NOT LISTED FOR SALE

Estimated Value: $2,551,000 - $3,072,000

9 Beds
3 Baths
4,308 Sq Ft
$645/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $2,106,666 $489 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $15,263/month

7 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 5-minute walk to Dana Square Park

About This Home

As of May 2021

Rare 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.

Last Agent to Sell the Property

David Lilley

RE/MAX Real Estate Center Listed on: 03/10/2021

RE/MAX Real Estate Center

Last Buyer's Agent

Janice Ye

Cambridge International Realty, LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,512

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Insc: 3200
  • Year Built Description: Actual
  • List Price Per Sq Ft: 463.09
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1905

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB9927
  • Main So: AN4496
  • Estimated Sq Ft: 4308.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 400
  • Electric Features: 220 Volts, 100 Amps
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
  • App Common: Washer, Dryer

Lot Info

  • Assessments: 1504700.00
  • Acre: 0.05
  • Lot Size: 2047.00
  • Page: 38
  • Parcel Number: M:00125 L:00106
  • Zoning: BA
  • Lot Description: Easements, Level

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 8500
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 8802.00
  • Assessor Parcel Number: 408018
  • Tax Year: 2021

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
$2,779,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,166
Avg. Annual Appreciation
6.31%
Original Mortgage
$1,474,666
Outstanding Balance
$1,336,416
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,443,416

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
$1,336,416
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,443,416

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

Purchase Details

Closed on
Mar 29, 2017
Sold by
California River Llc
Bought by
Koo Bon and Koo Lynda

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

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
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 Bon $612,000
Previous Owner He Baozhang $490,000
Previous Owner Tai Doris $300,000
Previous Owner Tai Doris $213,600
Previous Owner Tai Doris $8,000
Previous Owner Tai Doris $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72796058

MLS Property Information Network (MLS PIN)

APN: CAMB-000125-000000-000106