$1,800,000
SOLD OCT 28, 2015

342 Concord Ave Cambridge, MA 02138

West Cambridge Neighborhood
5 Beds
6 Baths
3,230 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$557 Per Sq Ft

23% Above List Price

8 Days on Market

About This Home

As of October 2021

On a corner lot at the edge of Huron Village, this two-family house was thoroughly renovated in 2006. Both units have open floor plans, gas fireplaces & kitchens with granite counters & stainless steel appliances. Unit #1 has two bedrooms & two full baths on the main level. The partially finished lower level of Unit #1 has a fabulous playroom/office with a full bath, as well as a large unfinished area for laundry & storage. Unit #2 has three bedrooms and two baths spread out over two floors. The top floor is home to a stunning private master suite with sitting room, fireplace, and spa bath. There are two private decks and laundry in the unit. And finally, at the lower level there is a separate space with a private entrance and a full bath for use as a home office or workout room. The private, fenced yard has an irrigation system, storage shed & there is off street pkg for 2-3 cars. Close to public transportation, shops & restaurants, this property has a walk score of 82- very walkable!

Last Agent to Sell the Property

Lisa May

Gibson Sotheby's International Realty Listed on: 09/09/2015

Gibson Sotheby's International Realty

Last Buyer's Agent

Paul Payson

Payson Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,935

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Corner, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Number of Rooms: 16
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Bike Path, Conservation Area, Highway Access
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood
  • Basement: Full, Partially Finished, Walk Out, Interior Access, Sump Pump

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch, Deck, Patio, Storage Shed, Sprinkler System, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: Res

Multi Family

  • Cooling Units: 2
  • Expenses Year End: 12/15
  • Foundation: 9999
  • Heat Units: 2
  • Sq Ft Incl Bsmt: Yes
  • Total Bedrooms: 5
  • Total Fireplaces: 3
  • Total Floors: 3
  • Total Full Baths: 6
  • Total Levels: 4
  • Total Rms: 16

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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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 Type Sale Price Title Company
Deed $1,517,500 --
Deed $679,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Purchase Money Mortgage
Previous Owner $929,000 Purchase Money Mortgage
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: 71901144

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 and is currently priced at $1,800,000, approximately $557 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.

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