NOT LISTED FOR SALE

Estimated Value: $1,044,000 - $1,340,000

2 Beds
2.5 Baths
1,413 Sq Ft
$210/mo HOA Fee

Last Sold June 28, 2012

Last sale price $638,000 $452 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,522/month

18 Days on Market

Highlights

  • Golf Course Community
  • 3-minute walk to Lechmere Station
  • No Units Above
  • Medical Services
  • Spa
  • 1-minute walk to Silva Park

About This Home

As of June 2012

Spectacular sun-filled 2-level penthouse in elegant Beacon Hill style brownstone in E. Cambridge. Oak floors, deep crown moldings, recessed lighting, oversized windows & elegant architectural detail. Gourmet kitchen with custom cabinets, honed granite, Viking, Sub-Zero & Miele appliances. Open plan dining/living has bay window & gas FP. Generous BRs. Master suite with hi ceilings, skylight & FP. Master BA with Jacuzzi tub & sep shower. In-unit W/D, AC, custom closets, parking & Boston views!

Last Agent to Sell the Property

Lisa Drapkin

Compass Listed on: 03/28/2012

Compass

Co-Listed By

Nancy Dixon

Coldwell Banker Realty - Cambridge License #449522640

Last Buyer's Agent

Thalia Tringo

Thalia Tringo & Associates Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 1851

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,413 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Insulated Windows
  • Bay Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • City Views

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on fourth floor
  • Custom Closet System
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Spa
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number 4522628

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 8 Units
  • 63 65/65R Otis Street Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,994

Year Built

Built in 1851

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Rowhouse
  • Year Built: 1851
  • Buyer Agency: 3
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 3
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Wine Refrigerator,ENERGY STAR Qualified Washer,Range Hood, Electric Water Heater,Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Fourth Floor
  • Room Bedroom2 Features: Skylight, Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Skylight, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Room Master Bedroom Level: Fourth Floor
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Fourth Floor
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub
  • Bathroom 3 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Fourth Floor
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting
  • Accessibility Features: No
  • Living Area: 1413
  • Spa YN: Yes
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 442.32
  • PRICE PER Sq Ft: 451.52
  • MAIN SO: AC1102

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Icemaker Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom, Security System
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 210.38
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 4522628
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 999
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2994
  • Tax Book Number: 99999

Multi Family

  • Number Of Units Total: 8
  • NO UNITS OWNER OCC: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2012
Closed on
Jun 28, 2012
Sold by
Bhargava Alok and Mukerji Aloshri
Bought by
Bourns Jeffrey and Bourns Stacey K
Seller's Agent
Lisa Drapkin
Compass
Buyer's Agent
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
List Price
$625,000
Sold Price
$638,000
Premium/Discount to List
$13,000
2.08%
Current Estimated Value
$1,231,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,701
Avg. Annual Appreciation
5.14%
Original Mortgage
$465,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Montreal Investments L
Bought by
Bhargava Alok and Mukerji Aloshri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bourns Jeffrey $638,000 --
Bourns Jeffrey $638,000 --
Bhargava Alok $590,000 --
Bhargava Alok $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourns Stacey K $464,000
Closed Bourns Jeffrey $465,750
Closed Bourns Jeffrey $44,650
Previous Owner Bhargava Alok $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $638,000 +2.1% $452 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $625,000 -- $442 / 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 $6,817 $1,073,600 $0 $1,073,600
2024 $6,299 $1,064,100 $0 $1,064,100
2023 $5,907 $1,008,100 $0 $1,008,100
2022 $5,842 $986,900 $0 $986,900
2021 $5,690 $972,700 $0 $972,700
2020 $5,679 $987,700 $0 $987,700
2019 $5,455 $918,300 $0 $918,300
2018 $5,313 $844,700 $0 $844,700
2017 $5,150 $793,500 $0 $793,500
2016 $5,045 $721,700 $0 $721,700
2015 $4,816 $615,800 $0 $615,800
2014 $4,527 $540,200 $0 $540,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71358319

MLS Property Information Network (MLS PIN)

APN: CAMB-000024-000000-000113-000065-3