T
Seller's Agent in 2018
The Denman Group
Compass
(617) 518-4570
14 in this area
643 Total Sales
5 Riverside Place Cambridge, MA 02139
Riverside NeighborhoodEstimated Value: $1,599,000 - $2,907,000
8
Beds
3
Baths
3,076
Sq Ft
$741/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Garden
- 1-minute walk to Wheeler Park
- Fenced Yard
About This Home
As of September 2018Nicely renovated 2-unit “cash cow†on a cul-de-sac in the much sought after Riverside neighborhood! Significantly updated for profitable and hassle free rental income - currently leased through August 2019 for $9,050 per month. This 2-family has FOUR bedrooms per unit and high ceilings, hardwood floors, granite and stainless kitchens, tiled baths and newer systems, including central air. Amenities include in-unit laundry and two private side yards, one for each unit. Excellent location just steps to the Charles River, Harvard Business School, ½ mile to the Central Square restaurants, entertainment, shopping and grocery stores, the red line MBTA, just ¾ mile to Harvard Square, and close to the Mass Pike entrance. A blue chip investment property! Come to one of the 5 open houses - 7/12 - 11 to 12:30; 7/13 - 4 to 5pm; 7/14 & 7/15 - 12 to 1:30; 7/16 - 12:30 to 1:30; 7/17 - 10 to 11. Offers due on Tuesday, July 17th at 12pm.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1886
Lot Details
- Year Round Access
- Fenced Yard
- Garden
Flooring
- Wood
- Tile
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2018
Closed on
Sep 5, 2018
Sold by
Casper Silver Llc
Bought by
Chang Seung and Song Jung
Seller's Agent
The Denman Group
Compass
Buyer's Agent
Dino Bacoka
Red Tree Real Estate
List Price
$1,748,000
Sold Price
$1,765,000
Premium/Discount to List
$17,000
0.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,087
Avg. Annual Appreciation
3.52%
Original Mortgage
$990,000
Outstanding Balance
$861,560
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$1,417,527
Purchase Details
Closed on
Nov 7, 2013
Sold by
Griffin Christopher J
Bought by
Casper Silver Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 2013
Sold by
Ashe Elenor H Est
Bought by
Griffin Christopher J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chang Seung | $1,765,000 | -- | |
| Casper Silver Llc | $775,000 | -- | |
| Griffin Christopher J | $650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chang Seung | $990,000 | |
| Previous Owner | Casper Silver Llc | $843,000 | |
| Previous Owner | Griffin Christopher J | $527,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2018 09/05/18 | Sold | $1,765,000 | +1.0% | $574 / Sq Ft |
| 07/18/2018 07/18/18 | Pending | -- | -- | -- |
| 07/11/2018 07/11/18 | For Sale | $1,748,000 | 0.0% | $568 / Sq Ft |
| 04/01/2014 04/01/14 | Rented | $3,950 | 0.0% | -- |
| 03/19/2014 03/19/14 | Under Contract | -- | -- | -- |
| 02/02/2014 02/02/14 | For Rent | $3,950 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
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 | $13,174 | $2,074,600 | $858,400 | $1,216,200 |
| 2024 | $12,268 | $2,072,300 | $902,000 | $1,170,300 |
| 2023 | $11,394 | $1,944,400 | $918,800 | $1,025,600 |
| 2022 | $10,889 | $1,839,300 | $913,800 | $925,500 |
| 2021 | $10,560 | $1,805,100 | $896,000 | $909,100 |
| 2020 | $10,228 | $1,778,700 | $887,100 | $891,600 |
| 2019 | $9,436 | $1,588,500 | $767,000 | $821,500 |
| 2018 | $8,955 | $1,423,700 | $663,600 | $760,100 |
| 2017 | $8,726 | $1,344,600 | $633,600 | $711,000 |
| 2016 | $8,087 | $1,157,000 | $496,900 | $660,100 |
| 2015 | $5,900 | $754,500 | $433,500 | $321,000 |
| 2014 | $5,157 | $615,400 | $416,900 | $198,500 |
Source: Public Records
Agents Affiliated with this Home
-
The Denman Group
-
Dino Bacoka
Buyer's Agent in 2018
Dino Bacoka
Red Tree Real Estate
(617) 487-8015
17 Total Sales
-
Kerry Coyne
K
Seller's Agent in 2014
Kerry Coyne
Hope Real Estate Enterprises
1 Total Sale
-
Ranjtia Singh
R
Buyer's Agent in 2014
Ranjtia Singh
Cambridge Premier Realty
(617) 800-4867
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72360548
APN: CAMB-000130-000000-000006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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