Seller's Agent in 2017
Lori Orchanian
Coldwell Banker Realty - Belmont
(617) 413-6770
1 in this area
125 Total Sales
65 Walden St Cambridge, MA 02140
Neighborhood Nine Neighborhood
6
Beds
6
Baths
4,000
Sq Ft
6,970
Sq Ft Lot
About This Home
As of July 2017HIGHLY DESIRABLE PORTER SQUARE LOCALE!! This spacious multi family includes six one bedroom units, six baths and six parking spaces all on a tree lined street. There is one centralized heating system and one hot water tank so heat and hot water are included in the rents. Roof is approximately 6 years old. Tenants pay their own electric and gas for cooking. The large parking lot in back of property is rare to find. It allows all units to park one car. Rents have been kept low. They are below market and could be improved with updates. Laundry facilities in the basement. This would be a fine addition to your portfolio as either a buy and hold or a condo conversion. Units vary in size and layout. See floor plans attached. Great target for a 1031 Exchange. Group Showings Only Thursday, Friday and Saturday 1-2:30.
Last Agent to Sell the Property
Coldwell Banker Realty - Belmont Listed on: 05/17/2017
Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
6,970 Sq Ft Lot
Listing Details
- Lot Description: Paved Drive
- Property Type: Multi-family
- Other Agent: 2.50
- Lead Paint: Unknown
- Year Round: Yes
- Insc: 4800
- Year Built Description: Approximate, Renovated Since
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 5
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 14
- Amenities: Public Transportation, Shopping, Medical Facility, Private School, Public School, T-Station, University
- Electric: Individually Metered
- Flooring: Wood, Tile
- Basement: Partial
- Full Bathrooms: 6
- Total Levels: 5
- Main Lo: K95001
- Main So: K95001
- Estimated Sq Ft: 4000.00
Exterior Features
- Construction: Frame
- Exterior: Wood
- Foundation: Other (See Remarks)
Garage/Parking
- Parking: Off-Street, Improved Driveway, Paved Driveway
- Parking Spaces: 6
Utilities
- Heat Zones: 6
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
- Electric: 400
Condo/Co-op/Association
- Total Units: 6
Lot Info
- Assessor Parcel Number: M:00202 L:00027
- Zoning: C1
- Acre: 0.16
- Lot Size: 6875.00
Multi Family
- APOD Available: Yes
- Cooling Common: None
- Expenses Year End: 12/16
- Heating Common: Central Heat, Gas
- Heat Units: 1
- Total Bedrooms: 6
- Total Floors: 9
- Total Full Baths: 6
- Total Levels: 3
- Total Rms: 17
- Total Rent_1: 8950
- Multi Family Type: 5-9 Family
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2017
Closed on
Jul 26, 2017
Sold by
Bought by
Seller's Agent
Lori Orchanian
Coldwell Banker Realty - Belmont
Buyer's Agent
Lori Orchanian
Coldwell Banker Realty - Belmont
List Price
$2,400,000
Sold Price
$2,320,000
Premium/Discount to List
-$80,000
-3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,000
Outstanding Balance
$1,442,942
Interest Rate
3.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 15, 2004
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,320,000 | -- | ||
| $1,050,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,000,000 | ||
| Open | $1,775,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2017 07/26/17 | Sold | $2,320,000 | -3.3% | $580 / Sq Ft |
| 05/27/2017 05/27/17 | Pending | -- | -- | -- |
| 05/17/2017 05/17/17 | For Sale | $2,400,000 | -- | $600 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,342 | $2,573,600 | $1,344,000 | $1,229,600 |
| 2024 | $15,780 | $2,665,500 | $1,374,000 | $1,291,500 |
| 2023 | $15,768 | $2,690,700 | $1,374,000 | $1,316,700 |
| 2022 | $14,625 | $2,470,500 | $1,284,000 | $1,186,500 |
| 2021 | $14,758 | $2,522,700 | $1,010,000 | $1,512,700 |
| 2020 | $13,431 | $2,335,900 | $975,000 | $1,360,900 |
| 2019 | $12,501 | $2,104,500 | $848,000 | $1,256,500 |
| 2018 | $9,809 | $1,559,500 | $737,500 | $822,000 |
| 2017 | $9,204 | $1,418,200 | $700,000 | $718,200 |
| 2016 | $8,777 | $1,255,700 | $535,000 | $720,700 |
| 2015 | $8,273 | $1,057,900 | $430,000 | $627,900 |
| 2014 | $8,060 | $961,800 | $400,000 | $561,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Orchanian
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72165703
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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