Seller's Agent in 2020
Maggie Gold Seelig
MGS Group Real Estate LTD
(617) 645-4999
2 in this area
101 Total Sales
7 Garden Terrace Unit 1 Cambridge, MA 02138
Neighborhood Nine NeighborhoodEstimated Value: $4,035,000 - $4,940,811
4
Beds
4
Baths
3,900
Sq Ft
9,148
Sq Ft Lot
Highlights
- Marble Flooring
- Wine Refrigerator
- Central Heating and Cooling System
About This Home
As of September 2020Tucked on a sought after private way, amidst the hustle and bustle of Harvard Square, you will find 7 Garden Terrace. Occupying an enviable site, complete with private landscaped grounds; the property has been fully renovated to the highest standards, with current owners leaving no stone unturned. The front vestibule opens to a gracious center foyer that leads to the generously sized living and dining rooms. Just beyond the dining room is a gourmet kitchen, complete with top of the line appliances and custom millwork. The family room is open to the kitchen and a wall of windows/French doors overlook the glorious garden and stone patio. The second floor contains a master bedroom suite complete with marble bath/walk-in dressing room with a private deck, and two additional, generously sized bedrooms and bath. The top level comprises a gracious bedroom suite. The lower level has it all: billiards room, gym, wine cellar, laundry. Home is fully automated for security, lighting and sound.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $26,991
Year Built
- Built in 1900
Lot Details
- 9,148
Kitchen
- Built-In Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Stone
- Marble
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:00227 L:0009400001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2020
Closed on
Sep 3, 2020
Sold by
Peter Palandjian Ft
Bought by
7 Garden Terrace Llc
Seller's Agent
Maggie Gold Seelig
MGS Group Real Estate LTD
Buyer's Agent
Myra Von Turkovich
Leading Edge Real Estate
List Price
$4,700,000
Sold Price
$4,225,000
Premium/Discount to List
-$475,000
-10.11%
Total Days on Market
127
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
$256,270
Avg. Annual Appreciation
2.32%
Original Mortgage
$1,000,000
Outstanding Balance
$897,449
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,810,032
Purchase Details
Listed on
Apr 15, 2014
Closed on
Mar 31, 2015
Sold by
Downer Charles W
Bought by
Peter Palandjian Ft
Seller's Agent
The Petrowsky Jones Group
Compass
Buyer's Agent
Carol Kelly And Myra Von Turkovich
Compass
List Price
$2,175,000
Sold Price
$2,387,000
Premium/Discount to List
$212,000
9.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Purchase Details
Closed on
Aug 1, 1988
Sold by
Crumm Anne T
Bought by
Shapiro Thomas G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 7 Garden Terrace Llc | $4,225,000 | None Available | |
| Peter Palandjian Ft | $2,387,000 | -- | |
| Shapiro Thomas G | $760,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 7 Garden Terrace Llc | $1,000,000 | |
| Previous Owner | Peter Palandjian Ft | $1,625,000 | |
| Previous Owner | Peter Palandjian Ft | $1,175,000 | |
| Previous Owner | Downer Charles W | $540,000 | |
| Previous Owner | Shapiro Thomas G | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2020 09/09/20 | Sold | $4,225,000 | 0.0% | $1,083 / Sq Ft |
| 06/18/2020 06/18/20 | Off Market | $4,225,000 | -- | -- |
| 06/08/2020 06/08/20 | Price Changed | $4,450,000 | -5.3% | $1,141 / Sq Ft |
| 05/05/2020 05/05/20 | For Sale | $4,700,000 | +96.9% | $1,205 / Sq Ft |
| 03/31/2015 03/31/15 | Sold | $2,387,000 | +9.7% | $811 / Sq Ft |
| 02/23/2015 02/23/15 | Pending | -- | -- | -- |
| 02/04/2015 02/04/15 | Price Changed | $2,175,000 | 0.0% | $739 / Sq Ft |
| 02/04/2015 02/04/15 | For Sale | $2,175,000 | -8.9% | $739 / Sq Ft |
| 07/28/2014 07/28/14 | Off Market | $2,387,000 | -- | -- |
| 06/12/2014 06/12/14 | For Sale | $2,125,000 | -11.0% | $722 / Sq Ft |
| 04/16/2014 04/16/14 | Off Market | $2,387,000 | -- | -- |
| 04/15/2014 04/15/14 | For Sale | $2,125,000 | -- | $722 / 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 | $26,991 | $4,250,500 | $0 | $4,250,500 |
| 2024 | $25,827 | $4,362,600 | $0 | $4,362,600 |
| 2023 | $22,716 | $3,876,500 | $0 | $3,876,500 |
| 2022 | $20,911 | $3,532,300 | $0 | $3,532,300 |
| 2021 | $16,788 | $2,869,800 | $0 | $2,869,800 |
| 2020 | $15,299 | $2,660,700 | $0 | $2,660,700 |
| 2019 | $14,667 | $2,469,200 | $0 | $2,469,200 |
| 2018 | $14,701 | $2,272,000 | $0 | $2,272,000 |
| 2017 | $14,453 | $2,226,900 | $0 | $2,226,900 |
| 2016 | $10,846 | $1,551,700 | $0 | $1,551,700 |
| 2015 | $10,716 | $1,370,300 | $0 | $1,370,300 |
| 2014 | $10,603 | $1,265,300 | $0 | $1,265,300 |
Source: Public Records
Agents Affiliated with this Home
-
Maggie Gold Seelig
-
Rachel Goldman
Seller Co-Listing Agent in 2020
Rachel Goldman
MGS Group Real Estate LTD
(617) 714-4544
2 in this area
103 Total Sales
-
Myra Von Turkovich
Buyer's Agent in 2020
Myra Von Turkovich
Leading Edge Real Estate
(617) 834-0838
7 in this area
47 Total Sales
-
The Petrowsky Jones Group
Seller's Agent in 2015
The Petrowsky Jones Group
Compass
(617) 240-0799
27 in this area
260 Total Sales
-
Buyer's Agent in 2015
Carol Kelly And Myra Von Turkovich
Compass
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72651618
APN: CAMB-000227-000000-000094-000001
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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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