NOT LISTED FOR SALE

54 Porter Rd Cambridge, MA 02140

North Cambridge Neighborhood

Estimated Value: $1,683,314 - $1,939,000

2 Beds
3 Baths
1,918 Sq Ft
1940 Built

Last Sold June 08, 2016

Last sale price $1,425,000 $743 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,764/month

12 Days on Market

About This Home

As of June 2016

Contemporary loft / townhouse. Pleasant side street on the edge of Porter Square close to the Red Line T Stop, Yume Wo Katare, live music at Toad, and many indie shops & services. Small landscaped front garden leads to private foyer, which opens onto gorgeous grand open spaces with outrageously high ceilings. Oak floors throughout, floor-to-ceiling book & art display shelves, gas fireplace. Alcove study off living area. Glass doors to large private patio & garden. Hand-painted tiles in kitchen coordinate with abundant wood cabinetry. Viking gas range. Generous half-bath features hand-painted tile. At 2nd level, good-size bedroom with southeast exposure, oak floor. Full bath. Master suite: vaulted-ceiling bedroom nearly 20' by 14'; walk-in closet, large southeast-facing windows and Juliet balcony. Handsome full master bath. Up a half-flight is a private rooftop deck. Large basement storage/workshop. Central Air. Two full-size parking spaces. New roof. Offers due Monday 3/7 at noon.

Last Agent to Sell the Property

The Petrowsky Jones Group

Compass Listed on: 02/25/2016

Compass

Last Buyer's Agent

Spencer Lane

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,968

Year Built

1940

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1940

Interior Features

  • Appliances: Range, Dishwasher, Disposal
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Electric: Circuit Breakers
  • Flooring: Tile, Hardwood
  • Interior Amenities: Security System
  • Bedroom 2: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor
  • Oth1 Room Name: Study
  • Oth1 Level: First Floor
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Roof, Patio

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Porter Road Loft Condo
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 6
  • Unit Building: 54/4

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Jun 8, 2016
Sold by
William Harby Lt
Bought by
Anderson James G and Boulos-Anderson Shirine S
Seller's Agent
The Petrowsky Jones Group
Compass
Buyer's Agent
Spencer Lane
Compass
List Price
$1,125,000
Sold Price
$1,425,000
Premium/Discount to List
$300,000
26.67%
Current Estimated Value
$1,835,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,105
Avg. Annual Appreciation
2.75%
Original Mortgage
$712,500
Outstanding Balance
$568,728
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,266,377

Purchase Details

Closed on
May 16, 2007
Sold by
Pappas Marilyn and Harby William
Bought by
Marilyn Pappas Lt and Pappas

Purchase Details

Closed on
Mar 13, 2007
Sold by
Pappas Marilyn and Harby William
Bought by
William Harby Lt and Harby

Purchase Details

Closed on
Jul 2, 2004
Sold by
Turner Christopher C
Bought by
Pappas Marilyn and Harby William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
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
Anderson James G $1,425,000 --
Anderson James G $1,425,000 --
William Harby Lt -- --
William Harby Lt -- --
Marilyn Pappas Lt -- --
Marilyn Pappas Lt -- --
William Harby Lt -- --
William Harby Lt -- --
Pappas Marilyn $825,000 --
Pappas Marilyn $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson James G $712,500
Closed Anderson James G $712,500
Previous Owner Pappas Marilyn $500,000
Previous Owner Pappas Marilyn $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2016 06/08/16 Sold $1,425,000 +26.7% $743 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $1,125,000 -- $587 / 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 $11,968 $1,884,800 $0 $1,884,800
2024 $10,905 $1,842,000 $0 $1,842,000
2023 $10,000 $1,706,500 $0 $1,706,500
2022 $9,740 $1,645,200 $0 $1,645,200
2021 $9,399 $1,606,600 $0 $1,606,600
2020 $8,684 $1,510,200 $0 $1,510,200
2019 $8,343 $1,404,500 $0 $1,404,500
2018 $8,132 $1,292,900 $0 $1,292,900
2017 $6,815 $1,050,000 $0 $1,050,000
2016 $6,529 $934,000 $0 $934,000
2015 $6,490 $829,900 $0 $829,900
2014 $6,427 $767,000 $0 $767,000
Source: Public Records

Agents Affiliated with this Home

  • Spencer Lane

    Buyer's Agent in 2016

    Spencer Lane

    Compass

    (617) 872-0030

    2 in this area

    47 Total Sales

    Spencer Lane
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71963388

MLS Property Information Network (MLS PIN)

APN: CAMB-000178-000000-000121-000054-4

Massachusetts Middlesex County Cambridge 02140 North Cambridge

54 Porter Rd, Cambridge, MA

This home is located at 54 Porter Rd, Cambridge, MA 02140 since 25 February 2016 and is currently estimated at $1,835,105, approximately $956 per square foot. This property was built in 1940. 54 Porter Rd is a home located in Middlesex County with nearby schools including Benjamin Banneker Charter Public School, Cambridge Montessori School, and Wild Rose Montessori School.

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