NOT LISTED FOR SALE

589 Franklin St Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $2,927,000 - $3,971,421

8 Beds
4 Baths
4,203 Sq Ft
$779/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $2,200,000 $523 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $18,931/month

35 Days on Market

About This Home

As of August 2016

ALL OFFERS DUE WEDNESDAY JUNE 29TH. Open House dates Tuesday June 21st (11:00-12:30) and Monday June 27th (1:00-2:30). Classic 3 Family with large floor through units. One (1) 3-bed/1-bath with office, one (1) 4-bed/1-bath, and one (1) renovated 2-bed / 2-bath with open layout, high ceilings, central A/C, new kitchen and baths from 2007. All separate utilities, flat rubber roof redone in 2009. Located only a 4 minute walk to Harvard Square in sought after Riverside Neighborhood! Great income, condo, or owner/user property.

Last Agent to Sell the Property

Colleen Toner

Toner Real Estate, LLC Listed on: 06/15/2016

Last Buyer's Agent

Colleen Toner

Toner Real Estate, LLC Listed on: 06/15/2016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,011

Year Built

1903

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Insc: 2574
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1903

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 3

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:00121 L:00119
  • Zoning: C1

Multi Family

  • APOD Available: Yes
  • Foundation: 40X35
  • Heat Units: 3
  • Total Bedrooms: 8
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 18
  • Total Rent_1: 11900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2007
Sold by
Wu Katie and Wu Wo-Tak
Bought by
Trupiano Michael
Current Estimated Value
$3,275,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2003
Sold by
Vantassell Robert
Bought by
Wu Wo-Tak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Trupiano Michael $1,065,000 --
Wu Wo-Tak $970,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trupiano Michael $645,300
Closed Trupiano Michael $645,300
Closed Trupiano Michael $206,700
Previous Owner Wu Katie Meng $250,000
Previous Owner Wu Wo-Tak $679,000
Previous Owner Vantassell Robert $270,000
Previous Owner Vantassell Robert M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $2,200,000 0.0% $523 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $2,200,000 -- $523 / 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 $13,011 $2,048,900 $739,200 $1,309,700
2024 $12,203 $2,061,300 $800,100 $1,261,200
2023 $11,432 $1,950,800 $815,000 $1,135,800
2022 $10,928 $1,845,900 $820,100 $1,025,800
2021 $10,477 $1,790,900 $804,100 $986,800
2020 $10,205 $1,774,800 $796,200 $978,600
2019 $9,581 $1,613,000 $688,400 $924,600
2018 $8,942 $1,421,600 $595,600 $826,000
2017 $8,579 $1,321,900 $568,700 $753,200
2016 $7,983 $1,142,100 $446,000 $696,100
2015 $7,758 $992,100 $389,100 $603,000
2014 $7,771 $927,300 $374,100 $553,200
Source: Public Records

Agents Affiliated with this Home

  • Colleen Toner

    Seller's Agent in 2016

    Colleen Toner

    Toner Real Estate, LLC

    (617) 438-7878

    174 Total Sales

    Colleen Toner
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72023346

MLS Property Information Network (MLS PIN)

APN: CAMB-000121-000000-000119

Massachusetts Middlesex County Cambridge 02139 Riverside

589 Franklin St, Cambridge, MA

This home is located at 589 Franklin St, Cambridge, MA 02139 since 15 June 2016 and is currently estimated at $3,275,474, approximately $779 per square foot. This property was built in 1903. 589 Franklin St 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.

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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