289 Elm St Cambridge, MA 02139
Wellington-Harrington NeighborhoodEstimated Value: $1,659,191 - $2,021,000
6
Beds
3
Baths
2,816
Sq Ft
$649/Sq Ft
Est. Value
Highlights
- Medical Services
- Cooling Available
- Park
- Property is near public transit
- Patio
- Shops
About This Home
As of July 2022Welcome to 289 Elm Street! Fully leased 3 family at the heart of Inman Square. Perfect for an investor with three income generating units. Just over 2,000 square feet all 3 units feature 2 bedrooms and 1 full bathroom each with in unit laundry on each floor. Property also features a finished basement! This multi has unmatched access to some of the nation’s top universities, bio-tech and technology employers, and not to mention restaurants and dining. Located in between Harvard Square and Kendall Square, this is the perfect location for foot, bike, or transit. Take advantage of this turn key opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,583
Year Built
- Built in 1873
Lot Details
- 1,563 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Triplex
- Frame Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,816 Sq Ft Home
- Insulated Windows
- Washer
Kitchen
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Patio
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- Heating Available
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $7,100
- Assessor Parcel Number 402881
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Net Operating Income $85,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2014
Sold by
Gomes Fatima and Gomes Antonio C
Bought by
Gomes Antonio C
Total Days on Market
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 27, 1997
Sold by
Hsu Hsiaolan and Chen Chong
Bought by
Shieh Wenshong and Shieh Wendy P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 1995
Sold by
Furtado Jose P Est
Bought by
Hsu Hsiaolan and Chen Chong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gomes Antonio C | -- | -- | |
| Shieh Wenshong | $260,000 | -- | |
| Hsu Hsiaolan | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jiang Jingjing | $1,020,000 | |
| Closed | Gomes Antonio C | $603,000 | |
| Previous Owner | Gomes Antonio C | $118,400 | |
| Previous Owner | Shieh Wendy P | $7,800 | |
| Previous Owner | -Shieh Wendy P | $13,300 | |
| Previous Owner | Pinyen-Shieh Wendy | $370,000 | |
| Previous Owner | Hsu Hsiaolan | $266,000 | |
| Previous Owner | Hsu Hsiaolan | $208,000 | |
| Previous Owner | Hsu Hsiaolan | $88,300 | |
| Previous Owner | Hsu Hsiaolan | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $1,700,000 | -2.9% | $604 / Sq Ft |
| 04/25/2022 04/25/22 | Pending | -- | -- | -- |
| 04/05/2022 04/05/22 | Price Changed | $1,750,000 | -4.4% | $621 / Sq Ft |
| 03/16/2022 03/16/22 | For Sale | $1,829,900 | -- | $650 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,145 | $1,282,700 | $624,400 | $658,300 |
| 2024 | $7,278 | $1,229,400 | $678,900 | $550,500 |
| 2023 | $6,951 | $1,186,200 | $690,300 | $495,900 |
| 2022 | $6,813 | $1,150,800 | $702,500 | $448,300 |
| 2021 | $6,583 | $1,125,300 | $689,000 | $436,300 |
| 2020 | $6,295 | $1,094,800 | $688,000 | $406,800 |
| 2019 | $5,806 | $977,400 | $603,800 | $373,600 |
| 2018 | $5,430 | $863,200 | $519,600 | $343,600 |
| 2017 | $5,141 | $792,100 | $464,500 | $327,600 |
| 2016 | $4,844 | $693,000 | $389,000 | $304,000 |
| 2015 | $4,615 | $590,200 | $325,100 | $265,100 |
| 2014 | $4,228 | $504,500 | $261,300 | $243,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Mathews
Seller's Agent in 2022
Jonathan Mathews
Legacy Realty Advisors LLC
(781) 853-1765
1 in this area
94 Total Sales
-
Rose Hall
Buyer's Agent in 2022
Rose Hall
Blue Ocean Realty, LLC
(857) 207-7579
1 in this area
345 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72953490
APN: CAMB-000082-000000-000090
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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