NOT LISTED FOR SALE

47 Homer Ave Unit 5-3 Cambridge, MA 02138

West Cambridge Neighborhood

Estimated Value: $636,000 - $959,000

2 Beds
1 Bath
794 Sq Ft
$941/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $416,000 $524 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,476/month

About This Home

As of June 2016

Location ! Location ! Location ! Updated sunny 2 bedroom, 1 bath, with 1 off street parking space located on the West Cambridge/East Watertown line. Heat and hot water included. Star Market, Sofra, Starbucks, and public transportation just steps away. Close to Fresh Pond Reservation, biking and running trails, Trader Joe's, and Whole Foods. Catch the 71 or 73 bus to the red line and Harvard Square. 2 large bedrooms with ample closet space, open concept remodeled kitchen with ss appliances, hardwood throughout, and a large living area with huge windows highlight the unit. Available April 1.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Jun 6, 2016
Sold by
Lee Kyu W
Bought by
Sachdeva Vipin and Sachdeva H
Seller's Agent
Jason Jeon
Compass
Buyer's Agent
Mandeep Kaur
Lamacchia Realty, Inc.
List Price
$429,000
Sold Price
$416,000
Premium/Discount to List
-$13,000
-3.03%
Current Estimated Value
$746,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,957
Avg. Annual Appreciation
6.47%
Original Mortgage
$395,200
Outstanding Balance
$318,967
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$414,233

Purchase Details

Closed on
Aug 26, 1987
Sold by
Zackin S Jermone
Bought by
Lee Kyu Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
10.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sachdeva Vipin $416,000 --
Lee Kyu Won $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sachdeva Vipin $395,200
Previous Owner Lee Kyu Won $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Rented $2,300 0.0% --
04/22/2020 04/22/20 Under Contract -- -- --
03/15/2020 03/15/20 For Rent $2,300 0.0% --
06/06/2016 06/06/16 Sold $416,000 -1.9% $524 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
04/27/2016 04/27/16 Price Changed $424,000 -1.2% $534 / Sq Ft
03/31/2016 03/31/16 For Sale $429,000 -- $540 / Sq Ft

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 $3,630 $571,700 $0 $571,700
2024 $3,311 $559,300 $0 $559,300
2023 $3,277 $559,200 $0 $559,200
2022 $3,265 $551,600 $0 $551,600
2021 $3,169 $541,700 $0 $541,700
2020 $3,087 $536,900 $0 $536,900
2019 $2,965 $499,100 $0 $499,100
2018 $2,391 $380,100 $0 $380,100
2017 $2,315 $356,700 $0 $356,700
2016 $2,238 $320,200 $0 $320,200
2015 $2,222 $284,100 $0 $284,100
2014 $2,201 $262,700 $0 $262,700
Source: Public Records

Agents Affiliated with this Home

  • Jay Najarian

    Seller's Agent in 2020

    Jay Najarian

    Benoit Real Estate Group ,LLC

    45 Total Sales

    Jay Najarian
    Section Image

  • C

    Buyer's Agent in 2020

    Charles Haritos

    Block Realty

    (207) 409-4670

    Section Image
  • Jason Jeon

    Seller's Agent in 2016

    Jason Jeon

    Compass

    (617) 642-5670

    86 Total Sales

    Jason Jeon
    Section Image
  • Mandeep Kaur

    Buyer's Agent in 2016

    Mandeep Kaur

    Lamacchia Realty, Inc.

    (617) 835-3021

    Section Image
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Map

Massachusetts Middlesex County Cambridge 02138 West Cambridge

47 Homer Ave Unit 5-3, Cambridge, MA

This home is located at 47 Homer Ave Unit 5-3, Cambridge, MA 02138 and is currently estimated at $746,957, approximately $940 per square foot. 47 Homer Ave Unit 5-3 is a home located in Middlesex County with nearby schools including Atrium School, Shady Hill School, and St. Stephen's Armenian Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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