NOT LISTED FOR SALE

27 Wheeler St Unit 124 Cambridge, MA 02138

Estimated Value: $591,859 - $747,000

1 Bed
1 Bath
615 Sq Ft
$255/mo HOA Fee

Last Sold April 29, 2019

Last sale price $535,000 $870 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,058/month

8 Days on Market

About This Home

As of April 2019

Located in the well-established Reservoir Lofts, this 1-bedroom home leaves little to be desired! With a corner placement that provides privacy and excellent light through double glass doors and oversize windows, the 615 square feet feels spacious and offers a great sense of space. The private patio is perfect for summer entertaining and enjoying the fresh air. The home keeps true to the loft nature with tall ceilings. Convenience is hard to be beat at the Reservoir lofts with garage parking and with the Fresh Pond shopping center directly across the street, you'll have everything you need at a moments notice. On the other side of the street is Fresh Pond, which offers excellent paths to bike or jog and enjoy the outdoors. Public transportation is located just a minute from the property and offers access to Harvard Square in 10 minutes. A quick drive to Storrow or Memorial Drive or the Pike makes commuting in/around the city a breeze! Central air, full size washer and dryer.

Last Agent to Sell the Property

Sobel Group

Compass Listed on: 03/13/2019

Compass

Last Buyer's Agent

Samita Mandelia

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,443

Year Built

  • Built in 2008

HOA Fees

  • $255 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood Flooring

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,443

Year Built

Built in 2008

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 804.88
  • Comp Based On: Net Sale Price
  • Year Built: 2008
  • Lead Paint: Unknown
  • Unit Building: 124
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2008

Interior Features

  • Flooring: Wood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Flooring - Stone/Ceramic Tile
  • No Rooms: 3
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Countertops - Stone/Granite/Solid
  • Laundry: On Level: First Floor, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: First Floor, Flooring - Hardwood
  • No Living Levels: 1
  • Main Lo: AN2383
  • Main So: K95001
  • Estimated Sq Ft: 615.00

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 255.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: Reservoir Lofts

Lot Info

  • Assessments: 431600.00
  • Page: 466
  • Zoning: R

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 2714.76
  • Assessor Parcel Number: 4756533

Multi Family

  • No Units: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2022
Sold by
Mallepeddi Hemant and Kommareddy Sushma
Bought by
Hemant Mallepeddi Ret
Current Estimated Value
$645,215

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 16, 2019
Sold by
Klitenik Konstantin
Bought by
Kommareddy Sushma and Mallepeddi Hemant
Seller's Agent
Sobel Group
Compass
Buyer's Agent
Samita Mandelia
Coldwell Banker Realty - Lexington
List Price
$495,000
Sold Price
$535,000
Premium/Discount to List
$40,000
8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$401,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2009
Sold by
World 114 Nt and Coppola Mark D
Bought by
Klitenik Konstantin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
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
Hemant Mallepeddi Ret -- None Available
Kommareddy Sushma $535,000 --
Klitenik Konstantin $310,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kommareddy Sushma $395,000
Previous Owner Kommareddy Sushma $401,250
Previous Owner Klitenik Konstantin $50,000
Previous Owner Klitenik Konstantin $223,500
Previous Owner Klitenik Konstantin $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $535,000 +8.1% $870 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $495,000 -- $805 / 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 $3,443 $542,200 $0 $542,200
2024 $3,054 $515,900 $0 $515,900
2023 $3,114 $531,400 $0 $531,400
2022 $3,106 $524,600 $0 $524,600
2021 $2,966 $507,000 $0 $507,000
2020 $2,919 $507,700 $0 $507,700
2019 $2,808 $472,800 $0 $472,800
2018 $2,715 $431,600 $0 $431,600
2017 $2,507 $386,300 $0 $386,300
2016 $2,370 $339,000 $0 $339,000
2015 $2,353 $300,900 $0 $300,900
2014 $2,338 $279,000 $0 $279,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72464327

MLS Property Information Network (MLS PIN)

APN: CAMB-000267F-000000-000275-000124