NOT LISTED FOR SALE

556 Franklin St Unit 1 Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $841,000 - $915,000

2 Beds
2 Baths
910 Sq Ft
$951/Sq Ft Est. Value

About This Home

Amazing location in the heart of Cambridge on one of the most coveted tree lined streets. Easy access/walking distance to Harvard Sq and Central Sq T stations, Harvard, MIT and HBS as well as two Whole Foods locations and H Mart. Classic renovated triple decker building, high first floor 2BR/2BA unit with hardwood floors, galley kitchen, private assigned storage and own set of W/D in basement. Shared back patio bbq area. Unit is extremely spacious with huge master bedroom with en suite bathroom. Smaller (but still very spacious) second bedroom with attached dual entry full bathroom accessible from both second bedroom and living room.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2016
Sold by
558 Franklin Llc
Bought by
Shin Sangmi L and Shin Robert T
Current Estimated Value
$865,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,375
Outstanding Balance
$360,389
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$502,193

Purchase Details

Closed on
Oct 11, 2006
Sold by
Ognibene Paul M
Bought by
558 Franklin Llc

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Shin Sangmi L $592,500 --
558 Franklin Llc $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Sangmi L $444,375
Previous Owner Ognibene Paul M $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Rented $3,500 0.0% --
04/28/2018 04/28/18 Under Contract -- -- --
04/06/2018 04/06/18 For Rent $3,500 +2.9% --
01/01/2018 01/01/18 Rented $3,400 0.0% --
12/12/2017 12/12/17 Under Contract -- -- --
11/01/2017 11/01/17 For Rent $3,400 -- --

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 $4,416 $695,500 $0 $695,500
2024 $4,056 $685,100 $0 $685,100
2023 $3,973 $678,000 $0 $678,000
2022 $3,960 $668,900 $0 $668,900
2021 $3,848 $657,700 $0 $657,700
2020 $3,699 $643,300 $0 $643,300
2019 $3,554 $598,300 $0 $598,300
2018 $3,550 $550,800 $0 $550,800
2017 $3,318 $511,200 $0 $511,200
2016 $3,206 $458,700 $0 $458,700
2015 $3,182 $406,900 $0 $406,900
2014 $3,148 $375,600 $0 $375,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    S. Lee Shin

    MBA Group

    (617) 694-9149

    8 Total Sales

    S. Lee Shin
    Section Image
  • Lauren Holleran

    Buyer's Agent in 2018

    Lauren Holleran

    Gibson Sothebys International Realty

    (617) 913-2203

    13 Total Sales

    Lauren Holleran
    Section Image

  • P

    Buyer's Agent in 2018

    Pamela Abuawad

    Cambridge Realty Group, Inc.

See All Agents

Map

Massachusetts Middlesex County Cambridge 02139 Riverside

556 Franklin St Unit 1, Cambridge, MA

Homes for Sale in Cambridge, MA

This home is located at 556 Franklin St Unit 1, Cambridge, MA 02139 and is currently estimated at $865,830, approximately $951 per square foot. 556 Franklin St Unit 1 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Saint Paul's Choir School.

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.

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