Seller's Agent in 2024
Max Dublin Team
Gibson Sothebys International Realty
(617) 230-7615
8 in this area
106 Total Sales
56 Rice St Cambridge, MA 02140
North Cambridge Neighborhood
6
Beds
3
Baths
3,319
Sq Ft
5,562
Sq Ft Lot
Highlights
- Property is near public transit
- Tennis Courts
- Park
- Wood Flooring
- Jogging Path
- 4-minute walk to Reverend Thomas J. Williams Park
About This Home
As of September 2024Fantastic opportunity to create a wonderful home in one of North Cambridge's most convenient locations. A 5,562 sq ft lot, situated on a one-way street with other well kept homes, 56 Rice St’s over 3,300 interior sq ft, not including the full unfinished basement, provides endless possibilities. The house will need updates but could be a wonderful single family for an end-user or developer. A condo conversion into 2 large units or a long term investment are other options that give this house immense flexibility for the next owner. The 2-car garage and deep lot add more utility and potential to this offering. Located just off Mass Ave. in close proximity to Porter & Davis Sq. along with Alewife there are many shops, restaurants and eateries at a stone's throw away. Group showings will be Fri 8/9 - Mon 8/12 from 12-1p and need to be confirmed with list agents. Seller may be willing to provide Buyer with financial incentives in the form of closing cost credits or other compensation.
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 08/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,918
Year Built
- Built in 1898
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,319 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Additional Features
- 5,562 Sq Ft Lot
- 2 Heating Zones
Listing and Financial Details
- Assessor Parcel Number M:00196 L:00059,414051
Community Details
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 1981
Bought by
Norton Jill R
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $83,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,218,750 | Purchase Money Mortgage | |
| Closed | $1,218,750 | Purchase Money Mortgage | |
| Closed | $30,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2024 09/23/24 | Sold | $1,625,000 | +1.9% | $490 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 08/07/2024 08/07/24 | For Sale | $1,595,000 | -- | $481 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,310 | $1,466,200 | $657,500 | $808,700 |
| 2024 | $8,675 | $1,465,400 | $686,900 | $778,500 |
| 2023 | $8,101 | $1,382,400 | $699,400 | $683,000 |
| 2022 | $7,456 | $1,259,500 | $641,900 | $617,600 |
| 2021 | $7,158 | $1,223,600 | $628,800 | $594,800 |
| 2020 | $6,888 | $1,197,900 | $614,900 | $583,000 |
| 2019 | $6,301 | $1,060,700 | $511,100 | $549,600 |
| 2018 | $5,809 | $923,600 | $430,400 | $493,200 |
| 2017 | $5,818 | $896,400 | $403,600 | $492,800 |
| 2016 | $5,654 | $808,800 | $349,700 | $459,100 |
| 2015 | $5,596 | $715,600 | $307,500 | $408,100 |
| 2014 | $5,322 | $635,100 | $269,000 | $366,100 |
Source: Public Records
Agents Affiliated with this Home
-
Max Dublin Team
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73274780
APN: CAMB-000196-000000-000059
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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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