$1,078,000 - $1,327,000
RENTED MAR 4, 2025

241 Prospect St Unit 2 Cambridge, MA 02139

Mid-Cambridge Neighborhood
2 Beds
2 Baths
1,059 Sq Ft
$1,123 Price per Sq Ft

Last Sold May 19, 2017

Last sale price $925,000 $873 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,190/month

About This Home

As of May 2017

Enjoy the feeling of single family living in one of Cambridge's most desirable locations! Walk or Drive into your own entry and garage in this amazing Townhouse style condo! Built in 2008, this tri-level home features a large floorplan over 1500 sq ft and not including private garage and storage! Gourmet kitchen with stainless steel appliances and full dining area with ample counter and cabinet space, it opens to a generously sized living room with sunny windows and gas fireplace. Two full tile baths with recent updates. Two spacious and bright bedrooms with great closet space. Central Air and In Unit Laundry! The private garage is plenty of room for parking and lots of private storage. Private patio and common backyard. Conveniently located between Inman and Central Square, it is ultra convenient to Public Transportation, countless shops and cafes, entertainment, grocery, and so much more!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 19, 2017
Sold by
Mercado Jose
Bought by
Zhu Xu
Seller's Agent
Elisabeth Preis
Compass
Buyer's Agent
Elisabeth Preis
Compass
List Price
$699,000
Sold Price
$925,000
Premium/Discount to List
$226,000
32.33%
Current Estimated Value
$1,188,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,728
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
Jul 9, 2008
Sold by
239 Prospect Street Ll
Bought by
Mercado Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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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
Zhu Xu $925,000 --
Mercado Jose $475,000 --
Mercado Jose $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Xu $565,000
Closed Zhu Xu $570,000
Closed Zhu Xu $570,000
Closed Zhu Xu $570,000
Previous Owner Mercado Jose $394,390
Previous Owner Mercado Jose $417,000
Previous Owner Mercado Jose $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Rented $4,500 0.0% --
02/28/2025 02/28/25 Under Contract -- -- --
02/21/2025 02/21/25 For Rent $4,500 0.0% --
05/19/2017 05/19/17 Sold $925,000 +32.3% $873 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $699,000 0.0% $660 / Sq Ft
09/09/2013 09/09/13 Rented $2,600 0.0% --
09/09/2013 09/09/13 For Rent $2,600 -- --

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 $6,433 $1,013,000 $0 $1,013,000
2024 $5,705 $963,700 $0 $963,700
2023 $5,498 $938,300 $0 $938,300
2022 $5,352 $904,100 $0 $904,100
2021 $5,123 $875,700 $0 $875,700
2020 $4,821 $838,500 $0 $838,500
2019 $4,634 $780,200 $0 $780,200
2018 $4,477 $711,700 $0 $711,700
2017 $4,222 $650,500 $0 $650,500
2016 $4,031 $576,700 $0 $576,700
2015 $4,009 $512,600 $0 $512,600
2014 $3,898 $465,100 $0 $465,100
Source: Public Records

Agents Affiliated with this Home

  • Matthew Foley

    Seller's Agent in 2025

    Matthew Foley

    Fenway Property Advisors

    (857) 350-2134

    1 in this area

    44 Total Sales

    Matthew Foley
    Section Image
  • tom sheehan

    Buyer's Agent in 2025

    tom sheehan

    Senne

    (617) 803-9924

    2 Total Sales

    tom sheehan
    Section Image
  • Elisabeth Preis

    Seller's Agent in 2017

    Elisabeth Preis

    Compass

    (617) 997-1694

    2 in this area

    119 Total Sales

    Elisabeth Preis
    Section Image
  • Jay Liu

    Seller's Agent in 2013

    Jay Liu

    Jiang Hua Liu

    (617) 642-8668

    1 in this area

    30 Total Sales

    Jay Liu
    Section Image
  • Derek Ebrecht

    Buyer's Agent in 2013

    Derek Ebrecht

    Jordan Property Solutions

    (617) 838-0703

    6 Total Sales

    Derek Ebrecht
    Section Image
See All Agents

Map

Massachusetts Middlesex County Cambridge 02139 Mid-Cambridge

241 Prospect St Unit 2, Cambridge, MA

Homes for Sale in Cambridge, MA

This home is located at 241 Prospect St Unit 2, Cambridge, MA 02139 and is currently estimated at $1,188,728, approximately $1,122 per square foot. 241 Prospect St Unit 2 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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