NOT LISTED FOR SALE

48 8th St Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $1,296,000 - $1,502,000

4 Beds
3 Baths
1,700 Sq Ft
$830/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $440,000 $259 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $7,981/month

24 Days on Market

About This Home

As of February 2013

SIDE BY SIDE 2 family close to INMAN.2 bedrooms upstairs both units. All information is gathered from public record and should be verified by buyer. Buyer to perform any/all due diligence.

Last Agent to Sell the Property

David Oliveri

William Raveis R.E. & Home Services Listed on: 01/22/2013

William Raveis R.E. & Home Services

Last Buyer's Agent

Howard Lee

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,967

Year Built

1873

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 2.75
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1873

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9

Exterior Features

  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking Spaces: 0

Lot Info

  • Assessor Parcel Number: M:00033 L:00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2014
Sold by
Luo Mai
Bought by
Taraz Ramin and Taraz Hengameh M
Current Estimated Value
$1,411,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$451,559
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$959,475

Purchase Details

Listed on
Jan 22, 2013
Closed on
Feb 15, 2013
Sold by
Lex Special Assets Llc
Bought by
Luo Mai
Seller's Agent
David Oliveri
William Raveis R.E. & Home Services
Buyer's Agent
Howard Lee
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$469,900
Sold Price
$440,000
Premium/Discount to List
-$29,900
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$330,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2013
Closed on
Jan 18, 2013
Sold by
Dotten Aram A and Lex Special Assets Llc
Bought by
Lex Special Assets Llc
Seller's Agent
David Oliveri
William Raveis R.E. & Home Services
Buyer's Agent
Howard Lee
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$469,900
Sold Price
$440,000
Premium/Discount to List
-$29,900
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2006
Sold by
Andrade Ft and Correia
Bought by
Dotten Aram A and Mcausland Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1991
Sold by
Giles Marjorie L
Bought by
Giles Norman T and Giles Marsha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.41%
Mortgage Type
Purchase Money Mortgage
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
Taraz Ramin $800,000 --
Taraz Ramin $800,000 --
Luo Mai $440,000 --
Luo Mai $440,000 --
Lex Special Assets Llc $429,900 --
Lex Special Assets Llc $429,900 --
Dotten Aram A $489,000 --
Dotten Aram A $489,000 --
Giles Norman T $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taraz Ramin $600,000
Closed Giles Norman T $600,000
Previous Owner Luo Mai $330,000
Previous Owner Dotten Aram A $391,200
Previous Owner Giles Norman T $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $440,000 -6.4% $259 / Sq Ft
01/22/2013 01/22/13 For Sale $469,900 -- $276 / 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 $6,967 $1,097,200 $572,800 $524,400
2024 $6,671 $1,126,800 $622,000 $504,800
2023 $6,054 $1,033,100 $593,900 $439,200
2022 $5,943 $1,003,900 $607,200 $396,700
2021 $5,729 $979,300 $595,800 $383,500
2020 $5,622 $977,800 $601,500 $376,300
2019 $5,555 $935,200 $589,900 $345,300
2018 $5,090 $809,300 $489,200 $320,100
2017 $4,808 $740,900 $437,400 $303,500
2016 $4,367 $624,800 $342,500 $282,300
2015 $4,254 $544,000 $293,500 $250,500
2014 $4,117 $491,300 $227,300 $264,000
Source: Public Records

Agents Affiliated with this Home

  • David Oliveri

    Seller's Agent in 2013

    David Oliveri

    William Raveis R.E. & Home Services

    (617) 926-5280

    31 Total Sales

    David Oliveri
    Section Image

  • H

    Buyer's Agent in 2013

    Howard Lee

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (508) 654-6322

    16 Total Sales

    Howard Lee
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71474730

MLS Property Information Network (MLS PIN)

APN: CAMB-000033-000000-000024

Massachusetts Middlesex County Cambridge 02141 East Cambridge

48 8th St, Cambridge, MA

Not Listed for Sale

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