NOT LISTED FOR SALE

556 Franklin St Unit 2 Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $842,000 - $920,000

2 Beds
2 Baths
902 Sq Ft
$968/Sq Ft Est. Value

Last Sold September 02, 2014

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

Est. 63% increase in value since last sale

Current estimated payment $5,235/month

About This Home

As of September 2014

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.

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
$872,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,842
Avg. Annual Appreciation
4.64%
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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

    Seller's Agent in 2017

    Resco Homes

    Gibson Sothebys International Realty

    (617) 817-1813

    1 in this area

    146 Total Sales

    Resco Homes
    Section Image
  • Edna Ramalho

    Buyer's Agent in 2017

    Edna Ramalho

    Coldwell Banker Realty - Boston

    (339) 224-8027

    39 Total Sales

    Edna Ramalho
    Section Image

  • T

    Seller's Agent in 2014

    Theresa Kitaeff

    Coldwell Banker Realty - Cambridge

    (617) 864-8566

    Section Image

  • S

    Buyer's Agent in 2014

    S. Lee Shin

    MBA Group

    (617) 694-9149

    8 Total Sales

    S. Lee Shin
    Section Image
See All Agents

Map

Massachusetts Middlesex County Cambridge 02139 Riverside

556 Franklin St Unit 2, Cambridge, MA

Homes for Sale in Cambridge, MA

This home is located at 556 Franklin St Unit 2, Cambridge, MA 02139 and is currently estimated at $872,842, approximately $967 per square foot. 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.

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.

Nearby Homes