Seller's Agent in 2024
Bonnie Lai
RE/MAX
(617) 309-7093
2 in this area
221 Total Sales
198 Sherman St Unit 2 Cambridge, MA 02140
North Cambridge NeighborhoodEstimated Value: $800,428 - $825,000
2
Beds
2
Baths
1,093
Sq Ft
$250/mo
HOA Fee
Highlights
- Golf Course Community
- Property is near public transit
- Community Pool
- Medical Services
- Wood Flooring
- 5-minute walk to Reverend Thomas J. Williams Park
About This Home
As of July 2024Cambridge 2 Beds, 2 Baths condo at a fantastic Alewife/Porter Sq location! This 2014 renovated home is turn-key ready and it is perfect for both homeowners and investors! This open floorplan has hardwood floors throughout, the welcoming living room leads to a large modern eat in kitchen w/ granite countertops & stainless steel appliances which is perfect for entertainment. The sunny 4 season sunroom is connected by the kitchen and it is the perfect spot for relaxation/additional den. There are 2 large bedrooms, one of them is an en-suite with a full bath, with 2nd full bath is by the living room. Private laundry is in the additional bonus room in the heated finished basement that is exclusive use for this unit, which is a perfect spot for a work out area/office space/storage. Exclusively deeded driveway can park up to 3 cars! Short distance and easy access to Alewife T Station, Porter Sq, Fresh Pond, Danehy Park, bike path, bus & highways. OFFER DEADLINE MON AT 6PM.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,104
Year Built
- Built in 1851
Lot Details
- Near Conservation Area
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,093 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Insulated Doors
- Basement
Kitchen
- Range
- Microwave
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- 220 Volts
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number 413896
Community Details
Overview
- Association fees include water, sewer, insurance
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Jun 28, 2024
Sold by
Liu Pei P
Bought by
Benjamin A Krouk Ret 2016 and Krouk
Seller's Agent
Bonnie Lai
RE/MAX Real Estate Center
Buyer's Agent
Ann DiMascio
Lamacchia Realty, Inc.
List Price
$750,000
Sold Price
$780,000
Premium/Discount to List
$30,000
4%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,857
Avg. Annual Appreciation
3.29%
Purchase Details
Closed on
Oct 29, 2014
Sold by
Liu Shih L
Bought by
Liu Pei P
Purchase Details
Closed on
Jul 29, 2014
Sold by
Huang Zhengyu
Bought by
Liu Shin L and Liu Pei P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Benjamin A Krouk Ret 2016 | $780,000 | None Available | |
| Benjamin A Krouk Ret 2016 | $780,000 | None Available | |
| Liu Pei P | -- | -- | |
| Liu Pei P | -- | -- | |
| Liu Shin L | $533,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Liu Shin L | $285,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $780,000 | +4.0% | $714 / Sq Ft |
| 05/14/2024 05/14/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $750,000 | -- | $686 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,442 | $699,600 | $0 | $699,600 |
| 2024 | $4,104 | $693,200 | $0 | $693,200 |
| 2023 | $3,948 | $673,800 | $0 | $673,800 |
| 2022 | $3,905 | $659,700 | $0 | $659,700 |
| 2021 | $3,766 | $643,800 | $0 | $643,800 |
| 2020 | $3,629 | $631,200 | $0 | $631,200 |
| 2019 | $3,492 | $587,900 | $0 | $587,900 |
| 2018 | $1,298 | $542,300 | $0 | $542,300 |
| 2017 | $3,266 | $503,200 | $0 | $503,200 |
| 2016 | $3,350 | $479,300 | $0 | $479,300 |
Source: Public Records
Agents Affiliated with this Home
-
Bonnie Lai
-
Ann DiMascio
Buyer's Agent in 2024
Ann DiMascio
Lamacchia Realty, Inc.
(781) 704-1180
1 in this area
84 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73235213
APN: CAMB-000194-000000-000070-000002
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.
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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