NOT LISTED FOR SALE

Estimated Value: $782,000 - $894,000

1 Bed
2 Baths
895 Sq Ft
$266/mo HOA Fee

Last Sold December 13, 2018

Last sale price $618,321 $691 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,208/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Quarter Acre Park

About This Home

As of December 2018

Bright top floor one bedroom plus in Cambridgeport, close to the Charles River, MIT and Boston University. Spacious study on the second floor entry level. Private stairs lead up to the light-filled top floor with cathedral ceiling and multiple skylights. Inviting open plan with comfortable living room and spacious dining area next to efficient and appealing kitchen with stainless steel appliances and center island. Larger bedroom with ample closet space. Highlights of this home include central air conditioning; in-unit laundry; natural stone tile in both bathrooms; designated storage area in the basement, plus your own private one-car garage. Brand new hot water tank (2018) just installed. Florence Street is a leafy residential side street, near Starbucks, Trader Joe's and Whole Foods. Enjoy easy access to Magazine Beach and the river and Boston beyond, as well as the Red Line and the eclectic shops and restaurants in Central Square. A very appealing Cambridge home.

Last Agent to Sell the Property

Charles Cherney

Compass Listed on: 10/17/2018

Compass

Last Buyer's Agent

Maggie Dee

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,477

Year Built

  • Built in 1902

HOA Fees

  • $266 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Holding Tank

Additional Features

  • Wood Flooring
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,477

Year Built

Built in 1902

Lot Details

0

HOA Fees

$266 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 690.50
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1902
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 6
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1902

Interior Features

  • Flooring: Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: Third Floor
  • Full Bathrooms: 2
  • Bathroom 1: On Level: Third Floor, Bathroom - 3/4
  • Bathroom 2: On Level: Third Floor, Bathroom - Full
  • No Rooms: 4
  • Dining Room: On Level: Third Floor
  • Kitchen: On Level: Third Floor
  • Laundry: On Level: Third Floor
  • Living Room: On Level: Third Floor
  • Basement: Y
  • Other Room 1: Name: Study, On Level: Second Floor
  • No Living Levels: 2
  • Main Lo: AN2383
  • Main So: AN2383
  • Estimated Sq Ft: 895.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard

Garage/Parking

  • Parking Feature: Off-Street
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Highway Access
  • HOA Fees: 266.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 7 Florence Street Condominium

Lot Info

  • Assessments: 554900.00
  • Page: 109
  • Zoning: res.

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 1379.99
  • Assessor Parcel Number: 4569402

Multi Family

  • No Units: 6
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 19, 2018
Sold by
Siegel Benjamin R
Bought by
Shulman Valerie F
Seller's Agent
Charles Cherney
Compass
Buyer's Agent
Maggie Dee
Compass
List Price
$618,000
Sold Price
$618,321
Premium/Discount to List
$321
0.05%
Current Estimated Value
$834,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,163
Avg. Annual Appreciation
3.84%
Original Mortgage
$290,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 11, 2015
Sold by
Zimny Mark
Bought by
Siegel Benjamin R
Seller's Agent
Andrew Boni
Summit Properties
Buyer's Agent
Kathryn Gustafson
Arborview Realty Inc.
List Price
$469,900
Sold Price
$445,000
Premium/Discount to List
-$24,900
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$220,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007
Sold by
Balcome-Grayson Dayna and Balcome Dayna E
Bought by
Zimny Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Shulman Valerie F $618,321 --
Siegel Benjamin R $445,000 --
Zimny Mark $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shulman Valerie F $298,000
Closed Shulman Valerie F $50,000
Closed Shulman Valerie F $306,000
Closed Shulman Valerie F $290,000
Previous Owner Siegel Benjamin R $220,000
Previous Owner Zimny Mark $425,000
Previous Owner Zimny Mark $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $618,321 +0.1% $691 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $618,000 +38.9% $691 / Sq Ft
04/30/2015 04/30/15 Sold $445,000 0.0% $497 / Sq Ft
03/20/2015 03/20/15 Off Market $445,000 -- --
03/19/2015 03/19/15 Price Changed $440,000 -6.4% $492 / Sq Ft
03/18/2015 03/18/15 For Sale $469,900 +5.6% $525 / Sq Ft
03/11/2015 03/11/15 Off Market $445,000 -- --
03/04/2015 03/04/15 For Sale $469,900 0.0% $525 / Sq Ft
07/07/2014 07/07/14 Rented $2,500 0.0% --
07/07/2014 07/07/14 For Rent $2,500 -- --
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 $4,477 $705,000 $0 $705,000
2024 $4,110 $694,200 $0 $694,200
2023 $4,036 $688,800 $0 $688,800
2022 $4,024 $679,800 $0 $679,800
2021 $3,865 $660,600 $0 $660,600
2020 $3,716 $646,200 $0 $646,200
2019 $3,575 $601,800 $0 $601,800
2018 $1,380 $554,900 $0 $554,900
2017 $3,346 $515,600 $0 $515,600
2016 $3,582 $512,400 $0 $512,400
2015 $3,558 $455,000 $0 $455,000
2014 $3,529 $421,100 $0 $421,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72411600

MLS Property Information Network (MLS PIN)

APN: CAMB-000100-000000-000040-000006