NOT LISTED FOR SALE

Estimated Value: $1,361,000 - $1,530,647

3 Beds
3 Baths
1,607 Sq Ft
1851 Built

Last Sold May 10, 2016

Last sale price $1,300,000 $809 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,701/month

4 Days on Market

About This Home

As of May 2016

Truly stunning, this Greek Revival condo in c.1851 brick 3 unit townhouse with ornamental iron work is a slice of historic Boston architecture on tree lined Otis St in Cambridge. This floor thru unit has been lovingly restored and renovated for contemporary living with soaring ceilings,original wide pine floors, and crown moldings throughout. Newly renovated chef's kitchen has custom maple cabinets, honed granite counters,gas Viking stove, Subzero refrigerator, and Bosch dishwasher. Large master suite has walk in closet,built in bookcases,and a gorgeous renovated spa-like bath with huge marble shower. Two additional bedrooms, walk in closet, guest bath and brand new washer/dryer complete this floor. Step up one flight to your very own,private 500sf roof deck with amazing views of Boston and Cambridge, prime viewing for the July 4th firework celebration. Walk score of 94 and Biker's score of 98! Green line with 2 blocks, Red Line T is 10 minute walk. Seconds to all Cambridge and Boston

Last Agent to Sell the Property

Gary Vrotsos

Coldwell Banker Realty - Cambridge Listed on: 03/16/2016

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Spencer Lane

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,470

Year Built

1851

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper, Top/Penthouse
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1851

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Pine
  • Interior Amenities: Cable Available
  • Bedroom 2: Fourth Floor, 12X15
  • Bedroom 3: Fourth Floor, 8X8
  • Bathroom #1: Third Floor
  • Bathroom #2: Third Floor
  • Bathroom #3: Third Floor
  • Kitchen: Third Floor, 8X16
  • Living Room: Third Floor, 16X17
  • Master Bedroom: Fourth Floor, 16X16
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Wood
  • Dining Room: Third Floor, 10X14
  • Oth1 Level: Fourth Floor
  • No Living Levels: 2

Exterior Features

  • Roof: Rubber
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Deck - Roof, Decorative Lighting, City View(s)

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 59 Otis Street Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Association Security: Intercom
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 3
  • Optional Fee Includes: Air Conditioning
  • Optional Fee: 0.00
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:00024 L:0011100003
  • Zoning: C1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 10, 2016
Sold by
Boyson Lesley-Ann and Jones Deborah
Bought by
Brand Peter A and Phillips Jacqueline
Seller's Agent
Gary Vrotsos
Coldwell Banker Realty - Cambridge
Buyer's Agent
Spencer Lane
Compass
List Price
$989,000
Sold Price
$1,300,000
Premium/Discount to List
$311,000
31.45%
Current Estimated Value
$1,460,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,216
Avg. Annual Appreciation
0.94%
Original Mortgage
$517,000
Outstanding Balance
$417,726
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,000,489

Purchase Details

Closed on
Aug 2, 2011
Sold by
Jones Deborah
Bought by
Jones Deborah and Boyson Lesley-Ann

Purchase Details

Closed on
Apr 17, 2002
Sold by
Otis Danielle E and Eriksson Anders D
Bought by
Jones Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1997
Sold by
Nagle Peter C
Bought by
Otis Danielle E and Eriksson Anders D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.55%
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
Brand Peter A $1,300,000 --
Jones Deborah -- --
Jones Deborah $520,000 --
Otis Danielle E $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brand Peter $100,000
Open Brand Peter A $517,000
Previous Owner Jones Deborah $25,000
Previous Owner Jones Deborah $364,000
Previous Owner Otis Danielle E $150,000
Previous Owner Otis Danielle E $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $1,300,000 +31.4% $809 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $989,000 -- $615 / 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 $8,470 $1,333,800 $0 $1,333,800
2024 $7,878 $1,330,700 $0 $1,330,700
2023 $7,253 $1,237,700 $0 $1,237,700
2022 $7,172 $1,211,500 $0 $1,211,500
2021 $7,019 $1,199,800 $0 $1,199,800
2020 $6,607 $1,149,000 $0 $1,149,000
2019 $6,332 $1,066,000 $0 $1,066,000
2018 $6,154 $978,300 $0 $978,300
2017 $5,112 $787,700 $0 $787,700
2016 $5,082 $727,000 $0 $727,000
2015 $4,978 $636,600 $0 $636,600
2014 $4,796 $572,300 $0 $572,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71973330

MLS Property Information Network (MLS PIN)

APN: CAMB-000024-000000-000111-000003