NOT LISTED FOR SALE

Estimated Value: $1,917,847 - $2,347,000

6 Beds
3 Baths
2,879 Sq Ft
$759/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $2,000,000 $695 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,349/month

9 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Tandem Parking
  • Wood Flooring
  • Porch
  • 2-minute walk to Cooper Square Park

About This Home

As of April 2024

In an ideal neighborhood between Harvard Square and Central Square is this well-maintained, Three-Family property with separate systems, double-wide driveway and landscaped rear yard with patio area. Convenient to all that Cambridge has to offer, including Harvard University, MIT, Kendall Square, the Charles River, public transportation systems, numerous restaurant and shopping venues, plus downtown Boston. Fully leased through 08/31/24, this property represents an outstanding opportunity for investors and developers.

Last Agent to Sell the Property

Paul Griffin

Compass Listed on: 03/15/2024

Compass

Last Buyer's Agent

Bell Property Partners

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1873

Lot Details

  • 3,874

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,879 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Additional Features

  • 3,874 Sq Ft Lot
  • Property is near public transit
  • 3 Heating Zones

Listing and Financial Details

  • Total Actual Rent $9,300
  • Assessor Parcel Number 407299

Community Details

Overview

  • 3 Units
  • Property has 3 Levels

Recreation

  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $111,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,100

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1873
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Interior Entry, Sump Pump
  • Living Area: 2879
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 729.42
  • PRICE PER Sq Ft: 694.69
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails
  • Senior Community YN: No

Lot Info

  • Parcel Number: 407299
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3874
  • Lot Size Units: Acres
  • PAGE: 395
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9100
  • Tax Book Number: 71365

Multi Family

  • Gross Income: 111600
  • Net Operating Income: 111600
  • Number Of Units Total: 3
  • Total Actual Rent: 9300
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2018
Sold by
Alvin E Thompson Ret and Leary
Bought by
Thompson Gloria G and Thompson
Current Estimated Value
$2,185,962
Source: Public Records

Range of Values:

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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
Thompson Gloria G -- --
Thompson Brothers Rt -- --
Thompson Gloria G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Gloria G $245,000
Previous Owner Thompson Gloria G $30,000
Previous Owner Thompson Gloria G $45,000
Previous Owner Thompson Gloria G $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $2,000,000 -4.8% $695 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $2,100,000 -- $729 / 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 $9,656 $1,520,600 $915,900 $604,700
2024 $9,101 $1,537,300 $954,900 $582,400
2023 $8,774 $1,497,200 $972,600 $524,600
2022 $8,477 $1,431,900 $957,900 $474,000
2021 $8,163 $1,395,300 $939,200 $456,100
2020 $7,870 $1,368,700 $929,900 $438,800
2019 $7,167 $1,206,500 $804,000 $402,500
2018 $6,586 $1,047,100 $695,700 $351,400
2017 $6,592 $1,015,700 $664,200 $351,500
2016 $5,905 $844,800 $520,900 $323,900
2015 $5,755 $735,900 $454,500 $281,400
2014 $5,821 $694,600 $437,000 $257,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73212775

MLS Property Information Network (MLS PIN)

APN: CAMB-000119-000000-000018