J
Seller's Agent in 2025
Jim & Mike Savas Team
Berkshire Hathaway HomeServices Commonwealth Real Estate
1 in this area
108 Total Sales
8 Thingvalla Ave Cambridge, MA 02138
Strawberry Hill Neighborhood
0.14
Acre
$9,464,286
Price per Acre
6,250
Sq Ft Lot
Highlights
- Golf Course Community
- Property is near public transit
- Tennis Courts
- Medical Services
- No HOA
- Shops
About This Lot
As of February 2025Rare Opportunity to knock down & build a single family or 2 townhomes in highly sought after Fresh Pond/Strawberry Hill section of Cambridge. 1959 Ranch currently sits on property. UNDER NO CIRCUMSTANCES CAN THE PROPERTY BE SHOWN AND IT CANNOT BE WALKED UPON! See attached information package under MLS documents tab! This is for informational purposes only. A Lot survey, engineering calculations, building plans, building permits are required. Also all houses over 50 years old must go before Cambridge Historical Commission before a demolition permit can be issued. The Historical Commission can enact up to a 1 year demolition delay. Buyers should use their own due diligence.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 04/11/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 04/11/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,087
Lot Details
- 6,250 Sq Ft Lot
- Level Lot
Location
- Property is near public transit
- Property is near schools
Schools
- Cps Elementary And Middle School
- Cps High School
Utilities
- Electricity To Lot Line
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number M:00255 L:00013,418044
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2023
Closed on
Feb 18, 2025
Sold by
Ferolito Jacquelyn L and Ferolito Carole M
Bought by
Design Synergy Group Llc
Seller's Agent
Jim & Mike Savas Team
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Jim & Mike Savas Team
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,399,000
Sold Price
$1,325,000
Premium/Discount to List
-$74,000
-5.29%
Views
53
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
$241,819
Avg. Annual Appreciation
23.64%
Original Mortgage
$2,436,910
Outstanding Balance
$2,422,429
Interest Rate
6.91%
Mortgage Type
Commercial
Estimated Equity
-$855,610
Purchase Details
Closed on
Dec 22, 2011
Sold by
Carole M Reeding Irt and Ferolito
Bought by
Ferolito Karen M
Purchase Details
Closed on
May 20, 2010
Sold by
Redding Carole M
Bought by
Carole M Redding Irt and Ferolito
Purchase Details
Closed on
May 16, 1967
Bought by
Ferolito Karen M
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,325,000 | None Available | |
| Quit Claim Deed | $1,325,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,436,910 | Commercial | |
| Closed | $2,436,910 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $1,325,000 | -5.3% | $1,121 / Sq Ft |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- |
| 04/11/2023 04/11/23 | For Sale | $1,399,000 | -- | $1,184 / 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 | $6,486 | $1,021,400 | $634,700 | $386,700 |
| 2024 | $6,087 | $1,028,200 | $661,200 | $367,000 |
| 2023 | $5,863 | $1,000,500 | $674,400 | $326,100 |
| 2022 | $5,364 | $906,100 | $617,500 | $288,600 |
| 2021 | $5,194 | $887,800 | $619,600 | $268,200 |
| 2020 | $4,920 | $855,600 | $601,400 | $254,200 |
| 2019 | $4,583 | $771,500 | $536,800 | $234,700 |
| 2018 | $4,205 | $668,600 | $452,100 | $216,500 |
| 2017 | $4,086 | $629,600 | $423,800 | $205,800 |
| 2016 | $3,947 | $564,700 | $367,300 | $197,400 |
| 2015 | $3,904 | $499,200 | $322,900 | $176,300 |
| 2014 | $3,825 | $456,400 | $282,500 | $173,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jim & Mike Savas Team
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73097319
APN: CAMB-000255-000000-000013
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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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