NOT LISTED FOR SALE

27 Wheeler St Unit 319 Cambridge, MA 02138

Estimated Value: $800,000 - $961,000

2 Beds
2 Baths
1,022 Sq Ft
2007 Built

Last Sold August 26, 2016

Last sale price $635,000 $621 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,985/month

8 Days on Market

About This Home

As of August 2016

This loft style 2-level penthouse condominium in the distinctive Reservoir Loft Community boasts soaring ceilings, 19' tall windows, a mezzanine, cherry hardwood floors, recessed and track lighting. The open concept layout is ideal for entertaining offering a gourmet kitchen with breakfast bar, high-end appliances, granite countertops, maple cabinetry, dining and living area. A generous sized bedroom and a full bath complete this level. The 2nd level offers a generously proportion master suite that opens onto a large private skyline deck. An in-unit washer/dryer and large closet compliment the space. Unbeatable location in sought after Fresh Pond across the street from the Fresh Pond Reservoir with walking/jogging trails, Trader Joes, Whole Foods, movie theater and more. Walking distance to bus routes and the Red Line Alewife T Station. Convenient to Rte 2 and 95. A must see!!

Last Agent to Sell the Property

Anna Calderone

Coldwell Banker Realty - Cambridge License #449508248 Listed on: 06/09/2016

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Barbara Baker

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,771

Year Built

2007

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School, T-Station
  • Electric: 100 Amps
  • Flooring: Hardwood
  • Interior Amenities: Intercom
  • No Living Levels: 2

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior Unit Features: Deck - Roof

Garage/Parking

  • Garage Parking: Attached, Under, Heated
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air, Individual
  • Heating: Forced Air, Gas, Individual
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Resevoir Lofts
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 72
  • Unit Building: 319

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 26, 2016
Sold by
Park Kenneth
Bought by
Ma Tracy X and Zhang Allen L
Seller's Agent
Anna Calderone
Coldwell Banker Realty - Cambridge
Buyer's Agent
Barbara Baker
Coldwell Banker Realty - Cambridge
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%
Current Estimated Value
$867,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,729
Avg. Annual Appreciation
3.48%
Original Mortgage
$476,250
Outstanding Balance
$380,288
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$487,441

Purchase Details

Closed on
Nov 24, 2009
Sold by
World 114 Nt and Coppola Mark D
Bought by
Park Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
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
Ma Tracy X $635,000 --
Park Kenneth $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Tracy X $476,250
Previous Owner Park Kenneth $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $635,000 +6.0% $621 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $599,000 0.0% $586 / Sq Ft
09/30/2014 09/30/14 Rented $2,600 0.0% --
09/30/2014 09/30/14 For Rent $2,600 -- --
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 $4,771 $751,300 $0 $751,300
2024 $4,344 $733,700 $0 $733,700
2023 $4,179 $713,200 $0 $713,200
2022 $4,137 $698,800 $0 $698,800
2021 $3,975 $679,500 $0 $679,500
2020 $3,832 $666,400 $0 $666,400
2019 $3,685 $620,400 $0 $620,400
2018 $3,560 $566,000 $0 $566,000
2017 $3,348 $515,900 $0 $515,900
2016 $3,261 $466,500 $0 $466,500
2015 $3,239 $414,200 $0 $414,200
2014 $3,214 $383,500 $0 $383,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72020100

MLS Property Information Network (MLS PIN)

APN: CAMB-000267F-000000-000275-000319