NOT LISTED FOR SALE

Estimated Value: $1,165,934 - $1,268,000

2 Beds
2 Baths
1,287 Sq Ft
$956/mo HOA Fee

Last Sold April 28, 2023

Last sale price $1,100,000 $855 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,266/month

70 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Lechmere Station
  • Waterfront
  • Fitness Center
  • Medical Services
  • 2-minute walk to Lechmere Canal Park

About This Home

As of April 2023

Spacious 2 bed / 2 bath canal-facing residence at the full-service concierge Thomas Graves Landing building in an unbeatable East Cambridge location just steps to the Esplanade, Kendall Square, Cambridge Crossing, Charlestown, Beacon Hill, Museum of Science and the new Lechmere T stop. A spacious living/dining area overlooks the Canal with a sliding door leading to a private balcony with Boston skyline views. Additional features include a renovated kitchen with stainless steel appliances, recessed lighting, central air and a side-by-side washer/dryer. 1 garage parking space and 1 storage unit located on the first floor are included with the sale. Building amenities include 24-hour concierge, gym, pool, Jacuzzi, sauna and guest parking. The best of Cambridge and Boston are all just outside your door! The adjacent unit (#306) is also on the market for sale for $1,200,000 with a mirror image layout offering the unique opportunity to have just under 2,600 sq.ft. on a single level.

Last Listed By

Neda Vander Stoep

Coldwell Banker Realty - Boston Listed on: 01/19/2023

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 1986

Lot Details

  • Waterfront

HOA Fees

  • $956 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking

Interior Spaces

  • 1,287 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:00008 L:00061305/2,399414

Community Details

Overview

  • Association fees include heat, gas, water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, reserve funds
  • 168 Units
  • Mid-Rise Condominium
  • Thomas Graves Condominium Community

Amenities

  • Concierge
  • Medical Services
  • Shops
  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,413

Year Built

Built in 1986

Lot Details

0

HOA Fees

$956 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1986
  • Buyer Agency: 2.5
  • Entry Level: 3
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit
  • Basement: N
  • Living Area: 1287
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 932.4
  • PRICE PER Sq Ft: 854.7
  • MAIN SO: AN3355

Exterior Features

  • Waterfront Features: Waterfront, Canal
  • Waterfront YN: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Concierge
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Elevator(s), Fitness Center, Sauna/Steam, Clubroom, Storage
  • Association Fee: 955.95
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, T-Station, University
  • UNIT BUILDING: 305
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:00008 L:00061305/2,399414
  • Zoning: BA
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 113
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6412.96
  • Tax Book Number: 61972

Multi Family

  • Number Of Units Total: 168
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Apr 8, 2023
Sold by
Batal Hussam and Batal Arghavan
Bought by
Canal Cambridge306 Llc
Seller's Agent
Neda Vander Stoep
Coldwell Banker Realty - Boston
Buyer's Agent
Dream Team
Dreamega International Realty LLC
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Total Days on Market
70
Views
97
Current Estimated Value
$1,214,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,484
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Feb 15, 2008
Sold by
Fardshisheh Reza
Bought by
Sadik Kareem and Sadik Sluhail Abrahim

Purchase Details

Closed on
Jun 25, 2003
Sold by
Nunna Malathi and Nunna Ramanaiah
Bought by
Fardshisheh Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Canal Cambridge306 Llc $1,100,000 None Available
Canal Park305 Llc $1,100,000 None Available
Sadik Kareem $652,000 --
Fardshisheh Reza $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Batal Hussam $750,000
Previous Owner Batal Hussam S $708,000
Previous Owner Batal Hussam S $766,000
Previous Owner Fardshisheh Reza $130,000
Previous Owner Fardshisheh Reza $75,000
Previous Owner Fardshisheh Reza $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,100,000 -8.3% $855 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $1,200,000 +73.9% $932 / Sq Ft
06/06/2013 06/06/13 Sold $690,000 -6.8% $536 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
03/24/2013 03/24/13 Price Changed $740,000 -3.9% $575 / Sq Ft
03/06/2013 03/06/13 For Sale $770,000 +11.6% $598 / Sq Ft
02/03/2013 02/03/13 Off Market $690,000 -- --
10/23/2012 10/23/12 For Sale $770,000 -- $598 / 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
2024 $6,385 $1,078,600 $0 $1,078,600
2023 $6,243 $1,065,400 $0 $1,065,400
2022 $6,211 $1,049,200 $0 $1,049,200
2021 $6,213 $1,062,000 $0 $1,062,000
2020 $5,838 $1,015,300 $0 $1,015,300
2019 $5,606 $943,800 $0 $943,800
2018 $5,512 $876,300 $0 $876,300
2017 $5,309 $818,000 $0 $818,000
2016 $5,180 $741,000 $0 $741,000
2015 $5,138 $657,000 $0 $657,000
2014 $5,081 $606,300 $0 $606,300
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73071843

MLS Property Information Network (MLS PIN)

APN: CAMB-/ 8 . - 613- 05/2.