Seller's Agent in 2022
Eric Johnson
Compass
(203) 893-8316
1 in this area
50 Total Sales
883 Cambridge St Cambridge, MA 02141
Wellington-Harrington NeighborhoodEstimated Value: $2,259,896
6
Beds
8
Baths
3,610
Sq Ft
$626/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Tennis Courts
- Property is near public transit
- Community Pool
- 2-minute walk to Donnelly Field
About This Home
As of April 2022You can’t beat the A+ location of this mixed-use, commercial/residential building in the heart of Cambridge’s Inman Square neighborhood! The first floor commercial space with sunny street frontage is occupied by a long term tenant paying $4,254/mo. In the rear of the first floor unit is a great back patio space, rented to Atwood’s Tavern for outdoor seating. Above are two residential rental units with identical floorplans - each 3 bedrooms, 1 bathroom with an office and sunny living rooms with front exposures. Each unit has an eat in kitchen equipped with stainless appliances and granite countertops and hardwood floors throughout. Centrally located in Cambridge between Harvard, MIT and Lesley University and less than 1 mile to Lechmere, a straight shot down Cambridge St, and Kendall/MIT Stations and easy access to Rt. 28 for car commuters.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,340
Year Built
- Built in 1890
Lot Details
- 1,742 Sq Ft Lot
- Zero Lot Line
Home Design
- Triplex
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Rubber Roof
Interior Spaces
- 3,610 Sq Ft Home
- Insulated Windows
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Enclosed patio or porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 3 Heating Zones
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $10,804
- Assessor Parcel Number 401331
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $126,648
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 18, 2006
Sold by
Regan James M
Bought by
Cambridge Bren Prop Ll
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 17, 2006
Sold by
Engelman Guy and Engelman Michael
Bought by
Regan James M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 2001
Sold by
First Cambridge 883
Bought by
Engelman Michael and Engelman Guy
Purchase Details
Closed on
Oct 27, 2000
Sold by
Small Rlty Llc
Bought by
First Cambridge 883
Purchase Details
Closed on
Jun 24, 1998
Sold by
Bromley Peter W
Bought by
Small Rlty Llc
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
7.09%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Cambridge Bren Prop Ll | $515,000 | -- | |
| Regan James M | $425,000 | -- | |
| Engelman Michael | $500,000 | -- | |
| First Cambridge 883 | $329,952 | -- | |
| Small Rlty Llc | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Propert Cambridge-Bren | $615,000 | |
| Closed | Cambridge Bren Props L | $675,000 | |
| Closed | Cambridge-Bren Prop Ll | $450,000 | |
| Closed | Regan James M | $340,000 | |
| Previous Owner | Engleman Guy | $600,000 | |
| Previous Owner | Engleman Michael | $500,000 | |
| Previous Owner | Small Rlty Llc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2022 04/22/22 | Sold | $2,150,000 | -2.3% | $596 / Sq Ft |
| 02/13/2022 02/13/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $2,200,000 | -- | $609 / 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 | -- | $1,694,500 | $607,900 | $1,086,600 |
| 2024 | -- | $1,443,400 | $657,800 | $785,600 |
| 2023 | $0 | $1,425,600 | $628,100 | $797,500 |
| 2022 | $0 | $1,344,200 | $631,800 | $712,400 |
| 2021 | $0 | $1,425,700 | $620,000 | $805,700 |
| 2020 | $11,441 | $1,305,400 | $625,800 | $679,600 |
| 2019 | $0 | $1,080,900 | $613,900 | $467,000 |
| 2018 | $9,193 | $964,600 | $509,100 | $455,500 |
| 2017 | -- | $861,800 | $455,200 | $406,600 |
| 2016 | -- | $744,700 | $356,300 | $388,400 |
| 2015 | -- | $671,100 | $305,400 | $365,700 |
| 2014 | -- | $619,900 | $236,600 | $383,300 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Johnson
-
Mission Realty Advisors
Buyer's Agent in 2022
Mission Realty Advisors
Compass
1 in this area
126 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72940508
APN: CAMB-000036-000000-000167
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 22 Hunting St Unit 3
- 783 Cambridge St Unit 2
- 46 Hunting St
- 747 Cambridge St Unit PH3
- 747 Cambridge St Unit 1
- 1 Marion St Unit 1
- 305 Webster Ave Unit 109
- 43 Lincoln St
- 25 Marney St
- 432 Norfolk St Unit 3D
- 10 Marney St Unit 3
- 376 Windsor St
- 80 Webster Ave Unit 2A
- 429 Norfolk St Unit 2
- 10 Max Ave Unit 2
- 341 Norfolk St
- 9 Medford St Unit 314
- 9 Medford St Unit 514
- 9 Medford St Unit PH4
- 9 Medford St Unit PH10
- 883 Cambridge St
- 883 Cambridge St Unit 3
- 883 Cambridge St Unit 2
- 889 Cambridge St
- 877 Cambridge St
- 113 Willow St Unit 110-03
- 113 Willow St Unit 3
- 119 Willow St Unit 2
- 119 Willow St Unit 1
- 119 Willow St Unit 114-02
- 119 Willow St Unit 116-3
- 119 Willow St
- 309 Cambridge St Unit 1A
- 309 Cambridge St Unit 2
- 309 Cambridge St Unit 1T
- 309 Cambridge St
- 309 Cambridge St Unit 2T
- 875 Cambridge St
- 875 Cambridge St Unit 3
- 873 Cambridge St