NOT LISTED FOR SALE

Estimated Value: $660,000 - $702,743

2 Beds
1 Bath
611 Sq Ft
1970 Built

Last Sold July 03, 2014

Last sale price $470,000 $769 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,957/month

15 Days on Market

About This Home

As of July 2014

Mid-Cambridge. Walk score of 94! Perfect condo for the urban dweller. Easy walk to fine dining, shopping, parks & redline T-stop in Central Sq. or Harvard Sq. Renovated second floor unit features hardwood floors, a well appointed eat-in kitchen with maple cabinets, stainless steel appliances & granite countertops. Oversized living room. Two almost equally sized bedrooms. One off-street parking space plus there are zip car rentals on site. Corner unit gets great natural light. Ample closet space plus extra storage. Laundry in the building. Offers shall be reviewed on Tuesday June 24 at 2pm.

Last Agent to Sell the Property

Patricia Reilly

RE/MAX Real Estate Center Listed on: 06/18/2014

RE/MAX Real Estate Center

Last Buyer's Agent

Christie Xie

Nuage Real Estate Group

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,426

Year Built

1970

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Private School, Public School, T-Station, University
  • Flooring: Tile, Hardwood
  • Bedroom 2: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Basement
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Hardwood

Exterior Features

  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Condominium Name: 5 Centre St Condominium
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 8
  • Unit Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jul 3, 2014
Sold by
Chen Mark M
Bought by
Zhu Peiying
Seller's Agent
Patricia Reilly
RE/MAX Real Estate Center
Buyer's Agent
Christie Xie
Nuage Real Estate Group
List Price
$399,000
Sold Price
$470,000
Premium/Discount to List
$71,000
17.79%
Current Estimated Value
$684,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,186
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Aug 31, 2010
Sold by
Ochs Daniel J
Bought by
Chen Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2004
Sold by
Brewster Susan N
Bought by
Ochs Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5.84%
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
Zhu Peiying $470,000 --
Chen Mark M $353,000 --
Ochs Daniel J $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Mark M $238,000
Previous Owner Ochs Daniel J $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2014 07/03/14 Sold $470,000 0.0% $769 / Sq Ft
06/25/2014 06/25/14 Off Market $470,000 -- --
06/18/2014 06/18/14 For Sale $399,000 -- $653 / 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 $4,426 $697,000 $0 $697,000
2024 $3,917 $661,600 $0 $661,600
2023 $4,005 $683,400 $0 $683,400
2022 $3,991 $674,200 $0 $674,200
2021 $3,879 $663,000 $0 $663,000
2020 $3,816 $663,700 $0 $663,700
2019 $3,663 $616,600 $0 $616,600
2018 $3,566 $567,000 $0 $567,000
2017 $3,316 $510,900 $0 $510,900
2016 $3,113 $445,400 $0 $445,400
2015 $3,083 $394,200 $0 $394,200
2014 $2,964 $353,700 $0 $353,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71701110

MLS Property Information Network (MLS PIN)

APN: CAMB-000116-000000-000034-000022