NOT LISTED FOR SALE

Point 262 262 Monsignor Obrien Hwy Unit 505 Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $1,088,111 - $1,340,000

2 Beds
2 Baths
1,115 Sq Ft
2017 Built

Last Sold December 12, 2018

Last sale price $1,019,000 $914 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,672/month

21 Days on Market

About This Home

As of December 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: 05/31/2017

Gibson Sotheby's International Realty

Co-Listed By

Ted Pietras

Gibson Sotheby's International Realty

Last Buyer's Agent

Shahani Real Estate Team

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 2017

Parking

  • 1 Car Garage

Utilities

  • Forced Air Heating and Cooling System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,085

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: 985.65
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2017
  • Lead Paint: Unknown
  • Unit Building: 505
  • Unit Level: 5
  • Special Features: NewHome
  • 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: K95001
  • Estimated Sq Ft: 1115.00

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: 670.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Extra Storage, Refuse Removal
  • Condo Association: Yes

Lot Info

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

Tax Info

  • Taxes: 999999.00
  • Assessor Parcel Number: 400233

Multi Family

  • No Units: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Dec 5, 2018
Sold by
Cambridge Capital Group
Bought by
Indus Cambridge Llc
Seller's Agent
Ken Smith
Gibson Sotheby's International Realty
Buyer's Agent
Shahani Real Estate Team
Compass
List Price
$505
Sold Price
$1,019,000
Premium/Discount to List
$1,018,495
201682.18%
Current Estimated Value
$1,162,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,778
Avg. Annual Appreciation
0.84%
Original Mortgage
$713,300
Outstanding Balance
$634,503
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$444,399
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
Indus Cambridge Llc $1,019,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indus Cambridge Llc $713,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $1,019,000 -7.3% $914 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/14/2017 06/14/17 Price Changed $1,099,000 +217523.8% $986 / Sq Ft
05/31/2017 05/31/17 For Sale $505 -- $0 / 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 $6,085 $958,300 $0 $958,300
2024 $5,535 $934,900 $0 $934,900
2023 $5,309 $906,000 $0 $906,000
2022 $5,279 $891,800 $0 $891,800
2021 $5,212 $891,000 $0 $891,000
2020 $4,878 $848,400 $0 $848,400
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

    29 Total Sales

    Ted Pietras
    Section Image
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About Point 262

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72173324

MLS Property Information Network (MLS PIN)

APN: CAMB-22 128 505

Massachusetts Middlesex County Cambridge 02141 East Cambridge

262 Monsignor Obrien Hwy Unit 505, Cambridge, MA

This home is located at 262 Monsignor Obrien Hwy Unit 505, Cambridge, MA 02141 since 31 May 2017 and is currently estimated at $1,162,778, approximately $1,042 per square foot. This property was built in 2017. 262 Monsignor Obrien Hwy Unit 505 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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