NOT LISTED FOR SALE

Estimated Value: $1,787,000 - $2,426,000

4 Beds
2 Baths
2,096 Sq Ft
$971/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $1,315,000 $627 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $11,610/month

13 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch

About This Home

As of September 2020

This is an amazing opportunity to own a well-Kept Two family in the city of Cambridges’ Observatory Hill neighborhood. This gem is about one-half mile west of Harvard Square and Fresh Pond. This investment offers plenty of upside. Unit 1 is Two bedroom/One bathroom unit with nice size rooms and huge eat-in kitchen. Unit 2 is a Three bed/One bathroom unit with all great size rooms and a private deck. Both units are currently leased until 8/31/2020. Basement contains washer and dryer. Close to Harvard University and seconds to 75, 74& 78 bus stops. Half a mile to Huron Village for Shopping and Dining. Please refer to video tour attached.

Last Agent to Sell the Property

Nelson Otuechere

NCO Realty Group Inc. Listed on: 06/17/2020

Last Buyer's Agent

Lu Ouyang

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,366

Year Built

  • Built in 1924

Lot Details

  • 4,356

Flooring

  • Wood Flooring

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,366

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 667.46
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1924
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Exterior Access
  • Main Lo: AN6051
  • Main So: AN2383
  • Estimated Sq Ft: 2096.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck
  • Foundation: Concrete Block
  • Foundation Size: 99999

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: for Gas Range
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, T-Station, University

Lot Info

  • Assessments: 124860.00
  • Acre: 0.10
  • Lot Size: 4358.00
  • Page: 220
  • Zoning: B
  • Lot Description: Level

Green Features

  • Energy Features: Storm Windows

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 5100
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7416.60
  • Assessor Parcel Number: 416727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Du Ronging
Bought by
Rongqing Du 2021 Ret
Current Estimated Value
$2,034,847

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 26, 2020
Sold by
Yang Hongfang
Bought by
Du Rongqing
Seller's Agent
Nelson Otuechere
NCO Realty Group Inc.
Buyer's Agent
Lu Ouyang
Coldwell Banker Realty - Cambridge
List Price
$1,399,000
Sold Price
$1,315,000
Premium/Discount to List
-$84,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Nov 28, 2014
Sold by
Yang Hongfang and Zhang Kewu
Bought by
Yang Hongfang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 13, 2012
Closed on
Sep 7, 2012
Sold by
Nolan John F and Mahoney Mary A
Bought by
Zhang Kewu and Yang Hongfang
Seller's Agent
Gary Vrotsos
Coldwell Banker Realty - Cambridge
Buyer's Agent
Hongfang Yang
NCO Realty Group Inc.
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$619,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2007
Sold by
Huron Hill Rt and Nolan Denise M
Bought by
Nolan Denise M and Nolan John F
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
Rongqing Du 2021 Ret -- None Available
Du Rongqing $1,315,000 None Available
Yang Hongfang -- --
Zhang Kewu $775,000 --
Nolan Denise M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Hongfang $737,000
Previous Owner Yang Hongfang $750,000
Previous Owner Yang Hongfang $533,000
Previous Owner Zhang Kewu $619,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $1,315,000 -6.0% $627 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $1,399,000 +80.5% $667 / Sq Ft
09/06/2012 09/06/12 Sold $775,000 -3.0% $370 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $799,000 -- $381 / 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 $10,366 $1,632,400 $941,500 $690,900
2024 $9,728 $1,643,200 $982,100 $661,100
2023 $9,168 $1,564,500 $1,000,600 $563,900
2022 $8,770 $1,481,400 $972,200 $509,200
2021 $8,441 $1,442,900 $953,000 $489,900
2020 $8,189 $1,424,100 $943,500 $480,600
2019 $7,417 $1,248,600 $796,400 $452,200
2018 $7,252 $1,122,300 $717,500 $404,800
2017 $7,165 $1,104,000 $699,500 $404,500
2016 $6,916 $989,400 $613,500 $375,900
2015 $6,811 $871,000 $538,100 $332,900
2014 $6,339 $756,500 $459,200 $297,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72675983

MLS Property Information Network (MLS PIN)

APN: CAMB-000230-000000-000074