NOT LISTED FOR SALE

240 Franklin St Unit B2 Cambridge, MA 02139

Cambridgeport Neighborhood

Estimated Value: $751,000 - $849,000

2 Beds
1 Bath
1,042 Sq Ft
1900 Built

Last Sold May 31, 2019

Last sale price $530,000 $509 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,481/month

Highlights

  • Medical Services
  • 3-minute walk to Central Square Station
  • Shops
  • Property is near public transit
  • Park
  • 2-minute walk to Carl F. Barron Plaza

About This Home

As of February 2023

****Best Deal in Central Sq**** Situated just Steps to the T, Shops and Restaurants, Harvard/ MIT, and Much More! This WELL KEPT 2B/1B exhibits a pride of homeownership boasting an open floor plan with open kitchen w/ Quartz Counters, oversized living/dining areas, exposed brick beams, NEWER In-Unit Laundry, Ample closet space, Common area patio for residents with Grilling Station all while being professionally managed. Ditch the car as you have a walk score of 99 and a bike score of 98 so no need for car insurance, gas, excise tax, etc! Make this your home today! No dogs allowed unless renters have the paperwork noting therapy dog.

Last Agent to Rent the Property

Jaylen White

Turn Key Realty Listed on: 01/05/2023

Last Renter's Agent

The Muncey Group

Compass

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1900

Home Design

  • 1,042 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 1/5/23
  • Rent includes water, sewer, trash collection, snow removal
  • Assessor Parcel Number M:00106 L:00047000B2,3806535

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,661

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-01-05
  • Lease Term: Lease Terms(Fixed),Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1900
  • Year Built Details: Actual
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 1042
  • MAIN LO: AN0610
  • MAIN SO: AN2383

Exterior Features

  • Waterfront YN: No

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal

Lot Info

  • Parcel Number: M:00106 L:00047000B2,3806535
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 29, 2019
Sold by
Nguyen Hue and Vendramin Andrea
Bought by
Mbs 2016 Ret
Seller's Agent
Erik Williams
Keller Williams Realty Boston Northwest
Buyer's Agent
Kenny Celano
Turn Key Realty
List Price
$499,900
Sold Price
$530,000
Premium/Discount to List
$30,100
6.02%
Current Estimated Value
$796,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,271
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Aug 12, 2011
Sold by
Merrill Lynch Mtg Inve
Bought by
Nguyen Hue and Vendramin Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,800
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2010
Sold by
Thapa Bimala
Bought by
Wells Fargo Bk

Purchase Details

Closed on
Mar 16, 2009
Sold by
Thapa Bimala
Bought by
Blagden Mark
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
Mbs 2016 Ret $530,000 --
Nguyen Hue $273,199 --
Wells Fargo Bk $266,000 --
Blagden Mark $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Hue $245,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2023 02/15/23 Rented $2,900 -9.4% --
01/23/2023 01/23/23 Price Changed $3,200 -8.6% $3 / Sq Ft
01/05/2023 01/05/23 For Rent $3,500 +40.0% --
08/02/2021 08/02/21 Rented $2,500 0.0% --
07/06/2021 07/06/21 For Rent $2,500 +42.9% --
01/04/2021 01/04/21 Rented $1,750 0.0% --
12/27/2020 12/27/20 Under Contract -- -- --
11/22/2020 11/22/20 Price Changed $1,750 -12.5% $2 / Sq Ft
11/12/2020 11/12/20 Price Changed $2,000 +33.3% $2 / Sq Ft
10/25/2020 10/25/20 Price Changed $1,500 -53.1% $1 / Sq Ft
10/19/2020 10/19/20 For Rent $3,200 0.0% --
05/31/2019 05/31/19 Sold $530,000 +6.0% $509 / Sq Ft View Prior Sale
05/01/2019 05/01/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $499,900 -- $480 / 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 $3,661 $576,500 $0 $576,500
2024 $3,386 $571,900 $0 $571,900
2023 $3,246 $553,900 $0 $553,900
2022 $3,197 $540,000 $0 $540,000
2021 $3,130 $535,000 $0 $535,000
2020 $3,250 $565,300 $0 $565,300
2019 $3,111 $523,800 $0 $523,800
2018 $900 $480,800 $0 $480,800
2017 $2,830 $436,100 $0 $436,100
2016 $2,697 $385,900 $0 $385,900
2015 $2,670 $341,400 $0 $341,400
2014 $2,617 $312,300 $0 $312,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2023

    Jaylen White

    Turn Key Realty

    Section Image
  • The Muncey Group

    Tenant's Agent in 2023

    The Muncey Group

    Compass

    (617) 905-6445

    434 Total Sales

    The Muncey Group
    Section Image
  • Kenny Celano

    Seller's Agent in 2021

    Kenny Celano

    Turn Key Realty

    (781) 264-3992

    97 Total Sales

    Kenny Celano
    Section Image

  • W

    Seller's Agent in 2021

    William Collins

    Turn Key Realty

  • R

    Buyer's Agent in 2021

    Rebecca Phillips

    Metro Realty Corp.

    Section Image
  • Erik Williams

    Seller's Agent in 2019

    Erik Williams

    Keller Williams Realty Boston Northwest

    (617) 504-2021

    28 Total Sales

    Erik Williams
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73068325

MLS Property Information Network (MLS PIN)

APN: CAMB-000106-000000-000047-B000002

Massachusetts Middlesex County Cambridge 02139 Cambridgeport

240 Franklin St Unit B2, Cambridge, MA

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