NOT LISTED FOR SALE

29 Elm St Unit 2 Cambridge, MA 02139

The Port Neighborhood

Estimated Value: $1,147,000 - $1,407,000

3 Beds
1 Bath
1,479 Sq Ft
$833/Sq Ft Est. Value

Last Sold December 14, 2018

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

Est. 9% increase in value since last sale

Current estimated payment $8,061/month

14 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 1-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%
Total Days on Market
14
Current Estimated Value
$1,231,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,830
Avg. Annual Appreciation
1.41%
Original Mortgage
$787,500
Outstanding Balance
$700,506
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$531,324

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

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Range of Values:

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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

  • J

    Seller's Agent in 2018

    John Moran

    Strategy Street

    5 Total Sales

    John Moran
    Section Image
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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

Massachusetts Middlesex County Cambridge 02139 The Port

29 Elm St Unit 2, Cambridge, MA

This home is located at 29 Elm St Unit 2, Cambridge, MA 02139 since 15 September 2018 and is currently estimated at $1,231,830, approximately $832 per square foot. This property was built in 1889. 29 Elm St Unit 2 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School.

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