NOT LISTED FOR SALE

556 Franklin St Unit 2 Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $822,000 - $932,000

2 Beds
2 Baths
902 Sq Ft
1873 Built

Last Sold September 02, 2014

Last sale price $535,000 $593 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,251/month

About This Home

As of July 2017

Don't miss out on this spacious and light 2 bed/ 2 bath apartment in the heart of Cambridge! Great layout and large bedrooms. One bed with Master Bath and second bed with full bath attached. Additional features include open living/dining area, hardwood floors throughout, central a/c, and private deck. There is also shared access to an outdoor patio and BBQ area, extra storage and laundry in the basement, and off-street parking for one compact car. Perfect Cambridge location- easy access to Central Square, Harvard Square, and Harvard Business School. Available August 1. Pets negotiable. Excellent credit and references required.

Last Agent to Rent the Property

Resco Homes

Gibson Sotheby's International Realty Listed on: 06/02/2017

Gibson Sotheby's International Realty

Last Renter's Agent

Edna Ramalho

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,749

Year Built

1873

Lot Details

0

Rental Info

  • Deposit Required: Yes
  • First Month Req: Yes
  • Insurance Required: Yes
  • Lead Paint: Unknown
  • Pets Allowed: Yes w/ Restrictions
  • References Req: Yes
  • Rental Terms: Lease
  • Rent Includes: Water, Sewerage Disposal, Refuse Removal, Snow Removal, Laundry Facilities, Parking
  • Security Deposit: 3450.00
  • Term Of Rental: 12
  • Unit In Building: 2
  • Unit Level: 2
  • Date Available: 08/01/2017
  • Rental Type: Condominium

Listing Details

  • Property Class: Rental
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1873

Interior Features

  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Main Lo: BB5918
  • Main So: K95001
  • Estimated Sq Ft: 902.00

Exterior Features

  • Exterior Features: Deck

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Air Conditioner: Yes

Condo/Co-op/Association

  • Condo Association: Yes

Lot Info

  • Assessor Parcel Number: M:00121 L:0005700002
  • Lot Size: 9999.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Sep 3, 2014
Sold by
Ognibene Eugene C and Ognibene Lana
Bought by
Shin Sangmi L and Shin Robert
Seller's Agent
Theresa Kitaeff
Coldwell Banker Realty - Cambridge
Buyer's Agent
S. Lee Shin
MBA Group
List Price
$565,000
Sold Price
$535,000
Premium/Discount to List
-$30,000
-5.31%
Current Estimated Value
$878,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,928
Avg. Annual Appreciation
4.56%
Original Mortgage
$374,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 2008
Sold by
Dossantos Deborah H and Dossantos Joseph C
Bought by
Ognibene Eugene C and Ognibene Lana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,080
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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 $535,000 --
Shin Sangmi L $535,000 --
Ognibene Eugene C $470,100 --
Ognibene Eugene C $470,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ching Albert M $680,000
Closed Ching Albert M $680,000
Closed Shin Sangmi L $374,500
Previous Owner Dossantos Joseph C $371,400
Previous Owner Ognibene Eugene C $376,080
Previous Owner Dossantos Deborah H $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Rented $3,400 -1.4% --
07/28/2017 07/28/17 Under Contract -- -- --
06/02/2017 06/02/17 For Rent $3,450 0.0% --
09/02/2014 09/02/14 Sold $535,000 0.0% $593 / Sq Ft
07/13/2014 07/13/14 Pending -- -- --
06/29/2014 06/29/14 Off Market $535,000 -- --
06/05/2014 06/05/14 For Sale $565,000 -- $626 / 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 $4,749 $747,800 $0 $747,800
2024 $4,294 $725,300 $0 $725,300
2023 $4,212 $718,700 $0 $718,700
2022 $4,197 $709,000 $0 $709,000
2021 $4,080 $697,400 $0 $697,400
2020 $3,922 $682,000 $0 $682,000
2019 $3,767 $634,200 $0 $634,200
2018 $3,763 $583,700 $0 $583,700
2017 $3,491 $537,900 $0 $537,900
2016 $3,343 $478,300 $0 $478,300
2015 $3,317 $424,200 $0 $424,200
2014 $3,280 $391,400 $0 $391,400
Source: Public Records

Agents Affiliated with this Home

  • Resco Homes

    Landlord's Agent in 2017

    Resco Homes

    Gibson Sothebys International Realty

    (617) 817-1813

    1 in this area

    140 Total Sales

    Section Image
  • Edna Ramalho

    Tenant's Agent in 2017

    Edna Ramalho

    Coldwell Banker Realty - Boston

    (339) 224-8027

    37 Total Sales

    Section Image

  • T

    Seller's Agent in 2014

    Theresa Kitaeff

    Coldwell Banker Realty - Cambridge

    Section Image

  • S

    Buyer's Agent in 2014

    S. Lee Shin

    MBA Group

    (617) 694-9149

    9 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72174910

MLS Property Information Network (MLS PIN)

APN: CAMB-000121-000000-000057-000002

Massachusetts Middlesex County Cambridge 02139 Riverside

556 Franklin St Unit 2, Cambridge, MA

This home is located at 556 Franklin St Unit 2, Cambridge, MA 02139 since 02 June 2017 and is currently priced at $868,362. This property was built in 1873. 556 Franklin St Unit 2 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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