NOT LISTED FOR SALE

Estimated Value: $1,502,000 - $1,691,877

3 Beds
3 Baths
1,617 Sq Ft
$1,149/mo HOA Fee

Last Sold September 28, 2018

Last sale price $1,670,000 $1,033 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,755/month

51 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to Lechmere Station
  • 3-minute walk to Lechmere Canal Park
  • Intercom
  • Central Heating and Cooling System

About This Home

As of September 2018

This is the preeminent penthouse unit at ONE FIRST, the full-service luxury condominium complex. This 3 bedroom, 2.5 bathroom corner penthouse features a unique value proposition; single-floor living across nearly 1,620 square feet of interior space with southern, western and northern exposure, and 448 square feet across two private outdoor spaces. Open living space with high ceilings and prominent windows welcomes ample natural light and a majestic view of the sunset. Master bedroom with direct access to a sun-drenched, south-facing private deck. Opportunity to expand into 4 or 5 bedrooms. Newly constructed 9 years ago, ONE FIRST amenities include garage parking, 24/7 concierge, fitness room, library/lounge, immaculate courtyard and a common roof deck. Its prime location is across the Lechmere Station, walking distance to Kendall Sq., MIT, and minutes to Boston. Lechmere Station will be relocated across the street as part of Cambridge Crossing, a 45-acre mixed-use development

Last Listed By

Amir Ketabi

Catalyst Properties Listed on: 07/18/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,446

Year Built

  • Built in 2008

HOA Fees

  • $1,149 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

  • Wood Flooring
  • Central Heating and Cooling System

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,446

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,149 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 1100.19
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2008
  • Unit Building: PH H625
  • Unit Level: 6
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2008

Interior Features

  • Flooring: Wood
  • Interior Amenities: Intercom
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • No Rooms: 6
  • No Living Levels: 1
  • Main Lo: NB2211
  • Main So: AN2383
  • Estimated Sq Ft: 1617.00

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Exterior Unit Features: Deck, Deck - Roof, Patio, Balcony, Garden Area

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Garage Parking: Under, Heated, Deeded
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 3
  • Heating: Central Heat
  • Heat Zones: 3

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Private School, Public School, T-Station, University
  • HOA Fees: 1149.19
  • Association Fee Includes: Heat, Water, Sewer, Master Insurance, Security, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Recreational Facilities, Exercise Room, Garden Area, Air Conditioning, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom, TV Monitor, Doorman, Concierge
  • Management: Professional - On Site, Owner Association

Lot Info

  • Assessments: 1168000.00
  • Page: 226
  • Zoning: 18-47-H625

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 7548.25
  • Assessor Parcel Number: 4727289

Multi Family

  • No Units: 196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Sep 28, 2018
Sold by
Ketabi Mahmoud and Ketabi Afarin
Bought by
Li Yuansha
Seller's Agent
Amir Ketabi
Catalyst Properties
Buyer's Agent
Bigelow/ Irving
Compass
List Price
$1,779,000
Sold Price
$1,670,000
Premium/Discount to List
-$109,000
-6.13%
Total Days on Market
51
Current Estimated Value
$1,590,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,374
Avg. Annual Appreciation
-0.12%
Original Mortgage
$600,000
Outstanding Balance
$531,541
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,124,727

Purchase Details

Closed on
Oct 17, 2008
Sold by
1St Street Venture Llc
Bought by
Ketabi Mahmoud

Range of Values:

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Average Value
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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
Li Yuansha $1,670,000 --
Ketabi Mahmoud $987,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yuansha $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $1,670,000 -6.1% $1,033 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $1,779,000 -- $1,100 / 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 $9,446 $1,487,500 $0 $1,487,500
2024 $8,379 $1,415,400 $0 $1,415,400
2023 $8,033 $1,370,900 $0 $1,370,900
2022 $8,400 $1,419,000 $0 $1,419,000
2021 $8,341 $1,425,800 $0 $1,425,800
2020 $7,787 $1,354,200 $0 $1,354,200
2019 $7,475 $1,258,400 $0 $1,258,400
2018 $7,347 $1,168,000 $0 $1,168,000
2017 $7,057 $1,087,400 $0 $1,087,400
2016 $6,875 $983,600 $0 $983,600
2015 $6,752 $863,400 $0 $863,400
2014 $6,536 $779,900 $0 $779,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72364039

MLS Property Information Network (MLS PIN)

APN: CAMB-000018-000000-000047-H000625