NOT LISTED FOR SALE

Estimated Value: $2,544,000 - $2,673,000

5 Beds
3 Baths
3,146 Sq Ft
$836/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $2,300,000 $731 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $15,076/month

5 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 5-minute walk to Dana Square Park

About This Home

As of July 2022

Greek Revival in the same family for decades is now available in the sought-after Riverside neighborhood. Set on a 5,000 sq ft lot, this well maintained 3 family home, offers many possibilities. Newer systems, 3 gas heating systems (2 new) and updated electric service. Amazing opportunity for owner occupant, investor or developer. This surrounding infrastructure was greatly improved by recently completed Western Ave revitalization project which included raised, widened sidewalks, bike lanes, upgraded underground storm water/sewer and natural gas lines. A tandem driveway with 2-3 parking spaces is a plus. Tenants occupy all 3 units and have leases that end 8/31/22. Saturday/Sunday open houses will be the only access. Commuting is a breeze, bike to Central, Harvard, & Kendall. Sq. Take advantage of all that Cambridge has to offer. On a lovely side street, surrounded by many improved properties. A great investment opportunity.

Last Agent to Sell the Property

The Murphy Group Lexington

William Raveis R.E. & Home Services Listed on: 04/06/2022

William Raveis R.E. & Home Services

Co-Listed By

Joyce Murphy

William Raveis R.E. & Home Services

Last Buyer's Agent

James Marsden

Marsden Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,046

Year Built

  • Built in 1854

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Garden

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,146 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $7,600
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:00125 L:00030,407961

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Water Sewer Expense $1,760
  • Operating Expense $7,760
  • Net Operating Income $91,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,046

Year Built

Built in 1854

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1854
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile,Hardwood,Wood Laminate, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower,Country Kitchen), Unit 2(High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 3(High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Unit 3(Range,Dishwasher,Disposal,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Bulkhead
  • Living Area: 3146
  • Stories Total: 4
  • MAIN LO: M59500
  • MAIN SO: AN7027

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Enclosed, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, On Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Electric Baseboard,Gas), Unit 2(Electric Baseboard,Gas), Unit 3(Hot Water Radiators,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 1760

Lot Info

  • Parcel Number: M:00125 L:00030,407961
  • Zoning: C1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9046

Multi Family

  • Net Operating Income: 91200
  • Number Of Units Total: 3
  • Operating Expense: 7760
  • Total Actual Rent: 7600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
5 Kinnaird Dev Llc
Bought by
B-5 Kinnaird Street Llc
Current Estimated Value
$2,629,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,893,750
Outstanding Balance
$1,865,868
Interest Rate
5.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$763,323

Purchase Details

Closed on
Aug 30, 2024
Sold by
5 Kinnaird Dev Llc
Bought by
Wolfberg Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,893,750
Outstanding Balance
$1,865,868
Interest Rate
5.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$763,323

Purchase Details

Closed on
Jul 27, 2007
Sold by
Thompson Doris A Est and Thompson
Bought by
Thompson Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.78%
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
B-5 Kinnaird Street Llc $2,725,000 None Available
B-5 Kinnaird Street Llc $2,725,000 None Available
Wolfberg Adam $2,525,000 None Available
Wolfberg Adam $2,525,000 None Available
Thompson Melanie A -- --
Thompson Melanie A -- --
Thompson Melanie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfberg Adam $1,893,750
Closed Wolfberg Adam $1,893,750
Previous Owner Thompson Melanie A $350,000
Previous Owner Thompson Melanie A $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $2,300,000 +7.0% $731 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $2,150,000 -- $683 / 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 $14,796 $2,330,100 $1,013,700 $1,316,400
2024 $12,279 $2,074,200 $1,056,900 $1,017,300
2023 $9,986 $1,704,100 $1,076,600 $627,500
2022 $9,399 $1,587,700 $1,020,900 $566,800
2021 $9,046 $1,546,300 $1,001,000 $545,300
2020 $8,746 $1,521,000 $991,100 $529,900
2019 $7,990 $1,345,200 $857,000 $488,200
2018 $7,427 $1,180,700 $741,500 $439,200
2017 $7,314 $1,127,000 $708,000 $419,000
2016 $6,590 $942,800 $555,200 $387,600
2015 $6,419 $820,800 $484,400 $336,400
2014 $6,493 $774,800 $465,800 $309,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72963189

MLS Property Information Network (MLS PIN)

APN: CAMB-000125-000000-000030