NOT LISTED FOR SALE

Estimated Value: $2,942,000 - $3,631,123

6 Beds
3 Baths
4,098 Sq Ft
$778/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $2,100,000 $512 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $18,425/month

12 Days on Market

About This Home

As of July 2017

MONEY IS POWER, TURN YOUR DOLLARS INTO EQUITY TODAY! "Houzz"...the app, will inspire you to see beyond the truth and believe in the unthinkable. Are you ready to give it a try? Must have vision and imagination to make this diamond shine. Amazing Cambridge location in Central Square, between Harvard University and MIT. 3 Family in need of complete renovation. Great condo conversion opportunity for those willing to do the work. Potential for 6 car tandem parking, a rare to find in this part of town. WHAT YOU SEE IS WHAT YOU GET! Central Square offers a unique Cambridge experience with plentiful shops, taverns, restaurants, salons and spas. Easy access to Central Square T station, buses and Mass Pike. A few blocks to Memorial Drive and the Charles River. Don't miss out on this opportunity to bring this building back to life and become a part of increasing the value to this already tremendous neighborhood.

Last Agent to Sell the Property

Monte Marrocco

Coldwell Banker Realty - Lexington Listed on: 04/26/2017

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Edward Silva

Silva Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,362

Year Built

1855

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1855

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Electric: 100 Amps
  • Flooring: Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Interior Access, Dirt Floor, Unfinished Basement
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: BB5817
  • Main So: BB5817
  • Estimated Sq Ft: 4098.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck, Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: BA
  • Acre: 0.14
  • Lot Size: 5922.00

Multi Family

  • Heat Units: 3
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Multi Family Type: 3 Family - 3 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2020
Sold by
Silva Edward C and Silva Mark J
Bought by
Silva Realty 7 Llc
Current Estimated Value
$3,189,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,218,000
Outstanding Balance
$4,626,977
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$1,437,269

Purchase Details

Closed on
Jan 29, 2020
Sold by
Silva Edward C
Bought by
Silva Edward C and Silva Mark J
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
Silva Realty 7 Llc -- None Available
Silva Edward C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Realty 7 Llc $5,218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2017 07/12/17 Sold $2,100,000 +5.0% $512 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $2,000,000 -- $488 / 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 $20,362 $3,206,600 $895,600 $2,311,000
2024 $18,704 $3,159,500 $933,800 $2,225,700
2023 $17,322 $2,956,000 $951,100 $2,004,900
2022 $15,829 $2,673,800 $862,600 $1,811,200
2021 $15,143 $2,588,600 $845,800 $1,742,800
2020 $14,745 $2,564,400 $837,400 $1,727,000
2019 $9,133 $1,537,600 $724,100 $813,500
2018 $7,849 $1,247,900 $626,500 $621,400
2017 $7,915 $1,219,600 $598,200 $621,400
2016 $7,276 $1,040,900 $469,100 $571,800
2015 $7,076 $904,800 $409,300 $495,500
2014 $7,091 $846,200 $393,500 $452,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72153107

MLS Property Information Network (MLS PIN)

APN: CAMB-000125-000000-000014