NOT LISTED FOR SALE

Estimated Value: $2,283,617 - $2,912,000

4 Beds
4 Baths
3,198 Sq Ft
$806/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $2,160,000 $675 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $14,904/month

7 Days on Market

Highlights

  • Medical Services
  • 2 Fireplaces
  • Park
  • Property is near public transit and schools
  • Tennis Courts
  • 2-minute walk to Joan Lorentz Park

About This Home

As of August 2022

A highly desirable nineteenth century home in an advantageous location, offering income potential for the discerning buyer or someone looking to create a single family home. Fine features of this multi family property include marble mantles, large windows, hardwood floors, exposed brick, and other period finishes. The first unit spans across the first floor and lower level and offers an expansive living room with ornamental fireplace and custom built-ins. The dining room has an ornamental fireplace as well. There is a galley kitchen, two bedrooms and two bathrooms, plus a family room and laundry. The second and third units offer spacious living areas, a bedroom and bathroom. Outside there is parking for three cars and yard space. Immediate access to Joan Lorentz Park, Cambridge Public Library & Playground,, tennis courts, and so much more. Within a half-mile radius of Harvard Square, museums, and coffee shops.

Last Agent to Sell the Property

Gail Roberts, Ed Feijo & Team

Coldwell Banker Realty - Cambridge Listed on: 06/13/2022

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Currier, Lane & Young

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,170

Year Built

  • Built in 1873

Lot Details

  • 2,671 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3,198 Sq Ft Home
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number 409238

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,170

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1873
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 3198
  • Stories Total: 6
  • MAIN LO: AN6181
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone, Brick/Mortar
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 409238
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2671
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10170.38

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 31, 2022
Sold by
Rufus M Perkins T M and Rufus Porter
Bought by
Venkatachalam Vivek and Balakrishnan Jennifer
Seller's Agent
Gail Roberts, Ed Feijo & Team
Coldwell Banker Realty - Cambridge
Buyer's Agent
Currier, Lane & Young
Compass
List Price
$2,000,000
Sold Price
$2,160,000
Premium/Discount to List
$160,000
8%
Views
2
Current Estimated Value
$2,576,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,904
Avg. Annual Appreciation
5.31%
Original Mortgage
$1,728,000
Outstanding Balance
$1,645,739
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$931,165

Purchase Details

Closed on
Sep 15, 2008
Sold by
Perkins Rufus M
Bought by
Rufus M Perkins T M and Rufus Perkins
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
Venkatachalam Vivek $2,160,000 None Available
Rufus M Perkins T M -- --
Rufus M Perkins T M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkatachalam Vivek $1,728,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $2,160,000 +8.0% $675 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $2,000,000 -- $625 / 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 $18,273 $2,877,600 $856,200 $2,021,400
2024 $16,332 $2,758,700 $912,000 $1,846,700
2023 $13,477 $2,299,900 $929,200 $1,370,700
2022 $12,514 $2,113,900 $917,600 $1,196,300
2021 $11,576 $1,978,800 $855,300 $1,123,500
2020 $11,195 $1,946,900 $838,300 $1,108,600
2019 $10,504 $1,768,400 $736,300 $1,032,100
2018 $10,077 $1,602,100 $665,500 $936,600
2017 $9,918 $1,528,200 $651,400 $876,800
2016 $9,476 $1,355,700 $546,600 $809,100
2015 $9,212 $1,178,000 $473,000 $705,000
2014 $8,836 $1,054,400 $407,800 $646,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72996772

MLS Property Information Network (MLS PIN)

APN: CAMB-000139-000000-000036