NOT LISTED FOR SALE

Estimated Value: $1,197,000 - $1,491,343

6 Beds
2 Baths
2,447 Sq Ft
$527/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $1,000,000 $409 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,792/month

11 Days on Market

Highlights

  • Property is near public transit
  • Home Office
  • Enclosed patio or porch
  • Tennis Courts
  • Jogging Path
  • 3-minute walk to Reverend Thomas J. Williams Park

About This Home

As of September 2021

Great opportunity for investors and developers in prime N. Cambridge! This 2-family home boasts a large amount of space, great natural light, and many windows. Both units feature updated eat-in-kitchens with newer stoves, new countertops in upper unit, enclosed porches, recent paint, and replacement windows throughout. Current owner finished two rooms in the lower level for additional common space with direct walkout access to the sweet rear garden. Washer/dryer hookup, two heating systems, two HW tanks, electric panels, and storage located in the unfinished basement. The home is just .4 miles to Davis Square, shopping and Redline T; 280 ft to Minuteman Bike Path at Mass. Ave.; .4 miles to Cambridge O'Neill Library, Russell Field, and Pemberton Market; and just two short blocks to the nearby playground on Cedar Street. Convenient to MBTA bus 77, and Route 2 commuter access. Both units tenanted until Aug. 31, 2021.

Last Agent to Sell the Property

Nancy Kramer

Coldwell Banker Realty - Cambridge Listed on: 07/15/2021

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Katerina Mendoza

Centre Realty Group

Centre Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,838

Year Built

  • Built in 1898

Lot Details

  • 1,742 Sq Ft Lot
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,447 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Home Office

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • 2 Heating Zones
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,850

Community Details

Recreation

  • Tennis Courts
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,838

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1898
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Family Room, Office/Den, Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Sunroom)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 2447
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 407.85
  • PRICE PER Sq Ft: 408.66
  • MAIN SO: BB5200

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Bike Path, T-Station

Lot Info

  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1742.4
  • Lot Size Units: Acres
  • LOT SIZE: 1745
  • PAGE: 130

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5838.3
  • Tax Book Number: 66572

Multi Family

  • Gross Income: 58200
  • Net Operating Income: 58200
  • Number Of Units Total: 2
  • Total Actual Rent: 4850
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 17, 2021
Sold by
Dornin Laird
Bought by
Chemmalil Letha and Das-Chemmalil Vinith
Seller's Agent
Nancy Kramer
Coldwell Banker Realty - Cambridge
Buyer's Agent
Katerina Mendoza
Centre Realty Group
List Price
$998,000
Sold Price
$1,000,000
Premium/Discount to List
$2,000
0.2%
Total Days on Market
11
Current Estimated Value
$1,289,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,586
Avg. Annual Appreciation
7.10%
Original Mortgage
$750,000
Outstanding Balance
$688,919
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$600,667

Purchase Details

Listed on
Sep 24, 2015
Closed on
Dec 22, 2015
Sold by
Admv Rt
Bought by
Dornin Laird
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
Nancy Kramer
Coldwell Banker Realty - Cambridge
List Price
$775,000
Sold Price
$790,000
Premium/Discount to List
$15,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$533,850
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2015
Sold by
Shurbanov Martin
Bought by
Admv Rt and Shurbanov Martin

Purchase Details

Closed on
May 2, 2005
Sold by
Casey Paul E
Bought by
Shurbanov Martin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.78%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Casey Lucille R
Bought by
Casey Paul E and Casey Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Chemmalil Letha $1,000,000 None Available
Dornin Laird $788,000 --
Admv Rt -- --
Shurbanov Martin A $480,000 --
Casey Paul E $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chemmalil Letha $750,000
Previous Owner Dornin Laird $493,000
Previous Owner Dornin Laird $533,000
Previous Owner Dornin Laird $533,850
Previous Owner Casey Paul E $358,225
Previous Owner Shurbanov Martin $110,000
Previous Owner Shurbanov Martin $384,000
Previous Owner Shurbanov Martin A $48,000
Previous Owner Shurbanov Martin A $384,000
Previous Owner Shurbanov Martin A $48,000
Previous Owner Casey Paul E $25,000
Previous Owner Casey Paul $364,000
Previous Owner Casey Paul E $305,000
Previous Owner Casey Paul E $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $1,000,000 +0.2% $409 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $998,000 0.0% $408 / Sq Ft
09/14/2018 09/14/18 Rented $2,700 -3.6% --
09/12/2018 09/12/18 Under Contract -- -- --
08/08/2018 08/08/18 Price Changed $2,800 -6.7% $2 / Sq Ft
07/16/2018 07/16/18 For Rent $3,000 0.0% --
12/22/2015 12/22/15 Sold $790,000 +1.9% $352 / Sq Ft
11/15/2015 11/15/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $775,000 -- $345 / 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 $6,636 $1,045,100 $402,900 $642,200
2024 $6,246 $1,055,000 $436,900 $618,100
2023 $5,787 $987,500 $445,600 $541,900
2022 $6,025 $1,017,800 $450,800 $567,000
2021 $5,838 $998,000 $452,400 $545,600
2020 $5,602 $974,300 $439,000 $535,300
2019 $5,320 $895,700 $391,900 $503,800
2018 $5,011 $796,700 $330,000 $466,700
2017 $4,880 $751,900 $309,400 $442,500
2016 $4,257 $609,000 $268,100 $340,900
2015 $4,202 $537,400 $235,700 $301,700
2014 $3,985 $475,500 $206,300 $269,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72866102

MLS Property Information Network (MLS PIN)

APN: CAMB-000191-000000-000038