$856,000
SOLD DEC 6, 2016
2 Beds
1 Bath
1,200 Sq Ft
2,296 Acres

Recently Sold

$713 Per Sq Ft

7% Above List Price

6 Days on Market

About This Home

As of December 2016

Have you been looking for a modern loft in Cambridge? Look no more and come see this wonderful 2 Bedroom/1 bath condo with off-street parking located in the trendy Cambridgeport area. The loft offers 14' ceilings, great light, an expansive feeling with all the modern conveniences of city living. Professionally managed & pet-friendly complex w/high owner occupancy. Fabulously located in the heart of one of the country's most walkable & desirable communities-short walk to Central Square, nearby supermarkets, shops, cafés and a multitude of restaurants and public transportation. Near both Harvard and MIT. Additionally, sellers have done all the hard work and secured a zoning variance from the City of Cambridge allowing the new owners to add a 430 SF. second floor with a large deck (Plans attached). First Showings at Open Houses: Sat., Oct. 29 - 12-1:30 pm., and Sunday, Oct. 30 before the Patriots Game.-11:00 am-12:30 pm. Note: Offers, if any due Mon.10/31 @ 2:00 pm.

Last Agent to Sell the Property

Colleen Kelly

Compass Listed on: 10/26/2016

Compass

Last Buyer's Agent

Patti Brainard

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,250

Year Built

1920

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Corner, Ground, Courtyard
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer
  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, T-Station, University
  • Electric: 110 Volts
  • Energy: Prog. Thermostat
  • Flooring: Wood
  • Interior Amenities: Cable Available, Intercom
  • Bedroom 2: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Hardwood, Main Level
  • Dining Room: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Rubber
  • Construction: Stone/Concrete
  • Exterior: Stucco
  • Exterior Unit Features: Patio - Enclosed, Professional Landscaping

Garage/Parking

  • Parking: Assigned
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Tankless
  • Utility Connections: for Gas Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Tech Lofts
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Security: Intercom, Security Gate
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 6
  • Unit Building: 6

Schools

  • Elementary School: Cps
  • Middle School: Cps
  • High School: Cps

Lot Info

  • Assessor Parcel Number: M:00097 L:0007300006
  • Zoning: Resident

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
Dec 6, 2016
Sold by
Varanasi Kishore and Varanasi Sucharita
Bought by
Foulsham William and Lord Jennifer
Seller's Agent
Colleen Kelly
Compass
Buyer's Agent
Patti Brainard
Compass
List Price
$798,000
Sold Price
$856,000
Premium/Discount to List
$58,000
7.27%
Current Estimated Value
$1,231,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,761
Avg. Annual Appreciation
4.38%
Original Mortgage
$676,000
Outstanding Balance
$558,889
Interest Rate
3.52%
Mortgage Type
Unknown
Estimated Equity
$680,044

Purchase Details

Closed on
Sep 2, 2008
Sold by
Tech Rentals Llc
Bought by
Varanasi Kishore and Varanasi Sucharita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,660
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2007
Sold by
Lepler Mark I
Bought by
Tech Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2007
Sold by
Tech Rentals Llc
Bought by
Lepler Mark I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2006
Sold by
Brookline Street 201 L
Bought by
Tech Rentals Llc
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 Type Sale Price Title Company
Not Resolvable $856,000 --
Deed $554,000 --
Deed -- --
Deed -- --
Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $676,000 Unknown
Previous Owner $212,000 Credit Line Revolving
Previous Owner $432,000 No Value Available
Previous Owner $54,000 No Value Available
Previous Owner $522,990 No Value Available
Previous Owner $521,283 FHA
Previous Owner $521,660 Purchase Money Mortgage
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Rented $3,950 0.0% --
06/05/2020 06/05/20 Under Contract -- -- --
05/26/2020 05/26/20 For Rent $3,950 0.0% --
12/06/2016 12/06/16 Sold $856,000 +7.3% $713 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $798,000 -- $665 / 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 $6,250 $984,200 $0 $984,200
2024 $5,740 $969,600 $0 $969,600
2023 $5,448 $929,700 $0 $929,700
2022 $5,387 $910,000 $0 $910,000
2021 $5,246 $896,700 $0 $896,700
2020 $4,988 $867,400 $0 $867,400
2019 $4,783 $805,300 $0 $805,300
2018 $4,654 $739,900 $0 $739,900
2017 $4,472 $689,000 $0 $689,000
2016 $4,112 $588,200 $0 $588,200
2015 $4,066 $519,900 $0 $519,900
2014 $3,996 $476,900 $0 $476,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72086169

MLS Property Information Network (MLS PIN)

APN: CAMB-000097-000000-000073-000006