NOT LISTED FOR SALE

262 Monsignor O'Brien Hwy Unit 307 Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $560,139 - $757,000

1 Bed
1 Bath
528 Sq Ft
2018 Built

Last Sold September 23, 2020

Last sale price $592,500 $1,122 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,638/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Gold Star Mothers Park

About This Home

As of September 2020

INCREDIBLY RARE condo in Cambridge located minutes away from the updated Greenline T stop. Built in 2018, this condo features 124 sqft private balcony, in-unit washer+dryer, highend stainless-steel appliance, heat bathroom floor, central AC, dimmable ceiling lights with great ceiling height. 1 garage parking included. Other amenities include concierge, rooftop garden, 24hour gym, and bike storage. Within a few minutes walk, you can get toTwin City Plaza, CambridgeSide Mall, and various coffee and restaurants. Currently, there is additional 10 month lease, with 2800 per month rent payment. Very responsible, high-earning tenant. You can take over this great investment opportunity, or move-in yourself after the lease. Don’t miss this rare opportunity to own this unit in this million dollar condo building!

Last Agent to Sell the Property

Dan Wu

Dan Wu Broker Services Listed on: 08/06/2020

Last Buyer's Agent

Jack Yang

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 2018

Parking

  • 1 Car Garage

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

  • Wood Flooring
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 22-128-307

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,167

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 1134.47
  • Comp Based On: Net Sale Price
  • Year Built: 2018
  • Unit Building: 307
  • Unit Level: 3
  • Unit Placement: Upper
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2018

Interior Features

  • Flooring: Wood
  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Closet - Walk-in
  • Full Bathrooms: 1
  • No Rooms: 1
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Living Room: On Level: First Floor, Flooring - Wood, Balcony - Exterior, Open Floor Plan
  • No Living Levels: 1
  • Main Lo: AN0748
  • Main So: AN6181
  • Estimated Sq Ft: 528.00

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air
  • Heat Zones: 1

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Public School, University
  • HOA Fees: 353.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Extra Storage, Refuse Removal, Air Conditioning
  • Condo Association: Yes
  • Association Security: Concierge
  • Management: Professional - On Site

Association/Amenities

  • Condominium Name: Point 262

Lot Info

  • Assessments: 503400.00
  • Page: 55
  • Parcel Number: 22-128-307

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 2894.55
  • Assessor Parcel Number: 5094559

Multi Family

  • No Units: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 21, 2020
Sold by
Xi Zhan H
Bought by
Kou Eric Y and Ju-Hsueh Katlin Y
Seller's Agent
Dan Wu
Dan Wu Broker Services
Buyer's Agent
Jack Yang
Coldwell Banker Realty - Cambridge
List Price
$599,000
Sold Price
$592,500
Premium/Discount to List
-$6,500
-1.09%
Current Estimated Value
$643,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,785
Avg. Annual Appreciation
1.60%
Original Mortgage
$444,375
Outstanding Balance
$394,353
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,932

Purchase Details

Closed on
Jun 1, 2020
Sold by
Wang Rui
Bought by
Xi Zhan H

Purchase Details

Closed on
Nov 15, 2018
Sold by
Cambridge Capital Grou
Bought by
Xi Zhan H and Wang Rui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,400
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kou Eric Y $592,500 None Available
Xi Zhan H -- None Available
Xi Zhan H $499,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kou Eric Y $444,375
Previous Owner Xi Zhan H $299,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $592,500 -1.1% $1,122 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $599,000 -- $1,134 / 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 $3,167 $498,700 $0 $498,700
2024 $3,148 $531,800 $0 $531,800
2023 $3,024 $516,000 $0 $516,000
2022 $3,028 $511,500 $0 $511,500
2021 $2,957 $505,500 $0 $505,500
2020 $2,895 $503,400 $0 $503,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dan Wu

    Dan Wu Broker Services

    Section Image
  • Jack Yang

    Buyer's Agent in 2020

    Jack Yang

    Coldwell Banker Realty - Cambridge

    (617) 642-8233

    53 Total Sales

    Jack Yang
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72705372

MLS Property Information Network (MLS PIN)

APN: CAMB-22 128 307

Massachusetts Middlesex County Cambridge 02141 East Cambridge

262 Monsignor O'Brien Hwy Unit 307, Cambridge, MA

Not Listed for Sale

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