NOT LISTED FOR SALE

Estimated Value: $2,379,000 - $3,407,401

9 Beds
3 Baths
4,590 Sq Ft
$628/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $2,291,250 $499 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $18,242/month

7 Days on Market

About This Home

As of February 2020

OFFER DEADLINE TUESDAY (1/14) @ NOON. Massive triple decker (southwest facing) in a great West Cambridge neighborhood at the top of Vassal Lane near Huron Ave. Each floor has 1530 sq. ft. of living area with front and rear large porches. Impressive scale and proportions with all large rooms, 9 + foot ceiling height throughout, original period trim/moldings and very wide entry ways and staircases. The quality of the original construction (approx. 1914) and the "bones" and size of this building will make this a very worthy and special project for the next buyer. This will potentially be a complete gut renovation but will be well worth the effort. Hardwood floors, all gas systems, full unfinished basement (7'3" ceiling height), off street tandem parking (currently for 2 vehicles) and fantastic street presence will give the savvy buyer a head start on creating the gem this property could become. Priced well below the assessed value by the City of Cambridge and will be delivered vacant

Last Agent to Sell the Property

Bill Aibel

Coldwell Banker Realty - Cambridge Listed on: 01/08/2020

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Leon Navickas

Creative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,419

Year Built

  • Built in 1914

Lot Details

  • 4,792

Additional Features

  • Wood Flooring
  • Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00230 L:00100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,419

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 381.26
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1914
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1914

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: K95001
  • Main So: NB4180
  • Estimated Sq Ft: 4590.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Asbestos
  • Exterior Features: Porch
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 60 Amps/Less, Individually Metered, Knob & Tube Wiring
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping

Lot Info

  • Assessments: 1928800.00
  • Acre: 0.11
  • Lot Size: 4704.00
  • Page: 414
  • Parcel Number: M:00230 L:00100
  • Zoning: B
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 11406.00
  • Assessor Parcel Number: 416748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2022
Sold by
Sweeney Patricia F Est
Bought by
Creative Prop On Centre
Total Days on Market
7
Current Estimated Value
$2,883,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,156,000
Outstanding Balance
$2,066,332
Interest Rate
5.3%
Mortgage Type
Commercial
Estimated Equity
$832,487

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 28, 2020
Sold by
29 Vassal Lane Nt
Bought by
Creative Props On Centre
Seller's Agent
Bill Aibel
Coldwell Banker Realty - Cambridge
Buyer's Agent
Leon Navickas
Creative Properties
List Price
$1,750,000
Sold Price
$2,291,250
Premium/Discount to List
$541,250
30.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Sep 23, 2013
Sold by
Sweeney Patricia F Est
Bought by
29 Vassal Lane Nt
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
Creative Prop On Centre -- None Available
Creative Props On Centre $2,291,250 None Available
29 Vassal Lane Nt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creative Prop On Centre $2,156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $2,291,250 +30.9% $499 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $1,750,000 -- $381 / 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 $25,419 $4,003,000 $967,400 $3,035,600
2024 $23,283 $3,933,000 $1,009,100 $2,923,900
2023 $16,172 $2,759,700 $1,028,100 $1,731,600
2022 $15,128 $2,555,400 $991,000 $1,564,400
2021 $11,344 $1,939,100 $971,400 $967,700
2020 $11,091 $1,928,800 $961,800 $967,000
2019 $10,222 $1,720,800 $811,800 $909,000
2018 $9,791 $1,514,100 $731,400 $782,700
2017 $9,707 $1,495,700 $713,100 $782,600
2016 $9,402 $1,345,000 $625,300 $719,700
2015 $8,647 $1,105,800 $482,700 $623,100
2014 $7,984 $952,800 $384,000 $568,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72605743

MLS Property Information Network (MLS PIN)

APN: CAMB-000230-000000-000100