22 Orchard St Cambridge, MA 02140
North Cambridge Neighborhood
3
Beds
3
Baths
3,424
Sq Ft
3,320
Sq Ft Lot
Highlights
- Deck
- 4-minute walk to Porter Square Station
- Porch
- Property is near public transit
- Wood Flooring
- Cooling Available
About This Home
As of November 2022Rare opportunity to purchase an easy to rent, easy to maintain investment property right in the heart of Porter Square! This location is mere moments from Porter Square Shopping Center as well as vibrant Davis Square, where you can enjoy restaurants, shops and Red Line T stations! Enjoy the seasons on multiple decks, common yard and patio. Tenants have the benefit of convenient common laundry in the basement as well as plenty of room for storage. Previous rents were significantly under market value. Take advantage of this moment to purchase a Cambridge 3-Family in an A+ location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,534
Year Built
- Built in 1892
Lot Details
- 3,320 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,424 Sq Ft Home
- Wood Flooring
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Deck
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- 3 Heating Zones
- Heating System Uses Natural Gas
- 200+ Amp Service
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $5,800
- Assessor Parcel Number M:00179 L:00046,412443
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Park
Additional Features
- Shops
- Net Operating Income $69,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2022
Closed on
Nov 11, 2022
Sold by
Elliott Patricia D Est
Bought by
Bagasra Nisreen and Bagasra Abbas
Seller's Agent
Jeff Stephens
Compass
Buyer's Agent
Meredith Kiep
Berkshire Hathaway HomeServices Warren Residential
List Price
$2,100,000
Sold Price
$1,740,000
Premium/Discount to List
-$360,000
-17.14%
Views
54
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
$259,105
Avg. Annual Appreciation
5.29%
Purchase Details
Closed on
Jul 3, 1991
Sold by
22 Orchard St Rt
Bought by
Elliott Patricia D
Similar Homes in the area
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $1,740,000 | None Available | |
| Deed | $184,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $208,000 | No Value Available | |
| Previous Owner | $220,000 | No Value Available | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $174,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2022 11/14/22 | Sold | $1,740,000 | -3.3% | $508 / Sq Ft |
| 09/26/2022 09/26/22 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | Price Changed | $1,799,000 | -2.7% | $525 / Sq Ft |
| 08/17/2022 08/17/22 | Price Changed | $1,849,000 | -2.4% | $540 / Sq Ft |
| 07/13/2022 07/13/22 | Price Changed | $1,895,000 | -2.8% | $553 / Sq Ft |
| 06/05/2022 06/05/22 | Price Changed | $1,949,000 | -2.6% | $569 / Sq Ft |
| 05/18/2022 05/18/22 | Price Changed | $2,000,000 | -4.8% | $584 / Sq Ft |
| 04/25/2022 04/25/22 | For Sale | $2,100,000 | -- | $613 / 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 | $11,838 | $1,864,200 | $716,400 | $1,147,800 |
| 2024 | $10,976 | $1,854,100 | $748,800 | $1,105,300 |
| 2023 | $11,585 | $1,976,900 | $765,700 | $1,211,200 |
| 2022 | $10,534 | $1,858,400 | $764,400 | $1,094,000 |
| 2021 | $14,570 | $1,800,600 | $748,100 | $1,052,500 |
| 2020 | $10,175 | $1,769,600 | $740,700 | $1,028,900 |
| 2019 | $9,566 | $1,610,500 | $642,600 | $967,900 |
| 2018 | $12,149 | $1,464,000 | $595,200 | $868,800 |
| 2017 | $9,034 | $1,392,000 | $568,200 | $823,800 |
| 2016 | $8,728 | $1,248,700 | $490,400 | $758,300 |
| 2015 | $6,491 | $830,100 | $385,600 | $444,500 |
| 2014 | $6,097 | $727,600 | $321,300 | $406,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Stephens
Seller's Agent in 2022
Jeff Stephens
Compass
(617) 733-9635
2 in this area
24 Total Sales
-
Meredith Kiep
Buyer's Agent in 2022
Meredith Kiep
Berkshire Hathaway HomeServices Warren Residential
(513) 638-8223
1 in this area
76 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72971170
APN: CAMB-000179-000000-000046
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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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