Seller's Agent in 2018
Faye Fu
York Realty LLC
(617) 356-7858
22 Total Sales
65 Pearl St Cambridge, MA 02139
Cambridgeport Neighborhood
6
Beds
7
Baths
4,047
Sq Ft
3,920
Sq Ft Lot
About This Home
As of December 2017A prime Cambridgeport location makes this mixed use building a rare opportunity indeed for both the investor or owner occupant. There are 6 total units; one commercial space, a large owners unit, and four rental units. The rental units include three one bedroom apartments and one studio which are all completely furnished and show an excellent income history. The 3 bedroom, 2 bath owners unit features a private entrance foyer w/separate studio / bedroom and staircase leading up to a comfortable living room, two BRs, eat-in kitchen, full bath, and separate study. This unit also includes garage parking and will be delivered vacant. The Pearl Street Laundry has been in business for over 25 years and is included in the sale as an excellent turn-key opportunity with a loyal client base. Perfectly situated between MIT, Harvard,and the Charles River, and is very accessible to Central Square and the Red Line.
Last Agent to Sell the Property
Coldwell Banker Realty - Cambridge Listed on: 04/01/2015
Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Corner, Fenced/Enclosed
- Other Agent: 2.50
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 15
- Amenities: Public Transportation, Shopping, Laundromat, Public School, T-Station, University
- Electric: Circuit Breakers
- Flooring: Wood
- Basement: Full, Bulkhead
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Shingles, Shake, Stucco
- Exterior Features: Porch - Enclosed, Patio, Professional Landscaping, Fenced Yard
- Foundation: Fieldstone
Garage/Parking
- Garage Spaces: 1
- Parking: Off-Street
- Parking Spaces: 1
Utilities
- Heat Zones: 1
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 6
Schools
- Elementary School: Tbd
- High School: Rindge & Latin
Lot Info
- Assessor Parcel Number: M:00106 L:00051
- Zoning: C1
Multi Family
- APOD Available: Yes
- Expenses Year End: 12/14
- Heat Units: 1
- Total Bedrooms: 6
- Total Floors: 9
- Total Full Baths: 6
- Total Half Baths: 1
- Total Levels: 3
- Total Rms: 17
- Total Rent_1: 6800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2018
Closed on
Dec 29, 2017
Sold by
65 Pearl Llc
Bought by
W & D Investment Llc
Seller's Agent
Faye Fu
York Realty LLC
Buyer's Agent
Faye Fu
York Realty LLC
Sold Price
$1,900
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
$4,777,813
Avg. Annual Appreciation
6.55%
Original Mortgage
$1,850,000
Outstanding Balance
$1,579,595
Interest Rate
3.95%
Mortgage Type
Unknown
Estimated Equity
$3,036,556
Purchase Details
Listed on
Apr 1, 2015
Closed on
Jan 29, 2016
Sold by
Eon Beverly
Bought by
6 Pearl Pearl Llc
Seller's Agent
John Barmon
Coldwell Banker Realty - Cambridge
Buyer's Agent
Tara Wilstein
Compass
List Price
$1,985,000
Sold Price
$1,850,000
Premium/Discount to List
-$135,000
-6.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.24%
Original Mortgage
$1,375,000
Interest Rate
3.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 31, 1999
Sold by
Second Pearl St Rt
Bought by
Eon Beverly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.78%
Mortgage Type
Commercial
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $2,850,000 | -- | |
| Not Resolvable | $1,850,000 | -- | |
| Land Court Massachusetts | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,850,000 | Unknown | |
| Previous Owner | $1,375,000 | Commercial | |
| Previous Owner | $162,800 | Commercial | |
| Previous Owner | $470,000 | No Value Available | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $310,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2018 03/26/18 | Rented | $2,200 | 0.0% | -- |
| 03/26/2018 03/26/18 | Under Contract | -- | -- | -- |
| 01/02/2018 01/02/18 | For Rent | $2,200 | 0.0% | -- |
| 12/29/2017 12/29/17 | Sold | $2,850,000 | -1.7% | $704 / Sq Ft |
| 12/21/2017 12/21/17 | Pending | -- | -- | -- |
| 10/12/2017 10/12/17 | Price Changed | $2,900,000 | +16.0% | $717 / Sq Ft |
| 07/10/2017 07/10/17 | For Sale | $2,500,000 | +35.1% | $618 / Sq Ft |
| 01/29/2016 01/29/16 | Sold | $1,850,000 | -6.8% | $457 / Sq Ft |
| 10/06/2015 10/06/15 | Pending | -- | -- | -- |
| 04/01/2015 04/01/15 | For Sale | $1,985,000 | -- | $490 / 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 | -- | $2,587,100 | $1,456,000 | $1,131,100 |
| 2024 | -- | $2,637,100 | $1,533,000 | $1,104,100 |
| 2023 | $0 | $2,600,200 | $1,533,000 | $1,067,200 |
| 2022 | $0 | $2,443,800 | $1,435,000 | $1,008,800 |
| 2021 | $0 | $2,534,800 | $1,414,000 | $1,120,800 |
| 2020 | $0 | $2,294,300 | $1,365,000 | $929,300 |
| 2019 | $0 | $2,064,300 | $1,187,200 | $877,100 |
| 2018 | -- | $1,487,200 | $1,032,500 | $454,700 |
| 2017 | -- | $1,256,700 | $980,000 | $276,700 |
| 2016 | -- | $918,800 | $700,000 | $218,800 |
| 2015 | -- | $757,100 | $481,900 | $275,200 |
| 2014 | -- | $698,300 | $457,500 | $240,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2017
Jason Weissman
Boston Realty Advisors
(888) 492-7773
5 Total Sales
-
Seller's Agent in 2016
John Barmon
Coldwell Banker Realty - Cambridge
(617) 529-6335
3 Total Sales
-
Buyer's Agent in 2016
Tara Wilstein
Compass
(617) 206-3333
22 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71809993
APN: CAMB-000106-000000-000051
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