NOT LISTED FOR SALE

31 Putnam Ave Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $3,470,086

4 Beds
4 Baths
2,867 Sq Ft
$1,210/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $1,500,000 $523 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $18,908/month

55 Days on Market

About This Home

As of July 2012

Unique investment opportunity in the heart of Cambridge! Mixed Use building with a strong income history. Recently updated top floor residential unit has 4 bedrooms, 2 full baths, eat-in kitchen, lovely living room with built-ins and newer windows throughout. Commercial space is a very popular eatery, has been at this location for many years, escalating lease and NN. Recent updates include electric, plumbing, fhw heating system, awning, and ext paint. Close to everything! See MLS 71369090

Last Agent to Sell the Property

Jasmin Lucci

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 04/16/2012

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Paul Slavinski

Senne

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 3.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Public School, T-Station, University
  • Electric: 220 Volts, Circuit Breakers, 100 Amps, 200 Amps, Individually Metered
  • Flooring: Wood
  • Basement: Full, Partially Finished, Interior Access

Exterior Features

  • Roof: Tar & Gravel
  • Exterior: Shingles, Wood, Shake
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven

Lot Info

  • Assessor Parcel Number: M:00132 L:00106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jul 11, 2012
Sold by
Cremaldi Catherine and Cremaldi Cosmo
Bought by
31 Putnam Llc
Seller's Agent
Jasmin Lucci
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Paul Slavinski
Senne
List Price
$1,375,000
Sold Price
$1,500,000
Premium/Discount to List
$125,000
9.09%
Current Estimated Value
$3,470,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,970,086
Avg. Annual Appreciation
6.23%
Original Mortgage
$900,000
Outstanding Balance
$634,886
Interest Rate
3.76%
Mortgage Type
Commercial
Estimated Equity
$2,683,452
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
31 Putnam Llc $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 31 Putnam Llc $300,000
Open 31 Putnam Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2012 07/10/12 Sold $1,500,000 +9.1% $523 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $1,375,000 -- $480 / 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 -- $1,951,900 $543,800 $1,408,100
2024 -- $2,177,200 $707,200 $1,470,000
2023 $0 $2,183,600 $707,200 $1,476,400
2022 $0 $2,070,600 $656,700 $1,413,900
2021 $0 $2,123,200 $555,700 $1,567,500
2020 $0 $1,936,100 $526,200 $1,409,900
2019 $0 $1,733,100 $454,600 $1,278,500
2018 $0 $1,549,000 $404,100 $1,144,900
2017 $0 $1,398,300 $357,800 $1,040,500
2016 -- $1,200,300 $293,600 $906,700
2015 -- $1,083,900 $264,400 $819,500
2014 $15,159 $1,021,200 $248,600 $772,600
Source: Public Records

Agents Affiliated with this Home

  • Jasmin Lucci

    Seller's Agent in 2012

    Jasmin Lucci

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (323) 640-2075

    12 Total Sales

    Jasmin Lucci
    Section Image

  • P

    Buyer's Agent in 2012

    Paul Slavinski

    Senne

    (617) 876-4242

    9 Total Sales

    Paul Slavinski
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71367941

MLS Property Information Network (MLS PIN)

APN: CAMB-000132-000000-000106

Massachusetts Middlesex County Cambridge 02138 Riverside

31 Putnam Ave, Cambridge, MA

This home is located at 31 Putnam Ave, Cambridge, MA 02139 since 16 April 2012 and is currently estimated at $3,470,086, approximately $1,210 per square foot. This property was built in 1920. 31 Putnam Ave is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Saint Paul's Choir 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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