$1,215,000
SOLD DEC 17, 2013

325 Franklin St Unit 1 Cambridge, MA 02139

Riverside Neighborhood
3 Beds
3 Baths
2,165 Sq Ft
1998 Built

Recently Sold

$561 Per Sq Ft

8% Below List Price

46 Days on Market

About This Home

As of December 2013

Delightful south facing 3-bedroom, 2.5 bath townhouse in the Riverside neighborhood, between Harvard and MIT with easy access to the Red Line in Central Square. Walk Score of 94 - Walker's Paradise! Built in 1998 and very well maintained. Appealing floor plan on main living level. Highlights include 8'-10" ceiling height, gas fireplace, plantation shutters and direct access to deck off dining room. Master bedroom suite with walk-in closet on second floor, as well as additional full-size bedroom, bathroom and laundry. The top floor features custom cabinet and desk areas, as well as direct access to private 22' x 25' wraparound roof deck with arbor and planters. Lower level features media room with surround sound system; ample storage; and direct access to one-car garage. Three-unit association is 100% owner-occupied. Other nice features here include central air conditioning and a truly exceptional collection of art lighting fixtures (all included in the sale). City living at its best.

Last Agent to Sell the Property

Charles Cherney

Compass Listed on: 09/27/2013

Compass

Last Buyer's Agent

Barrie Wheeler

Hammond Residential Real Estate

Hammond Residential Real Estate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2013
Closed on
Dec 17, 2013
Sold by
Deanne C Dorn T
Bought by
Fox Daniel
Seller's Agent
Andrea Blum
Coldwell Banker Realty - Cambridge
Buyer's Agent
Amy Oliver
Coldwell Banker Realty - Cambridge
Sold Price
$3,850
Current Estimated Value
$2,251,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,247,356
Avg. Annual Appreciation
5.50%
Original Mortgage
$350,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2013
Sold by
Deanne C Dorn T
Bought by
Dorn Barry C

Purchase Details

Closed on
Sep 23, 2011
Sold by
Deanne C Dorn 2005 T
Bought by
Deanne C Dorn T

Purchase Details

Closed on
May 21, 2010
Sold by
Curtis S Rudbart Lt
Bought by
Deanne C Dorn T

Purchase Details

Closed on
Aug 22, 2006
Sold by
Rudbart Curtis S
Bought by
Curtis S Rudbart Lt

Purchase Details

Closed on
Nov 18, 1998
Sold by
Davenport Townhs Dev
Bought by
Rudbart Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $1,215,000 --
Deed -- --
Deed -- --
Deed $1,010,000 --
Deed -- --
Deed $485,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,000 Adjustable Rate Mortgage/ARM
Closed $40,000 No Value Available
Closed $350,000 Adjustable Rate Mortgage/ARM
Previous Owner $200,000 No Value Available
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2013 12/18/13 Rented $3,850 0.0% --
12/17/2013 12/17/13 Sold $1,215,000 0.0% $561 / Sq Ft
11/18/2013 11/18/13 Under Contract -- -- --
11/15/2013 11/15/13 For Rent $4,200 0.0% --
11/12/2013 11/12/13 Pending -- -- --
10/24/2013 10/24/13 Off Market $1,215,000 -- --
10/02/2013 10/02/13 Price Changed $1,295,000 -2.3% $598 / Sq Ft
09/27/2013 09/27/13 For Sale $1,325,000 -- $612 / 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 $12,913 $2,033,600 $0 $2,033,600
2024 $12,340 $2,084,500 $0 $2,084,500
2023 $11,086 $1,891,800 $0 $1,891,800
2022 $10,783 $1,821,500 $0 $1,821,500
2021 $10,432 $1,783,200 $0 $1,783,200
2020 $9,680 $1,683,500 $0 $1,683,500
2019 $8,949 $1,506,500 $0 $1,506,500
2018 $8,714 $1,385,400 $0 $1,385,400
2017 $8,610 $1,326,600 $0 $1,326,600
2016 $8,411 $1,203,300 $0 $1,203,300
2015 $8,356 $1,068,500 $0 $1,068,500
2014 $7,357 $877,900 $0 $877,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71589527

MLS Property Information Network (MLS PIN)

APN: CAMB-000119-000000-000055-000001