NOT LISTED FOR SALE

Estimated Value: $1,267,000 - $2,034,000

3 Beds
3 Baths
2,100 Sq Ft
$744/Sq Ft Est. Value

Last Sold September 24, 2012

Last sale price $544,000 $259 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $9,241/month

168 Days on Market

About This Home

As of September 2012

Great potential for a cash flow positive investment property with some additional renovation. No work needed as is but you have the ability to increase the square footage of 1 unit which would then yield MUCH higher rent. Extremely convenient location right in Inman Square and a short bus ride to Harvard- Lechmere; Cambridge Hosp. & Schools. Right across the street from Pinto's famous Mid-West Grill and BBQ. Close to all necessary amenities for tenants or an owner occupant investment manager.

Last Listed By

Patricia Kamenelis

Tellus Group Real Estate License #455013973 Listed on: 03/10/2012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,288

Year Built

1966

Lot Details

0

Listing Details

  • Lot Description: Shared Drive, Other (See Remarks)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, T-Station, University
  • Electric: 110 Volts, 220 Volts, Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Laminate
  • Basement: Full, Bulkhead, Concrete Floor

Exterior Features

  • Exterior: Vinyl
  • Foundation: Poured Concrete, Granite

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Heat Zones: 3
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
Inman Square Realty Ll
Bought by
Xia Leon
Total Days on Market
168
Current Estimated Value
$1,561,667

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
3.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 22, 2014
Sold by
Xia Leon and Jiang Yan
Bought by
Inman Square Realty Ll

Purchase Details

Listed on
Mar 10, 2012
Closed on
Aug 27, 2012
Sold by
Richardson Rhonda
Bought by
Richardson Mark P
Seller's Agent
Patricia Kamenelis
Tellus Group Real Estate
Buyer's Agent
Patricia Kamenelis
Tellus Group Real Estate
List Price
$520,000
Sold Price
$544,000
Premium/Discount to List
$24,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Batista Maria
Bought by
Richardson Mark P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.3%
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
Xia Leon -- --
Inman Square Realty Ll -- --
Richardson Mark P -- --
Richardson Mark P $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xia Leon $789,000
Closed Xia Leon $500,000
Previous Owner Batista Tiberio M $408,000
Previous Owner Richardson Mark P $416,000
Previous Owner Richardson Mark P $328,500
Previous Owner Batista Maria D $30,000
Previous Owner Batista Tiberio M $5,000
Previous Owner Batista Tiberio M $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2012 09/24/12 Sold $544,000 +4.6% $259 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $520,000 -- $248 / 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 $6,288 $990,300 $559,000 $431,300
2024 $6,059 $1,023,400 $607,800 $415,600
2023 $5,816 $992,500 $618,000 $374,500
2022 $5,771 $974,800 $636,000 $338,800
2021 $13,901 $950,000 $623,800 $326,200
2020 $5,244 $912,000 $622,900 $289,100
2019 $4,827 $812,700 $546,700 $266,000
2018 $12,155 $718,800 $470,500 $248,300
2017 $4,259 $656,200 $420,500 $235,700
2016 $3,987 $570,400 $352,200 $218,200
2015 $3,798 $485,700 $294,400 $191,300
2014 $3,458 $412,600 $236,500 $176,100
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 71351433

MLS Property Information Network (MLS PIN)

APN: CAMB-000082-000000-000080