freshly painted throughout with new Brazilian Cherry floors installed in both bedrooms. The open concept kitchen offers stainless steel appliances, cherry cabinetry, granite countertops and a peninsula island with seating for 2. Additional unit features include oversized windows facing tree-lined Otis Street, in-unit washer/dryer, central air and marble bathrooms. Building amenities include 24-hr concierge, elevator, on-site property management, fitness room, shared library/community room, a magnificent common roof deck and a meticulously landscaped interior courtyard. Centrally located in East Cambridge and just steps to the new Lechmere train station, Cambridge Crossing, North Point Park, CambridgeSide Galleria Mall, Museum of Science, the Esplanade, Kendall Square, MIT with easy access to major highways and Logan Airport.
Last Agent to Sell the Property
Coldwell Banker Realty - Boston Listed on: 10/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,237
Year Built
- Built in 1898
HOA Fees
- $840 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 5th floor
Interior Spaces
- 1,010 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:00018 L:000470D501,4660525
Community Details
Overview
- Association fees include heat, gas, water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, air conditioning, reserve funds
- 196 Units
- Mid-Rise Condominium
- One First Condominium Community
Amenities
- Medical Services
- Community Garden
- Common Area
- Shops
- Clubhouse
- Elevator
Recreation
- Fitness Center
- Park
- Jogging Path
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
Nov 9, 2023
Sold by
Hassan Thomas E and Hassan Margaret W
Bought by
Park Saemi and Kim Hak J
Seller's Agent
Neda Vander Stoep
Coldwell Banker Realty - Boston
Buyer's Agent
Jason Jeon
Compass
List Price
$1,045,000
Sold Price
$1,100,000
Premium/Discount to List
$55,000
5.26%
Views
40
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
$15,823
Avg. Annual Appreciation
0.63%
Original Mortgage
$825,000
Outstanding Balance
$807,135
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,688
Purchase Details
Closed on
Sep 28, 2010
Sold by
1St St Venture Llc
Bought by
Hassan Thomas E and Hassan Margaret W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Park Saemi | $1,100,000 | None Available | |
| Hassan Thomas E | $515,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Park Saemi | $825,000 | |
| Previous Owner | Hassan Thomas E | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $1,100,000 | +5.3% | $1,089 / Sq Ft |
| 10/15/2023 10/15/23 | Pending | -- | -- | -- |
| 10/11/2023 10/11/23 | For Sale | $1,045,000 | -- | $1,035 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $6,033 | $950,000 | $0 | $950,000 |
| 2024 | $5,460 | $922,300 | $0 | $922,300 |
| 2023 | $5,238 | $893,800 | $0 | $893,800 |
| 2022 | $5,474 | $924,700 | $0 | $924,700 |
| 2021 | $5,407 | $924,300 | $0 | $924,300 |
| 2020 | $5,096 | $886,300 | $0 | $886,300 |
| 2019 | $4,896 | $824,300 | $0 | $824,300 |
| 2018 | $4,775 | $759,200 | $0 | $759,200 |
| 2017 | $4,594 | $707,900 | $0 | $707,900 |
| 2016 | $4,483 | $641,400 | $0 | $641,400 |
| 2015 | $4,406 | $563,400 | $0 | $563,400 |
| 2014 | $4,275 | $510,100 | $0 | $510,100 |
Source: Public Records
Agents Affiliated with this Home
-
Neda Vander Stoep
-
Jason Jeon
Buyer's Agent in 2023
Jason Jeon
Compass
(617) 642-5670
8 in this area
90 Total Sales
About One First Condominiums
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73169045
APN: CAMB-000018-000000-000047-D000501
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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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