NOT LISTED FOR SALE

305 Webster Ave Unit 101 Cambridge, MA 02141

Wellington-Harrington Neighborhood

Estimated Value: $832,000

1 Bed
2 Baths
918 Sq Ft
$336/mo HOA Fee

Last Sold June 30, 2022

Last sale price $655,000 $714 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,054/month

38 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Tankless Water Heater
  • Main Floor Primary Bedroom
  • Intercom
  • Shops

About This Home

As of June 2022

Inman Crossing offers a great opportunity for an owner to purchase a Live/Work space in Inman Square. Inman Crossing is a professional managed newly constructed LEED Rated four story elevator building with garage parking. Centrally located in Iman Square with access to the iconic shops, restaurants, and local amenities and an easy walk to Union, Harvard, Kendall and Central Squares, The units feature a contemporary design, in-unit laundry, bike room, and private storage. The live work residences offer direct street access with plenty of Natural Light and an opportunity for an Artist, Attorney, Architect, Engineer, or massage therapist to be part of Cambridge thriving community.

Last Agent to Sell the Property

Clare Thompson

ABG Realty Listed on: 04/07/2022

Last Buyer's Agent

Barbara Wales

Engel & Volkers Newton

Engel & Volkers Newton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,841

Year Built

  • Built in 2020

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 918 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Concrete Flooring
  • Intercom

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

Overview

  • Optional Additional Fees: 336.14
  • Other Mandatory Fees include Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association fees include insurance, maintenance structure, snow removal, trash
  • 36 Units
  • Mid-Rise Condominium
  • Inman Crossing Community

Amenities

  • Shops

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,841

Year Built

Built in 2020

Lot Details

0

HOA Fees

$336 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 2020
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 10
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Disposal,Microwave,Washer,Dryer,ENERGY STAR Qualified Refrigerator, Tank Water Heaterless
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Unit
  • Room Living Room Level: First
  • Living Area: 918
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: NB2563
  • LIST PRICE PER Sq Ft: 767.97
  • PRICE PER Sq Ft: 713.51
  • MAIN SO: AN4462

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 336.14
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Public School, T-Station
  • OPT FEE INCLUDES: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • UNIT BUILDING: 101
  • MANAGEMENT: Professional - Off Site
  • OPTIONAL FEE: 336.14
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 594

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 99
  • Tax Book Number: 68737

Multi Family

  • Number Of Units Total: 36
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 30, 2022
Sold by
305 Webster Ave Condo Llc
Bought by
Ravikumar Lakshminarasimhan S and Ravikumar Sushmitha
Seller's Agent
Clare Thompson
ABG Realty
Buyer's Agent
Barbara Wales
Engel & Volkers Newton
List Price
$720,000
Sold Price
$655,000
Premium/Discount to List
-$65,000
-9.03%
Current Estimated Value
$832,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,000
Original Mortgage
$589,500
Outstanding Balance
$553,735
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
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
Ravikumar Lakshminarasimhan S $655,000 None Available
Ravikumar Lakshminarasimhan S $655,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravikumar Lakshminarasimhan S $589,500
Closed Ravikumar Lakshminarasimhan S $589,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $655,000 -7.1% $714 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/26/2022 04/26/22 Price Changed $705,000 -2.1% $768 / Sq Ft
04/07/2022 04/07/22 For Sale $720,000 -- $784 / 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 $3,841 $659,400 $0 $659,400
2024 $3,841 $648,800 $0 $648,800
2023 $0 $765,800 $0 $765,800
2022 $0 $759,000 $0 $759,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Clare Thompson

    ABG Realty

    (617) 492-9900

    6 in this area

    9 Total Sales

    Clare Thompson
    Section Image
  • Barbara Wales

    Buyer's Agent in 2022

    Barbara Wales

    Engel & Volkers Newton

    (617) 610-6000

    2 in this area

    93 Total Sales

    Barbara Wales
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72964383

MLS Property Information Network (MLS PIN)

APN: CAMB M:00081 L:0002000101

Massachusetts Middlesex County Cambridge 02139 Wellington-Harrington

305 Webster Ave Unit 101, Cambridge, MA

This home is located at 305 Webster Ave Unit 101, Cambridge, MA 02141 since 07 April 2022 and is currently priced at $832,000, approximately $906 per square foot. This property was built in 2020. 305 Webster Ave Unit 101 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School.

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.

MLS Property Information Network (MLS PIN) 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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