NOT LISTED FOR SALE

Bay Square 950 Massachusetts Ave Unit 220 Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $641,515 - $831,000

1 Bed
1 Bath
604 Sq Ft
1989 Built

Last Sold September 19, 2016

Last sale price $515,000 $853 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,405/month

3 Days on Market

About This Home

As of September 2016

This lovely front facing unit is located in one of Cambridge's most desirable full service residential buildings. Bay Square is conveniently located between Harvard & Central Squares offering many amenities including a warm and spacious modern lobby, 24-hr concierge, exercise room, heated outdoor pool, sauna, hot tub, garden area and live-in superintendent. This cozy unit receives lots of sunlight with its northern exposure and has newer wood laminate floors. The unit opens up to the living room with the kitchen to the right and the bedroom with a large walk-in closet at the opposite end of the unit. Bay Square is close proximity to Red Line, Mass Pike, Memorial Drive, restaurants, bars, and many other local and cultural amenities. The building has professional management on-site. Residential tax exemption is not included in taxes.

Last Listed By

BRETT NEUMEISTER

Neumeister Realty, LLC Listed on: 08/17/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,877

Year Built

1989

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher
  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Flooring: Hardwood
  • No Living Levels: 1

Exterior Features

  • Construction: Block
  • Exterior: Brick
  • Exterior Unit Features: Patio - Enclosed, Hot Tub/Spa, Garden Area
  • Pool Description: Inground

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Cooling: Central Air
  • Heating: Central Heat
  • Cooling Zones: 1
  • Heat Zones: 1
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Bay Square
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Security, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Snow Removal, Exercise Room, Sauna/Steam, Refuse Removal, Garden Area
  • Association Pool: Yes
  • Association Security: Fenced, Intercom, Concierge
  • Management: Professional - On Site
  • Pets Allowed: No
  • No Units: 110
  • Unit Building: 220

Lot Info

  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 19, 2016
Sold by
Chong Choy L and Kha Woe L
Bought by
Mao Yuntao
Seller's Agent
BRETT NEUMEISTER
Neumeister Realty, LLC
Buyer's Agent
BRETT NEUMEISTER
Neumeister Realty, LLC
List Price
$500,000
Sold Price
$515,000
Premium/Discount to List
$15,000
3%
Total Days on Market
3
Current Estimated Value
$736,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,129
Avg. Annual Appreciation
3.78%
Original Mortgage
$386,250
Outstanding Balance
$312,674
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$396,965

Purchase Details

Closed on
Oct 25, 2013
Sold by
Inatl Buddhist Progres
Bought by
Chong Choy L and Kha Woe L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 2013
Sold by
Cohen Matthew L
Bought by
Cohen Barry F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 1998
Sold by
Teo Lye Soon and Tam Rosalind
Bought by
Interntl Buddhist Prog

Purchase Details

Closed on
Aug 29, 1995
Sold by
Gow Laura E
Bought by
Teo Lye Soon and Tam Rosalind

Purchase Details

Closed on
Oct 17, 1990
Sold by
Bay Sq Condo Lp
Bought by
Gow Philip R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
10.14%
Mortgage Type
Purchase Money Mortgage

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
Mao Yuntao $515,000 --
Chong Choy L $358,000 --
Chong Choy L $358,000 --
Cohen Barry F $560,000 --
Interntl Buddhist Prog $185,000 --
Teo Lye Soon $147,750 --
Gow Philip R $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Yuntao $386,250
Previous Owner Cohen Barry F $448,000
Previous Owner Gow Philip R $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $515,000 +3.0% $853 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $500,000 0.0% $828 / Sq Ft
04/10/2015 04/10/15 Rented $2,600 -1.9% --
04/10/2015 04/10/15 For Rent $2,650 +6.0% --
12/28/2013 12/28/13 Rented $2,500 0.0% --
12/28/2013 12/28/13 For Rent $2,500 -- --
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 $3,877 $610,500 $0 $610,500
2024 $3,474 $586,900 $0 $586,900
2023 $3,565 $608,400 $0 $608,400
2022 $3,517 $594,100 $0 $594,100
2021 $3,443 $588,500 $0 $588,500
2020 $3,386 $588,800 $0 $588,800
2019 $3,241 $545,600 $0 $545,600
2018 $3,145 $500,000 $0 $500,000
2017 $3,205 $493,900 $0 $493,900
2016 $3,017 $431,600 $0 $431,600
2015 -- $382,400 $0 $382,400
2014 -- $265,800 $0 $265,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72054616

MLS Property Information Network (MLS PIN)

APN: CAMB-000120-000000-000040-000220