NOT LISTED FOR SALE

187 Concord Ave Unit 5 Cambridge, MA 02138

Neighborhood Nine Neighborhood

Estimated Value: $403,000 - $547,000

1 Bed
1 Bath
343 Sq Ft
$213/mo HOA Fee

Last Sold May 21, 2019

Last sale price $380,000 $1,108 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,978/month

5 Days on Market

About This Home

As of May 2019

Great investment opportunity. One of the lowest priced condos in Cambridge this unit has been updated, is in a desirable location and with a tenant in place! This second floor two room studio is located in a very attractive Huron Ave neighborhood with quaint shops and many conveniences. The unit and common areas have been updated and there is laundry and individual private locked storage in the common basement. The current tenant would like to stay if possible and pays $1800/month with lease expiring 8-31-19 . Rent includes heat and hot water which is also included in the low condo fee of $212/month. A bus stop is right outside the front door of the building and takes you to Harvard University and the Red Line stops at Alewife and Harvard Squares. Pets are permitted! Property is professionally managed. Offers due 5PM 3-19-19.

Last Agent to Sell the Property

John

RCG Properties Listed on: 03/16/2019

Last Buyer's Agent

Tracy Hollander

Advisors Living - Boston

Advisors Living - Boston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 1900

HOA Fees

  • $213 per month

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Range
  • Wood Flooring
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00227 L:0002500005

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,065

Year Built

Built in 1900

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 1136.73
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 5
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Refrigerator
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 2
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: NB2011
  • Main So: K95001
  • Estimated Sq Ft: 343.00

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Brick
  • Insulation Feature: Unknown

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 60 Amps/Less
  • Cooling: Window AC
  • Heating: Forced Air
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 212.74
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Extra Storage, Refuse Removal
  • Condo Association: Yes
  • Management: Professional - Off Site

Lot Info

  • Assessments: 242800.00
  • Page: 143
  • Parcel Number: M:00227 L:0002500005
  • Zoning: res

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 1527.00
  • Assessor Parcel Number: 4826732

Multi Family

  • No Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
May 16, 2019
Sold by
Farkas Samuel J
Bought by
Wong Lo
Seller's Agent
John
RCG Properties
Buyer's Agent
Tracy Hollander
Advisors Living - Boston
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Total Days on Market
5
Current Estimated Value
$463,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,984
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Aug 1, 2013
Sold by
Camelot Investments Ll
Bought by
Farkas Samuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Wong Lo $380,000 --
Farkas Samuel J $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farkas Samuel J $181,000
Previous Owner Farkas Samuel J $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $380,000 -2.5% $1,108 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $389,900 -- $1,137 / 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 $2,065 $325,200 $0 $325,200
2024 $1,918 $324,000 $0 $324,000
2023 $1,780 $303,800 $0 $303,800
2022 $1,736 $299,600 $0 $299,600
2021 $1,736 $296,700 $0 $296,700
2020 $164 $285,900 $0 $285,900
2019 $1,574 $264,900 $0 $264,900
2018 $153 $242,800 $0 $242,800
2017 $1,476 $227,500 $0 $227,500
2016 $1,397 $199,800 $0 $199,800
2015 $1,381 $176,600 $0 $176,600
2014 $1,358 $162,000 $0 $162,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John

    RCG Properties

    1 in this area

    28 Total Sales

    John
    Section Image
  • Tracy Hollander

    Buyer's Agent in 2019

    Tracy Hollander

    Advisors Living - Boston

    (781) 395-8157

    42 Total Sales

    Tracy Hollander
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72466312

MLS Property Information Network (MLS PIN)

APN: CAMB-000227-000000-000025-000011

Massachusetts Middlesex County Cambridge 02138 Neighborhood Nine

187 Concord Ave Unit 5, Cambridge, MA

This home is located at 187 Concord Ave Unit 5, Cambridge, MA 02138 since 16 March 2019 and is currently estimated at $463,984, approximately $1,352 per square foot. This property was built in 1900. 187 Concord Ave Unit 5 is a home located in Middlesex County with nearby schools including Benjamin Banneker Charter Public School, St Peter School, and Cambridge Montessori School.

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