NOT LISTED FOR SALE

31 Wheeler St Unit 303 Cambridge, MA 02138

Estimated Value: $861,000 - $975,000

2 Beds
2 Baths
1,149 Sq Ft
2007 Built

Last Sold September 16, 2019

Last sale price $770,000 $670 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,221/month

Highlights

  • Golf Course Community
  • Deck
  • 1 Fireplace
  • Medical Services
  • Property is near public transit
  • Jogging Path

About This Home

As of September 2024

Sensational south facing two-bedroom, two-bathroom penthouse in Reservoir Lofts at Fresh Pond. Conveniently located just a short distance to Alewife Station (Red Line), 74 & 78 bus lines, Memorial & Storrow Drive, Rt 2. and the Mass Pike. Close to Porter & Harvard Square. Across the street from shopping centers featuring Trader Joe's, CVS, Whole Foods Chipotle, TJ MAX, Starbucks and a movie theatre. Nearby bike and walking trails through Cambridge's expansive Fresh Pond Reservation. This loft style penthouse features 20' high ceilings allowing sunlight to pour in, two private decks, central AC, newer kitchen with maple cabinets and granite counters, washer/dryer in unit, gas fireplace, cherry hardwood floors and garage parking located directly underneath the building.

Last Agent to Rent the Property

Khalil Razzaghi

Gibson Sotheby's International Realty Listed on: 06/27/2024

Gibson Sotheby's International Realty

Last Renter's Agent

Khalil Razzaghi

Gibson Sotheby's International Realty Listed on: 06/27/2024

Gibson Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,135

Year Built

  • Built in 2007

Lot Details

  • Near Conservation Area

Parking

  • 1 Car Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,149 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $3,990
  • Property Available on 9/1/24
  • Rent includes water, sewer, snow removal, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number M:0267F L:0027500303,4756517

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,135

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3990

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Entry Level: 3
  • Year Built Details: Approximate
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: First
  • Living Area: 1149
  • Spa YN: No
  • MAIN LO: AN1921
  • LIST PRICE PER Sq Ft: 3.31
  • PRICE PER Sq Ft: 3.31
  • MAIN SO: AN1921

Exterior Features

  • Exterior Features: Deck, Deck - Roof, Balcony
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Deck - Roof
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Snow Removal, Gardener
  • Senior Community YN: No
  • UNIT BUILDING: 303

Lot Info

  • Parcel Number: M:0267F L:0027500303,4756517
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Derafshi Zahra H and Derafshi Hosseiniasanjan S
Bought by
Masoud Hosseini Lt and Hosseini
Current Estimated Value
$906,853

Purchase Details

Listed on
Jul 17, 2019
Closed on
Sep 9, 2019
Sold by
Clark Robin D
Bought by
Derafshi Zahra H and Hosseinianjan Seyedmasoud
Seller's Agent
Kevin Cleary
RE/MAX Select Realty
Buyer's Agent
Heidi Sharry
Compass
List Price
$789,900
Sold Price
$770,000
Premium/Discount to List
-$19,900
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$616,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2014
Closed on
Aug 8, 2014
Sold by
Bowser Jason and Doleva Jennifer
Bought by
Clark Robin D
Seller's Agent
Bobby Woofter
Terratt, LLC
Buyer's Agent
Move 2 Boston Group
William Raveis R.E. & Home Services
List Price
$529,000
Sold Price
$635,000
Premium/Discount to List
$106,000
20.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$200,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2012
Closed on
Nov 30, 2012
Sold by
Roffman Joshua
Bought by
Bowser Jason and Doleva Jennifer
Seller's Agent
Jay Najarian
Benoit Real Estate Group ,LLC
Buyer's Agent
Judith Ballantine
Coldwell Banker Realty - Brookline
List Price
$483,900
Sold Price
$480,000
Premium/Discount to List
-$3,900
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$408,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Masoud Hosseini Lt -- None Available
Masoud Hosseini Lt -- None Available
Derafshi Zahra H $770,000 --
Clark Robin D $635,000 --
Bowser Jason $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derafshi Zahra H $616,000
Previous Owner Clark Robin D $200,000
Previous Owner Bowser Jason $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2024 09/10/24 Rented $3,800 0.0% --
08/25/2024 08/25/24 Under Contract -- -- --
08/09/2024 08/09/24 Price Changed $3,800 -2.6% $3 / Sq Ft
08/01/2024 08/01/24 Price Changed $3,900 -2.3% $3 / Sq Ft
07/18/2024 07/18/24 Price Changed $3,990 -4.8% $3 / Sq Ft
07/13/2024 07/13/24 Price Changed $4,190 -4.6% $4 / Sq Ft
06/27/2024 06/27/24 For Rent $4,390 0.0% --
09/16/2019 09/16/19 Sold $770,000 -0.6% $670 / Sq Ft View Prior Sale
08/18/2019 08/18/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $775,000 -1.9% $674 / Sq Ft
07/17/2019 07/17/19 For Sale $789,900 +24.4% $687 / Sq Ft
08/08/2014 08/08/14 Sold $635,000 0.0% $553 / Sq Ft View Prior Sale
07/09/2014 07/09/14 Pending -- -- --
06/25/2014 06/25/14 Off Market $635,000 -- --
06/16/2014 06/16/14 For Sale $529,000 +10.2% $460 / Sq Ft
11/30/2012 11/30/12 Sold $480,000 -0.8% $418 / Sq Ft View Prior Sale
10/18/2012 10/18/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $483,900 -- $421 / 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 $5,135 $808,600 $0 $808,600
2024 $4,703 $794,400 $0 $794,400
2023 $4,496 $767,200 $0 $767,200
2022 $4,449 $751,600 $0 $751,600
2021 $4,281 $731,800 $0 $731,800
2020 $4,077 $709,000 $0 $709,000
2019 $3,920 $660,000 $0 $660,000
2018 $3,787 $602,000 $0 $602,000
2017 $3,602 $555,000 $0 $555,000
2016 $3,507 $501,700 $0 $501,700
2015 $3,485 $445,600 $0 $445,600
2014 $3,456 $412,400 $0 $412,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73258382

MLS Property Information Network (MLS PIN)

APN: CAMB-000267F-000000-000275-000303