$2,200,000
SOLD JUL 2, 2024 RENTED NOV 10, 2024

325 Franklin St Unit 2 Cambridge, MA 02139

Riverside Neighborhood
3 Beds
2.5 Baths
2,564 Sq Ft
$475/mo HOA Fee

Recently Sold

$858 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Deck
  • 4-minute walk to Central Square Station
  • Wood Flooring
  • Property is near public transit
  • Vaulted Ceiling
  • 3-minute walk to Carl F. Barron Plaza

About This Home

As of July 2024

Lovely 3-bedroom, 2.5 bath townhouse in the Riverside neighborhood, between Harvard and MIT with easy access to the Red Line in Central Square. Spacious rooms with high ceilings and beautiful wood floors throughout the main levels. The living room has a wood-burning fireplace and the adjacent dining room opens to a deck for morning coffee. The second floor features a generously sized primary bedroom with three closets and a renovated en suite bath with soaking tub & separate shower plus a second bedroom and full bath. On the top floor you’ll find a 3rd bedroom / family room with vaulted ceilings that opens to a fabulous private 12’ x 24’ deck. The lower level has two finished rooms, laundry and direct access to the garage. With a Walk Score of 98 & a Bike Score of 99 - a “Walker’s / Biker’s Paradise” – you can leave the car behind and enjoy all Cambridge has to offer. City living at its finest!

Last Agent to Sell the Property

Liz Bolton

RE/MAX Real Estate Center Listed on: 05/01/2024

RE/MAX Real Estate Center

Last Buyer's Agent

Dan Keating

Coldwell Banker Realty - Brookline

Coldwell Banker Realty - Brookline

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,804

Year Built

  • Built in 1997

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • On-Street Parking
  • Open Parking
  • Deeded Parking

Interior Spaces

  • 2,564 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Light Fixtures
  • 1 Fireplace
  • Bonus Room
  • Home Gym
  • Basement
  • Laundry in Basement

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Linen Closet
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number M:00119 L:0005500002,3323075

Community Details

Overview

  • Association fees include insurance, ground maintenance, snow removal
  • 3 Units

Amenities

  • Shops

Recreation

  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,804

Year Built

Built in 1997

Lot Details

0

HOA Fees

$475 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1997
  • Buyer Agency: 2.5
  • Entry Level: 1
  • Transaction Broker: 2.5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Closet, Bonus Room, Exercise Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Flooring - Wood
  • Room Bedroom3 Features: Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wood, Balcony / Deck
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Ceiling Fan(s), Flooring - Wood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower
  • Bathroom 3 Features: Bathroom - Tiled With Tub & Shower, Closet - Linen, Closet
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Wood, Balcony / Deck, Lighting - Overhead, Crown Molding
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Breakfast Bar / Nook, Gas Stove
  • Laundry Features: In Basement, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood, Lighting - Overhead, Crown Molding
  • Basement: Y
  • Living Area: 2564
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB9927
  • LIST PRICE PER Sq Ft: 838.53
  • PRICE PER Sq Ft: 858.03
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Deck
  • Common Walls: 2+ Common Walls
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Garage Door Opener, On Street, Deeded

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 475
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:00119 L:0005500002,3323075
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 166
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10804.19
  • Tax Book Number: 62507

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: Yes
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 28, 2024
Sold by
Hardin Joseph and Krishnamurthy Rajlakshmi
Bought by
Yun Minlan and Yun Zhiwei
Seller's Agent
Liz Bolton
RE/MAX Real Estate Center
Buyer's Agent
Dan Keating
Coldwell Banker Realty - Brookline
List Price
$2,150,000
Sold Price
$2,200,000
Premium/Discount to List
$50,000
2.33%
Views
12
Current Estimated Value
$2,268,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,765
Avg. Annual Appreciation
3.26%
Original Mortgage
$750,000
Outstanding Balance
$743,064
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$1,525,701

Purchase Details

Listed on
Jun 13, 2013
Closed on
Aug 23, 2013
Sold by
Rubin Fredric M and Monteith-Rubin Diana
Bought by
Hardin Joseph
Seller's Agent
Max Dublin
Gibson Sotheby's International Realty
Buyer's Agent
Liz Bolton
RE/MAX Real Estate Center
List Price
$1,225,000
Sold Price
$1,214,800
Premium/Discount to List
-$10,200
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$908,550
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2003
Sold by
Hudson Diane M
Bought by
Monteith-Rubin Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1999
Sold by
Davenport Townhouse
Bought by
Hudson Diane M
Source: Public Records

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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
Condominium Deed $2,200,000 None Available
Deed $1,214,800 --
Deed $725,000 --
Deed $479,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $724,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $878,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $898,850 Stand Alone Refi Refinance Of Original Loan
Previous Owner $908,550 Purchase Money Mortgage
Previous Owner $346,650 Adjustable Rate Mortgage/ARM
Previous Owner $350,000 No Value Available
Previous Owner $580,000 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Previous Owner $300,000 No Value Available
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2024 11/10/24 Rented $5,750 -17.3% --
10/01/2024 10/01/24 Price Changed $6,950 -7.3% $3 / Sq Ft
09/06/2024 09/06/24 Price Changed $7,500 -6.3% $3 / Sq Ft
08/17/2024 08/17/24 Price Changed $8,000 0.0% $3 / Sq Ft
07/02/2024 07/02/24 Sold $2,200,000 0.0% $858 / Sq Ft
07/02/2024 07/02/24 For Rent $8,500 0.0% --
05/08/2024 05/08/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $2,150,000 +77.0% $839 / Sq Ft
09/05/2013 09/05/13 Sold $1,214,800 -0.8% $474 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $1,225,000 -- $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 $14,216 $2,238,800 $0 $2,238,800
2024 $13,425 $2,267,800 $0 $2,267,800
2023 $12,012 $2,049,900 $0 $2,049,900
2022 $11,690 $1,974,600 $0 $1,974,600
2021 $11,272 $1,926,900 $0 $1,926,900
2020 $10,299 $1,791,100 $0 $1,791,100
2019 $9,884 $1,664,000 $0 $1,664,000
2018 $9,293 $1,477,500 $0 $1,477,500
2017 $9,192 $1,416,300 $0 $1,416,300
2016 $8,846 $1,265,500 $0 $1,265,500
2015 $8,786 $1,123,500 $0 $1,123,500
2014 $7,265 $866,900 $0 $866,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73231445

MLS Property Information Network (MLS PIN)

APN: CAMB-000119-000000-000055-000002