NOT LISTED FOR SALE

348 Franklin St Unit 3A Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $703,886 - $784,000

2 Beds
1 Bath
747 Sq Ft
$350/mo HOA Fee

Last Sold March 17, 2022

Last sale price $705,000 $944 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,869/month

2 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Central Square Station
  • Baseboard Heating
  • Cooling System Mounted In Outer Wall Opening
  • Shops
  • 4-minute walk to Carl F. Barron Plaza

About This Home

As of March 2022

Mid Century Modern Condominium complex in the heart of Central Square! Walls of windows offers plenty of natural sunlight with pleasant treetop views. 2 full bedrooms, 2 built in wall air conditioners, gleaming hardwood floors throughout, open kitchen, tiled bath & plenty of closet space. Located in an highly convenient location close to Central Sq, Harvard Sq, MIT ! There is laundry and a small private storage unit on the skylighted top floor of this professionally managed building. One assigned parking space in newly paved & fenced parking lot.Offer is due by Tuesday (Feb. 8)

Last Agent to Sell the Property

Jiahui Wang

Greenland Real Estate LLC Listed on: 01/29/2022

Last Buyer's Agent

Jiahui Wang

Greenland Real Estate LLC Listed on: 01/29/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 1962

HOA Fees

  • $350 Monthly HOA Fees

Interior Spaces

  • 747 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 2 Cooling Zones
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:00124 L:000630003A,407897

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 20 Units
  • Mid-Rise Condominium

Amenities

  • Shops

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,017

Year Built

Built in 1962

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1962
  • Buyer Agency: 1.5%
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1.5%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 747
  • Stories Total: 1
  • MAIN LO: AN0688
  • LIST PRICE PER Sq Ft: 935.74
  • PRICE PER Sq Ft: 943.78
  • MAIN SO: AN0688

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Driveway, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping
  • UNIT BUILDING: 3A
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:00124 L:000630003A,407897
  • Zoning: C2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 462

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3017
  • Tax Book Number: 63868

Multi Family

  • Number Of Units Total: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Mar 17, 2022
Sold by
Li Ye
Bought by
Pattabiraman Anupama and Namburi Praneeth
Seller's Agent
Jiahui Wang
Greenland Real Estate LLC
Buyer's Agent
Jiahui Wang
Greenland Real Estate LLC
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Current Estimated Value
$766,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,453
Avg. Annual Appreciation
1.92%
Original Mortgage
$455,000
Outstanding Balance
$428,445
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$323,396

Purchase Details

Closed on
Dec 8, 2018
Sold by
Li Ye and Wang Rui
Bought by
Li Ye

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jul 3, 2014
Sold by
Shen Junhua
Bought by
Li Ye and Wang Rui
Seller's Agent
Jessica Ye
Keller Williams Realty Boston Northwest
Buyer's Agent
Susanne McInerney
eXp Realty
List Price
$349,000
Sold Price
$375,437
Premium/Discount to List
$26,437
7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Apr 1, 2010
Sold by
Briggs Kristine
Bought by
Shen Junhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1998
Sold by
Emanuele Michael and Emanuele Rose M
Bought by
Lent Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1997
Sold by
Jocus Peter T
Bought by
Emanuele Rose M and Emanuele Michael
Source: Public Records

Range of Values:

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Average Value
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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
Pattabiraman Anupama $705,000 None Available
Li Ye -- --
Li Ye $375,437 --
Shen Junhua $273,000 --
Lent Richard H $110,000 --
Emanuele Rose M $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pattabiraman Anupama $455,000
Previous Owner Shen Junhua $26,500
Previous Owner Shen Junhua $203,000
Previous Owner Shen Junhua $210,400
Previous Owner Jocus Peter T $222,750
Previous Owner Jocus Peter T $200,000
Previous Owner Shen Junhua $204,750
Previous Owner Jocus Peter T $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $705,000 +0.9% $944 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $699,000 0.0% $936 / Sq Ft
09/11/2020 09/11/20 Rented $1,900 0.0% --
09/10/2020 09/10/20 Under Contract -- -- --
09/07/2020 09/07/20 Price Changed $1,900 -9.5% $3 / Sq Ft
08/29/2020 08/29/20 Price Changed $2,100 -8.7% $3 / Sq Ft
08/21/2020 08/21/20 Price Changed $2,300 -4.2% $3 / Sq Ft
08/07/2020 08/07/20 For Rent $2,400 -11.1% --
09/01/2019 09/01/19 Rented $2,700 0.0% --
08/22/2019 08/22/19 Under Contract -- -- --
07/30/2019 07/30/19 For Rent $2,700 +28.6% --
09/05/2017 09/05/17 Rented $2,100 -6.7% --
09/01/2017 09/01/17 Price Changed $2,250 -8.2% $3 / Sq Ft
08/23/2017 08/23/17 Price Changed $2,450 -2.0% $3 / Sq Ft
08/11/2017 08/11/17 For Rent $2,500 0.0% --
07/03/2014 07/03/14 Sold $375,437 0.0% $503 / Sq Ft
06/13/2014 06/13/14 Off Market $375,437 -- --
06/03/2014 06/03/14 For Sale $349,000 -- $467 / 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 $3,430 $540,200 $0 $540,200
2024 $3,119 $526,800 $0 $526,800
2023 $3,121 $532,600 $0 $532,600
2022 $3,111 $525,500 $0 $525,500
2021 $3,017 $515,800 $0 $515,800
2020 $2,933 $510,100 $0 $510,100
2019 $2,817 $474,300 $0 $474,300
2018 $2,809 $436,500 $0 $436,500
2017 $2,601 $400,800 $0 $400,800
2016 $2,488 $356,000 $0 $356,000
2015 $2,327 $297,600 $0 $297,600
2014 $2,302 $274,700 $0 $274,700
Source: Public Records

Agents Affiliated with this Home

  • Jiahui Wang

    Seller's Agent in 2022

    Jiahui Wang

    Greenland Real Estate LLC

    (617) 447-7247

    1 in this area

    11 Total Sales

    Section Image
  • Susanne McInerney

    Seller's Agent in 2020

    Susanne McInerney

    eXp Realty

    (617) 413-4550

    36 Total Sales

    Section Image
  • Ryan Drowne

    Buyer's Agent in 2019

    Ryan Drowne

    Coldwell Banker Realty - Boston

    (508) 472-1548

    10 Total Sales

    Section Image
  • Jessica Ye

    Seller's Agent in 2014

    Jessica Ye

    Keller Williams Realty Boston Northwest

    (617) 839-6719

    79 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72937857

MLS Property Information Network (MLS PIN)

APN: CAMB-000124-000000-000063-000003A

Massachusetts Middlesex County Cambridge 02139 Riverside

348 Franklin St Unit 3A, Cambridge, MA

This home is located at 348 Franklin St Unit 3A, Cambridge, MA 02139 since 29 January 2022 and is currently estimated at $753,472, approximately $1,008 per square foot. This property was built in 1962. 348 Franklin St Unit 3A is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Saint Paul's Choir 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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