NOT LISTED FOR SALE

225 Prospect St Unit 2 Cambridge, MA 02139

Mid-Cambridge Neighborhood

Estimated Value: $1,551,000 - $2,149,000

3 Beds
4 Baths
1,991 Sq Ft
$981/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $1,775,000 $892 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,669/month

71 Days on Market

About This Home

As of May 2021

Set far back from the street inside a peaceful enclave near Inman Square is this newly constructed luxury townhome. Attention to detail is apparent throughout the home, with refined features including heated floors, Sub-Zero and Wolf appliances, high end home automation systems, electric car charging station and more. Through the foyer is a bright living / dining room with access to the patio & garden. The kitchen has gorgeous cabinetry with stone counter tops, Sub-Zero and Wolf appliances. The second floor includes two bedrooms - both with balconies, laundry, and a guest bathroom with heated floors. On the top floor, the very private primary suite showcases a spa-like bath with a double vanity and heated floors, and French doors to a large roof deck. On the lower level there is a media room and guest bathroom. This sleek property is conveniently located to Inman, Central & Kendall Squares.

Last Agent to Sell the Property

Gail Roberts, Ed Feijo & Team

Coldwell Banker Realty - Cambridge Listed on: 01/21/2021

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Lisa May

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,356

Year Built

  • Built in 2020

HOA Fees

  • $373 per month

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Laundry in unit
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,356

Year Built

Built in 2020

Lot Details

0

HOA Fees

$373 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 896.53
  • Comp Based On: Net Sale Price
  • Year Built: 2020
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 1
  • Unit Placement: End
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Built: 2020

Interior Features

  • No Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 7
  • Laundry Features: In Unit
  • Basement: Y
  • No Living Levels: 4
  • Main Lo: AN6181
  • Main So: BB5918
  • Estimated Sq Ft: 1991.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior Unit Features: Deck - Roof, Patio

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 373.08
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Management: Developer Control

Lot Info

  • Page: 44
  • Zoning: Res C-1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 2704.37
  • Tax Year: 2021

Multi Family

  • No Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
May 24, 2021
Sold by
Magna Development Llc
Bought by
Zhang Biqi and Yang Franklin
Seller's Agent
Gail Roberts, Ed Feijo & Team
Coldwell Banker Realty - Cambridge
Buyer's Agent
Lisa May
Gibson Sotheby's International Realty
List Price
$1,850,000
Sold Price
$1,775,000
Premium/Discount to List
-$75,000
-4.05%
Current Estimated Value
$1,952,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,316
Avg. Annual Appreciation
3.48%
Original Mortgage
$1,400,000
Outstanding Balance
$1,272,948
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$786,725
Source: Public Records

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
Zhang Biqi $1,775,000 None Available
Zhang Biqi $1,775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Biqi $1,400,000
Closed Zhang Biqi $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $1,775,000 -0.6% $892 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/16/2021 03/16/21 Price Changed $1,785,000 -3.5% $897 / Sq Ft
01/21/2021 01/21/21 For Sale $1,850,000 -- $929 / 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 $11,356 $1,788,400 $0 $1,788,400
2024 $10,344 $1,747,300 $0 $1,747,300
2023 $9,478 $1,617,400 $0 $1,617,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gail Roberts, Ed Feijo & Team

    Coldwell Banker Realty - Cambridge

    (617) 844-2712

    42 in this area

    331 Total Sales

    Gail Roberts, Ed Feijo & Team
    Section Image
  • Lisa May

    Buyer's Agent in 2021

    Lisa May

    Gibson Sothebys International Realty

    (617) 429-3188

    11 in this area

    125 Total Sales

    Lisa May
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72777422

MLS Property Information Network (MLS PIN)

APN: CAMB M:00110 L:00067225/2

Massachusetts Middlesex County Cambridge 02139 Mid-Cambridge

225 Prospect St Unit 2, Cambridge, MA

This home is located at 225 Prospect St Unit 2, Cambridge, MA 02139 since 21 January 2021 and is currently estimated at $1,952,316, approximately $980 per square foot. This property was built in 2020. 225 Prospect St Unit 2 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School.

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MLS Property Information Network (MLS PIN) 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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