NOT LISTED FOR SALE

Estimated Value: $875,000 - $1,110,000

5 Beds
3 Baths
2,128 Sq Ft
$468/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $500,000 $235 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,947/month

33 Days on Market

About This Home

As of July 2013

This solid, affordable two family near the Cambridge line features an excellent layout and great location. Unit #1; 4RM / 2BR / 1BA. Unit #2 6RM / 3BR / 2BA, with large eat-in kitchens. Highlights include hdwd floors, updated systems, newer roof and siding, common W/D in basement, and offstreet parking for both units. An excellent opportunity for the first time buyer who is considering a multi-family purchase. Conveniently located near major traffic routes, public transportation, and shopping.

Last Agent to Sell the Property

John Barmon

Coldwell Banker Realty - Cambridge Listed on: 05/29/2013

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Arthur Deych

Block Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,623

Year Built

1927

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 3.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, House of Worship
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:1616 B:0021E L:0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 31, 2013
Sold by
Leonard Isabel A
Bought by
Gillan Leonard and Gillan Eugenia
Seller's Agent
John Barmon
Coldwell Banker Realty - Cambridge
Buyer's Agent
Arthur Deych
Block Realty
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$996,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,797
Avg. Annual Appreciation
5.83%
Original Mortgage
$400,000
Outstanding Balance
$291,227
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$705,570

Purchase Details

Closed on
May 20, 1996
Sold by
Ostayan Karnig G
Bought by
Grimes William and Leonard Isabel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1995
Sold by
Malieswski Noreen P
Bought by
Ostayan Karnig G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,450
Interest Rate
7.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1992
Sold by
Malieswski Robert P and Malieswski Mary
Bought by
Malieswski Noreen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gillan Leonard $500,000 --
Gillan Leonard $500,000 --
Gillan Leonard $500,000 --
Grimes William $175,000 --
Ostayan Karnig G $133,000 --
Malieswski Noreen P $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillan Leonard $400,000
Closed Gillan Leonard $400,000
Previous Owner Malieswski Noreen P $140,000
Previous Owner Malieswski Noreen P $86,450
Previous Owner Malieswski Noreen P $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $500,000 +5.3% $235 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $475,000 -- $223 / 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 $8,623 $738,300 $367,200 $371,100
2024 $8,289 $708,500 $371,100 $337,400
2023 $9,479 $698,000 $364,200 $333,800
2022 $8,795 $663,800 $329,900 $333,900
2021 $7,704 $628,900 $305,800 $323,100
2020 $7,350 $605,400 $288,600 $316,800
2019 $6,624 $514,300 $254,300 $260,000
2018 $6,309 $468,400 $233,700 $234,700
2017 $5,932 $427,100 $192,400 $234,700
2016 $5,580 $407,900 $173,200 $234,700
2015 $5,291 $352,000 $173,200 $178,800
2014 $5,089 $340,200 $173,200 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71533124

MLS Property Information Network (MLS PIN)

APN: WATE-001616-000021E