NOT LISTED FOR SALE

655 Concord Ave Unit 502 Cambridge, MA 02138

Estimated Value: $872,000 - $1,059,000

3 Beds
2 Baths
1,356 Sq Ft
$496/mo HOA Fee

Last Sold July 31, 2018

Last sale price $740,000 $546 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,777/month

6 Days on Market

About This Home

As of July 2018

Rare 5th floor condo with underground garage parking in a contemporary elevator building. Conveniently located near Alewife T Station and Fresh Pond Shopping Area, this home offers a very flexible, commuter-friendly location for hopping onto Route 2, 93, Memorial Drive, the Red Line or right on a bus into Harvard Square. Pull right into your own garage parking spot and take the elevator to your 5th floor unit that offers a generous floor plan featuring 3 bedrooms and 2 full baths. Open floor plan between the kitchen, dining, and living room area offers awesome entertaining space that flows directly onto a private balcony that has stunning views. Enjoy central heat, central A/C, in-unit laundry, tons of closet storage space in the unit and extra storage on shelving in front of garage parking spot 29. Plenty of visitor parking next door. Close to Whole Foods, Trader Joes, beautiful Fresh Pond, Danehy Park, Tobin Elementary School, restaurants, shops, running paths, and golf course.

Last Agent to Sell the Property

Philip Hou

Splice Realty Listed on: 05/17/2018

Last Buyer's Agent

Hongmei Wang

HMW Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 1996

HOA Fees

  • $496 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Freezer
  • Dishwasher

Flooring

  • Wood Flooring

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:0267E L:0026900502

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,524

Year Built

Built in 1996

Lot Details

0

HOA Fees

$496 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 515.49
  • Comp Based On: Net Sale Price
  • Year Built: 1996
  • Unit Building: 502
  • Unit Level: 5
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Flooring: Wood
  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 5
  • No Living Levels: 1
  • Main Lo: AN0976
  • Main So: AN0688
  • Estimated Sq Ft: 1356.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Roof Material: Rubber
  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking Feature: Off-Street, Guest
  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Central Heat, Forced Air, Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • HOA Fees: 496.25
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: The Enclave

Lot Info

  • Assessments: 534900.00
  • Page: 521
  • Parcel Number: M:0267E L:0026900502
  • Zoning: O2

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3365.00
  • Assessor Parcel Number: 419505

Multi Family

  • No Units: 37
  • No Units Owner Occ: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 31, 2018
Sold by
Huang David and Huang Wendy
Bought by
Sun Lu and Zhang Jing
Seller's Agent
Philip Hou
Splice Realty
Buyer's Agent
Hongmei Wang
HMW Real Estate, LLC
List Price
$699,000
Sold Price
$740,000
Premium/Discount to List
$41,000
5.87%
Current Estimated Value
$935,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,029
Avg. Annual Appreciation
3.23%
Original Mortgage
$540,000
Outstanding Balance
$458,156
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$476,873

Purchase Details

Closed on
Oct 1, 2009
Sold by
Jaeger Gregg and Jaeger Savina
Bought by
Huang David and Huang Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2004
Sold by
Cody Colleen M
Bought by
Jaeger Gregg and Andonova Savina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1999
Sold by
Kelly Richard J
Bought by
Cody Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sun Lu $740,000 --
Huang David $412,000 --
Jaeger Gregg $410,000 --
Cody Colleen M $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Lu $540,000
Previous Owner Huang David $329,600
Previous Owner Jaeger Gregg $328,000
Previous Owner Cody Colleen M $230,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $740,000 +5.9% $546 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $699,000 0.0% $515 / Sq Ft
08/11/2016 08/11/16 Rented $2,900 0.0% --
08/10/2016 08/10/16 Under Contract -- -- --
08/05/2016 08/05/16 Price Changed $2,900 +7.4% $2 / Sq Ft
08/02/2016 08/02/16 For Rent $2,700 -- --
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 $4,524 $712,500 $0 $712,500
2024 $4,236 $715,600 $0 $715,600
2023 $3,991 $681,000 $0 $681,000
2022 $3,947 $666,700 $0 $666,700
2021 $3,789 $647,700 $0 $647,700
2020 $3,583 $623,100 $0 $623,100
2019 $3,446 $580,200 $0 $580,200
2018 $3,365 $534,900 $0 $534,900
2017 $3,175 $489,200 $0 $489,200
2016 $3,139 $449,000 $0 $449,000
2015 $3,119 $398,800 $0 $398,800
2014 $3,095 $369,300 $0 $369,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Philip Hou

    Splice Realty

  • Hongmei Wang

    Buyer's Agent in 2018

    Hongmei Wang

    HMW Real Estate, LLC

    (617) 603-7915

    30 Total Sales

    Hongmei Wang
    Section Image

  • D

    Seller's Agent in 2016

    David Yang

    Boston Luxury Real Estate, LLC

    (617) 475-0139

    David Yang
    Section Image
  • The Tabassi Team

    Buyer's Agent in 2016

    The Tabassi Team

    RE/MAX

    (978) 375-5834

    581 Total Sales

    The Tabassi Team
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72328982

MLS Property Information Network (MLS PIN)

APN: CAMB-000267E-000000-000269-000502

Massachusetts Middlesex County Cambridge 02138

655 Concord Ave Unit 502, Cambridge, MA

Not Listed for Sale

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes