NOT LISTED FOR SALE

931 Massachusetts Ave, Unit 506 Cambridge, MA 02139

Mid-Cambridge Neighborhood

Estimated Value: $709,000 - $809,000

1 Bed
1.5 Baths
811 Sq Ft
$1,003/mo HOA Fee

Last Sold July 21, 2022

Last sale price $680,000 $838 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,254/month

3 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Central Air
  • Community Garden
  • 1 Car Attached Garage
  • 2-minute walk to Cooper Square Park

About This Home

As of July 2022

Don't miss this sun-drenched, corner 1 bedroom, 1.5 bath unit with spectacular views. This is a professionally managed, well-established doorman building. This city landmark is a short distance from Harvard Sq & Central Sq Red Line T Stops, plus regular bus service (#1 bus). Ideal location for someone at Harvard, MIT, or commuting on the Red Line to Boston. Many restaurants and shops are nearby. The unit features a large living/dining room combined, lovely hardwood floors throughout, a well-designed kitchen with 2 corner windows, in-unit laundry, and central AC. Top it off with an underground garage parking space plus extra private storage space. Enjoy the quiet, landscaped common garden for residents & their guests. First showings at the Open Houses this weekend: June 18 & 19th. http://www.931massaveunit506.com/?mls

Last Agent to Sell the Property

Eileen Kim

RE/MAX Real Estate Center Listed on: 06/16/2022

RE/MAX Real Estate Center

Last Buyer's Agent

Currier, Lane & Young

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,359

Year Built

  • Built in 1987

HOA Fees

  • $1,003 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 811 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:00116 L:0009900506,406783

Community Details

Overview

  • Association fees include water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 53 Units
  • High-Rise Condominium

Amenities

  • Community Garden
  • Common Area
  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,359

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,003 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1987
  • Entry Level: 5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer,Range Hood, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Laundry Features: In Unit
  • Basement: N
  • Living Area: 811
  • Stories Total: 1
  • MAIN LO: AN2383
  • MAIN SO: AN2383

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Under, Garage Door Opener, Assigned

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s), Storage, Garden Area
  • Association Fee: 1003.09
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:00116 L:0009900506,406783
  • Zoning: C2B
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4359

Multi Family

  • Number Of Units Total: 53
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 21, 2022
Sold by
Kim David and Kim Eileen
Bought by
Balakrishna-Pillay Ramesh and Brown Elizabeth K
Seller's Agent
Eileen Kim
RE/MAX Real Estate Center
Buyer's Agent
Currier, Lane & Young
Compass
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$736,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,729
Avg. Annual Appreciation
2.40%
Original Mortgage
$280,000
Outstanding Balance
$266,709
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$470,020

Purchase Details

Listed on
Jul 19, 2014
Closed on
Aug 29, 2014
Sold by
Asta Rt
Bought by
Kim David and Kim Eileen
Seller's Agent
Bobbi Bishop
The Niles Company, Inc.
Buyer's Agent
Eileen Kim
RE/MAX Real Estate Center
List Price
$549,500
Sold Price
$540,000
Premium/Discount to List
-$9,500
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$405,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1989
Sold by
931 Associates
Bought by
Alevizos L R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,625
Interest Rate
10.46%
Mortgage Type
Purchase Money Mortgage
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
Balakrishna-Pillay Ramesh $680,000 None Available
Kim David $540,000 --
Alevizos L R $247,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balakrishna-Pillay Ramesh $280,000
Previous Owner Kim David $405,000
Previous Owner Alevizos L R $185,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $680,000 -2.7% $838 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $699,000 0.0% $862 / Sq Ft
08/24/2015 08/24/15 Rented $2,600 -3.7% --
08/24/2015 08/24/15 For Rent $2,700 0.0% --
08/29/2014 08/29/14 Sold $540,000 +21500.0% $666 / Sq Ft View Prior Sale
08/21/2014 08/21/14 Pending -- -- --
08/06/2014 08/06/14 Rented $2,500 -5.7% --
08/06/2014 08/06/14 For Rent $2,650 0.0% --
07/21/2014 07/21/14 Off Market $540,000 -- --
07/19/2014 07/19/14 For Sale $549,500 -- $678 / 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 $4,507 $709,700 $0 $709,700
2024 $4,307 $727,500 $0 $727,500
2023 $4,421 $754,400 $0 $754,400
2022 $4,427 $747,800 $0 $747,800
2021 $4,359 $745,200 $0 $745,200
2020 $4,160 $723,500 $0 $723,500
2019 $3,996 $672,700 $0 $672,700
2018 $3,945 $611,800 $0 $611,800
2017 $3,732 $575,000 $0 $575,000
2016 $3,667 $524,600 $0 $524,600
2015 $3,397 $434,400 $0 $434,400
2014 $3,277 $391,100 $0 $391,100
Source: Public Records

Agents Affiliated with this Home

  • Eileen Kim

    Seller's Agent in 2022

    Eileen Kim

    RE/MAX Real Estate Center

    1 in this area

    20 Total Sales

    Eileen Kim
    Section Image
  • Currier, Lane & Young

    Buyer's Agent in 2022

    Currier, Lane & Young

    Compass

    (617) 871-9190

    37 in this area

    511 Total Sales

    Currier, Lane & Young
    Section Image

  • C

    Buyer's Agent in 2015

    Carolina Korzeniowski

    Coldwell Banker Realty - Boston

  • B

    Seller's Agent in 2014

    Bobbi Bishop

    The Niles Company, Inc.

  • J

    Buyer's Agent in 2014

    Justin Tumsuden

    Keller Williams Realty Boston-Metro | Back Bay

See All Agents

About This Building

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72997060

MLS Property Information Network (MLS PIN)

APN: CAMB-000116-000000-000099-000506

Massachusetts Middlesex County Cambridge 02139 Mid-Cambridge

931 Massachusetts Ave Unit 506, Cambridge, MA

Not Listed for Sale

Condos

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