NOT LISTED FOR SALE

388 Norfolk St Unit 1 Cambridge, MA 02139

Wellington-Harrington Neighborhood

Estimated Value: $1,372,000 - $1,864,268

3 Beds
3 Baths
2,183 Sq Ft
1886 Built

Last Sold August 15, 2013

Last sale price $910,000 $417 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,897/month

7 Days on Market

About This Home

As of August 2013

Elegant free standing home beautifully renovated with the original character in tact. Open plan living & dining room has an awesome 2-sided fireplace. Eat-in gourmet kitchen has black granite counters & stainless appliances. 2nd floor family room with vaulted ceiling. Amenities include an oversized deck, laundry, basement storage, parking for 2 cars & landscaped grounds. 2-unit association - master Insurance is only shared expense. New roof in '03. Close to Inman, Kendall, Union & Central Sq!

Last Agent to Sell the Property

Lisa Drapkin

Compass Listed on: 05/29/2013

Compass

Last Buyer's Agent

Max Dublin

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,480

Year Built

1886

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1886

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Tile, Hardwood
  • Interior Amenities: Security System, Cable Available
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Closet - Walk-in, Closet, Flooring - Hardwood, Recessed Lighting
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck, Garden Area

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 2

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Condominium Name: 388 Norfok Street Condominium
  • Association Fee Includes: Master Insurance
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 15, 2013
Sold by
Thomas Suma
Bought by
Schachter David B and Seares Carrie H
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Max Dublin
Gibson Sotheby's International Realty
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Current Estimated Value
$1,704,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,567
Avg. Annual Appreciation
5.23%
Original Mortgage
$728,000
Outstanding Balance
$537,985
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,166,582

Purchase Details

Closed on
Jun 20, 2008
Sold by
Hattaway Douglas and Barrios Jarrett
Bought by
Thomas Suma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Schachter David B $910,000 --
Thomas Suma A $777,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schachter David B $728,000
Previous Owner Thomas Suma A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $910,000 +1.2% $417 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $899,000 -- $412 / 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 $11,480 $1,807,900 $0 $1,807,900
2024 $10,787 $1,822,200 $0 $1,822,200
2023 $9,728 $1,660,000 $0 $1,660,000
2022 $9,133 $1,605,100 $0 $1,605,100
2021 $9,133 $1,561,200 $0 $1,561,200
2020 $8,360 $1,453,900 $0 $1,453,900
2019 $8,020 $1,350,200 $0 $1,350,200
2018 $5,765 $1,231,800 $0 $1,231,800
2017 $7,616 $1,173,500 $0 $1,173,500
2016 $7,451 $1,065,900 $0 $1,065,900
2015 $7,399 $946,100 $0 $946,100
2014 $7,156 $853,900 $0 $853,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Drapkin

    Seller's Agent in 2013

    Lisa Drapkin

    Compass

    (617) 930-1288

    2 in this area

    69 Total Sales

    Lisa Drapkin
    Section Image
  • Max Dublin

    Buyer's Agent in 2013

    Max Dublin

    Gibson Sothebys International Realty

    (617) 230-7615

    2 in this area

    142 Total Sales

    Max Dublin
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71533036

MLS Property Information Network (MLS PIN)

APN: CAMB-000082-000000-000060-000001

Massachusetts Middlesex County Cambridge 02139 Wellington-Harrington

388 Norfolk St Unit 1, Cambridge, MA

Not Listed for Sale

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