NOT LISTED FOR SALE

31 Magnolia Ave Cambridge, MA 02138

Mid-Cambridge Neighborhood

Estimated Value: $2,570,326 - $3,267,000

8 Beds
3 Baths
4,174 Sq Ft
$682/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $2,300,000 $551 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $16,767/month

7 Days on Market

About This Home

As of October 2021

Bring your ideas to this large, three unit building in mid-Cambridge. Completely empty so you can renovate and convert to condos and live in one or make modest improvements and keep as a solid rental property. Basement has high ceilings, buttressed brick foundation and with work could be additional living space not counted in your GFA.. Completely re-sided in 2013. Two units are three bedroom and the top floor owner's custom designed unit has two large bedrooms. Laundry conveniently located in the heated enclosed porches at the rear of building. Small yard and two car tandem parking alongside the building. Close to Harvard University, Kirkland Village, Inman Square and CRL High School. Offers to be reviewed on Wed 9/22 @ 12pm.

Last Agent to Sell the Property

Minka vanBeuzekom

Coldwell Banker Realty - Cambridge Listed on: 09/15/2021

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Clifford Ciccarone

Market Value Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,752

Year Built

  • 1895

Lot Details

  • 3,920

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,752

Year Built

1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: between Line and Roberts Road
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1895

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Has Basement: Full, Walk-Out Access, Interior Entry, Sump Pump, Dirt Floor, Concrete, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 477.96
  • PRICE PER Sq Ft: 551.03
  • MAIN SO: BB5933
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Wood,Carpet,Varies Per Unit,Hardwood
  • Stories: 6

Exterior Features

  • Roof: Rubber
  • Foundation Details: Brick/Mortar
  • View: City View(s)
  • Construction Type: Frame
  • Disclosures: Located In Mid-Cambridge Neighborhood Conservation District/Water In Basement During Rains/Whole House Water Filtration System Bypassed/Asbestos Removed In 1989/Sold In As-Is Condition
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Tandem, On Street
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Highway Access, Private School, Public School, T-Station

Fee Information

  • Annual Water Sewer Expense: 1936

Lot Info

  • LOT SIZE: 4050
  • PAGE: 414
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: Res B

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Electric Expense: 126
  • Insurance Expense: 4870
  • Number Of Units Total: 3
  • Annual Operating Expense: 8532

Tax Info

  • Tax Annual Amount: 11150
  • Tax Book Number: 17424
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2015
Sold by
Craig Christopher and Swanke Charles C
Bought by
Craig Christopher and Craig Melissa
Current Estimated Value
$2,847,582

Purchase Details

Closed on
Jun 17, 1982
Bought by
Craig Christopher and Craig Melissa
Source: Public Records

Range of Values:

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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
Craig Christopher -- --
Craig Christopher $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $2,300,000 +15.3% $551 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,995,000 -- $478 / 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 $20,752 $3,268,100 $1,093,500 $2,174,600
2024 $16,665 $2,815,000 $1,140,000 $1,675,000
2023 $13,105 $2,236,400 $1,161,500 $1,074,900
2022 $11,587 $1,957,200 $1,136,500 $820,700
2021 $10,842 $1,853,300 $1,059,300 $794,000
2020 $10,431 $1,814,100 $1,038,300 $775,800
2019 $9,752 $1,641,800 $912,000 $729,800
2018 $33,624 $1,457,800 $824,300 $633,500
2017 $9,345 $1,439,900 $806,800 $633,100
2016 $8,806 $1,259,800 $677,000 $582,800
2015 $8,536 $1,091,500 $585,800 $505,700
2014 $7,898 $942,500 $505,100 $437,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Minka vanBeuzekom

    Coldwell Banker Realty - Cambridge

    Section Image

  • C

    Buyer's Agent in 2021

    Clifford Ciccarone

    Market Value Real Estate, LLC

    1 in this area

    2 Total Sales

    Clifford Ciccarone
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72895503

MLS Property Information Network (MLS PIN)

APN: CAMB-000140-000000-000037

Massachusetts Middlesex County Cambridge 02138 Mid-Cambridge

31 Magnolia Ave, Cambridge, MA

This home is located at 31 Magnolia Ave, Cambridge, MA 02138 since 15 September 2021 and is currently estimated at $2,847,582, approximately $682 per square foot. This property was built in 1895. 31 Magnolia Ave is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Saint Theresa 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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