NOT LISTED FOR SALE

Point 262 262 Monsignor Obrien Hwy Unit 401 Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $935,000 - $1,318,000

2 Beds
2 Baths
992 Sq Ft
$547/mo HOA Fee

Last Sold May 01, 2019

Last sale price $875,000 $882 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,562/month

150 Days on Market

About This Home

As of May 2019

This 2 bedroom, 2 bathroom home has an ensuite master bath with heated floor. Private deck is off the living room and it has a U shaped kitchen. 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 comprises 55 residential units. This home feature high-end finishes including Statuary stone counter tops, professional-grade stainless steel appliances, gas cooking with vented hoods, hardwood floors. The bldg features beautifully landscaped common roof, 2 common roof decks deck plus green terraces and much more like a Dedicated bike storage room, 1 garage assigned parking space, a fitness room and part-time concierge round out the amenities. Lechmere T station only a 4 minute walk.

Last Agent to Sell the Property

Ted Pietras

Gibson Sotheby's International Realty Listed on: 10/19/2018

Gibson Sotheby's International Realty

Co-Listed By

Ken Smith

Gibson Sotheby's International Realty

Last Buyer's Agent

Claire Kotzampaltiris

Maloney Properties, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,265

Year Built

  • Built in 2018

HOA Fees

  • $547 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,265

Year Built

Built in 2018

Lot Details

0

HOA Fees

$547 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 906.25
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2018
  • Lead Paint: Unknown
  • Unit Building: 401
  • Unit Level: 4
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2018

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 4
  • No Living Levels: 1
  • Main Lo: BB5918
  • Main So: BB3875
  • Estimated Sq Ft: 992.00

Exterior Features

  • Construction: Stone/Concrete
  • Roof Material: Rubber
  • Exterior Unit Features: Deck

Garage/Parking

  • Garage Parking: Assigned
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station
  • HOA Fees: 547.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Exercise Room, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Lot Info

  • Page: 000
  • Zoning: 000

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Assessor Parcel Number: 400233

Multi Family

  • No Units: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Apr 17, 2019
Sold by
Cambridge Capital Group
Bought by
Lu Jiannan
Seller's Agent
Ted Pietras
Gibson Sotheby's International Realty
Buyer's Agent
Claire Kotzampaltiris
Maloney Properties, Inc.
List Price
$959,000
Sold Price
$875,000
Premium/Discount to List
-$84,000
-8.76%
Current Estimated Value
$1,051,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,758
Avg. Annual Appreciation
2.23%
Original Mortgage
$700,000
Outstanding Balance
$620,474
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,848
Source: Public Records

Range of Values:

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Average Value
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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
Lu Jiannan $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Jiannan $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $875,000 -2.7% $882 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/02/2019 03/02/19 Price Changed $899,000 -6.3% $906 / Sq Ft
10/19/2018 10/19/18 For Sale $959,000 -- $967 / 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 $5,265 $829,100 $0 $829,100
2024 $4,851 $819,400 $0 $819,400
2023 $4,654 $794,200 $0 $794,200
2022 $4,627 $781,600 $0 $781,600
2021 $4,561 $779,600 $0 $779,600
2020 $4,302 $748,200 $0 $748,200
Source: Public Records

Agents Affiliated with this Home

  • Ted Pietras

    Seller's Agent in 2019

    Ted Pietras

    Gibson Sothebys International Realty

    (617) 549-2078

    29 Total Sales

    Ted Pietras
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Ken Smith

    Gibson Sothebys International Realty

    17 Total Sales

    Ken Smith
    Section Image
  • Claire Kotzampaltiris

    Buyer's Agent in 2019

    Claire Kotzampaltiris

    Maloney Properties, Inc.

    (781) 974-2463

    5 in this area

    70 Total Sales

    Claire Kotzampaltiris
    Section Image
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About Point 262

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72413253

MLS Property Information Network (MLS PIN)

APN: CAMB-22 128 401

Massachusetts Middlesex County Cambridge 02141 East Cambridge

262 Monsignor Obrien Hwy Unit 401, Cambridge, MA

This home is located at 262 Monsignor Obrien Hwy Unit 401, Cambridge, MA 02141 since 19 October 2018 and is currently estimated at $1,051,758, approximately $1,060 per square foot. This property was built in 2018. 262 Monsignor Obrien Hwy Unit 401 is a home located in Middlesex County with nearby schools including Community Charter School of Cambridge.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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