NOT LISTED FOR SALE

Estimated Value: $1,370,301 - $1,496,000

4 Beds
2 Baths
1,704 Sq Ft
$852/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $1,350,000 $792 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,020/month

5 Days on Market

About This Home

As of October 2023

Nestled in a fantastic East Cambridge neighborhood is a solid 2 family looking for its next owner. This home is a great for investors, contractors or owner occupants looking to build some sweat equity in a top location. Easily convert into a single-family home or keep it as a 2 units. The units are in good condition with great tenants with below market rents; tenants are TAW. Additional finished space in the basement for all your creative ideas.. The home is centrally located near T-Stops, Kendall Square, Lechmere, shopping and lots of restaurants for all your local conveniences. Come check it out! Group Showings Only Thurs 8/3 4:30-6pm and Sun 8/6 10-11am.

Last Agent to Sell the Property

John Raposo

eXp Realty Listed on: 08/01/2023

Last Buyer's Agent

Ying Chen

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 1902

Lot Details

  • 1,249

Home Design

  • Brick Foundation

Interior Spaces

  • 1,704 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Additional Features

  • Bulkhead
  • 1,249 Sq Ft Lot

Community Details

  • 2 Units
  • Net Operating Income $48,000

Listing and Financial Details

  • Total Actual Rent $4,200
  • Assessor Parcel Number M:00025 L:00048,400508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,207

Year Built

Built in 1902

Lot Details

1,249 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1902
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished, Bulkhead
  • Living Area: 1704
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6033
  • MAIN SO: NB3534

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00025 L:00048,400508
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1249
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5207

Multi Family

  • Net Operating Income: 48000
  • Number Of Units Total: 2
  • Total Actual Rent: 4200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Oct 6, 2023
Sold by
Ciampa Joseph and Ciampa Walter J
Bought by
Feng Yaying and Zhang Carolyn M
Seller's Agent
John Raposo
eXp Realty
Buyer's Agent
Ying Chen
Redfin Corp.
List Price
$1,250,000
Sold Price
$1,350,000
Premium/Discount to List
$100,000
8%
Views
17
Current Estimated Value
$1,452,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,325
Avg. Annual Appreciation
3.14%
Original Mortgage
$929,850
Outstanding Balance
$907,710
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$544,615

Purchase Details

Closed on
Jun 21, 2019
Sold by
Wjc Realty Llc
Bought by
Ciampa Joseph and Ciampa Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2007
Sold by
Ciampa Walter J
Bought by
Wjc Realty Llc

Purchase Details

Closed on
Dec 31, 2003
Sold by
Pladziewicz Harriet
Bought by
Ciampa Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Feng Yaying $1,350,000 None Available
Feng Yaying $1,350,000 None Available
Ciampa Joseph -- --
Ciampa Joseph -- --
Wjc Realty Llc -- --
Wjc Realty Llc -- --
Wjc Realty Llc -- --
Ciampa Walter J $300,000 --
Ciampa Walter J $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Yaying $929,850
Closed Feng Yaying $929,850
Previous Owner Ciampa Joseph $335,000
Previous Owner Ciampa Walter J $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $1,350,000 +8.0% $792 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $1,250,000 -- $734 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,463 $1,017,800 $562,700 $455,100
2024 $5,665 $957,000 $611,000 $346,000
2023 $5,207 $888,500 $583,300 $305,200
2022 $5,175 $874,100 $598,400 $275,700
2021 $4,987 $852,500 $587,200 $265,300
2020 $4,905 $853,100 $592,700 $260,400
2019 $4,873 $820,400 $581,400 $239,000
2018 $4,395 $698,700 $482,100 $216,600
2017 $4,211 $648,800 $431,100 $217,700
2016 $3,450 $493,500 $337,500 $156,000
2015 $3,345 $427,800 $289,300 $138,500
2014 $2,916 $348,000 $224,100 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73142878

MLS Property Information Network (MLS PIN)

APN: CAMB-000025-000000-000048

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