NOT LISTED FOR SALE

Estimated Value: $580,000 - $805,000

2 Beds
1 Bath
628 Sq Ft
$1,090/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $548,000 $873 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,131/month

About This Home

As of February 2020

Located in the trendy East Cambridge neighborhood, with easy access to Lechmere MBTA green line stop, MIT, Kendall Square and the red line, this freshly painted, condo offers two generously-sized bedrooms and a flexible floor plan that allows for one of the bedrooms to expand to extra living/dining/office area. The fully applianced kitchen comes with cherry cabinets, ample storage and granite counters. Features include hardwood floors, a newly installed Nest system, electronic door lock, LED lighting throughout the apartment and building. Professionally managed and part of a small five-unit association, the condo comes with gas heating and private basement storage. This is an excellent investment property, close to universities and the tech/biotech hub. Ideally located near many coffee shops, restaurants and grocery stores along Cambridge Street and Inman Square. Near Kendall Square Cinema, CambridgeSide Galleria, the Museum of Science, Twin City Plaza and Cambridge Crossing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jan 30, 2020
Sold by
Stelmah Mike and Stelmah Oleksandra
Bought by
Amaravadi Lakshmi and Amaravadi Natasha
Seller's Agent
Georgia Balafas
Corcoran Property Advisors
Buyer's Agent
Georgia Balafas
Corcoran Property Advisors
List Price
$549,000
Sold Price
$548,000
Premium/Discount to List
-$1,000
-0.18%
Current Estimated Value
$684,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,738
Avg. Annual Appreciation
4.01%

Purchase Details

Closed on
Jul 15, 2003
Sold by
Palumbo David
Bought by
Keyes Jeremy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2003
Sold by
30-32 Sciarappa St Llc
Bought by
Sarcia Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Sarcia Stephen
Bought by
Palumbo David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Amaravadi Lakshmi $549,000 None Available
Stelmah Mike $425,000 --
Keyes Jeremy D $245,000 --
Keyes Jeremy D $245,000 --
Sarcia Stephen $65,000 --
Palumbo David $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stelmah Mike $340,000
Previous Owner Keyes Jeremy D $232,750
Previous Owner Sarcia Stephen $165,750
Previous Owner Palumbo David $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $548,000 -0.2% $873 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $549,000 0.0% $874 / Sq Ft
06/09/2019 06/09/19 Rented $3,175 0.0% --
06/06/2019 06/06/19 Under Contract -- -- --
05/17/2019 05/17/19 Price Changed $3,175 +1.6% $5 / Sq Ft
05/17/2019 05/17/19 Price Changed $3,125 -8.8% $5 / Sq Ft
04/22/2019 04/22/19 For Rent $3,425 +16.1% --
01/15/2019 01/15/19 Rented $2,950 0.0% --
12/31/2018 12/31/18 Under Contract -- -- --
10/24/2018 10/24/18 For Rent $2,950 0.0% --
11/29/2017 11/29/17 Sold $425,000 0.0% $677 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/24/2017 10/24/17 Price Changed $425,000 -5.6% $677 / Sq Ft
10/21/2017 10/21/17 For Sale $450,000 0.0% $717 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
09/24/2017 09/24/17 Price Changed $450,000 -3.2% $717 / Sq Ft
09/13/2017 09/13/17 Price Changed $465,000 -2.1% $740 / Sq Ft
08/17/2017 08/17/17 For Sale $475,000 -- $756 / Sq Ft

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 $3,261 $513,600 $0 $513,600
2024 $2,929 $494,800 $0 $494,800
2023 $2,983 $509,000 $0 $509,000
2022 $2,971 $501,800 $0 $501,800
2021 $2,682 $458,500 $0 $458,500
2020 $2,642 $459,500 $0 $459,500
2019 $2,742 $461,600 $0 $461,600
2018 $2,722 $423,100 $0 $423,100
2017 $2,478 $381,800 $0 $381,800
2016 $2,339 $334,600 $0 $334,600
2015 $2,288 $292,600 $0 $292,600
2014 $2,202 $262,800 $0 $262,800
Source: Public Records

Agents Affiliated with this Home

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