Seller's Agent in 2016
Lisa Drapkin
Compass
(617) 930-1288
36 Total Sales
63 Otis St Unit 3 Cambridge, MA 02141
East Cambridge NeighborhoodEstimated Value: $1,017,000 - $1,339,000
2
Beds
3
Baths
1,350
Sq Ft
1851
Built
About This Home
As of March 2016Sun-filled two-level penthouse in an elegant Back Bay style brownstone near Kendall Square, the Lechmere MBTA, MIT and just across the river from Boston. This home was beautifully renovated with Brazilian cherry and maple floors, over-sized windows, recessed lighting, and elegant architectural detail. The open plan loft-like living room, dining room and kitchen are on the top floor with skylights, a center gas fireplace and a bay window. The cook's kitchen features custom cabinetry, unique granite, and professional stainless steel appliances. On the floor below are two bedrooms, both with bathrooms en-suite. The lovely master bedroom has plentiful built-in cabinets and closet space, and a fireplace. Amenities include in-unit laundry, central air, parking and beautiful views of Boston, including the 4th of July fireworks! Landscaped city parks and the Charles River are your playground. See attached floor plans and brochure.
Property Details
Home Type
Condominium
Est. Annual Taxes
$6,608
Year Built
1851
Lot Details
0
Listing Details
- Unit Level: 3
- Unit Placement: Top/Penthouse
- Other Agent: 2.50
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1851
Interior Features
- Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer
- Fireplaces: 2
- Has Basement: No
- Fireplaces: 2
- Primary Bathroom: Yes
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Electric: Circuit Breakers, 100 Amps
- Energy: Insulated Windows, Prog. Thermostat
- Flooring: Hardwood, Stone / Slate
- Insulation: Full
- Interior Amenities: Cable Available
- Bedroom 2: Third Floor
- Bathroom #1: Third Floor
- Bathroom #2: Third Floor
- Bathroom #3: Fourth Floor
- Kitchen: Fourth Floor
- Laundry Room: Third Floor
- Living Room: Fourth Floor
- Master Bedroom: Third Floor
- Master Bedroom Description: Fireplace, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box
- Dining Room: Fourth Floor
Exterior Features
- Roof: Asphalt/Fiberglass Shingles, Rubber
- Construction: Brick
- Exterior: Brick
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 1
Utilities
- Cooling: Central Air, Individual
- Heating: Forced Air, Gas, Individual
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Oven, for Gas Dryer, Washer Hookup
Condo/Co-op/Association
- Condominium Name: 63-65/65R Otis Street Condominium
- Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
- Association Pool: No
- Management: Owner Association
- Pets Allowed: Yes
- No Units: 8
- Unit Building: 3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2015
Closed on
Mar 11, 2016
Sold by
Karande Meghana and Vasudevan Anand
Bought by
Li Shuchen and Huang Wu-Song
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Howard Chang
First Boston Realty International
List Price
$768,000
Sold Price
$796,000
Premium/Discount to List
$28,000
3.65%
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
$473,499
Avg. Annual Appreciation
4.71%
Original Mortgage
$200,000
Outstanding Balance
$91,463
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$1,136,607
Purchase Details
Closed on
Aug 2, 2006
Sold by
Sullivan Patrick J
Bought by
Karande Meghana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
6.7%
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 |
|---|---|---|---|
| Li Shuchen | $796,000 | -- | |
| Karande Meghana | $267,500 | -- | |
| Karande Meghana | $267,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Shuchen | $200,000 | |
| Closed | Li Shuchen | $200,000 | |
| Previous Owner | Karande Meghana | $548,000 | |
| Previous Owner | Karande Meghana | $448,000 | |
| Previous Owner | Karande Meghana | $56,000 | |
| Previous Owner | Nasudevan Anand | $60,000 | |
| Previous Owner | Karanda Meghana | $247,000 | |
| Previous Owner | Karanda Meghana | $95,000 | |
| Previous Owner | Vasudevan Anand | $38,000 | |
| Previous Owner | Karande Meghana | $240,750 | |
| Previous Owner | Karande Meghana | $58,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2016 03/11/16 | Sold | $796,000 | +3.6% | $590 / Sq Ft |
| 10/09/2015 10/09/15 | Pending | -- | -- | -- |
| 09/30/2015 09/30/15 | For Sale | $768,000 | -- | $569 / 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 | $6,608 | $1,040,700 | $0 | $1,040,700 |
| 2024 | $6,093 | $1,029,300 | $0 | $1,029,300 |
| 2023 | $5,730 | $977,900 | $0 | $977,900 |
| 2022 | $5,668 | $957,400 | $0 | $957,400 |
| 2021 | $5,519 | $943,400 | $0 | $943,400 |
| 2020 | $5,528 | $961,400 | $0 | $961,400 |
| 2019 | $5,310 | $893,900 | $0 | $893,900 |
| 2018 | $5,173 | $822,400 | $0 | $822,400 |
| 2017 | $5,855 | $902,100 | $0 | $902,100 |
| 2016 | $5,731 | $819,900 | $0 | $819,900 |
| 2015 | $5,336 | $682,400 | $0 | $682,400 |
| 2014 | $5,033 | $600,600 | $0 | $600,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Howard Chang
First Boston Realty International
(917) 667-3061
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71912551
APN: CAMB-000024-000000-000113-000063-3
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