NOT LISTED FOR SALE

254 Broadway Cambridge, MA 02139

The Port Neighborhood

Estimated Value: $2,258,806

8 Beds
4 Baths
3,677 Sq Ft
$614/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $1,275,000 $347 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $11,870/month

168 Days on Market

About This Home

As of May 2015

Attention investors, developers and end users. Rare large 2 family side by side property near Kendall Square and MIT. This lovely spacious property is ready for its next stage in life. Bring your contractor and your vision. Both sides have private entrances and 2-car tandem parking for each unit. First floor layout on each side includes living room, dining room and kitchen. There are 2 bedrooms on the 2nd level of each unit and 2 top- floor bedrooms in each unit. The left side is leased thru Aug 31st at $2900. The right side (Boardman side) is rented to 2 individuals thru mid May TAW and may be delivered vacant. There are 3 original marble mantles and wonderful interior and exterior charm. This is a very rare opportunity. This is an "as is" sale. Please complete all due diligence prior to offer.

Last Agent to Sell the Property

Patti Brainard

Compass Listed on: 11/12/2014

Compass

Last Buyer's Agent

Kim Walker Chin

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

Multi-Family

Year Built

1846

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6
  • Year Built: 1846

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Gutters, Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jun 1, 2015
Sold by
Whittemore Gilbert F
Bought by
Gl Cambridge Propertie
Seller's Agent
Patti Brainard
Compass
Buyer's Agent
Kim Walker Chin
Coldwell Banker Realty - Cambridge
List Price
$1,399,000
Sold Price
$1,275,000
Premium/Discount to List
-$124,000
-8.86%
Current Estimated Value
$2,258,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$983,806
Avg. Annual Appreciation
5.55%
Original Mortgage
$1,164,750
Outstanding Balance
$893,702
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,365,104

Purchase Details

Closed on
Apr 15, 1994
Sold by
Mock Patrick C and Feldmeier David C
Bought by
Whittemore Gilbert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,005
Interest Rate
7.45%
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
Gl Cambridge Propertie $1,275,000 --
Whittemore Gilbert F $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gl Cambridge Propertie $1,164,750
Previous Owner Whittemore Gilbert F $227,005
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $1,275,000 -8.9% $347 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $1,399,000 -- $380 / 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 -- $0 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patti Brainard

    Seller's Agent in 2015

    Patti Brainard

    Compass

    (781) 789-5767

    3 in this area

    144 Total Sales

    Patti Brainard
    Section Image
  • Kim Walker Chin

    Buyer's Agent in 2015

    Kim Walker Chin

    Coldwell Banker Realty - Cambridge

    (617) 864-4430

    2 in this area

    89 Total Sales

    Kim Walker Chin
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71768080

MLS Property Information Network (MLS PIN)

APN: CAMB M:00076 L:00041

Massachusetts Middlesex County Cambridge 02139 The Port

254 Broadway, Cambridge, MA

Not Listed for Sale

MultiFamily

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