NOT LISTED FOR SALE

5 Hancock Place Unit 1 Cambridge, MA 02139

Mid-Cambridge Neighborhood

Estimated Value: $708,485 - $821,000

2 Beds
1 Bath
761 Sq Ft
$225/mo HOA Fee

Last Sold July 18, 2023

Last sale price $665,000 $874 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,512/month

4 Days on Market

Highlights

  • Property is near public transit
  • Patio
  • Shops
  • Pine Flooring
  • Park
  • 1-minute walk to Cooper Square Park

About This Home

As of July 2023

Victorian 2 bedroom condo with high ceilings, wide pine floors & period details. Spacious living room with elegant bay window. Eat-in kitchen updated with quartz countertops & tumbled tile backsplash. Great layout with bedroom separation. Amenities include central air, energy-efficient windows, huge basement storage with laundry. Great access to store your bikes & gear. Rare private rear patio. Tucked away in a peaceful Dana Hill location yet just around the corner from Cooper Square Park. With a walk score of 97 it is convenient to Central, Harvard and Inman. Nearby bike lanes in all directions. Would also be a great rental property. Currently vacant so a quick close is possible.

Last Agent to Sell the Property

The Petrowsky Jones Group

Compass Listed on: 06/08/2023

Compass

Last Buyer's Agent

Chris Mehr

Full Circle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,685

Year Built

  • Built in 1905

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 761 Sq Ft Home
  • 1-Story Property
  • Basement
  • Laundry in Basement

Flooring

  • Pine Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 407061

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, reserve funds
  • 2 Units
  • The 5 Hancock Place Condominium Trust Community

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,685

Year Built

Built in 1905

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1905
  • Entry Level: 1
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Pine
  • Fireplace YN: No
  • Appliances: Tank Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: First
  • Basement: Y
  • Living Area: 761
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2383
  • MAIN SO: AN0919

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, House of Worship, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds

Lot Info

  • Parcel Number: 407061
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5684.55

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 18, 2023
Sold by
Hubbs Jed L
Bought by
Mustafa Abdel
Seller's Agent
The Petrowsky Jones Group
Compass
Buyer's Agent
Chris Mehr
Full Circle Realty LLC
List Price
$595,000
Sold Price
$665,000
Premium/Discount to List
$70,000
11.76%
Views
40
Current Estimated Value
$746,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,621
Avg. Annual Appreciation
5.05%
Original Mortgage
$608,674
Outstanding Balance
$594,154
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,467

Purchase Details

Closed on
Apr 11, 2005
Sold by
Wampler Frederick Hoope and Wampler Gemina Gianino
Bought by
Hubbs Jed L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,550
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mustafa Abdel $665,000 None Available
Hubbs Jed L $389,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mustafa Abdel $608,674
Previous Owner Hubbs Jed L $304,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $665,000 +11.8% $874 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $595,000 -- $782 / 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 $4,272 $672,700 $0 $672,700
2024 $3,882 $655,800 $0 $655,800
2023 $3,874 $661,100 $0 $661,100
2022 $3,827 $646,400 $0 $646,400
2021 $3,746 $640,300 $0 $640,300
2020 $3,642 $633,400 $0 $633,400
2019 $3,486 $586,900 $0 $586,900
2018 $4,214 $537,900 $0 $537,900
2017 $3,192 $491,900 $0 $491,900
2016 $3,039 $434,800 $0 $434,800
2015 $3,005 $384,300 $0 $384,300
2014 $2,871 $342,600 $0 $342,600
Source: Public Records

Agents Affiliated with this Home

  • Chris Mehr

    Buyer's Agent in 2023

    Chris Mehr

    Full Circle Realty LLC

    (617) 721-0947

    4 in this area

    236 Total Sales

    Chris Mehr
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73122671

MLS Property Information Network (MLS PIN)

APN: CAMB-000117-000000-000085-000001

Massachusetts Middlesex County Cambridge 02139 Mid-Cambridge

5 Hancock Place Unit 1, Cambridge, MA

Not Listed for Sale

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