NOT LISTED FOR SALE

Estimated Value: $2,737,668 - $3,486,000

11 Beds
6 Baths
3,927 Sq Ft
$797/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $2,750,000 $700 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $17,901/month

6 Days on Market

Highlights

  • Medical Services
  • 2 Fireplaces
  • Shops
  • Property is near public transit
  • Jogging Path
  • 4-minute walk to Joan Lorentz Park

About This Home

As of May 2022

Cambridge Historic Commission Preservation Award winning renovated 3-unit building in this most desirable Harvard Square location. Proximity to Harvard, shops, restaurants, public transportation and the Charles River make this a highly sought after area for rentals. Each floor contains one unit with high ceilings, detailed moldings, renovated eat in kitchen, in unit laundry, large windows and 2 baths. Unit #1 has 3 bedrooms, a fireplaced living room and back porch. Units #2 and #3 each have 4 bedrooms and front and back porches. Additionally Unit #2 has a fireplace in the living room. Individual gas fired boilers (2017) and hot water heaters service each unit. Electricity is individually metered. Most kitchen appliances have been replaced in the last 4 years along with a new roof 2 years ago. This building could work for an end user, investor or developer.

Last Agent to Sell the Property

Pamela Gilman

Advisors Living - Newton Listed on: 04/08/2022

Advisors Living - Newton

Last Buyer's Agent

Currier, Lane & Young

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,848

Year Built

  • Built in 1903

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,927 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dishwasher
  • Washer

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $11,600
  • Rent includes unit 1(none), unit 2(none), unit 3(none)
  • Assessor Parcel Number M:00134 L:00047,408701

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $20,899
  • Net Operating Income $118,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,848

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1903
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Storage,Bathroom with Shower Stall,Bathroom With Tub), Unit 2(Storage,Bathroom with Shower Stall,Bathroom With Tub), Unit 3(Bathroom with Shower Stall,Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace Features: Unit 2(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Concrete, Unfinished
  • Living Area: 3927
  • Stories Total: 6
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 700.28
  • PRICE PER Sq Ft: 700.28
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, T-Station, University
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None)

Lot Info

  • Parcel Number: M:00134 L:00047,408701
  • Zoning: C1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • LOT SIZE: 2234
  • PAGE: 120

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11848
  • Tax Book Number: 27971

Multi Family

  • Gross Income: 138000
  • Net Operating Income: 118301
  • Number Of Units Total: 3
  • Operating Expense: 20899
  • Total Actual Rent: 11600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2016
Sold by
Reckhow Steven W and Wheeler Sylvia J
Bought by
Reckhow Ret
Current Estimated Value
$3,127,917

Purchase Details

Closed on
Dec 12, 1997
Sold by
Alexander Gary W and Irons Trisha L
Bought by
Reckhow Steven W and Wheeler Sylvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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
Reckhow Ret -- --
Reckhow Steven W $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reckhow Steven W $619,000
Previous Owner Reckhow Steven W $376,000
Previous Owner Reckhow Steven W $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $2,750,000 0.0% $700 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $2,750,000 -- $700 / 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 $15,027 $2,366,500 $904,500 $1,462,000
2024 $14,104 $2,382,400 $974,500 $1,407,900
2023 $13,250 $2,261,100 $992,900 $1,268,200
2022 $12,645 $2,136,000 $990,500 $1,145,500
2021 $11,848 $2,025,300 $923,200 $1,102,100
2020 $11,460 $1,993,000 $904,900 $1,088,100
2019 $10,801 $1,818,400 $794,800 $1,023,600
2018 $10,282 $1,634,600 $718,400 $916,200
2017 $10,202 $1,571,900 $703,100 $868,800
2016 $9,715 $1,389,900 $590,000 $799,900
2015 $9,420 $1,204,600 $510,500 $694,100
2014 $8,145 $972,000 $440,200 $531,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72964506

MLS Property Information Network (MLS PIN)

APN: CAMB-000134-000000-000047