NOT LISTED FOR SALE

Estimated Value: $1,240,000 - $1,708,000

3 Beds
1 Bath
1,479 Sq Ft
$959/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $1,125,000 $761 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,663/month

14 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 2-minute walk to Edward Sennott Park
  • Security Service

About This Home

As of December 2018

Located on a quiet private way between Kendall Sq. & Central Sq., just 3 blocks from the Red Line T right off Broadway, this bright, contemporary condo is a rare find, zoned for both residential and business use. This street-level space is close to a wide number of highly rated restaurants and a public park, and the building was completely renovated in 1997 and has be updated since with central A/C, new exterior paint job and new heating system. Currently designed for and rented to a professional business, it can remain a business space, be easily converted to a beautiful 3-bedroom residential condo, or serve as a fantastic work/live space. Features 10'+ ceilings, hardwood oak floors throughout, oversized windows, common laundry room, additional storage space, modern galley kitchen, small brick patio, and naturally lit open space that can be converted to a large 27' X 24' area for a living and dining area - or remain with half-walled open work spaces for business use.

Last Agent to Sell the Property

John Moran

Strategy Street Listed on: 09/15/2018

Last Buyer's Agent

John Moran

Strategy Street Listed on: 09/15/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,786

Year Built

  • Built in 1889

HOA Fees

  • $524 per month

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Wood Flooring
  • Year Round Access

Listing and Financial Details

  • Assessor Parcel Number M:00088 L:0007100002

Community Details

Pet Policy

  • Pets Allowed

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,786

Year Built

Built in 1889

Lot Details

0

HOA Fees

$524 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 722.79
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1889
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1889

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Security System, Cable Available
  • Appliances: Range, Wall Oven, Dishwasher, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Dimension: 13X14, Flooring - Hardwood, Recessed Lighting
  • Bedroom 2: On Level: First Floor, Dimension: 9X11, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting, Remodeled
  • Bedroom 3: On Level: First Floor, Dimension: 10X11, Flooring - Hardwood, Recessed Lighting, Remodeled
  • Full Bathrooms: 1
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Dimension: 9X10, Flooring - Hardwood, Countertops - Upgraded, Open Floor Plan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
  • Living Room: On Level: First Floor, Dimension: 24X27, Flooring - Hardwood, Window(s) - Picture, Open Floor Plan, Recessed Lighting, Remodeled
  • Other Room 2: Name: Bonus Room, On Level: First Floor, Walk-in Storage
  • No Living Levels: 1
  • Main Lo: BB5522
  • Main So: BB5522
  • Estimated Sq Ft: 1479.00

Exterior Features

  • Construction: Frame, Brick
  • Roof Material: Rubber
  • Exterior: Clapboard, Wood, Brick
  • Insulation Feature: Full
  • Exterior Unit Features: Patio, Garden Area, Screens, Gutters, Professional Landscaping

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station, University
  • HOA Fees: 524.00
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
  • Condo Association: Yes
  • Management: Professional - Off Site, Owner Association

Association/Amenities

  • Condominium Name: 29 Elm Street Condominiums

Schools

  • High School: Ringe-Latin

Lot Info

  • Assessments: 536400.00
  • Page: 337
  • Parcel Number: M:00088 L:0007100002
  • Zoning: Res/Bus A

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 7944.00
  • Assessor Parcel Number: 403421

Multi Family

  • No Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2018
Closed on
Dec 14, 2018
Sold by
Moran John P
Bought by
29-2 Elm Street Llc
Seller's Agent
John Moran
Strategy Street
Buyer's Agent
John Moran
Strategy Street
List Price
$1,069,000
Sold Price
$1,125,000
Premium/Discount to List
$56,000
5.24%
Current Estimated Value
$1,418,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,482
Avg. Annual Appreciation
3.48%
Original Mortgage
$787,500
Outstanding Balance
$696,501
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$721,981

Purchase Details

Closed on
Sep 27, 2005
Sold by
Cherson Narcisco
Bought by
Moran John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 1997
Sold by
Hali Preservation T
Bought by
Cherson Narcisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
7.55%
Mortgage Type
Commercial
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
29-2 Elm Street Llc $1,125,000 --
Moran John P $560,000 --
Cherson Narcisco $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 29-2 Elm Street Llc $787,500
Previous Owner Cherson Narcisco $320,935
Previous Owner Moran John P $359,650
Previous Owner Moran John P $116,350
Previous Owner Cherson Narcisco $168,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $1,125,000 +5.2% $761 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $1,069,000 -- $723 / 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 $7,786 $1,226,100 $0 $1,226,100
2024 $7,202 $1,216,600 $0 $1,216,600
2023 $6,752 $1,152,200 $0 $1,152,200
2022 $6,725 $1,135,900 $0 $1,135,900
2021 $6,582 $1,125,100 $0 $1,125,100
2020 $9,220 $727,100 $0 $727,100
2019 $8,238 $600,900 $0 $600,900
2018 $8,182 $536,400 $0 $536,400
2017 $7,686 $476,800 $0 $476,800
2016 $7,631 $430,900 $0 $430,900
2015 $3,326 $569,600 $0 $569,600
2014 $3,326 $511,600 $0 $511,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72396160

MLS Property Information Network (MLS PIN)

APN: CAMB-000088-000000-000071-000002