NOT LISTED FOR SALE

87 Sherman St Unit 1 Cambridge, MA 02140

Neighborhood Nine Neighborhood

Estimated Value: $816,000 - $857,000

2 Beds
1 Bath
1,029 Sq Ft
1898 Built

Last Sold January 08, 2015

Last sale price $500,000 $486 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,770/month

35 Days on Market

About This Home

As of January 2015

Welcome to this newly renovated 2 bed/1 bath condo near Porter Square & Alewife. Enjoy a modern kitchen w/ granite and stainless steel appliances with access to a rear porch. Sunny and well laid out, this unit also features a fireplaced living room, two equally-sized bedrooms, private basement storage and most importantly, off street parking. Walkable to T & easy access to Fresh Pond or Huron Village shops. Well managed pet friendly association.

Last Agent to Sell the Property

Ed Greable

Keller Williams Realty Boston Northwest Listed on: 12/02/2014

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Patti Brainard

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,600

Year Built

1898

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Front, Ground
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1898

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wood
  • Dining Room: First Floor

Exterior Features

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

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 6
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2014
Closed on
Jan 8, 2015
Sold by
Lee Ivy
Bought by
Garland Hazel I
Seller's Agent
Ed Greable
Keller Williams Realty Boston Northwest
Buyer's Agent
Patti Brainard
Compass
List Price
$489,900
Sold Price
$500,000
Premium/Discount to List
$10,100
2.06%
Current Estimated Value
$836,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,343
Avg. Annual Appreciation
4.82%
Original Mortgage
$350,000
Outstanding Balance
$269,561
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$566,782

Purchase Details

Listed on
Oct 8, 2012
Closed on
Dec 18, 2012
Sold by
Fnma
Bought by
Lee Ivy
Seller's Agent
Kieran Brosnan
Brosnan Realty Group, Inc.
Buyer's Agent
Brian McCarthy
Coldwell Banker Realty - Framingham
List Price
$389,900
Sold Price
$379,900
Premium/Discount to List
-$10,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$360,905
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2012
Sold by
Foster Judith W and Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 1996
Sold by
Asaph Harold J and Smith Curtis L
Bought by
Lange Nancy

Purchase Details

Closed on
May 20, 1996
Sold by
Asaph Harold J and Smith Curtis L
Bought by
Foster Judith W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garland Hazel I $500,000 --
Garland Hazel I $500,000 --
Lee Ivy $379,900 --
Lee Ivy $379,900 --
Federal National Mortgage Association $277,650 --
Federal National Mortgage Association $277,650 --
Lange Nancy $237,500 --
Foster Judith W $153,500 --
Foster Judith W $153,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garland Hazel I $350,000
Closed Garland Hazel I $350,000
Previous Owner Lee Ivy $360,905
Previous Owner Foster Judith W $143,444
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2015 01/08/15 Sold $500,000 0.0% $486 / Sq Ft
01/06/2015 01/06/15 Pending -- -- --
12/08/2014 12/08/14 Off Market $500,000 -- --
12/02/2014 12/02/14 For Sale $489,900 +29.0% $476 / Sq Ft
12/18/2012 12/18/12 Sold $379,900 -2.6% $369 / Sq Ft View Prior Sale
11/07/2012 11/07/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $389,900 0.0% $379 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $389,900 -- $379 / 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 $4,600 $724,400 $0 $724,400
2024 $4,188 $707,400 $0 $707,400
2023 $4,026 $687,000 $0 $687,000
2022 $4,012 $677,700 $0 $677,700
2021 $3,899 $666,500 $0 $666,500
2020 $3,754 $652,800 $0 $652,800
2019 $3,603 $606,500 $0 $606,500
2018 $3,508 $557,700 $0 $557,700
2017 $3,331 $513,300 $0 $513,300
2016 $3,231 $462,200 $0 $462,200
2015 $3,198 $409,000 $0 $409,000
2014 $3,158 $376,900 $0 $376,900
Source: Public Records

Agents Affiliated with this Home

  • Ed Greable

    Seller's Agent in 2015

    Ed Greable

    Keller Williams Realty Boston Northwest

    (617) 905-9128

    3 in this area

    93 Total Sales

    Ed Greable
    Section Image
  • Patti Brainard

    Buyer's Agent in 2015

    Patti Brainard

    Compass

    (781) 789-5767

    9 in this area

    148 Total Sales

    Patti Brainard
    Section Image

  • K

    Seller's Agent in 2012

    Kieran Brosnan

    Brosnan Realty Group, Inc.

    (617) 212-1315

    7 Total Sales

    Kieran Brosnan
    Section Image

  • B

    Buyer's Agent in 2012

    Brian McCarthy

    Coldwell Banker Realty - Framingham

    (508) 872-0084

    10 Total Sales

    Brian McCarthy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71773389

MLS Property Information Network (MLS PIN)

APN: CAMB-000271-000000-000023-000087-1

Massachusetts Middlesex County Cambridge 02138 Neighborhood Nine

87 Sherman St Unit 1, Cambridge, MA

Not Listed for Sale

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