NOT LISTED FOR SALE

2561 Massachusetts Ave Unit 3 Cambridge, MA 02140

North Cambridge Neighborhood

Estimated Value: $762,000 - $872,729

2 Beds
1 Bath
1,303 Sq Ft
1904 Built

Last Sold April 30, 2015

Last sale price $530,000 $407 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,849/month

16 Days on Market

About This Home

As of April 2015

Don't miss this classic, impeccable sun-filled, top-floor 2 bedroom, 1 bath unit in a great North Cambridge location! Features include; Huge freshly renovated kitchen with loads of storage in custom cabinets and gas cooking! Beautifully renovated bathroom with lovely tile floor, natural wainscoting and more! Gleaming hardwood floors, just call the movers and your home! Bonus! Separate office, Two assigned parking spaces. Laundry in basement. Great location within walking distance of Alewife station shops, restaurants, etc. Short drive to Route 2.

Last Agent to Sell the Property

Mark Lesses

Coldwell Banker Realty - Lexington Listed on: 02/19/2015

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Mark Lesses

Coldwell Banker Realty - Lexington Listed on: 02/19/2015

Coldwell Banker Realty - Lexington

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,472

Year Built

1904

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1904

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Hardwood
  • Bedroom 2: First Floor, 12X13
  • Kitchen: First Floor, 12X12
  • Living Room: First Floor, 12X14
  • Master Bedroom: First Floor, 11X13
  • Master Bedroom Description: Flooring - Hardwood

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Condominium Name: 2561 Mass Ave Condo
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Management: Owner Association
  • No Units: 3
  • Unit Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2017
Sold by
Kuhl Laura N and Lakin Benjamin A
Bought by
Stephens Jennie C
Current Estimated Value
$840,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Outstanding Balance
$384,376
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$456,556

Purchase Details

Listed on
Feb 19, 2015
Closed on
Apr 30, 2015
Sold by
Marken Melanie I
Bought by
Lakin Benjamin A and Kuhl Laura N
Seller's Agent
Mark Lesses
Coldwell Banker Realty - Lexington
Buyer's Agent
Mark Lesses
Coldwell Banker Realty - Lexington
List Price
$465,000
Sold Price
$530,000
Premium/Discount to List
$65,000
13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$524,700
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2000
Sold by
Hunt Peter K
Bought by
Marken Melanie I

Purchase Details

Closed on
Jul 12, 1996
Sold by
Moldauer Wendy S
Bought by
Hunt Peter K
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
Stephens Jennie C $595,000 --
Lakin Benjamin A $530,000 --
Marken Melanie I $234,000 --
Hunt Peter K $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Jennie C $476,000
Previous Owner Lakin Benjamin A $524,700
Previous Owner Hunt Peter K $152,000
Previous Owner Hunt Peter K $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $530,000 0.0% $407 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
02/24/2015 02/24/15 Off Market $530,000 -- --
02/19/2015 02/19/15 For Sale $465,000 -- $357 / 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 $4,472 $704,300 $0 $704,300
2024 $4,184 $706,800 $0 $706,800
2023 $3,950 $674,000 $0 $674,000
2022 $3,938 $665,200 $0 $665,200
2021 $3,799 $649,400 $0 $649,400
2020 $3,608 $627,400 $0 $627,400
2019 $3,473 $584,600 $0 $584,600
2018 $3,393 $539,500 $0 $539,500
2017 $3,329 $513,000 $0 $513,000
2016 $3,295 $471,400 $0 $471,400
2015 $3,266 $417,700 $0 $417,700
2014 -- $386,500 $0 $386,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71793664

MLS Property Information Network (MLS PIN)

APN: CAMB-000186-000000-000015-000003