NOT LISTED FOR SALE

25 Madison Ave Cambridge, MA 02140

North Cambridge Neighborhood

Estimated Value: $2,334,000 - $3,598,275

7 Beds
7 Baths
4,311 Sq Ft
$668/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $2,365,000 $549 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $16,378/month

61 Days on Market

Highlights

  • Deck
  • Porch
  • 2-minute walk to Alewife Linear Park
  • Balcony

About This Home

As of October 2019

25 Madison Ave is a three-storied, completely renovated condo quality three family situated ½ mile from Alewife Station and less than 1 mile from Davis Square. The Property, currently 100% leased, was recently gut-renovated in 2018 with high-end finishes and features off-street parking, central air, in-unit laundry, separately metered utilities, open floor plans, storage in the basement, and both front and rear-facing decks. Currently set-up as a 3BR+/3BA duplex on the 1st floor and garden level, a 2BR+/2BA on the 2nd floor, and a 2BR+/2BA on the 3rd floor, the size and layouts of the units allow for the potential to increase rental income. The property's location provides quick access to Downtown Boston, Route 2, Route 16 and convenient, walk-able access to public transportation. Great for Investor or Owner Occupier. Unit 1 & 2 Leases Expire 8/31/19. Unit 3 Expires 6/30/20.

Last Agent to Sell the Property

John Pentore

Horvath & Tremblay Listed on: 05/15/2019

Co-Listed By

Dennis Kelleher

Horvath & Tremblay

Last Buyer's Agent

Maggie Currier

Compass

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,920

Outdoor Features

  • Balcony
  • Deck
  • Porch

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 550.92
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1925

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 7
  • Total Fbh: 7
  • No Rooms: 17
  • Basement: Y
  • Basement Features: Full, Finished
  • Main Lo: AN2723
  • Main So: AN2383
  • Estimated Sq Ft: 4311.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck - Wood, Balcony

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Highway Access, Private School, T-Station

Lot Info

  • Assessments: 1736500.00
  • Acre: 0.09
  • Lot Size: 4000.00
  • Page: 138
  • Zoning: B

Multi Family

  • APOD Available: Yes
  • Total Levels: 4
  • Total Rent: 10900
  • Total Rms: 17
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 10606.00
  • Assessor Parcel Number: 413155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2004
Sold by
Flynn E Thomas and Flynn Irene E
Bought by
Flynn E Thomas
Current Estimated Value
$2,878,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$199,653
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,678,416
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
Flynn E Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn E Thomas $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $2,365,000 -0.4% $549 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/07/2019 06/07/19 Price Changed $2,375,000 -0.8% $551 / Sq Ft
05/15/2019 05/15/19 For Sale $2,395,000 -- $556 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $18,804 $2,961,300 $489,200 $2,472,100
2024 $17,115 $2,891,000 $509,600 $2,381,400
2023 $15,617 $2,665,100 $519,800 $2,145,300
2022 $14,494 $2,448,300 $509,600 $1,938,700
2021 $13,687 $2,339,600 $511,300 $1,828,300
2020 $13,335 $2,319,100 $522,300 $1,796,800
2019 $10,315 $1,736,500 $466,200 $1,270,300
2018 $7,648 $1,183,400 $392,600 $790,800
2017 $6,495 $1,000,800 $368,100 $632,700
2016 $5,561 $795,500 $319,000 $476,500
2015 $5,450 $696,900 $280,400 $416,500
2014 $5,266 $628,400 $245,400 $383,000
Source: Public Records

Agents Affiliated with this Home

  • John Pentore

    Seller's Agent in 2019

    John Pentore

    Horvath & Tremblay

    (781) 484-8166

    45 Total Sales

    John Pentore
    Section Image
  • Dennis Kelleher

    Seller Co-Listing Agent in 2019

    Dennis Kelleher

    Horvath & Tremblay

    (781) 776-4002

    62 Total Sales

    Dennis Kelleher
    Section Image
  • Maggie Currier

    Buyer's Agent in 2019

    Maggie Currier

    Compass

    (617) 593-3120

    4 in this area

    58 Total Sales

    Maggie Currier
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72500942

MLS Property Information Network (MLS PIN)

APN: CAMB-000188-000000-000062

Massachusetts Middlesex County Cambridge 02140 North Cambridge

25 Madison Ave, Cambridge, MA

Not Listed for Sale

MultiFamily

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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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