NOT LISTED FOR SALE

173 Rindge Ave Cambridge, MA 02140

North Cambridge Neighborhood

Estimated Value: $3,831,372

12 Beds
8 Baths
8,084 Sq Ft
$474/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2014

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

Est. 102% increase in value since last sale

Current estimated payment $24,144 / mo

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

Charles Associates Real Estate LLC Listed on: 01/14/2014

Last Buyer's Agent

Tony Madan

Boston Investments

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • 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
Bought by
Duo Investments Llc
Seller's Agent
Paul Slavinski
Charles Associates Real Estate LLC
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
$3,831,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,931,372
Avg. Annual Appreciation
6.06%
Original Mortgage
$1,760,000
Outstanding Balance
$1,318,386
Interest Rate
4.42%
Mortgage Type
Commercial
Estimated Equity
$2,512,986

Purchase Details

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

Purchase Details

Closed on
Dec 22, 1997
Sold by
Laverty Charles
Bought by
Mcnulty Steven
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
Duo Investments Llc $1,900,000 --
Duo Investments Llc $1,900,000 --
Volpe Mary -- --
Volpe Mary B -- --
Volpe Mary -- --
Mcnulty Steven $120,500 --
Mcnulty Steven F $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duo Investments Llc $1,760,000
Closed Mcnulty Steven F $1,760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

    Charles Associates Real Estate LLC

    (617) 876-4242

    1 in this area

    10 Total Sales

    Paul Slavinski
    Section Image

  • T

    Buyer's Agent in 2014

    Tony Madan

    Boston Investments

    (617) 702-2261

    1 Total Sale

    Tony Madan
    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

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MLS Property Information Network (MLS PIN) 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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