NOT LISTED FOR SALE

23 Banks St Unit 23 Cambridge, MA 02138

Riverside Neighborhood

Estimated Value: $2,410,000 - $3,503,000

3 Beds
5 Baths
2,730 Sq Ft
1887 Built

Last Sold June 18, 2021

Last sale price $2,850,000 $1,044 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $17,635/month

6 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 5-minute walk to Corporal Burns Park

About This Home

As of June 2021

Impeccably maintained de facto single family home with multiple private outdoor spaces & 2 parking spots in exceptional Cambridge location. Ideally situated on a quaint side street mere blocks to The Charles River & a short walk into Harvard Square, 23 Banks Street is a magnificent and stylish colonial- contemporary home with the perfect blend of classic New England and modern amenities to suit today's lifestyle. The entry level boasts an open concept floor plan with sun splashed living space & dedicated dining, as well as a chef's kitchen with custom cabinetry, Carrara marble counter tops & top of the line appliances, as well as a direct access private deck & large patio that serve as a perfect double outdoor oasis. There are 2 bedrooms & 2 baths on the 2nd floor & a 3rd bedroom (or bonus room) on the penthouse level with another full bath. There is also ample additional finished lower level space that has a full bathroom as well as Central HVAC, laundry, smart home technology & more.

Last Agent to Sell the Property

Vineburgh DiMella Team

Charlesgate Realty Group, llc Listed on: 04/28/2021

Co-Listed By

Beth Alpert

Brooks Brokerage, LLC

Last Buyer's Agent

Liz & Ellie Real Estate

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,433

Year Built

  • Built in 1887

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,433

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 1007.33
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1887
  • Lead Paint: Unknown
  • Unit Building: 23
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1887

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile, Concrete, Hardwood
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Closet - Walk-in, Flooring - Hardwood, Double Vanity
  • Bedroom 2: On Level: Second Floor, Bathroom - Full, Flooring - Hardwood
  • Bedroom 3: On Level: Third Floor, Bathroom - Full, Flooring - Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • No Rooms: 10
  • Dining Room: On Level: First Floor, Flooring - Hardwood
  • Family Room: On Level: Basement, Bathroom - Full
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Kitchen Island, Stainless Steel Appliances
  • Laundry: On Level: Second Floor
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • Other Room 1: Name: Bathroom, On Level: Third Floor, Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
  • Other Room 2: Name: Bathroom, On Level: Basement, Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
  • No Living Levels: 4
  • Main Lo: NB1520
  • Main So: AN2383
  • Estimated Sq Ft: 2730.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Composition Shingles
  • Exterior: Fiber Cement Siding
  • Insulation Feature: Full, Spray Foam

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 3
  • Heating: Central Heat
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, T-Station, University
  • HOA Fees: 458.33
  • Condo Association: Yes

Lot Info

  • Assessments: 2511300.00
  • Page: 000
  • Zoning: RES

Tax Info

  • Taxes: 14691.11
  • Assessor Parcel Number: 5011102
  • Tax Year: 2021

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 18, 2021
Sold by
Mcdade Ft
Bought by
Hui Liu 2018 Ret
Seller's Agent
Vineburgh DiMella Team
Charlesgate Realty Group, llc
Buyer's Agent
Liz & Ellie Real Estate
Compass
List Price
$2,750,000
Sold Price
$2,850,000
Premium/Discount to List
$100,000
3.64%
Current Estimated Value
$3,033,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,568
Avg. Annual Appreciation
1.45%
Original Mortgage
$1,995,000
Outstanding Balance
$1,806,224
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,227,344

Purchase Details

Listed on
Jul 27, 2016
Closed on
Sep 30, 2016
Sold by
St Dreamcasa 25 Banks
Bought by
Mcdade Ft
Seller's Agent
Fernanda Bourlot
Douglas Elliman Real Estate - Park Plaza
Buyer's Agent
Todd Mikelonis
Charlesgate Realty Group, llc
List Price
$2,250,000
Sold Price
$2,225,000
Premium/Discount to List
-$25,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hui Liu 2018 Ret $2,850,000 None Available
Hui Liu 2018 Ret $2,850,000 None Available
Mcdade Ft $2,225,000 --
Mcdade Ft $2,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hui Liu 2018 Ret $1,995,000
Closed Hui Liu 2018 Ret $1,995,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $2,850,000 +3.6% $1,044 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $2,750,000 +23.6% $1,007 / Sq Ft
09/30/2016 09/30/16 Sold $2,225,000 -1.1% $815 / Sq Ft View Prior Sale
08/26/2016 08/26/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $2,250,000 -- $824 / 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 $18,433 $2,902,800 $0 $2,902,800
2024 $17,293 $2,921,100 $0 $2,921,100
2023 $15,475 $2,640,800 $0 $2,640,800
2022 $15,180 $2,564,200 $0 $2,564,200
2021 $14,691 $2,511,300 $0 $2,511,300
2020 $13,572 $2,360,400 $0 $2,360,400
2019 $13,006 $2,189,500 $0 $2,189,500
2018 $12,670 $2,014,300 $0 $2,014,300
Source: Public Records

Agents Affiliated with this Home

  • Vineburgh DiMella Team

    Seller's Agent in 2021

    Vineburgh DiMella Team

    Charlesgate Realty Group, llc

    (617) 921-9060

    1 in this area

    373 Total Sales

    Vineburgh DiMella Team
    Section Image

  • B

    Seller Co-Listing Agent in 2021

    Beth Alpert

    Brooks Brokerage, LLC

    Section Image
  • Liz & Ellie Real Estate

    Buyer's Agent in 2021

    Liz & Ellie Real Estate

    Compass

    (617) 444-9644

    4 in this area

    104 Total Sales

    Liz & Ellie Real Estate
    Section Image

  • F

    Seller's Agent in 2016

    Fernanda Bourlot

    Douglas Elliman Real Estate - Park Plaza

    Section Image

  • T

    Buyer's Agent in 2016

    Todd Mikelonis

    Charlesgate Realty Group, llc

    (857) 383-3125

    4 Total Sales

    Todd Mikelonis
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72822551

MLS Property Information Network (MLS PIN)

APN: CAMB-132 23 23

Massachusetts Middlesex County Cambridge 02138 Riverside

23 Banks St Unit 23, Cambridge, MA

This home is located at 23 Banks St Unit 23, Cambridge, MA 02138 since 28 April 2021 and is currently estimated at $3,033,568, approximately $1,111 per square foot. This property was built in 1887. 23 Banks St Unit 23 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Saint Paul's Choir 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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