NOT LISTED FOR SALE

556 Franklin St Unit 1 Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $822,000 - $925,000

2 Beds
2 Baths
910 Sq Ft
$952/Sq Ft Est. Value

About This Home

As of May 2018

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.

Last Agent to Rent the Property

S. Lee Shin

MBA Group Listed on: 04/06/2018

Last Renter's Agent

Lauren Holleran

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,416

Year Built

  • 1873

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • Year Round Access
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,416

Year Built

1873

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • Insurance Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Date Available: 04/06/2018
  • Rent Fee Includes: Water, Sewerage Disposal, Extra Storage, Laundry Facilities
  • Sec Deposit: 3500.00

Listing Details

  • Property Type: Rental
  • Rental Type: Condominium
  • List Price Per Sq Ft: 3.85
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • CoOp Comp: 50/50
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1873

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 6
  • Main Lo: NB1611
  • Main So: BB5918
  • Estimated Sq Ft: 910.00

Exterior Features

  • Exterior Features: Patio

Garage/Parking

  • Parking Spaces: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Condo Association: Yes

Lot Info

  • Lot Size: 999.00

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
$879,962

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
Source: Public Records

Range of Values:

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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 -- --
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 $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

    Landlord's Agent in 2018

    S. Lee Shin

    MBA Group

    (617) 694-9149

    9 Total Sales

    Section Image
  • Lauren Holleran

    Tenant's Agent in 2018

    Lauren Holleran

    Gibson Sothebys International Realty

    (617) 913-2203

    28 Total Sales

    Section Image

  • P

    Buyer's Agent in 2018

    Pamela Abuawad

    Cambridge Realty Group, Inc.

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72304898

MLS Property Information Network (MLS PIN)

APN: CAMB-000121-000000-000057-000001

Massachusetts Middlesex County Cambridge 02139 Riverside

556 Franklin St Unit 1, Cambridge, MA

This home is located at 556 Franklin St Unit 1, Cambridge, MA 02139 since 06 April 2018 and is currently priced at $866,337. This property was built in 1873. 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.

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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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