NOT LISTED FOR SALE

262 Monsignor O'Brien Hwy Unit 601 Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $862,000 - $968,914

2 Beds
2 Baths
992 Sq Ft
2018 Built

Last Sold May 14, 2019

Last sale price $930,000 $938 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,380/month

6 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 6th floor home feature high-end finishes including Statuary stone counter tops, professional-grade stainless steel appliances, gas cooking with vented hoods,wood floors and great city views. 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: 03/18/2019

Gibson Sotheby's International Realty

Co-Listed By

Ken Smith

Gibson Sotheby's International Realty

Last Buyer's Agent

Rev Realty Team

CENTURY 21 Revolution

CENTURY 21 Revolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,516

Year Built

  • Built in 2018

Lot Details

  • Year Round Access

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

$5,516

Year Built

Built in 2018

Lot Details

0

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: 966.73
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2018
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 601
  • Unit Level: 6
  • 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: AN1224
  • 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: 602.05
  • Association Fee Includes: Water, Sewer, Master Insurance, 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
Mar 18, 2019
Closed on
Apr 17, 2019
Sold by
Cambridge Capital Group
Bought by
Hedlund Matthew R and Bicen Pelin
Seller's Agent
Ted Pietras
Gibson Sotheby's International Realty
Buyer's Agent
Rev Realty Team
CENTURY 21 Revolution
List Price
$959,000
Sold Price
$930,000
Premium/Discount to List
-$29,000
-3.02%
Current Estimated Value
$938,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,229
Avg. Annual Appreciation
0.13%
Original Mortgage
$790,500
Outstanding Balance
$690,705
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,524
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
Hedlund Matthew R $930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedlund Matthew R $790,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $930,000 -3.0% $938 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
03/18/2019 03/18/19 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 $5,516 $868,700 $0 $868,700
2024 $5,081 $858,200 $0 $858,200
2023 $4,874 $831,800 $0 $831,800
2022 $4,847 $818,800 $0 $818,800
2021 $4,779 $817,000 $0 $817,000
2020 $4,510 $784,400 $0 $784,400
Source: Public Records

Agents Affiliated with this Home

  • Ted Pietras

    Seller's Agent in 2019

    Ted Pietras

    Gibson Sothebys International Realty

    (617) 549-2078

    28 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

  • R

    Buyer's Agent in 2019

    Rev Realty Team

    CENTURY 21 Revolution

    (617) 982-7175

    54 Total Sales

    Rev Realty Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72466783

MLS Property Information Network (MLS PIN)

APN: CAMB-22 128 601

Massachusetts Middlesex County Cambridge 02141 East Cambridge

262 Monsignor O'Brien Hwy Unit 601, Cambridge, MA

Not Listed for Sale

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