NOT LISTED FOR SALE

Estimated Value: $1,394,557 - $1,857,000

2 Beds
2 Baths
1,200 Sq Ft
$993/mo HOA Fee

Last Sold August 24, 2023

Last sale price $1,650,000 $1,375 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,611/month

83 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Sauna
  • River View
  • Clubhouse
  • 1-minute walk to Charles River Reservation

About This Home

As of August 2023

Welcome to unit W508 located in The Esplanade, the epitome of luxury living in Cambridge, MA. This stunning 2 bedroom, 2 bathroom condo is located on the banks of the Charles River, offering spectacular water views and an exceptional living experience. As you step inside the unit, you are greeted with an open foyer and kitchen that flows into a gorgeous dining and living area. The bedrooms are spacious and bright, with floor to ceiling windows that allow for plenty of natural light and stunning views of the river. Enjoy in unit laundry, one garage parking space, extra storage, and an array of amenities including 24/7 concierge, a fitness center, pool, sauna, club room and dry cleaning drop-off. The Esplanade allows you to enjoy waterside living while being perfectly located between the innovative Kendall Square, Cambridgeport, & Back Bay of Boston, offering convenient access to a wide range of restaurants, shops, cultural attractions, and prestigious universities.

Last Agent to Sell the Property

Albert Azatyants

Boston Property Group INC Listed on: 05/09/2023

Last Buyer's Agent

Heejeong Joo

Blue Ocean Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,961

Year Built

  • Built in 1989

Lot Details

  • Waterfront

HOA Fees

  • $993 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • River Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • 2 Heating Zones
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:00012 L:000170W508,399877

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 206 Units
  • High-Rise Condominium

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,961

Year Built

Built in 1989

Lot Details

0

HOA Fees

$993 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1989
  • Buyer Agency: 2.5
  • Entry Level: 5
  • Transaction Broker: 2.5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: In Unit
  • Basement: N
  • Living Area: 1200
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 1458.33
  • PRICE PER Sq Ft: 1375
  • MAIN SO: AN2056

Exterior Features

  • Home Warranty YN: No
  • Pool Features: Association
  • Waterfront Features: Waterfront
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Elevator(s), Fitness Center, Sauna/Steam, Clubroom
  • Association Fee: 992.5
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Senior Community YN: No
  • UNIT BUILDING: W508
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:00012 L:000170W508,399877
  • Zoning: C3A
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 94
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4961
  • Tax Book Number: 36019

Multi Family

  • Number Of Units Total: 206
  • Basement Included Sq Ft: No
  • Waterview: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2012
Sold by
Patel Raju R
Bought by
Raji R Patel Ret
Current Estimated Value
$1,617,862

Purchase Details

Closed on
Jul 31, 2002
Sold by
Chen Rebecca D
Bought by
Patel Raju R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1999
Sold by
Levy Ralph B and Levy Adriane G
Bought by
Chen Rebecca D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1989
Sold by
75-83 Cambr Pkwy Lp
Bought by
Levy Ralph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
10.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Raji R Patel Ret -- --
Patel Raju R $740,000 --
Chen Rebecca D $553,000 --
Levy Ralph B $368,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Raju R $200,000
Previous Owner Levy Ralph B $431,369
Previous Owner Levy Ralph B $330,000
Previous Owner Levy Ralph B $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $1,650,000 -5.7% $1,375 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $1,750,000 -5.4% $1,458 / Sq Ft
05/09/2023 05/09/23 For Sale $1,850,000 -- $1,542 / Sq Ft
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 $8,197 $1,290,900 $0 $1,290,900
2024 $7,785 $1,315,100 $0 $1,315,100
2023 $7,593 $1,295,700 $0 $1,295,700
2022 $7,553 $1,275,800 $0 $1,275,800
2021 $7,572 $1,294,400 $0 $1,294,400
2020 $7,114 $1,237,300 $0 $1,237,300
2019 $6,829 $1,149,600 $0 $1,149,600
2018 $6,711 $1,067,000 $0 $1,067,000
2017 $6,502 $1,001,900 $0 $1,001,900
2016 $6,380 $912,700 $0 $912,700
2015 $6,326 $809,000 $0 $809,000
2014 $6,146 $733,400 $0 $733,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73109072

MLS Property Information Network (MLS PIN)

APN: CAMB-000012-000000-000017-W000508