171 River St Unit 173 Cambridge, MA 02139
Riverside NeighborhoodEstimated Value: $2,464,000 - $2,944,000
9
Beds
3
Baths
4,308
Sq Ft
$623/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Porch
- 5-minute walk to Dana Square Park
About This Home
As of May 2021Rare opportunity to own a Gigantic 3-Family property in popular Central Square, one of the most ideally situated neighborhoods to take advantage of everything Cambridge has to offer. With all of the units currently leased until August, this income producing property has incredible potential for condo conversion, multi-generational living, or the opportunity to occupy one unit and rent out the others. All three units are huge 3 bed-1 baths with shiny hardwood floors, eat-in kitchens, and dishwashers. The 2nd and 3rd floor kitchens have pantries. Each unit also has a fantastic Private Deck. There is shared, free laundry on the first floor. Potential to add additional square footage by expanding into the massive basement. The building has been well maintained, with vinyl replacement windows and a new roof added in 2019. You and your tenants will love this location. Being equidistant to Central and the Charles River, you'll be close to Harvard, MIT, BU, Red and Green Lines and busses.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,512
Year Built
- Built in 1905
Lot Details
- 2,178
Additional Features
- Wood Flooring
- Porch
- Year Round Access
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:00125 L:00106
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2021
Closed on
May 19, 2021
Sold by
California River Llc
Bought by
Qin Wenying and Yuefeng-Zhang Michael
Seller's Agent
David Lilley
RE/MAX Real Estate Center
Buyer's Agent
Janice Ye
Cambridge International Realty, LLC
List Price
$1,995,000
Sold Price
$2,106,666
Premium/Discount to List
$111,666
5.6%
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
$575,314
Avg. Annual Appreciation
6.08%
Original Mortgage
$1,474,666
Outstanding Balance
$1,350,529
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,331,451
Purchase Details
Listed on
Mar 10, 2021
Closed on
Mar 29, 2021
Sold by
Koo Lynda
Bought by
California River Llc
Seller's Agent
David Lilley
RE/MAX Real Estate Center
Buyer's Agent
Janice Ye
Cambridge International Realty, LLC
List Price
$1,995,000
Sold Price
$2,106,666
Premium/Discount to List
$111,666
5.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,474,666
Outstanding Balance
$1,350,529
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,331,451
Purchase Details
Closed on
Feb 5, 2021
Sold by
California River Llc
Bought by
Koo Lynda
Purchase Details
Closed on
May 2, 2017
Sold by
Koo Bon and Koo Lynda
Bought by
California River Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,600
Interest Rate
4.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 29, 2017
Sold by
California River Llc
Bought by
Koo Bon and Koo Lynda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,600
Interest Rate
4.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 7, 2016
Sold by
Koo Bon and Koo Lynda
Bought by
California River Llc
Purchase Details
Closed on
Sep 30, 2013
Sold by
Koo Bon
Bought by
Koo Bon and Koo Lynda D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,000
Interest Rate
4.34%
Purchase Details
Closed on
Jun 29, 2005
Sold by
Oxfor Belknap Morrison and He Baozhang
Bought by
Koo Bon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 22, 2003
Sold by
Ismintsev Viatcheslav
Bought by
He Baozhang and Ma Xiaodong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 21, 1999
Sold by
Tai Yih Jian and Tai Doris
Bought by
Ismintsev Viatcheslav
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 16, 1998
Sold by
Gayle Everton R and Gayle Marcia
Bought by
Tai Doris and Tai Yih-Jian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Qin Wenying | $2,106,666 | None Available | |
| California River Llc | -- | None Available | |
| Koo Lynda | -- | None Available | |
| California River Llc | -- | -- | |
| Koo Bon | -- | -- | |
| California River Llc | -- | -- | |
| Koo Bon | -- | -- | |
| Koo Bon | $765,000 | -- | |
| He Baozhang | $735,000 | -- | |
| Ismintsev Viatcheslav | $375,000 | -- | |
| Tai Doris | $267,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Qin Wenying | $1,474,666 | |
| Previous Owner | Koo Lynda | $912,600 | |
| Previous Owner | Koo Bon | $554,000 | |
| Previous Owner | Koo Bon | $612,000 | |
| Previous Owner | He Baozhang | $490,000 | |
| Previous Owner | Gayle Everton R | $300,000 | |
| Previous Owner | Gayle Everton R | $213,600 | |
| Previous Owner | Gayle Everton R | $8,000 | |
| Previous Owner | Gayle Everton R | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2021 05/19/21 | Sold | $2,106,666 | +5.6% | $489 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 03/10/2021 03/10/21 | For Sale | $1,995,000 | -- | $463 / 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 | $7,512 | $1,183,000 | $708,800 | $474,200 |
| 2024 | $7,234 | $1,221,900 | $765,600 | $456,300 |
| 2023 | $10,602 | $1,809,300 | $779,800 | $1,029,500 |
| 2022 | $9,170 | $1,549,000 | $781,300 | $767,700 |
| 2021 | $8,802 | $1,504,700 | $766,100 | $738,600 |
| 2020 | $8,582 | $1,492,600 | $758,500 | $734,100 |
| 2019 | $7,996 | $1,346,200 | $655,800 | $690,400 |
| 2018 | $7,519 | $1,163,500 | $567,400 | $596,100 |
| 2017 | $7,382 | $1,137,500 | $541,800 | $595,700 |
| 2016 | $6,803 | $973,200 | $424,900 | $548,300 |
| 2015 | $6,617 | $846,100 | $370,700 | $475,400 |
| 2014 | $6,044 | $721,200 | $356,400 | $364,800 |
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
4 in this area
144 Total Sales
-
Janice Ye
Buyer's Agent in 2021
Janice Ye
Cambridge International Realty, LLC
(972) 816-5944
2 in this area
11 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72796058
APN: CAMB-000125-000000-000106
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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