NOT LISTED FOR SALE

556 Franklin St Unit 3 Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $834,000 - $886,000

2 Beds
2 Baths
1,050 Sq Ft
$827/Sq Ft Est. Value

About This Home

This home is located at 556 Franklin St Unit 3, Cambridge, MA 02139 and is currently estimated at $868,874, approximately $827 per square foot. 556 Franklin St Unit 3 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
May 30, 2023
Sold by
Phyllis Hammer T
Bought by
556 Franklin Llc
Current Estimated Value
$868,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$588,339
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$283,332

Purchase Details

Closed on
May 8, 2022
Sold by
Hammer Michael Est
Bought by
Phyllis Hammer T 2021

Purchase Details

Closed on
Jul 22, 2002
Sold by
Berney Scott A and Berney Sara H
Bought by
Hammer Michael

Purchase Details

Closed on
Aug 27, 1999
Sold by
Franklin Grant Rt and Grant Franklin
Bought by
Berney Scott A and Berney Sara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,450
Interest Rate
7.53%
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.

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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.

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First American

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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.

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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
556 Franklin Llc $750,000 None Available
Phyllis Hammer T 2021 -- None Available
Hammer Michael $490,000 --
Berney Scott A $349,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 556 Franklin Llc $600,000
Previous Owner Berney Scott A $52,450
Source: Public Records

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 $4,822 $759,400 $0 $759,400
2024 $4,458 $753,000 $0 $753,000
2023 $4,283 $730,900 $0 $730,900
2022 $4,268 $721,000 $0 $721,000
2021 $4,149 $709,300 $0 $709,300
2020 $3,988 $693,500 $0 $693,500
2019 $3,831 $644,900 $0 $644,900
2018 $3,826 $593,500 $0 $593,500
2017 $3,575 $550,900 $0 $550,900
2016 $3,497 $500,300 $0 $500,300
2015 $3,470 $443,700 $0 $443,700
2014 $3,430 $409,300 $0 $409,300
Source: Public Records

Map

Massachusetts Middlesex County Cambridge 02139 Riverside

556 Franklin St Unit 3, Cambridge, MA

Homes for Sale in Cambridge, MA

This home is located at 556 Franklin St Unit 3, Cambridge, MA 02139 and is currently estimated at $868,874, approximately $827 per square foot. 556 Franklin St Unit 3 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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