NOT LISTED FOR SALE

21 Otis St Unit 501 Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $2,114,874 - $2,323,000

3 Beds
2.5 Baths
1,874 Sq Ft
2006 Built

Last Sold August 16, 2024

Last sale price $2,200,000 $1,174 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,836/month

21 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Lechmere Station
  • No Units Above
  • Fitness Center
  • Medical Services
  • 2-minute walk to Lechmere Canal Park

About This Home

As of August 2024

Take the elevator home to this exquisite 3 BR, 2.5 BA Penthouse condo w/ landscaped Private Terrace, 1 Garage Parking and extra Storage. The stunning floor-thru home overlooks the meticulous courtyard of One First, the full service condominium complex, and also offers a 435 sq ft of flowering, illuminated, irrigated private outdoor sanctuary. The fire-place lit living salon opens into a sprawling dining room and kitchen, customized to feature Italiana polished & textured quarts countertops, Miele dishwasher & washer/dryer, Thermador appliances, including professional range w/ grille & Perfim vent, and chic Kesseboeher cabinets and white lacquered doors used throughout the home. The serenity of the primary bedroom is evident in the spa bathroom and direct access to your private outdoor oasis with magnificent views of the City and Cambridge. Bathrooms offer sleek glass showers, cabinets by Modulnova and radiant heated tile floors. Hunter Douglas Shading and California Closet throughout.

Last Agent to Sell the Property

Marius Gallitano

Compass Listed on: 05/30/2024

Compass

Co-Listed By

Ilona Kuphal

Compass

Last Buyer's Agent

Robb Cohen Team

Engel & Volkers Boston

Engel & Volkers Boston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,627

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • No Units Above

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • On-Street Parking
  • Open Parking
  • Deeded Parking

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction
  • Rubber Roof
  • Stone

Interior Spaces

  • 1,874 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Bay Window
  • Picture Window
  • Living Room with Fireplace
  • City Views
  • Exterior Basement Entry

Kitchen

  • Breakfast Bar
  • Oven
  • Stove
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 4 Cooling Zones
  • Forced Air Heating System
  • 4 Heating Zones
  • Heat Pump System
  • Individual Controls for Heating
  • 100 Amp Service
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4685517

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 199 Units
  • Mid-Rise Condominium
  • One First Community

Amenities

  • Concierge
  • Medical Services
  • Shops
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,627

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 2006
  • Entry Level: 5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Interior Amenities: Internet Available - Broadband, Elevator
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Water Softener
  • Total Bedrooms: 3
  • Room Bedroom2 Features: Closet, Window(s) - Bay/Bow/Box, High Speed Internet Hookup, Recessed Lighting
  • Room Bedroom3 Features: Closet, Window(s) - Bay/Bow/Box, High Speed Internet Hookup, Recessed Lighting
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Window(s) - Picture, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Recessed Lighting, Closet - Double
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Room Dining Room Features: Closet, Window(s) - Picture, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Wine Chiller
  • Room Kitchen Features: Closet, Window(s) - Picture, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Dryer Hookup - Gas, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Washer Hookup, Gas Stove, Lighting - Overhead
  • Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Features: Bathroom - Half, Window(s) - Picture, Balcony / Deck, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled
  • Basement: N
  • Living Area: 1874
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: AN2593

Exterior Features

  • Exterior Features: Deck - Roof, Decorative Lighting, City View(s)
  • Common Walls: No One Above
  • Construction Materials: Brick, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Garage Door Opener, Deeded, On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Heat Pump, Unit Control
  • Heating: Forced Air, Heat Pump, Unit Control
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor, Concierge
  • Water Source: Public
  • HEAT ZONES: 4
  • COOLING ZONES: 4

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center, Clubroom, Storage
  • Association Fee: 2181
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site, Owner Association

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 4685517
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11627

Multi Family

  • Number Of Units Total: 199
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Aug 15, 2024
Sold by
Martz Susanne A Est and Witherell
Bought by
Biletch Robert and Biletch Liane
Seller's Agent
Marius Gallitano
Compass
Buyer's Agent
Robb Cohen Team
Engel & Volkers Boston
List Price
$2,248,800
Sold Price
$2,200,000
Premium/Discount to List
-$48,800
-2.17%
Views
29
Current Estimated Value
$2,236,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,219
Avg. Annual Appreciation
1.26%
Original Mortgage
$1,200,000
Outstanding Balance
$1,183,236
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,052,983

Purchase Details

Closed on
Jul 24, 2007
Sold by
1St Street Venture Llc and Leggat Mccall Otis
Bought by
Martz Susanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Biletch Robert $2,200,000 None Available
Biletch Robert $2,200,000 None Available
Martz Susanne A $1,450,000 --
Martz Susanne A $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biletch Robert $1,200,000
Closed Biletch Robert $1,200,000
Previous Owner Martz Susanne A $500,000
Previous Owner Martz Susanne A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $2,200,000 -2.2% $1,174 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $2,248,800 -- $1,200 / 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 $12,727 $2,004,200 $0 $2,004,200
2024 $11,306 $1,909,800 $0 $1,909,800
2023 $10,836 $1,849,200 $0 $1,849,200
2022 $11,344 $1,916,300 $0 $1,916,300
2021 $11,293 $1,930,500 $0 $1,930,500
2020 $10,274 $1,786,700 $0 $1,786,700
2019 $9,855 $1,659,100 $0 $1,659,100
2018 $9,679 $1,538,800 $0 $1,538,800
2017 $9,309 $1,434,300 $0 $1,434,300
2016 $9,065 $1,296,900 $0 $1,296,900
2015 $8,894 $1,137,300 $0 $1,137,300
2014 $8,597 $1,025,900 $0 $1,025,900
Source: Public Records

Agents Affiliated with this Home

  • Marius Gallitano

    Seller's Agent in 2024

    Marius Gallitano

    Compass

    (617) 852-3936

    13 in this area

    80 Total Sales

    Marius Gallitano
    Section Image
  • Ilona Kuphal

    Seller Co-Listing Agent in 2024

    Ilona Kuphal

    Compass

    (617) 592-2310

    14 in this area

    15 Total Sales

    Ilona Kuphal
    Section Image
  • Robb Cohen Team

    Buyer's Agent in 2024

    Robb Cohen Team

    Engel & Volkers Boston

    (617) 962-0142

    2 in this area

    22 Total Sales

    Robb Cohen Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73245015

MLS Property Information Network (MLS PIN)

APN: CAMB-000018-000000-000047-E000501

Massachusetts Middlesex County Cambridge 02141 East Cambridge

21 Otis St Unit 501, Cambridge, MA

Not Listed for Sale

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