NOT LISTED FOR SALE

226 Banks St Unit 1 Cambridge, MA 02138

Riverside Neighborhood

Estimated Value: $802,000 - $1,108,000

2 Beds
1 Bath
1,025 Sq Ft
$285/mo HOA Fee

Last Sold June 29, 2012

Last sale price $522,000 $509 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,030/month

7 Days on Market

Highlights

  • Property is near public transit
  • Covered patio or porch
  • Intercom
  • Wood Flooring
  • 1 Car Detached Garage
  • 1-minute walk to Wheeler Park

About This Home

As of June 2012

Close to the Charles River, Harvard and Central Sq, the Mass Pike and Boston, this updated 2 bedroom condo in the Riverside neighborhood is close to it all. Garage parking, central AC, and in-unit laundry. This south-western facing unit has nice light exposures, and an exclusive-use back porch area for entertaining. Granite and stainless-steel appliances in the kitchen. Storage in the basement. Self-managed, pet-friendly association. Nice open floor plan offers a comfortable living experience.

Last Agent to Sell the Property

Andrew Scannell

Compass License #449541178 Listed on: 05/30/2012

Compass

Last Buyer's Agent

Ferle Bramson

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 1920

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Deeded Parking

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:00130 L:0013500001,4545727

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure
  • 6 Units
  • Low-Rise Condominium

Amenities

  • Shops

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,662

Year Built

Built in 1920

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1920
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Area: 110
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 168
  • Bathroom 1 Area: 45
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Dining Room Area: 168
  • Room Kitchen Level: First
  • Room Kitchen Area: 88
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 216
  • Living Area: 1025
  • Stories Total: 1
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 496.59
  • PRICE PER Sq Ft: 509.27
  • MAIN SO: an6181

Exterior Features

  • Patio And Porch Features: Covered
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Bike Path
  • UNIT BUILDING: 1
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: M:00130 L:0013500001,4545727
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 441
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3662
  • Tax Book Number: 49714

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2015
Sold by
Rotem Itzhak and Rotem Itzak
Bought by
226 Bank St Llc
Total Days on Market
7
Current Estimated Value
$945,628

Purchase Details

Listed on
May 30, 2012
Closed on
Jun 29, 2012
Sold by
Kacewicz Michael
Bought by
Rotem Itzak and Rotem Hemda
Seller's Agent
Andrew Scannell
Compass
Buyer's Agent
Ferle Bramson
Coldwell Banker Realty - Cambridge
List Price
$509,000
Sold Price
$522,000
Premium/Discount to List
$13,000
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Jul 2, 2007
Sold by
Whiteman David Ah and Whiteman Maryellen C
Bought by
Kacewicz Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
226 Bank St Llc -- --
Rotem Itzak $522,000 --
Kacewicz Michael $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kacewicz Michael $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $522,000 +2.6% $509 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $509,000 -- $497 / 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 $5,246 $826,200 $0 $826,200
2024 $4,850 $819,200 $0 $819,200
2023 $4,665 $796,100 $0 $796,100
2022 $4,904 $828,400 $0 $828,400
2021 $4,727 $808,000 $0 $808,000
2020 $4,553 $791,800 $0 $791,800
2019 $4,372 $736,000 $0 $736,000
2018 $4,369 $677,200 $0 $677,200
2017 $4,048 $623,800 $0 $623,800
2016 $3,931 $562,400 $0 $562,400
2015 $3,896 $498,200 $0 $498,200
2014 $3,855 $460,000 $0 $460,000
Source: Public Records

Agents Affiliated with this Home

  • Andrew Scannell

    Seller's Agent in 2012

    Andrew Scannell

    Compass

    (617) 303-0067

    Section Image

  • F

    Buyer's Agent in 2012

    Ferle Bramson

    Coldwell Banker Realty - Cambridge

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71389372

MLS Property Information Network (MLS PIN)

APN: CAMB-000130-000000-000135-000001

Massachusetts Middlesex County Cambridge 02138 Riverside

226 Banks St Unit 1, Cambridge, MA

This home is located at 226 Banks St Unit 1, Cambridge, MA 02138 since 30 May 2012 and is currently estimated at $945,628, approximately $922 per square foot. This property was built in 1920. 226 Banks St Unit 1 is a home located in Middlesex County with nearby schools including Saint Paul's Choir School and St Herman Of Alaska Christian School.

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