NOT LISTED FOR SALE

388 Norfolk St Unit 2 Cambridge, MA 02139

Wellington-Harrington Neighborhood

Estimated Value: $846,000 - $1,284,000

1 Bed
2 Baths
1,378 Sq Ft
2006 Built

Last Sold October 26, 2016

Last sale price $725,000 $526 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,184/month

7 Days on Market

About This Home

As of October 2016

This Nantucket-style cottage is a free-standing condo with vaulted ceilings, skylights, a wonderful open floor plan and a fully finished lower level! On the first floor, there is an open plan living/dining area, a cook's kitchen with maple cabinets, granite countertops, stainless steel appliances, a large bedroom with a walk-in closet, and a lovely tiled bath with plentiful storage. The large finished lower level has a half bath, laundry and a flexible open space for a home office, family room or media room. Amenities include walk-in closets, a private deck and yard, and off-street parking. All this on a quiet, residential side street in Inman Square, just minutes to restaurants and shops, MIT, Harvard Square and Kendall Square. Central Square red line stop is a 15 minute walk and the future proposed Union Square green line stop will be just a 6 minute walk. Offers, if any, are due on Tuesday, September 20th at 2pm.

Last Agent to Sell the Property

Lisa Drapkin

Compass Listed on: 09/14/2016

Compass

Last Buyer's Agent

Lara Gordon

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,466

Year Built

2006

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Back
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor
  • Bathroom #2: Basement
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Skylight, Ceiling - Cathedral, Closet - Walk-in, Recessed Lighting
  • Oth1 Room Name: Media Room
  • Oth1 Dscrp: Closet - Walk-in, Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Oth1 Level: Basement
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Deck - Composite, Fenced Yard, Garden Area, Professional Landscaping

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Individual
  • Heating: Hot Water Baseboard, Gas
  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

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

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: Res

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Oct 26, 2016
Sold by
Kohen Stephen M and Rempel Jane
Bought by
Beltrani Paolo
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Lara Gordon
Gibson Sotheby's International Realty
List Price
$625,000
Sold Price
$725,000
Premium/Discount to List
$100,000
16%
Current Estimated Value
$1,068,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,930
Avg. Annual Appreciation
3.58%
Original Mortgage
$225,000
Outstanding Balance
$113,346
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$878,319

Purchase Details

Closed on
Jun 26, 2008
Sold by
Hattaway Douglas and Barrios Jarrett
Bought by
Kohen Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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
Beltrani Paolo $725,000 --
Kohen Stephen M $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beltrani Paolo $225,000
Previous Owner Kohen Stephen M $232,000
Previous Owner Kohen Stephen M $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $725,000 +16.0% $526 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $625,000 0.0% $454 / Sq Ft
07/09/2015 07/09/15 Rented $2,975 0.0% --
07/09/2015 07/09/15 For Rent $2,975 -- --
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 $6,466 $1,018,300 $0 $1,018,300
2024 $5,734 $968,600 $0 $968,600
2023 $5,513 $940,700 $0 $940,700
2022 $5,472 $924,300 $0 $924,300
2021 $5,266 $900,100 $0 $900,100
2020 $4,958 $862,300 $0 $862,300
2019 $4,564 $768,300 $0 $768,300
2018 $2,322 $700,300 $0 $700,300
2017 $3,928 $605,200 $0 $605,200
2016 $3,730 $533,600 $0 $533,600
2015 $3,702 $473,400 $0 $473,400
2014 $3,578 $427,000 $0 $427,000
Source: Public Records

Agents Affiliated with this Home

  • Lisa Drapkin

    Seller's Agent in 2016

    Lisa Drapkin

    Compass

    (617) 930-1288

    1 in this area

    42 Total Sales

    Lisa Drapkin
    Section Image
  • Lara Gordon

    Buyer's Agent in 2016

    Lara Gordon

    Gibson Sothebys International Realty

    (617) 710-4632

    2 in this area

    88 Total Sales

    Lara Gordon
    Section Image

  • A

    Seller's Agent in 2015

    Andrea Blum

    Coldwell Banker Realty - Cambridge

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72067436

MLS Property Information Network (MLS PIN)

APN: CAMB-000082-000000-000060-000002

Massachusetts Middlesex County Cambridge 02139 Wellington-Harrington

388 Norfolk St Unit 2, Cambridge, MA

This home is located at 388 Norfolk St Unit 2, Cambridge, MA 02139 since 14 September 2016 and is currently estimated at $1,068,930, approximately $775 per square foot. This property was built in 2006. 388 Norfolk St Unit 2 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School.

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