NOT LISTED FOR SALE

Estimated Value: $1,296,000 - $1,350,000

3 Beds
2 Baths
1,632 Sq Ft
$809/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $410,000 $251 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $7,455/month

99 Days on Market

About This Home

As of August 2012

Sun-filled 2-Family nestled in residential East Cambridge. Walk Scoreâ„¢ of 98 with easy access to shops, restaurants, and area Universities. Close proximity to Lechmere Station/Green Line, or downtown Boston via Cambridge street. An excellent investor opportunity with 2 leases and potential for large rent increases. Interior access to full basement with common laundry and storage. Lovely top floor owners unit with vaulted ceiling. Great hold or perfect, move-in ready home for an owner occupant.

Last Agent to Sell the Property

William Senne

Senne Listed on: 04/24/2012

Senne

Last Buyer's Agent

Jane Follansbee Berkholtz

Keller Williams Elite License #449544901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,395

Year Built

1873

Lot Details

0

Listing Details

  • Lot Description: Zero Lot Line, Fenced/Enclosed, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1873

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Public School, T-Station, University
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full, Interior Access, Sump Pump, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Aluminum
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2012
Closed on
Aug 31, 2012
Sold by
Cheryl A Martin Ret and Martin Cheryl A
Bought by
Cai Xiongwei and Mei Mei
Seller's Agent
William Senne
Senne
Buyer's Agent
Jane Follansbee Berkholtz
Keller Williams Elite
List Price
$369,900
Sold Price
$410,000
Premium/Discount to List
$40,100
10.84%
Current Estimated Value
$1,319,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$909,922
Avg. Annual Appreciation
9.20%
Original Mortgage
$307,500
Outstanding Balance
$212,677
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,107,245

Purchase Details

Closed on
May 27, 2009
Sold by
Martin Cheryl A
Bought by
Cheryl A Martin Ret and Martin Cheryl A

Purchase Details

Closed on
Sep 29, 1998
Sold by
Houston Myles and Houston Karen
Bought by
Martin Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,875
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1989
Sold by
Famiglietti Anne
Bought by
Houston Myles G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cai Xiongwei $410,000 --
Cheryl A Martin Ret -- --
Martin Cheryl A $187,500 --
Houston Myles G $110,000 --
Houston Myles G $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Xiongwei $307,500
Previous Owner Houston Myles G $10,000
Previous Owner Houston Myles G $181,875
Previous Owner Houston Myles G $19,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $410,000 +10.8% $251 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $369,900 -- $227 / 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 $6,395 $1,007,100 $562,700 $444,400
2024 $6,150 $1,038,800 $611,000 $427,800
2023 $5,629 $960,600 $583,300 $377,300
2022 $5,559 $939,100 $598,400 $340,700
2021 $7,420 $916,900 $587,200 $329,700
2020 $9,064 $916,200 $592,700 $323,500
2019 $3,560 $878,300 $581,400 $296,900
2018 $4,763 $757,300 $482,100 $275,200
2017 $4,491 $692,000 $431,100 $260,900
2016 $4,056 $580,200 $337,500 $242,700
2015 $3,946 $504,600 $289,300 $215,300
2014 $3,493 $416,800 $224,100 $192,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71372639

MLS Property Information Network (MLS PIN)

APN: CAMB-000034-000000-000018