NOT LISTED FOR SALE

24 Cambridge Terrace Unit 3 Cambridge, MA 02140

Neighborhood Nine Neighborhood

Estimated Value: $877,490 - $1,026,000

2 Beds
1 Bath
1,064 Sq Ft
$197/mo HOA Fee

Last Sold January 10, 2014

Last sale price $605,000 $569 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,685/month

8 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Porter Square Station
  • Custom Closet System
  • Spa
  • Open Floorplan
  • 5-minute walk to Raymond Park

About This Home

As of January 2014

Walk score of 91 and a stone's throw from Porter Square, this home celebrates country living! Featuring a rustic gourmet kitchen with SS appliances and reclaimed wood (relics of New England architectural history), a Bosch 5 burner cook top range, a double wall oven and English scullery for "the procrastinating housekeeper" with additional sink & dishwasher. There is a wood-burning stove in the cozy living room, 8'6" foot ceilings, hardwood floors throughout, generous closet space and a second private balcony. A south-facing private deck has wonderful afternoon light. The layout was thoughtfully designed to entertain comfortably during every season.

Last Agent to Sell the Property

Tracy Hertigan

Century 21 North East License #449545591 Listed on: 11/13/2013

Last Buyer's Agent

Alexander Chuprin

Zoom Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,681

Year Built

  • Built in 1904

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Recessed Lighting
  • Fireplace
  • Insulated Windows
  • Bay Window
  • Insulated Doors
  • Entryway
  • Dining Area
  • Bonus Room
  • Laundry in Basement

Kitchen

  • Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub
  • Bathtub with Shower

Parking

  • 1 Car Parking Space
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Spa
  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wood Insert Heater
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 93
  • Assessor Parcel Number 414553

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 3 Units
  • 24 Cambridge Terrace Condominium Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Tennis Courts
  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,681

Year Built

Built in 1904

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1904
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Walk-in Storage, Entry Hall, Bonus Room, Wet Bar
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: Yes
  • Appliances: Oven,Dishwasher,Countertop Range,Refrigerator, Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony - Exterior
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Beamed Ceilings, Flooring - Hardwood, Dining Area, Pantry, Kitchen Island, Open Floorplan, Recessed Lighting
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Third
  • Room Living Room Features: Wood / Coal / Pellet Stove, Flooring - Hardwood, Balcony / Deck, Open Floorplan
  • Accessibility Features: No
  • Living Area: 1064
  • Spa YN: Yes
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: B99241
  • LIST PRICE PER Sq Ft: 478.38
  • PRICE PER Sq Ft: 568.61
  • MAIN SO: AN5419

Exterior Features

  • Exterior Features: Balcony / Deck, Balcony
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Wood
  • Roof: Tar/Gravel
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas, Wood
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 196.88
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Bike Path, House of Worship, Public School, T-Station, University
  • UNIT BUILDING: 3
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 414553
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 297
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3681.36
  • Tax Block: 93
  • Tax Book Number: 57665
  • Tax Lot: 3
  • Tax Map Number: 201

Multi Family

  • Number Of Units Total: 3
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2014
Sold by
Brancaforte Elio and Brancaforte Benito
Bought by
Brancaforte Elio
Total Days on Market
8
Current Estimated Value
$949,873

Purchase Details

Listed on
Nov 13, 2013
Closed on
Jan 10, 2014
Sold by
Rosenberg Alice S
Bought by
Brancaforte Benito
Seller's Agent
Tracy Hertigan
Century 21 North East
Buyer's Agent
Alexander Chuprin
Zoom Realty, Inc.
List Price
$549,000
Sold Price
$605,000
Premium/Discount to List
$56,000
10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$275,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2011
Sold by
Studley Laura L and Studley Alexis G
Bought by
Rosenberg Alice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Cohn Jeremy A
Bought by
Studley Alexis G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1998
Sold by
Leonard Richard A
Bought by
Cohn Jeremy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1987
Sold by
Hertc Frederick
Bought by
Leonard Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
9.01%
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
Brancaforte Elio -- --
Brancaforte Benito $555,000 --
Rosenberg Alice S $467,000 --
Studley Alexis G $440,000 --
Cohn Jeremy A $256,000 --
Leonard Richard A $159,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brancaforte Elio $110,000
Previous Owner Leonard Richard A $275,000
Previous Owner Rosenberg Alice S $300,000
Previous Owner Studley Alexis G $352,000
Previous Owner Cohn Jeremy A $100,000
Previous Owner Leonard Richard A $175,000
Previous Owner Leonard Richard A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2014 01/10/14 Sold $605,000 +18.9% $569 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
11/16/2013 11/16/13 Price Changed $509,000 -7.3% $478 / Sq Ft
11/13/2013 11/13/13 For Sale $549,000 -- $516 / 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 $5,360 $844,100 $0 $844,100
2024 $4,765 $804,900 $0 $804,900
2023 $4,580 $781,600 $0 $781,600
2022 $4,566 $771,300 $0 $771,300
2021 $4,414 $754,500 $0 $754,500
2020 $4,233 $736,200 $0 $736,200
2019 $4,071 $685,400 $0 $685,400
2018 $3,974 $631,800 $0 $631,800
2017 $3,826 $589,500 $0 $589,500
2016 $3,749 $536,400 $0 $536,400
2015 $3,716 $475,200 $0 $475,200
2014 $3,680 $439,200 $0 $439,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71607842

MLS Property Information Network (MLS PIN)

APN: CAMB-000201-000000-000093-000003