NOT LISTED FOR SALE

Estimated Value: $1,183,000 - $1,524,355

2 Beds
3 Baths
2,022 Sq Ft
$667/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $849,000 $420 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,200/month

53 Days on Market

About This Home

As of September 2014

Very special two-unit home converted from a single family on the Cambridge/Somerville line, just behind the Academy of Arts & Sciences and Harvard Divinity School. Meticulously restored, this home has seen many vital improvements since the current owners purchased it. A one-of-a-kind owners unit on the upper two levels has a master suite, spacious living/dining area, new central air conditioning, and a huge rear deck overlooking a pretty yard. A granite kitchen has a new stove, wall oven, & dishwasher, a half bath, and direct access to the deck for entertaining. The well-maintained first floor one bedroom unit has its own laundry (newly installed), new kitchen appliances, and currently produces a fantastic rental income stream. Separate systems. New furnace was installed for owners unit in 2013. Paved driveway fits two cars. Easily converted back to a single family home. Close proximity to Harvard, Porter, Inman, and Union Squares and the best that both Cambridge and Somerville offer.

Last Agent to Sell the Property

Less Arnold

Compass Listed on: 06/12/2014

Compass

Last Buyer's Agent

Less Arnold

Compass Listed on: 06/12/2014

Compass

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Highway Access, Private School, Public School, T-Station, University
  • Flooring: Wood, Tile
  • Basement: Full

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch, Fenced Yard, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Paved Driveway
  • Parking Spaces: 2

Lot Info

  • Assessor Parcel Number: 45-D-23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Sep 3, 2014
Sold by
Maggiore Judith L and Manchester John
Bought by
26 Ivaloo T
Seller's Agent
Less Arnold
Compass
Buyer's Agent
Less Arnold
Compass
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$1,349,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,089
Avg. Annual Appreciation
4.14%
Original Mortgage
$679,200
Outstanding Balance
$519,588
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$829,501

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 20, 2012
Sold by
Muscella Deborah
Bought by
Maggiore Judith L and Manchester John
Seller's Agent
Sara Rosenfeld
Coldwell Banker Realty - Cambridge
Buyer's Agent
Less Arnold
Compass
List Price
$699,900
Sold Price
$691,000
Premium/Discount to List
-$8,900
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$691,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 1992
Sold by
Ferrari T
Bought by
Betak John F and Muscella Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.77%
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
26 Ivaloo T $849,000 --
Maggiore Judith L $691,000 --
Betak John F $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 26 Ivaloo T $679,200
Previous Owner Maggiore Judith L $691,000
Previous Owner Betak John F $205,000
Previous Owner Betak John F $180,000
Previous Owner Betak John F $148,000
Previous Owner Betak John F $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2014 09/03/14 Sold $849,000 0.0% $420 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $849,000 +22.9% $420 / Sq Ft
12/19/2012 12/19/12 Sold $691,000 -1.3% $342 / Sq Ft View Prior Sale
11/19/2012 11/19/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $699,900 -- $346 / 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 $14,339 $1,314,300 $879,600 $434,700
2024 $13,568 $1,289,700 $879,600 $410,100
2023 $13,489 $1,304,500 $879,600 $424,900
2022 $12,626 $1,240,300 $837,700 $402,600
2021 $11,930 $1,170,800 $797,800 $373,000
2020 $10,782 $1,068,600 $716,000 $352,600
2019 $10,504 $976,200 $651,400 $324,800
2018 $9,969 $881,400 $592,200 $289,200
2017 $9,363 $802,300 $536,400 $265,900
2016 $9,816 $783,400 $527,200 $256,200
2015 $9,261 $734,400 $486,300 $248,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71697910

MLS Property Information Network (MLS PIN)

APN: SOME-000045-D000000-000023