NOT LISTED FOR SALE

508 Franklin St Unit 504 Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $1,070,000 - $1,202,686

2 Beds
2.5 Baths
1,376 Sq Ft
$828/Sq Ft Est. Value

Highlights

  • Medical Services
  • Deck
  • No HOA
  • 9,999 Sq Ft lot
  • Property is near public transit
  • 4-minute walk to Cooper Square Park

About This Home

As of January 2024

Great location, spacious and bright unique single family in the prime location of Riverside near Harvard/Central Square, Charles River, Harvard, MIT. This contemporary open plan home with large patio doors leading onto a private deck and garden. This home offers 2 Bedrooms with skylights, 2.5 baths, finished basement, ideal space for a home office and work-from-here to stay, parking for two cars tandem in the driveway. Prospective Tenants to pay full brokerage fee and also tenants will be responsible for all utilities except water and sewer.

Last Agent to Rent the Property

Oriana Van Daele

Compass Listed on: 12/20/2023

Compass

Co-Listed By

Christopher Brooks

Compass

Last Renter's Agent

The Denman Group

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,112

Year Built

  • Built in 1873

Lot Details

  • 9,999 Sq Ft Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • 1,376 Sq Ft Home

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $4,500
  • Property Available on 1/1/24
  • Rent includes water, sewer, occupancy only, parking
  • Assessor Parcel Number 4694912

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,112

Year Built

Built in 1873

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-01-01
  • Lease Term: Lease Terms(Long),Term of Rental(18)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1873
  • Entry Level: 1
  • Year Built Details: Actual,Renovated Since
  • Year Round: Yes
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: In Unit
  • Living Area: 1376
  • Spa YN: No
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 3.27
  • PRICE PER Sq Ft: 3.09
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Deck, Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Occupancy Only, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4694912
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2007
Sold by
1 Hingham Street T and Blout William L
Bought by
Halverson Corey and Zeng Min
Current Estimated Value
$1,111,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Halverson Corey $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zengand Min $325,000
Closed Halverson Corey $415,000
Previous Owner Mulvaney Ruth M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Rented $4,250 -5.6% --
01/05/2024 01/05/24 Under Contract -- -- --
12/20/2023 12/20/23 For Rent $4,500 -- --
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 $7,112 $1,120,000 $0 $1,120,000
2024 $6,336 $1,070,200 $0 $1,070,200
2023 $6,046 $1,031,800 $0 $1,031,800
2022 $5,961 $1,007,000 $0 $1,007,000
2021 $5,715 $976,900 $0 $976,900
2020 $5,437 $945,500 $0 $945,500
2019 $5,027 $846,300 $0 $846,300
2018 $4,915 $781,400 $0 $781,400
2017 $4,716 $726,700 $0 $726,700
2016 $4,495 $643,000 $0 $643,000
2015 $4,442 $568,000 $0 $568,000
2014 $4,397 $524,700 $0 $524,700
Source: Public Records

Agents Affiliated with this Home

  • O

    Landlord's Agent in 2024

    Oriana Van Daele

    Compass

    (617) 642-1838

    Section Image

  • C

    Landlord's Co-Listing Agent in 2024

    Christopher Brooks

    Compass

    1 Total Sale

    Section Image
  • The Denman Group

    Tenant's Agent in 2024

    The Denman Group

    Compass

    (617) 518-4570

    15 in this area

    691 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73188348

MLS Property Information Network (MLS PIN)

APN: CAMB-120 4

Massachusetts Middlesex County Cambridge 02139 Riverside

508 Franklin St Unit 504, Cambridge, MA

This home is located at 508 Franklin St Unit 504, Cambridge, MA 02139 since 20 December 2023 and is currently priced at $1,139,422. This property was built in 1873. 508 Franklin St Unit 504 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Saint Paul's Choir School.

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MLS Property Information Network (MLS PIN) 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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