NOT LISTED FOR SALE

342 Concord Ave Cambridge, MA 02138

West Cambridge Neighborhood

Estimated Value: $2,377,000 - $3,931,000

5 Beds
6 Baths
3,712 Sq Ft
$789/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $2,130,000 $574 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $16,707/month

6 Days on Market

About This Home

As of October 2021

Beautiful 2 family close to Huron Village. Nicely landscaped corner lot w/ fenced yard space & driveway parking for 2-3 cars. Both units feature kitchens w/ range hoods, gas cooking, granite countertops, breakfast bars, maple cabinets & stainless steel appliances. Unit 1 Main level boasts a grand open floor plan, living room w/ gas fire place, dining area, 2 bedrooms & 2 baths. En suite master bath w/ lovely soaking tub & separate shower. Gorgeous LL offers large family room/guest space w/ full bath. Access to storage & laundry in unfinished basement area. Unit 2 Main level features grand open plan, living room w/ gas fire place, dining area, kitchen & 2 bedrooms, 1 full bath. Top floor has private master suite w/ a gas fireplace, luxurious en suite bath, skylight, soaking tub, double sinks & separate shower. In-unit laundry & 2 private decks. BONUS! Unit 2 also has an entire 2 room, 1 bath suite w/ priv. entrance on finished LL. Solar panels provide electric to Unit 2 & LL suite.

Last Agent to Sell the Property

Patti Reilly Team

RE/MAX Real Estate Center Listed on: 09/15/2021

Last Buyer's Agent

The Goodrich Team

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,935

Year Built

  • 1915

Lot Details

  • 4,356

Interior Spaces

  • Property has 2 Levels

Utilities

  • 5 Cooling Zones
  • 5 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,935

Year Built

1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Concord Ave and Fayerweather St. Please park on Fayerweather. Property driveway is on Fayerweather.
  • Garage Yn: No
  • Efficiency: Thermostat
  • Green Power: Solar
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1915

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,Vent Hood), Unit 2(Range,Wall Oven,Dishwasher,Microwave,Refrigerator,Washer,Dryer,Vent Hood), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Has Basement: Full, Partially Finished, Interior Entry, Sump Pump, Concrete
  • Fireplace Features: Unit 1(Fireplace - Natural Gas), Unit 2(Fireplace - Natural Gas)
  • Total Bathrooms: 6
  • MAIN LO: BB9927
  • LIST PRICE PER Sq Ft: 579.2
  • PRICE PER Sq Ft: 573.81
  • MAIN SO: AN2383
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Fireplaces: 3
  • Flooring: Wood,Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Crown Molding,Stone/Granite/Solid Counters,Bathroom with Shower Stall,Bathroom With Tub & Shower,Open Floor Plan,Programmable Thermostat), Unit 2(Crown Molding,Stone/Granite/Solid Counters,Bathroom with Shower Stall,Bathroom With Tub & Shower,Open Floor Plan,Programmable Thermostat), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Other (See Remarks))
  • Spa Features: Unit 2 Jacuzzi/Whirlpool Soaking Tub
  • Private Spa: Yes
  • Stories: 4

Exterior Features

  • Roof: Shingle, Rubber
  • Exterior Features: Storage, Garden
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Lower Unit 1 & Exterior Were Inspected In 2016 For Lead Paint, No Lead Paint Was Found. Upper Unit 2 Was Not Inspected. See Report Attached. Rubber Membrane Roof Under Solar Panels Replaced In 2016.
  • Fencing: Fenced
  • Home Warranty: No
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Deck - Wood
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Deeded, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Unit 1(Central Air), Unit 2(Central Air,Individual)
  • Heating: Unit 1(Forced Air,Gas,Individual,Unit Control), Unit 2(Forced Air,Gas)
  • HEAT UNITS: 3
  • HEAT ZONES: 5
  • COOLING ZONES: 5
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • LOT SIZE: 4414
  • PAGE: 478
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: B

Multi Family

  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • COOLING UNITS: 3
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 10167
  • Tax Book Number: 66293
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2006
Sold by
Granahan-Frankli Julianne and Franklin Merek S
Bought by
Bakken Marjorie P and Bakken Martha C
Current Estimated Value
$2,927,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2005
Sold by
Daly Janice A and Daly William H
Bought by
Granahan-Franklin J and Franklin Merek S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$929,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bakken Marjorie P $1,517,500 --
Granahan-Franklin J $679,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yim Man H $1,704,000
Closed Lacika Jesse $1,141,000
Closed Lacika Jesse $1,140,000
Closed Bakken Marjorie P $618,000
Closed Bakken Marjorie P $15,000
Closed Bakken Marjorie P $597,000
Closed Bakken Marjorie P $600,000
Previous Owner Granahan-Franklin J $929,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $2,130,000 -0.9% $574 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $2,150,000 +19.4% $579 / Sq Ft
10/28/2015 10/28/15 Sold $1,800,000 +22.6% $557 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $1,468,000 -- $454 / 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 $14,935 $2,351,900 $774,100 $1,577,800
2024 $13,769 $2,325,900 $806,500 $1,519,400
2023 $12,806 $2,185,400 $820,900 $1,364,500
2022 $12,977 $2,192,000 $806,500 $1,385,500
2021 $12,419 $2,122,900 $789,100 $1,333,800
2020 $12,186 $2,119,300 $810,100 $1,309,200
2019 $11,522 $1,939,800 $705,700 $1,234,100
2018 $9,524 $1,811,900 $615,700 $1,196,200
2017 $11,350 $1,748,800 $604,900 $1,143,900
2016 $12,407 $1,775,000 $543,700 $1,231,300
2015 $12,263 $1,568,200 $475,300 $1,092,900
2014 $11,365 $1,356,200 $378,100 $978,100
Source: Public Records

Agents Affiliated with this Home

  • Patti Reilly Team

    Seller's Agent in 2021

    Patti Reilly Team

    RE/MAX Real Estate Center

    1 in this area

    74 Total Sales

    Patti Reilly Team
    Section Image
  • The Goodrich Team

    Buyer's Agent in 2021

    The Goodrich Team

    Compass

    (617) 398-4444

    1 in this area

    454 Total Sales

    The Goodrich Team
    Section Image
  • Lisa May

    Seller's Agent in 2015

    Lisa May

    Gibson Sothebys International Realty

    (617) 429-3188

    28 in this area

    124 Total Sales

    Lisa May
    Section Image

  • P

    Buyer's Agent in 2015

    Paul Payson

    Payson Realty

    (617) 645-3166

    31 Total Sales

    Paul Payson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72895608

MLS Property Information Network (MLS PIN)

APN: CAMB-000263-000000-000025

Massachusetts Middlesex County Cambridge 02138 West Cambridge

342 Concord Ave, Cambridge, MA

This home is located at 342 Concord Ave, Cambridge, MA 02138 since 15 September 2021 and is currently estimated at $2,927,836, approximately $788 per square foot. This property was built in 1915. 342 Concord Ave is a home located in Middlesex County with nearby schools including Benjamin Banneker Charter Public School, Cambridge Montessori School, and St Peter 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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