NOT LISTED FOR SALE

Estimated Value: $1,929,000 - $2,379,000

7 Beds
3 Baths
2,987 Sq Ft
$704/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $1,110,000 $372 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $12,057/month

16 Days on Market

About This Home

As of December 2017

Contractors/Investors take note! Nicely maintained RARE triple decker conveniently located minutes to Lechmere Station, CambridgeSide Galleria & Twin City Plaza. Quick commute to MIT, Kendall, Central, & Harvard Squares. This is a walkers dream w/ a walking score of 94! Unit 1: EI Kitchen, living room, 2 large bedrooms and large bathroom w/soaking tub. Unit 2: EI Kitchen, living room, 2 large bedrooms and good size bath. Unit 3: EI kitchen, living room, 3 bedrooms and spacious bath. Each unit allows for access to back decks. 1st & 2nd floors will be delivered vacant. Third floor tenants have lease until 8/31/18. Property is being SOLD AS IS. Basement provides plenty of storage w/ separate coin-op laundry area. Flat rubber roof (2010). Each unit has separate gas furnaces (2001) & water tanks. 100 amp electrical. Back yard is fenced and offers small grass area. Interior needs minor updates but can easily be rented as is for immediate cash flow.

Last Agent to Sell the Property

Julia Bonavita

Apex Realty Group, LLC Listed on: 10/02/2017

Last Buyer's Agent

Hudson Santana

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,290

Year Built

1873

Lot Details

0

Listing Details

  • Lot Description: Fenced/Enclosed
  • Property Type: Multi-family
  • Commission: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1873

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Medical Facility, T-Station, University
  • Electric: 100 Amps
  • Flooring: Tile, Wall to Wall Carpet
  • Basement: Full, Sump Pump, Dirt Floor
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: AN2707
  • Main So: BB5474
  • Estimated Sq Ft: 2987.00

Exterior Features

  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Features: Deck - Wood, Fenced Yard, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking: On Street Permit

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:00034 L:00013
  • Zoning: C1
  • Acre: 0.04
  • Lot Size: 1690.00

Multi Family

  • Heat Units: 3
  • Total Bedrooms: 7
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 13
  • Total Rent_1: 2380
  • Multi Family Type: 3 Family - 3 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2019
Sold by
338 Hurley Street Llc
Bought by
2 Clark Street Llc
Current Estimated Value
$2,103,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Outstanding Balance
$1,155,406
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$948,261

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 21, 2017
Sold by
Bornstein Steven J
Bought by
338 Hurley Street Llc
Seller's Agent
Julia Bonavita
Apex Realty Group, LLC
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$1,299,000
Sold Price
$1,110,000
Premium/Discount to List
-$189,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$1,232,500
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2000
Sold by
Beale Carlos and Reale Laurinda
Bought by
Bornstein Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,825
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1989
Sold by
Baptist Gerald
Bought by
Reale Carlos

Purchase Details

Closed on
Aug 8, 1989
Sold by
Starr Frances S
Bought by
Baptist Gerald
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
2 Clark Street Llc -- --
338 Hurley Street Llc $1,110,000 --
Bornstein Steven J $384,500 --
Reale Carlos $180,000 --
Reale Carlos $180,000 --
Baptist Gerald $125,000 --
Baptist Gerald $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 Clark Street Llc $1,325,000
Previous Owner 338 Hurley Street Llc $1,232,500
Previous Owner Baptist Gerald $326,825
Previous Owner Baptist Gerald $326,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2017 12/20/17 Sold $1,110,000 -14.5% $372 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $1,299,000 -- $435 / 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 $12,290 $1,935,400 $587,800 $1,347,600
2024 $11,461 $1,936,000 $638,300 $1,297,700
2023 $10,420 $1,778,200 $609,400 $1,168,800
2022 $9,904 $1,672,900 $617,500 $1,055,400
2021 $9,485 $1,621,300 $606,000 $1,015,300
2020 $6,335 $1,101,700 $611,700 $490,000
2019 $5,920 $996,700 $600,000 $396,700
2018 $4,556 $724,300 $497,600 $226,700
2017 $4,409 $679,300 $444,900 $234,400
2016 $3,944 $564,300 $348,300 $216,000
2015 $3,802 $486,200 $298,500 $187,700
2014 $3,378 $403,100 $231,200 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72237087

MLS Property Information Network (MLS PIN)

APN: CAMB-000034-000000-000013