NOT LISTED FOR SALE

Estimated Value: $1,830,000 - $2,601,918

8 Beds
11 Baths
2,971 Sq Ft
$753/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $1,650,000 $555 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $12,882/month

47 Days on Market

About This Home

As of October 2024

Rare opportunity for an investor, contractor or end user to realize value for this multi family near Central Square in Cambridge. Many updates like 4 Mini Split AC system. highly sought after neighborhood close to T, MIT, Harvard, Wholefoods, Memorial Drive & The Charles River.

Last Agent to Sell the Property

Alex Wang

Hestia Listed on: 04/17/2024

Last Buyer's Agent

Alex Wang

Hestia Listed on: 04/17/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,201

Year Built

  • Built in 1920

Lot Details

  • 3,505 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Quadruplex
  • Stone Foundation

Interior Spaces

  • 2,971 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 11 Full Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number M:00104 L:00088,404969

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,201

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1920
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 11
  • Total Bathrooms: 11
  • Basement: Full
  • Living Area: 2971
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6089
  • MAIN SO: AN6089

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00104 L:00088,404969
  • Zoning: BA-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3505
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12201

Multi Family

  • Number Of Units Total: 4
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Oct 3, 2024
Sold by
Gao Quinn and Sun Mei
Bought by
Feng Peng and Luo Jianqing
Seller's Agent
Alex Wang
Hestia
Buyer's Agent
Alex Wang
Hestia
List Price
$1,990,000
Sold Price
$1,650,000
Premium/Discount to List
-$340,000
-17.09%
Views
31
Current Estimated Value
$2,236,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,480
Avg. Annual Appreciation
29.40%
Original Mortgage
$1,815,000
Outstanding Balance
$1,796,313
Interest Rate
6.46%
Mortgage Type
Construction
Estimated Equity
$440,167

Purchase Details

Closed on
Mar 17, 2010
Sold by
Gao Quing Sheng
Bought by
Gao Qingsheng and Sun Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 1999
Sold by
Haghayeghi Shahla and Lavi Atta
Bought by
Gao Quing Sheng and Sun Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,480
Interest Rate
7.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 1997
Sold by
Kim Young and Kim Chung
Bought by
Gao Ru Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.97%
Mortgage Type
Commercial
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
Feng Peng $1,650,000 None Available
Feng Peng $1,650,000 None Available
Feng Peng $1,650,000 None Available
Gao Qingsheng -- --
Gao Qingsheng -- --
Gao Quing Sheng $537,200 --
Gao Ru Wen $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Peng $1,815,000
Closed Feng Peng $1,815,000
Previous Owner Gao Ru Wen $480,000
Previous Owner Gao Ru Wen $483,480
Previous Owner Gao Ru Wen $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $1,650,000 -12.2% $555 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $1,880,000 -5.5% $633 / Sq Ft
04/17/2024 04/17/24 For Sale $1,990,000 -- $670 / 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 $13,819 $2,176,200 $798,300 $1,377,900
2024 $12,201 $2,060,900 $1,030,500 $1,030,400
2023 $11,844 $2,021,200 $1,030,500 $990,700
2022 $10,977 $1,854,200 $963,000 $891,200
2021 $11,132 $1,902,900 $909,000 $993,900
2020 $10,131 $1,761,900 $877,500 $884,400
2019 $9,429 $1,587,300 $763,200 $824,100
2018 $8,914 $1,417,200 $663,800 $753,400
2017 $8,363 $1,288,600 $630,000 $658,600
2016 $8,383 $1,199,300 $481,500 $717,800
2015 $8,069 $1,031,900 $387,000 $644,900
2014 $7,819 $933,100 $360,000 $573,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73224795

MLS Property Information Network (MLS PIN)

APN: CAMB-000104-000000-000088