NOT LISTED FOR SALE

173 Rindge Ave Cambridge, MA 02140

North Cambridge Neighborhood

Estimated Value: $3,704,699

12 Beds
8 Baths
8,084 Sq Ft
$458/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $1,900,000 $235 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $20,186/month

91 Days on Market

About This Home

As of May 2014

Current rents are well below market in this 6 family plus small former commercial space. The separate systems and exterior are in very good condition (4 new boilers.) Two of the apartments are in good condition, three are in fair condition and one needs total rehab. Each unit has the potential for 3+ bedroom layouts. Commercial space (approximately 400 square feet) has electric heat. Small apartment occupied by handyman is heated with gas stove. Potential offers DUE BY 12noon WEDNESDAY.

Last Agent to Sell the Property

Paul Slavinski

Senne Listed on: 01/14/2014

Last Buyer's Agent

Tony Madan

Boston Investments

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 23
  • Electric: Circuit Breakers
  • Basement: Full

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Brick

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Heat Zones: 6
  • Hot Water: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2014
Closed on
May 15, 2014
Sold by
Volpe Mary B
Bought by
Duo Investments Llc
Seller's Agent
Paul Slavinski
Senne
Buyer's Agent
Tony Madan
Boston Investments
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Current Estimated Value
$3,704,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,804,699
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,760,000
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2014
Sold by
Volpe Michael A
Bought by
Volpe Mary B

Purchase Details

Closed on
Dec 22, 1997
Sold by
Laverty Charles R and Lohnes Paul R
Bought by
Mcnulty Steven F and Berseth Katherine M
Source: Public Records

Range of Values:

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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
Duo Investments Llc $1,900,000 --
Volpe Mary B -- --
Volpe Mary B -- --
Mcnulty Steven F $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Street Llc $10,000,000
Closed Cherry Street Llc $10,000,000
Open Cherry Street Llc $28,700,000
Closed Summer Enterprises Llc $28,700,000
Closed Duo Investments Llc $1,760,000
Previous Owner Volpe Michael A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $1,900,000 -4.8% $235 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $1,995,000 -- $247 / 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 -- $2,811,500 $1,090,800 $1,720,700
2024 -- $2,827,400 $1,148,400 $1,679,000
2023 $0 $2,820,200 $1,178,700 $1,641,500
2022 $0 $2,650,800 $1,103,300 $1,547,500
2021 $0 $2,729,600 $1,087,200 $1,642,400
2020 $0 $2,512,700 $1,076,400 $1,436,300
2019 $0 $2,263,200 $936,200 $1,327,000
2018 $0 $2,026,700 $814,200 $1,212,500
2017 $0 $1,828,000 $772,800 $1,055,200
2016 -- $1,180,200 $319,800 $860,400
2015 -- $908,900 $281,200 $627,700
2014 $6,349 $827,300 $246,000 $581,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Paul Slavinski

    Senne

    (617) 876-4242

    1 in this area

    9 Total Sales

    Section Image

  • T

    Buyer's Agent in 2014

    Tony Madan

    Boston Investments

    (617) 702-2261

    1 Total Sale

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71622598

MLS Property Information Network (MLS PIN)

APN: CAMB-000192-000000-000157

Massachusetts Middlesex County Cambridge 02140 North Cambridge

173 Rindge Ave, Cambridge, MA

This home is located at 173 Rindge Ave, Cambridge, MA 02140 since 14 January 2014 and is currently estimated at $3,704,699, approximately $458 per square foot. This property was built in 1890. 173 Rindge Ave is a home located in Middlesex County with nearby schools including Benjamin Banneker Charter Public School, Cambridge Friends School, and Cambridge Montessori School.

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