60 Magnolia Ave Unit 2 Cambridge, MA 02138
Mid-Cambridge Neighborhood
2
Beds
1
Bath
862
Sq Ft
1898
Built
About This Home
As of October 2014Recently renovated to the studs 2bd/1ba condo, located minutes away from both Inman and Harvard Squares. This well-designed home features gleaming hardwood floors throughout, recessed lighting, a spectacular granite/stainless kitchen with ample storage, beautifully tiled bathroom, gas fireplace, in-unit laundry, central air/heat, private basement storage and an over-sized covered deck off the spacious living room. Steps from the Cambridge Public Library as well as the popular Wine & Cheese Cask, Bergamot, Dali, Kirkland Tap & Trotter, Savenor's Market and the Biscuit all on the same corner! A brand new Whole Foods store is just down the road. High owner occupancy, low monthly condo fees and very strong condo cash reserves make this a very wise investment. Showings start at 2 open houses: Saturday and Sunday 12:30-2pm. Offers will be reviewed on Tuesday 8/12 at 5pm.
Last Buyer's Agent
Rebecca Ladd
Coldwell Banker Realty - Brookline License #449540215
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2014
Closed on
Oct 1, 2014
Sold by
Owens Christopher and Owens Antoniya
Bought by
Hller Jesse and Indge Caroline
Seller's Agent
Ryan Persac
Buyer's Agent
Rebecca Ladd
Coldwell Banker Realty - Brookline
List Price
$525,000
Sold Price
$631,000
Premium/Discount to List
$106,000
20.19%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,744
Avg. Annual Appreciation
2.05%
Original Mortgage
$504,800
Interest Rate
4.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2007
Sold by
60-2 Magnolia Avenue T and 60-2 Batchelder
Bought by
Owens Anitonya and Owens Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$4,855
Year Built
1898
Lot Details
0
Listing Details
- Unit Level: 2
- Unit Placement: Middle, Front
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1898
Interior Features
- Has Basement: Yes
- Fireplaces: 1
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Flooring: Wood, Tile
Exterior Features
- Exterior: Wood
- Exterior Unit Features: Porch, Deck
Garage/Parking
- Parking: On Street Permit
- Parking Spaces: 0
Utilities
- Hot Water: Electric
- Utility Connections: for Gas Range, for Gas Oven
Condo/Co-op/Association
- Association Fee Includes: Water, Sewer, Master Insurance, Snow Removal
- Management: Owner Association
- Pets Allowed: Yes w/ Restrictions
- No Units: 4
- Unit Building: 2
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $631,000 | -- | |
| Deed | $392,000 | -- | |
| Deed | $392,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $441,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $504,800 | New Conventional | |
| Previous Owner | $368,000 | No Value Available | |
| Previous Owner | $313,600 | Purchase Money Mortgage | |
| Previous Owner | $58,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2024 11/29/24 | Off Market | $3,700 | -- | -- |
| 09/27/2024 09/27/24 | For Rent | $3,700 | +2.8% | -- |
| 03/16/2024 03/16/24 | Rented | $3,600 | 0.0% | -- |
| 03/04/2024 03/04/24 | Under Contract | -- | -- | -- |
| 02/26/2024 02/26/24 | Price Changed | $3,600 | -2.7% | $4 / Sq Ft |
| 02/08/2024 02/08/24 | For Rent | $3,700 | +15.6% | -- |
| 12/07/2019 12/07/19 | Rented | $3,200 | 0.0% | -- |
| 11/05/2019 11/05/19 | Under Contract | -- | -- | -- |
| 10/03/2019 10/03/19 | For Rent | $3,200 | 0.0% | -- |
| 10/01/2014 10/01/14 | Sold | $631,000 | +20.2% | $732 / Sq Ft |
| 08/12/2014 08/12/14 | Pending | -- | -- | -- |
| 08/07/2014 08/07/14 | For Sale | $525,000 | -- | $609 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $4,855 | $764,600 | $0 | $764,600 |
| 2024 | $4,375 | $739,000 | $0 | $739,000 |
| 2023 | $4,299 | $733,700 | $0 | $733,700 |
| 2022 | $4,248 | $717,600 | $0 | $717,600 |
| 2021 | $4,158 | $710,700 | $0 | $710,700 |
| 2020 | $4,018 | $698,800 | $0 | $698,800 |
| 2019 | $3,847 | $647,700 | $0 | $647,700 |
| 2018 | $3,735 | $593,800 | $0 | $593,800 |
| 2017 | $3,516 | $541,800 | $0 | $541,800 |
| 2016 | $3,348 | $478,900 | $0 | $478,900 |
| 2015 | $3,312 | $423,500 | $0 | $423,500 |
| 2014 | $3,166 | $377,800 | $0 | $377,800 |
Source: Public Records
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71725887
APN: CAMB-000141-000000-000049-000060-2
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