NOT LISTED FOR SALE

27 Cambridge Terrace Unit 1 Cambridge, MA 02140

Neighborhood Nine Neighborhood

Estimated Value: $883,447 - $930,000

2 Beds
1.5 Baths
1,002 Sq Ft
$200/mo HOA Fee

Last Sold December 20, 2018

Last sale price $750,000 $749 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,450/month

2 Days on Market

Highlights

  • Custom Closet System
  • 5-minute walk to Porter Square Station
  • Corner Lot
  • Property is near public transit
  • Wood Flooring
  • 5-minute walk to Raymond Park

About This Home

As of December 2018

Updated first-floor condo on a quiet tree-lined street located near desirable Porter Square! As you enter this beautifully maintained home you are greeted by historic charm, abundant natural light from the south facing orientation, hardwood floors throughout, and an efficient layout. A generous living room flows seamlessly into the dining room with a built-in hutch. Large kitchen boasts stainless steel appliances, granite counters, granite desk, and a dining area. Two good sized bedrooms and a full and half bath complete the home. Live comfortably with central AC, in-unit laundry, private back porch, and dedicated storage in the basement. In a great location 0.2 miles to the Porter Square Red Line and Commuter Rail station, walkable to Harvard Square, and near shops, restaurants, grocery, amenities, parks, etc. on Massachusetts Ave. Unit received Letter of Full Deleading Compliance on August 1, 2016. Come see this perfect home at the open house!

Last Agent to Sell the Property

Joseph Pollack

Redfin Corp. Listed on: 11/06/2018

Redfin Corp.

Last Buyer's Agent

Curtis Group

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1905

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Insulated Doors
  • Dining Area

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Custom Closet System

Laundry

  • Laundry on main level
  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Cps Elementary And Middle School
  • Cps High School

Utilities

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

Additional Features

  • Energy-Efficient Thermostat
  • Porch

Listing and Financial Details

  • Assessor Parcel Number M:00201 L:0010500001,4826716

Community Details

Overview

  • Association fees include electricity, water, sewer, insurance, reserve funds
  • 3 Units
  • 27 Cambridge Terrace Condominium Trust Community

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Additional Features

  • Shops
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,038

Year Built

Built in 1905

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1905
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Door Features: Insulated Doors, Storm Door(s)
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Oven,Disposal,Microwave,Freezer,Washer,Dryer,Water Treatment,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Washer,Range Hood, Gas Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 144
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 144
  • Master Bathroom Features: No
  • Bathroom 1 Area: 48
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 42
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 156
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Room Kitchen Area: 156
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 154
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 1002
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 698.5
  • PRICE PER Sq Ft: 748.5
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Frame
  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, House of Worship, T-Station, University
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Electricity, Water, Sewer, Insurance, Reserve Funds

Lot Info

  • Parcel Number: M:00201 L:0010500001,4826716
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 236

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2038.5
  • Tax Book Number: 63919

Multi Family

  • Number Of Units Total: 3
  • NO UNITS OWNER OCC: 3

MLS Schools

  • High School: Cps
  • Elementary School: Cps
  • Middle Or Junior School: Cps

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Dec 20, 2018
Sold by
Batcho Eric and Burns Audra
Bought by
Lim Jihyon L and Lim Kee H
Seller's Agent
Joseph Pollack
Redfin Corp.
Buyer's Agent
Curtis Group
Compass
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%
Current Estimated Value
$906,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,362
Avg. Annual Appreciation
2.82%
Original Mortgage
$484,250
Outstanding Balance
$427,486
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$478,876

Purchase Details

Closed on
Jul 15, 2014
Sold by
Kronberg Joseph W and Kronberg Joseph K
Bought by
Burns Audra and Batcho Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Beck James
Bought by
Kronberg Joseph K and Kronberg William M
Source: Public Records

Range of Values:

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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
Lim Jihyon L $745,000 --
Burns Audra $535,000 --
Kronberg Joseph K $440,000 --
Kronberg Joseph K $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Jihyon L $484,250
Previous Owner Burns Audra $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $750,000 +7.2% $749 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
11/06/2018 11/06/18 For Sale $699,900 -- $699 / 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 $5,336 $840,300 $0 $840,300
2024 $4,922 $831,400 $0 $831,400
2023 $4,744 $809,500 $0 $809,500
2022 $4,686 $791,500 $0 $791,500
2021 $4,586 $784,000 $0 $784,000
2020 $4,415 $767,800 $0 $767,800
2019 $4,229 $711,900 $0 $711,900
2018 $2,015 $652,900 $0 $652,900
2017 $3,911 $602,600 $0 $602,600
2016 $3,800 $543,600 $0 $543,600
2015 $3,950 $505,100 $0 $505,100
2014 $3,887 $463,800 $0 $463,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72420670

MLS Property Information Network (MLS PIN)

APN: CAMB-000201-000000-000105-000001