40 Sherman St Cambridge, MA 02138
Neighborhood Nine NeighborhoodEstimated Value: $1,243,000 - $1,783,000
3
Beds
3
Baths
1,292
Sq Ft
$1,218/Sq Ft
Est. Value
About This Home
As of May 2020Nestled between Avon & Observatory Hills, this thoughtfully laid out & well-maintained property is ready for you to make it home! The first floor provides an excellent living space equipped with gas fireplace, study nook, and a large eat-in kitchen with mudroom overlooking the private back yard. Continuing on the first floor off the kitchen you have a powder room with stackable washer/dryer and a first floor master bedroom with en-suite bath. Upstairs features two bedrooms with another full bath. The outdoor space is wonderful with a finished patio, fenced in yard, & extensive garden that's was featured in the Cambridge Library's 2018 "Secret Garden Tour." Split level A/C units throughout the home provide cooling & supplemental heat to the gas furnace. The roof was equipped with solar panels in 2017 making this home very energy efficient. Parking for two cars tandem in paved driveway.
Last Agent to Sell the Property
Evan Delaney
Bulfinch - Back Bay Listed on: 03/10/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,684
Year Built
- Built in 1890
Lot Details
- Property is zoned C1
Eco-Friendly Details
- Solar Assisted Cooling System
- Heating system powered by active solar
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:00205 L:00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2020
Closed on
May 23, 2020
Sold by
40 Sherman Street Llc
Bought by
Spring and Liu Jiahui
Seller's Agent
Evan Delaney
Bulfinch - Back Bay
Buyer's Agent
Yan Zhao
HMW Real Estate, LLC
List Price
$1,075,000
Sold Price
$1,138,888
Premium/Discount to List
$63,888
5.94%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,285
Avg. Annual Appreciation
6.62%
Original Mortgage
$911,110
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 29, 2016
Closed on
Dec 30, 2016
Sold by
40 Sherman Street Rt
Bought by
40 Sherman Street Llc
Seller's Agent
Robert Mailhoit
Lyv Realty
Buyer's Agent
Robert Mailhoit
Lyv Realty
List Price
$699,900
Sold Price
$640,000
Premium/Discount to List
-$59,900
-8.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.41%
Purchase Details
Closed on
Jul 17, 2014
Sold by
Mallhoit Christine A and Doty Michael J
Bought by
40 Sherman Street Rt and Mallhoit Christine A
Purchase Details
Closed on
Jun 18, 2014
Sold by
Doty Marguerite F
Bought by
Doty Michael J and Mallhoit Christine A
Purchase Details
Closed on
Jul 11, 1979
Bought by
Mallhoit Christine A
Similar Homes in Cambridge, MA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spring | $1,138,888 | None Available | |
| 40 Sherman Street Llc | $640,000 | -- | |
| 40 Sherman Street Rt | -- | -- | |
| Doty Michael J | -- | -- | |
| Mallhoit Christine A | $38,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spring-Liu Jiahui | $690,000 | |
| Closed | Spring | $911,110 | |
| Previous Owner | Doty Marguerite F | $30,000 | |
| Previous Owner | Mallhoit Christine A | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2020 05/26/20 | Sold | $1,138,888 | +5.9% | $881 / Sq Ft |
| 03/18/2020 03/18/20 | Pending | -- | -- | -- |
| 03/10/2020 03/10/20 | For Sale | $1,075,000 | +68.0% | $832 / Sq Ft |
| 12/30/2016 12/30/16 | Sold | $640,000 | -8.6% | $611 / Sq Ft |
| 11/04/2016 11/04/16 | Pending | -- | -- | -- |
| 09/29/2016 09/29/16 | For Sale | $699,900 | -- | $668 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,684 | $1,210,000 | $555,600 | $654,400 |
| 2024 | $7,137 | $1,205,500 | $578,800 | $626,700 |
| 2023 | $6,629 | $1,131,300 | $589,100 | $542,200 |
| 2022 | $6,270 | $1,059,200 | $578,800 | $480,400 |
| 2021 | $5,356 | $915,600 | $566,300 | $349,300 |
| 2020 | $5,279 | $918,000 | $586,500 | $331,500 |
| 2019 | $5,151 | $867,200 | $584,000 | $283,200 |
| 2018 | $3,958 | $629,300 | $514,200 | $115,100 |
| 2017 | $4,268 | $657,700 | $503,900 | $153,800 |
| 2016 | $4,336 | $620,300 | $472,800 | $147,500 |
| 2015 | $4,262 | $545,000 | $413,400 | $131,600 |
| 2014 | $4,120 | $491,600 | $361,800 | $129,800 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Evan Delaney
Bulfinch - Back Bay
-
Yan Zhao
Y
Buyer's Agent in 2020
Yan Zhao
HMW Real Estate, LLC
(774) 567-0348
16 Total Sales
-
Seller's Agent in 2016
Robert Mailhoit
Lyv Realty
(800) 844-7653
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72630742
APN: CAMB-000205-000000-000016
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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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