NOT LISTED FOR SALE

Estimated Value: $1,047,587 - $1,169,000

2 Beds
2 Baths
1,003 Sq Ft
$977/mo HOA Fee

Last Sold July 30, 2024

Last sale price $1,100,000 $1,097 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,336/month

5 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Lechmere Station
  • No Units Above
  • Fitness Center
  • Medical Services
  • 2-minute walk to Lechmere Canal Park

About This Home

As of July 2024

Soaring ceilings and enormous picture windows welcome you to this spectacular Penthouse 2 Bed 2 Bath condominium, located at the full service complex, One First. Float above Cambridge in this uniquely special, loft-like home. The kitchen's cherry wood cabinets, SS appliances, granite island and countertops will inspire anyone to entertain. The primary suite features panoramic picture windows, a marble bath en suite, double sets of closets, while the spacious second bedroom (or office) sits opposite the guest bath. Enjoy the amenities of the One First community: a relaxing library, fitness room, lush courtyard, and large common roof deck with panoramic vistas of the city and Cambridge skylines. Benefit from attentive concierge service, deeded garage parking or the convenience of the nearby, new Cambridge Crossing Green Line or Kendall Sq Red Line, MBTA options. Enjoy The Charles River, downtown Boston, the Esplanade and all that Cambridge has to offer.

Last Agent to Sell the Property

Marius Gallitano

Compass Listed on: 06/12/2024

Compass

Last Buyer's Agent

Currier, Lane & Young

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 2006

Lot Details

  • No Units Above

HOA Fees

  • $977 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • On-Street Parking
  • Open Parking
  • Deeded Parking

Home Design

  • Entry on the 7th floor
  • Rubber Roof
  • Stone

Interior Spaces

  • 1,003 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Picture Window
  • Intercom

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Trash Compactor

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Custom Closet System
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • Forced Air Heating System
  • 2 Heating Zones
  • Heat Pump System
  • Individual Controls for Heating
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4704194

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, air conditioning
  • 199 Units
  • Mid-Rise Condominium
  • One First Condominium Community

Amenities

  • Concierge
  • Medical Services
  • Community Garden
  • Common Area
  • Shops
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,838

Year Built

Built in 2006

Lot Details

0

HOA Fees

$977 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 2006
  • Dual Variable: Yes
  • Entry Level: 7
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Engineered Hardwood
  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Cable Hookup
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Window(s) - Picture, Cable Hookup, Recessed Lighting
  • Master Bathroom Features: Yes
  • Room Dining Room Features: Flooring - Wood, Open Floorplan
  • Room Kitchen Features: Flooring - Wood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting
  • Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Features: Flooring - Wood, Window(s) - Picture, Cable Hookup, Open Floorplan
  • Basement: N
  • Living Area: 1003
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Stone
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Deeded, On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Heat Pump, Unit Control
  • Heating: Forced Air, Heat Pump, Unit Control
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom, Concierge
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center, Clubroom, Garden Area
  • Association Fee: 977.27
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Air Conditioning

Lot Info

  • Parcel Number: 4704194
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2838

Multi Family

  • Number Of Units Total: 199
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 30, 2024
Sold by
17 Otis Street Rt and Markely
Bought by
Shao Shu-Heng and Han Ai-Lin
Seller's Agent
Marius Gallitano
Compass
Buyer's Agent
Currier, Lane & Young
Compass
List Price
$1,075,000
Sold Price
$1,100,000
Premium/Discount to List
$25,000
2.33%
Views
9
Current Estimated Value
$1,112,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,647
Avg. Annual Appreciation
0.85%
Original Mortgage
$200,000
Outstanding Balance
$197,771
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$914,876

Purchase Details

Closed on
Jun 13, 2016
Sold by
Anggara-Markely Lam R
Bought by
17 Otis Street Rt and Markely

Purchase Details

Closed on
May 19, 2016
Sold by
17 Otis Street Rt and Markely
Bought by
Markely Lam R

Purchase Details

Closed on
Sep 11, 2014
Sold by
Markely Lam R
Bought by
17 Otis Street Rt and Markely

Purchase Details

Listed on
Jul 12, 2013
Closed on
Sep 9, 2013
Sold by
Garnett-Reese Sonya and Reese Eric
Bought by
Markely Lam R
Seller's Agent
Ilona Kuphal
Compass
Buyer's Agent
The Mavroules Team
Good Deeds Realty Partners
List Price
$669,000
Sold Price
$660,000
Premium/Discount to List
-$9,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$495,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
1St Street Venture Llc
Bought by
Reese Eric and Garnett-Reese Sonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,400
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shao Shu-Heng $1,100,000 None Available
Shao Shu-Heng $1,100,000 None Available
17 Otis Street Rt -- --
17 Otis Street Rt -- --
Markely Lam R -- --
Markely Lam R -- --
17 Otis Street Rt -- --
17 Otis Street Rt -- --
Markely Lam R $660,000 --
Reese Eric $672,000 --
Reese Eric $672,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shao Shu-Heng $200,000
Closed Shao Shu-Heng $200,000
Previous Owner Markely Lam R $495,000
Previous Owner Reese Eric $470,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2024 07/30/24 Sold $1,100,000 +2.3% $1,097 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,075,000 +62.9% $1,072 / Sq Ft
09/09/2013 09/09/13 Sold $660,000 -2.8% $658 / Sq Ft View Prior Sale
08/22/2013 08/22/13 Pending -- -- --
07/26/2013 07/26/13 Price Changed $679,000 +1.5% $677 / Sq Ft
07/12/2013 07/12/13 For Sale $669,000 -- $667 / 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 $6,284 $989,600 $0 $989,600
2024 $5,691 $961,300 $0 $961,300
2023 $5,459 $931,500 $0 $931,500
2022 $5,705 $963,700 $0 $963,700
2021 $5,639 $964,000 $0 $964,000
2020 $5,316 $924,600 $0 $924,600
2019 $5,108 $859,900 $0 $859,900
2018 $2,913 $791,500 $0 $791,500
2017 $4,789 $737,900 $0 $737,900
2016 $4,673 $668,500 $0 $668,500
2015 $4,592 $587,200 $0 $587,200
2014 $4,454 $531,500 $0 $531,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73251513

MLS Property Information Network (MLS PIN)

APN: CAMB-000018-000000-000047-D000707