Seller's Agent in 2018
Shane Marrion
Benoit Real Estate Group ,LLC
(617) 750-6378
3 in this area
73 Total Sales
61 Reed St Unit 61 Cambridge, MA 02140
North Cambridge NeighborhoodEstimated Value: $1,181,000 - $1,395,517
5
Beds
3
Baths
1,606
Sq Ft
$250/mo
HOA Fee
About This Home
As of August 2018Great Location! Easy walk to Davis Sq, Red Line T station, bike path, Alewife, and all the great restaurants and shops on Mass Ave. Spacious, affordable condo in two unit building can be a comfortable 4 or 5 bedroom with 2 full and 1 half bath. Unit is desirable townhouse style (no unit above or below). Hardwood floors, skylights, in unit bedroom level laundry, plenty of storage, private back deck, and nice common BBQ area. Lovely tree-filled back yard. Full basement, quality Burnham gas heating system and circuit breakers. Significant amount of recent structural work completed in the basement including Lally Columns, foundation work and support beams. Rare 3 car garage and 3 additional off-street parking spaces. Located close to the Peabody and Graham Park schools. Self-managed association. Seller to review all offers Tuesday June 19th at 6pm.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,574
Year Built
- Built in 1880
HOA Fees
- $250 per month
Parking
- 3 Car Garage
Flooring
- Wood
- Tile
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2018
Closed on
Aug 17, 2018
Sold by
61 Reed Street T
Bought by
Getto Jacob N
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
4 Buyers RE Team
4 Buyers Real Estate
List Price
$795,000
Sold Price
$850,000
Premium/Discount to List
$55,000
6.92%
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
$439,629
Avg. Annual Appreciation
6.09%
Original Mortgage
$680,000
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
May 24, 2004
Sold by
61 Reed St T and Finch
Bought by
Chilson Douglas W
Purchase Details
Closed on
Oct 7, 1993
Sold by
Finch Thomas L and Finch Frances
Bought by
Finch Thomas L and Finch Frances
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.73%
Purchase Details
Closed on
Sep 21, 1990
Sold by
Finch Thomas L
Bought by
Finch Thomas L
Purchase Details
Closed on
Sep 5, 1989
Sold by
Allen Anthony M
Bought by
Finch Francis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,200
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Getto Jacob N | $850,000 | -- | |
| Getto Jacob N | $850,000 | -- | |
| Chilson Douglas W | $243,000 | -- | |
| Chilson Douglas W | $243,000 | -- | |
| Finch Thomas L | $58,650 | -- | |
| Finch Thomas L | $8,511 | -- | |
| Finch Francis | $171,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Getto Jacob N | $680,000 | |
| Closed | Getto Jacob N | $680,000 | |
| Previous Owner | Finch Francis | $125,000 | |
| Previous Owner | Finch Francis | $128,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2018 08/17/18 | Sold | $850,000 | +6.9% | $529 / Sq Ft |
| 06/29/2018 06/29/18 | Pending | -- | -- | -- |
| 06/13/2018 06/13/18 | For Sale | $795,000 | 0.0% | $495 / Sq Ft |
| 06/08/2018 06/08/18 | Pending | -- | -- | -- |
| 05/27/2018 05/27/18 | For Sale | $795,000 | -- | $495 / 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 | $7,574 | $1,192,700 | $0 | $1,192,700 |
| 2024 | $6,954 | $1,174,700 | $0 | $1,174,700 |
| 2023 | $6,476 | $1,105,200 | $0 | $1,105,200 |
| 2022 | $5,368 | $1,008,700 | $0 | $1,008,700 |
| 2021 | $5,368 | $917,600 | $0 | $917,600 |
| 2020 | $5,032 | $875,200 | $0 | $875,200 |
| 2019 | $4,867 | $819,300 | $0 | $819,300 |
| 2018 | $4,782 | $760,200 | $0 | $760,200 |
| 2017 | $4,686 | $722,100 | $0 | $722,100 |
| 2016 | $4,641 | $664,000 | $0 | $664,000 |
| 2015 | $4,635 | $592,700 | $0 | $592,700 |
| 2014 | $4,643 | $554,100 | $0 | $554,100 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Marrion
-
4 Buyers RE Team
Buyer's Agent in 2018
4 Buyers RE Team
4 Buyers Real Estate
(617) 776-8304
6 in this area
74 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72334443
APN: CAMB-000192-000000-000030-000061
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.
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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