NOT LISTED FOR SALE

194 Prospect St Unit R Cambridge, MA 02139

The Port Neighborhood

Estimated Value: $1,523,517 - $1,784,000

2 Beds
2 Baths
1,531 Sq Ft
$1,078/Sq Ft Est. Value

About This Home

**ACADEMIC YEAR FURNISHED RENTAL ONLY SEPT 2022-JUN 2023** Spectacular new construction luxury townhouse in the heart of Cambridge. Open kitchen/dining/living, perfect for entertaining. Chef's kitchen with gas cooking, tons of counter space, and all the amenities you would expect in a high-end renovation. Recessed lights, cathedral ceilings, skylights, 2 heating/cooling zones, and tons of light are just some of the details. First floor features utilities and a small amount of storage. Second floor is main living area with a full bath and smaller bedroom. Third floor features primary suite with additional home office area. Outdoor space includes a private, 3rd floor roof deck as well as a common, fenced patio/garden area behind the property. Unit comes with 1 garage parking space. All utilities included in the rent. No pets, no exceptions.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Martin Peter J and Martin Suzanne W
Bought by
Devaraj Lily and Devaraj Anjan
Current Estimated Value
$1,651,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$763,286
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$898,728

Purchase Details

Closed on
Sep 28, 2005
Sold by
194 Prospect St T and Aposhian
Bought by
Martin Peter J and Martin Suzanne W

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Devaraj Lily $1,650,000 None Available
Devaraj Lily $1,650,000 None Available
Martin Peter J $275,000 --
Martin Peter J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devaraj Lily $770,000
Closed Devaraj Lily $770,000
Previous Owner Martin Peter J $446,500
Previous Owner Martin Peter J $200,000
Previous Owner Martin Peter J $450,000
Previous Owner Martin Peter J $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Rented $5,000 0.0% --
06/27/2022 06/27/22 Under Contract -- -- --
05/15/2022 05/15/22 For Rent $5,000 +31.6% --
08/27/2020 08/27/20 Rented $3,800 +8.6% --
08/25/2020 08/25/20 Under Contract -- -- --
08/13/2020 08/13/20 Price Changed $3,500 -22.2% $2 / Sq Ft
08/04/2020 08/04/20 Price Changed $4,500 -8.2% $2 / Sq Ft
06/23/2020 06/23/20 For Rent $4,900 +2.1% --
05/31/2018 05/31/18 Rented $4,800 0.0% --
05/30/2018 05/30/18 Under Contract -- -- --
05/17/2018 05/17/18 For Rent $4,800 +6.7% --
05/10/2016 05/10/16 Rented $4,500 0.0% --
04/27/2016 04/27/16 Under Contract -- -- --
04/04/2016 04/04/16 For Rent $4,500 +7.1% --
11/17/2015 11/17/15 Rented $4,200 0.0% --
11/09/2015 11/09/15 Under Contract -- -- --
10/14/2015 10/14/15 For Rent $4,200 -6.7% --
08/16/2013 08/16/13 Rented $4,500 -10.0% --
08/16/2013 08/16/13 For Rent $5,000 -- --

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 $9,368 $1,475,300 $0 $1,475,300
2024 $8,490 $1,434,200 $0 $1,434,200
2023 $7,888 $1,346,000 $0 $1,346,000
2022 $7,698 $1,300,400 $0 $1,300,400
2021 $7,448 $1,273,100 $0 $1,273,100
2020 $6,982 $1,214,200 $0 $1,214,200
2019 $6,529 $1,099,100 $0 $1,099,100
2018 $6,464 $1,000,600 $0 $1,000,600
2017 $6,062 $934,100 $0 $934,100
2016 $5,999 $858,200 $0 $858,200
2015 $5,947 $760,500 $0 $760,500
2014 $5,753 $686,500 $0 $686,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Keenan

    Seller's Agent in 2022

    Jennifer Keenan

    Keller Williams Realty Boston Northwest

    (781) 704-3193

    77 Total Sales

    Jennifer Keenan
    Section Image
  • Ryan Pietras

    Buyer's Agent in 2016

    Ryan Pietras

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    Section Image
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Map

Massachusetts Middlesex County Cambridge 02139 The Port

194 Prospect St Unit R, Cambridge, MA

Homes for Sale in Cambridge, MA

This home is located at 194 Prospect St Unit R, Cambridge, MA 02139 and is currently estimated at $1,651,129, approximately $1,078 per square foot. 194 Prospect St Unit R is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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