NOT LISTED FOR SALE

Estimated Value: $1,185,000 - $1,277,000

2 Beds
1 Bath
1,314 Sq Ft
1916 Built

Last Sold December 18, 2012

Last sale price $583,000 $444 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,127/month

6 Days on Market

About This Home

As of December 2012

Top floor/penthouse in enviable Mid-Cambs loc, a unique family friendly cul-du-sac. Totally renovtd in 2003 & still emaculate. Eat-in kitchen w direct access to private deck.Living area boasts an open layout w hardwood flrs, high ceilings & s/west exposures... fabulous light! Two large bedrooms with more than ample storage, gorgeous full bathroom & in-unit laundry. Private storage. Walk Score 94, Walker's Paradise. 1 mile to Harvard, 1.25 miles to MIT.....AND PARKING!

Last Agent to Sell the Property

Lisa Godwin

Gibson Sotheby's International Realty Listed on: 09/26/2012

Gibson Sotheby's International Realty

Last Buyer's Agent

Elizabeth Lyster

Compass License #449515318

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,739

Year Built

1916

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1916

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Private School, Public School, T-Station, University
  • Energy: Insulated Windows
  • Flooring: Tile, Hardwood
  • Bedroom 2: Third Floor
  • Bathroom #1: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Third Floor
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Linen Closet, Closet, Hard Wood Floor
  • Dining Room: Third Floor

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range

Condo/Co-op/Association

  • Condominium Name: 8 Fainwood Circle Condo Association
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2012
Closed on
Dec 18, 2012
Sold by
Sterman Anne L and Smolik Sara
Bought by
Arzoumanian Sevag H and Arzoumanian Alik
Seller's Agent
Lisa Godwin
Gibson Sotheby's International Realty
Buyer's Agent
Elizabeth Lyster
Compass
List Price
$569,000
Sold Price
$583,000
Premium/Discount to List
$14,000
2.46%
Current Estimated Value
$1,238,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,275
Avg. Annual Appreciation
6.06%
Original Mortgage
$465,750
Outstanding Balance
$323,751
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$914,524

Purchase Details

Closed on
Oct 30, 2003
Sold by
Rand Jeffrey
Bought by
Smolik Sara and Sterman Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2003
Sold by
8 Fainwood Nt
Bought by
Rand Fainwood Cir Rt
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arzoumanian Sevag H $583,000 --
Smolik Sara $429,000 --
Rand Fainwood Cir Rt $322,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arzoumanian Sevag H $465,750
Previous Owner Smolik Sara $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2012 12/18/12 Sold $583,000 +2.5% $444 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $569,000 -- $433 / 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 $6,739 $1,061,200 $0 $1,061,200
2024 $6,213 $1,049,500 $0 $1,049,500
2023 $5,847 $997,700 $0 $997,700
2022 $5,826 $984,100 $0 $984,100
2021 $5,675 $970,000 $0 $970,000
2020 $5,375 $934,700 $0 $934,700
2019 $5,154 $867,700 $0 $867,700
2018 $5,014 $797,100 $0 $797,100
2017 $4,835 $745,000 $0 $745,000
2016 $4,722 $675,500 $0 $675,500
2015 $4,672 $597,500 $0 $597,500
2014 $4,483 $535,000 $0 $535,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71440313

MLS Property Information Network (MLS PIN)

APN: CAMB-000113-000000-000056-000003