NOT LISTED FOR SALE

94 Otis St Cambridge, MA 02141

East Cambridge Neighborhood

Estimated Value: $1,610,000 - $2,194,962

6 Beds
4 Baths
3,153 Sq Ft
$604/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $1,050,000 $333 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $11,335/month

26 Days on Market

About This Home

As of May 2014

Location! Location! Location! Beautiful and spacious Mansard Victorian 2 family located in a fabulous, charming section of East Cambridge. Units feature hardwood floors, many windows for natural light, eat-in kitchens, nice deck, gas heating systems, full basement, separate systems, circuit breakers, newer roof, and maintenance free siding. Tenants pay utilities except water and sewer. Minutes to Lechmere T stop and Kendall Square Station. "Cash Cow potential" Group showings only, must be on time: This Tuesday 1:30pm, Thursday 1pm, Friday 6pm, Sunday open house 3:30-5, Monday 6pm, Tuesday 1:30pm. Offers if any will be reviewed this Wednesday April 16th by 6pm. 1st floor unit lease expires May 31st, 2nd floor lease expires May 31st this year.

Last Agent to Sell the Property

Shane Marrion

Benoit Real Estate Group ,LLC Listed on: 04/06/2014

Last Buyer's Agent

Melina Georgantas

Peristyle Properties, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,870

Year Built

1873

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1873

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Aluminum, Vinyl
  • Exterior Features: Deck
  • Foundation: Fieldstone, Brick, Granite

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: M:00025 L:00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2014
Closed on
May 2, 2014
Sold by
Nacamuli Ronald and Nacamuli Claudine
Bought by
94 Otis St Llc
Seller's Agent
Shane Marrion
Benoit Real Estate Group ,LLC
Buyer's Agent
Melina Georgantas
Peristyle Properties, LLC
List Price
$850,000
Sold Price
$1,050,000
Premium/Discount to List
$200,000
23.53%
Current Estimated Value
$1,903,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$853,491
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Aug 13, 2004
Sold by
Mullen Mary and Mullen Paula M
Bought by
Nacamuli Claudine and Nacamuli Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1999
Sold by
Evans Katharine C
Bought by
Terry Julia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
7.78%
Source: Public Records

Range of Values:

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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
94 Otis St Llc $1,050,000 --
Nacamuli Claudine $516,000 --
Terry Julia L $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terry Julia L $486,000
Previous Owner Terry Julia L $503,000
Previous Owner Nacamuli Claudine $512,000
Previous Owner Nacamuli Claudine $500,000
Previous Owner Terry Julia L $307,000
Previous Owner Terry Julia L $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $1,050,000 +23.5% $333 / Sq Ft
04/06/2014 04/06/14 For Sale $850,000 -- $270 / 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 $9,870 $1,554,300 $644,200 $910,100
2024 $9,275 $1,566,700 $690,700 $876,000
2023 $8,366 $1,427,600 $659,500 $768,100
2022 $7,980 $1,348,000 $654,400 $693,600
2021 $40,139 $1,309,500 $642,100 $667,400
2020 $7,492 $1,302,900 $648,200 $654,700
2019 $9,891 $1,251,900 $635,800 $616,100
2018 $8,195 $1,097,900 $527,200 $570,700
2017 $6,572 $1,012,700 $471,400 $541,300
2016 $6,096 $872,100 $369,000 $503,100
2015 $5,960 $762,100 $316,300 $445,800
2014 $4,848 $578,500 $245,000 $333,500
Source: Public Records

Agents Affiliated with this Home

  • Shane Marrion

    Seller's Agent in 2014

    Shane Marrion

    Benoit Real Estate Group ,LLC

    (617) 750-6378

    2 in this area

    79 Total Sales

    Shane Marrion
    Section Image
  • Melina Georgantas

    Buyer's Agent in 2014

    Melina Georgantas

    Peristyle Properties, LLC

    (617) 417-3174

    3 Total Sales

    Melina Georgantas
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71656585

MLS Property Information Network (MLS PIN)

APN: CAMB-000025-000000-000035

Massachusetts Middlesex County Cambridge 02141 East Cambridge

94 Otis St, Cambridge, MA

This home is located at 94 Otis St, Cambridge, MA 02141 since 06 April 2014 and is currently estimated at $1,903,491, approximately $603 per square foot. This property was built in 1873. 94 Otis St is a home located in Middlesex County with nearby schools including Community Charter School of Cambridge.

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.

MLS Property Information Network (MLS PIN) 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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