NOT LISTED FOR SALE

Estimated Value: $692,000 - $861,000

2 Beds
2 Baths
1,000 Sq Ft
1926 Built

Last Sold May 31, 2024

Last sale price $767,000 $767 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,594/month

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Solid Surface Countertops
  • Hardy Elementary School Rated A
  • Wood Flooring
  • Jogging Path

About This Home

As of May 2024

Welcome to this spacious and modern condo. The entry porch leads to an open-concept dining/living room area. Steps to the well-equipped kitchen with stainless steel appliances, cherry cabinets and granite counters. The adjacent office offers versatility and a side entrance leading to a private yard for play and gardening. A first floor bedroom and updated full bath completes this main floor. The sunny lower level has a large, primary bedroom with ensuite bath. A washer and dryer are neatly tucked away in the utility / storage area with easy access to the outdoors. Off street tandem parking for two cars. The unit is in a well-established, two-unit condo association. Along the historic Alewife Brook, you will appreciate the bike and walking path, easy access to the Red Line T, and a short distance to a local playing field, playground and dog park. Convenient to shops, restaurants and transportation on Mass Ave. Easy access to Harvard and Kendall Squares, downtown Boston, and highways.

Last Agent to Sell the Property

Barbara Currier

Coldwell Banker Realty - Cambridge Listed on: 04/10/2024

Coldwell Banker Realty - Cambridge

Co-Listed By

Sally Cousins

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Laura Spence

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,620

Year Built

  • Built in 1926

Home Design

  • Entry on the 1st floor
  • Frame Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Decorative Lighting
  • Utility Room with Study Area
  • Basement
  • Laundry in Basement

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom located in the basement
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Porch
  • Garden

Listing and Financial Details

  • Assessor Parcel Number M:001.A B:0004 L:0040,4720121

Community Details

Overview

  • 2 Units
  • 38 40 Lafayette St. Condo Trust Community
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,620

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1926
  • Entry Level: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: Closet, Study
  • Entry Location: Unit Placement(Street,Ground)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - 3/4, Closet
  • Room Master Bedroom Level: Basement
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Basement
  • Bathroom 2 Features: Bathroom - 3/4, Bathroom - With Shower Stall
  • Room Dining Room Features: Flooring - Wood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Gas Stove, Lighting - Pendant
  • Laundry Features: In Basement, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood
  • Basement: Y
  • Living Area: 1000
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN6181
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Porch, Garden
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association

Lot Info

  • Parcel Number: M:001.A B:0004 L:0040,4720121
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5620

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2008
Sold by
Shannon Street Llc
Bought by
Mcgrath Thomas H
Current Estimated Value
$777,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,600
Outstanding Balance
$182,867
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$594,909
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgrath Thomas H $346,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Thomas H $282,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $767,000 +23.8% $767 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $619,500 0.0% $620 / Sq Ft
04/14/2024 04/14/24 Off Market $619,500 -- --
04/10/2024 04/10/24 For Sale $619,500 -- $620 / 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 $5,992 $556,400 $0 $556,400
2024 $5,620 $530,700 $0 $530,700
2023 $5,714 $509,700 $0 $509,700
2022 $5,669 $496,400 $0 $496,400
2021 $5,478 $483,100 $0 $483,100
2020 $5,269 $476,400 $0 $476,400
2019 $5,437 $482,900 $0 $482,900
2018 $5,209 $429,400 $0 $429,400
2017 $4,704 $374,500 $0 $374,500
2016 $4,794 $374,500 $0 $374,500
2015 $4,633 $341,900 $0 $341,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73222430

MLS Property Information Network (MLS PIN)

APN: ARLI-000001A-000004-000040