NOT LISTED FOR SALE

Estimated Value: $1,947,000

2 Beds
1 Bath
996 Sq Ft
$1,955/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $1,725,000 $1,732 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,822/month

178 Days on Market

Highlights

  • 0.07 Acre Lot
  • Corner Lot
  • 2 Car Detached Garage
  • Property is near public transit
  • Cottage
  • 1-minute walk to Timothy J. Toomey, Jr. Park

About This Home

As of May 2022

Rare development opportunity in the heart of Kendall Square! Rehab this darling brick single or explore the potential of this wonderful East Cambridge location. The Red and Green T lines are nearby, as are MIT and dozens of the world's most innovative companies. Google, Microsoft, Akamai, Amazon, Pfizer, Biogen Idec, and Genzyme employees would love to live so close to work! The location and potential combine to make this one of the most desirable corners in East Cambridge. Prior to making any offer, all Buyers must do their own due diligence regarding Buyer’s proposed use and number of units possible; listing agents do not guarantee the accuracy of any information contained herein. All costs of approval will be the sole responsibility of the buyer. ATTENTION: DO NOT GO ONTO PROPERTY.

Last Agent to Sell the Property

Bigelow/ Irving

Compass Listed on: 09/10/2021

Compass

Last Buyer's Agent

Aurel Garban

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,004

Year Built

  • Built in 1886

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot
  • Property is zoned IA-1*

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cottage
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 996 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 400757

Community Details

Amenities

  • Shops

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,004

Year Built

Built in 1886

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1886
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • Living Area: 996
  • MAIN LO: AN2383
  • MAIN SO: AN1593

Exterior Features

  • Construction Materials: Frame, Brick
  • Foundation Details: Stone, Brick/Mortar
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Detached, Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, T-Station

Lot Info

  • Parcel Number: 400757
  • Zoning: IA-1*
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 2910

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3004.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
May 25, 2022
Sold by
Price Betsey B and Hamouda Omar
Bought by
231 Third Street Llc
Seller's Agent
Bigelow/ Irving
Compass
Buyer's Agent
Aurel Garban
Gibson Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,725,000
Premium/Discount to List
-$225,000
-11.54%
Current Estimated Value
$1,947,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,000
Original Mortgage
$2,505,000
Outstanding Balance
$2,367,162
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2010
Sold by
Hamouda Omar
Bought by
Hamouda Omar and Price Betsey B

Purchase Details

Closed on
Nov 3, 1995
Sold by
Kervick Mary J
Bought by
Hamouda Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
231 Third Street Llc $1,725,000 None Available
231 Third Street Llc $1,725,000 None Available
Hamouda Omar -- --
Hamouda Omar -- --
Hamouda Omar -- --
Hamouda Omar $110,000 --
Hamouda Omar $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 231 Third Street Llc $2,505,000
Closed 231 Third Street Llc $2,505,000
Previous Owner Hamouda Omar $300,000
Previous Owner Hamouda Omar $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $1,725,000 -11.5% $1,732 / Sq Ft
03/09/2022 03/09/22 For Sale $1,950,000 0.0% $1,958 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
09/10/2021 09/10/21 For Sale $1,950,000 -- $1,958 / 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 $19,447 $1,688,100 $1,169,400 $518,700
2024 $6,347 $1,072,200 $724,300 $347,900
2023 $5,817 $992,700 $691,500 $301,200
2022 $5,635 $951,800 $684,400 $267,400
2021 $5,388 $921,000 $671,600 $249,400
2020 $5,256 $914,000 $677,900 $236,100
2019 $5,664 $953,500 $665,000 $288,500
2018 $5,201 $826,900 $551,400 $275,500
2017 $4,875 $751,200 $493,000 $258,200
2016 $4,373 $625,600 $386,000 $239,600
2015 $4,267 $545,700 $330,900 $214,800
2014 $3,924 $468,300 $256,300 $212,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72893210

MLS Property Information Network (MLS PIN)

APN: CAMB-000027-000000-000035