550 Franklin St Cambridge, MA 02139
Riverside NeighborhoodEstimated Value: $1,232,000 - $1,572,929
3
Beds
3
Baths
1,200
Sq Ft
$1,192/Sq Ft
Est. Value
About This Home
This home is located at 550 Franklin St, Cambridge, MA 02139 and is currently estimated at $1,429,982, approximately $1,191 per square foot. 550 Franklin St is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Saint Paul's Choir School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2025
Sold by
Medlar Llc
Bought by
550 Franklin St Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,212,000
Outstanding Balance
$3,206,454
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$1,776,472
Purchase Details
Closed on
Jun 21, 2021
Sold by
White Nancy Est and Boulanger
Bought by
Medlar Llc
Purchase Details
Closed on
Apr 24, 1984
Bought by
Hill William R
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 550 Franklin St Llc | $1,900,000 | -- | |
| Medlar Llc | $1,318,000 | None Available | |
| Hill William R | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 550 Franklin St Llc | $3,212,000 | |
| Previous Owner | Hill William R | $133,800 |
Source: Public Records
Tax History Compared to Growth
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 | $8,319 | $1,310,000 | $947,500 | $362,500 |
| 2024 | $7,557 | $1,276,600 | $987,900 | $288,700 |
| 2023 | $6,901 | $1,177,700 | $1,006,300 | $171,400 |
| 2022 | $6,439 | $1,087,600 | $978,900 | $108,700 |
| 2021 | $6,233 | $1,065,500 | $959,800 | $105,700 |
| 2020 | $6,040 | $1,050,400 | $950,300 | $100,100 |
| 2019 | $5,429 | $914,000 | $821,600 | $92,400 |
| 2018 | $5,026 | $799,100 | $710,900 | $88,200 |
| 2017 | $4,964 | $764,900 | $678,800 | $86,100 |
| 2016 | $4,305 | $615,900 | $532,300 | $83,600 |
| 2015 | $4,215 | $539,000 | $464,400 | $74,600 |
| 2014 | $4,359 | $520,200 | $446,600 | $73,600 |
Source: Public Records
Map
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