NOT LISTED FOR SALE

Point 262 262 Monsignor Obrien Hwy Unit 301 Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $937,000 - $1,101,000

2 Beds
2 Baths
968 Sq Ft
2017 Built

Last Sold November 20, 2018

Last sale price $880,000 $909 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,651/month

188 Days on Market

About This Home

As of November 2018

Point 262 is the ideal place for individuals who are looking to purchase a home and invest in one of the strongest housing markets in the country. Soaring to 7 stories, this steel framed building will comprise 55 residential units; with a total of twenty 1-bedroom and thirty-five 2-bedroom homes. All homes feature high-end finishes including Statuary stone waterfall islands, professional-grade stainless steel appliances, gas cooking with vented hoods, hardwood floors, bathrooms with radiant heat flooring, a beautifully landscaped common roofdeck plus green terraces and much more. Many homes include private balconies and terraces. Dedicated bike storage, 1 garage parking space, a fitness room and part-time concierge round out the amenities. Additional storage space available for purchase.

Last Agent to Sell the Property

Ken Smith

Gibson Sotheby's International Realty Listed on: 07/11/2017

Gibson Sotheby's International Realty

Co-Listed By

Ted Pietras

Gibson Sotheby's International Realty

Last Buyer's Agent

SK Group

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,349

Year Built

  • Built in 2017

Parking

  • 1 Car Garage

Utilities

  • Forced Air Heating and Cooling System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,349

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 928.72
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2017
  • Lead Paint: Unknown
  • Unit Building: 301
  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 4
  • No Living Levels: 1
  • Main Lo: BB5918
  • Main So: BB5474
  • Estimated Sq Ft: 968.00

Garage/Parking

  • Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Central Heat, Forced Air

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 571.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Refuse Removal
  • Condo Association: Yes

Lot Info

  • Assessments: 899999.00
  • Page: 9999
  • Zoning: 9999999

Tax Info

  • Taxes: 999999.00
  • Assessor Parcel Number: 400233
  • Tax Year: 9999

Multi Family

  • No Units: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Joo Jake and Cheong Janet
Bought by
Xu Yang
Current Estimated Value
$992,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,000
Outstanding Balance
$579,998
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$412,454

Purchase Details

Listed on
Jul 11, 2017
Closed on
Nov 20, 2018
Sold by
Cambridge Capital Grou
Bought by
Joo Jake and Cheong Janet
Seller's Agent
Ken Smith
Gibson Sotheby's International Realty
Buyer's Agent
SK Group
Keller Williams Realty Boston Northwest
List Price
$839,000
Sold Price
$880,000
Premium/Discount to List
$41,000
4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$220,000
Interest Rate
4.7%
Mortgage Type
New Conventional
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
Xu Yang $855,000 None Available
Joo Jake $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Yang $641,000
Previous Owner Joo Jake $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $880,000 -2.1% $909 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
09/13/2017 09/13/17 Price Changed $899,000 +7.2% $929 / Sq Ft
07/11/2017 07/11/17 For Sale $839,000 -- $867 / 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 $5,349 $842,400 $0 $842,400
2024 $4,923 $831,600 $0 $831,600
2023 $4,723 $806,000 $0 $806,000
2022 $4,696 $793,200 $0 $793,200
2021 $4,627 $791,000 $0 $791,000
2020 $4,366 $759,300 $0 $759,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Ken Smith

    Gibson Sothebys International Realty

    17 Total Sales

    Ken Smith
    Section Image
  • Ted Pietras

    Seller Co-Listing Agent in 2018

    Ted Pietras

    Gibson Sothebys International Realty

    (617) 549-2078

    28 Total Sales

    Ted Pietras
    Section Image

  • S

    Buyer's Agent in 2018

    SK Group

    Keller Williams Realty Boston Northwest

See All Agents

About Point 262

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72196308

MLS Property Information Network (MLS PIN)

APN: CAMB-22 128 301

Massachusetts Middlesex County Cambridge 02141 East Cambridge

262 Monsignor Obrien Hwy Unit 301, Cambridge, MA

Not Listed for Sale

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