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25 Reed Street

25 Reed Street, Cambridge, MA 02140
Property in North Cambridge
Sold Feb 28, 2005
$637,500
$337,500 by Gmac Mtg Co Of Pa
Mortgage Due Feb 28, 2035
Sold Sep 12, 1989
$255,000
$229,500 by Commonwealth Untd Mtg
Mortgage
25 Reed Street has been categorized by the local assessors in Cambridge, MA as a residential type of property. The building on the property was first built in 1928 and is 96 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 25 Reed Street has 2,484 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,080 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 25 Reed Street sold most recently in Jan 1, 1970 for a total of $637,500. If you work out the math, that's approximately a cost of $256.64 per sqft. Before that, the property was also sold for $255,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,014 in taxes each year. 25 Reed Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,353,800. If we break it down further, the land itself was valued at $538,600. Improvements to the property, however, were assessed at a total of $815,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,104
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,080
  • Total Building Area: 2,484
  • Gross Building Area: 4,752
  • Building Area: 2,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,484
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.094
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : HINES KARENE SEAN E
  • Current Owner 2: HINES PEARLINE B
  • Previous Owner : 25 REED ST RT
  • Previous Owner 2: JOHNSON FRANCES BOURNE
  • Owner Before Previous Owner: SERRANO ROGELIO E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Cambridge School District
  • Census Tract: 354902

Zoning

  • Zoning: B

Geography

  • Parcel: CAMB M:00192 L:00150
  • Lot: 150
  • Municipality: CAMBRIDGE
  • Latitude: 42.3943
  • Longitude: -71.1319

    Address

  • Full Address: 25 Reed St
  • Address - House Number: 25
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: MA
  • City Name: Cambridge
  • Carrier Code: C013
  • 4-Digit Zip Code: 2413
  • Zip Code: 02140

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,014

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,511,709
  • High Value: 1,757,506
  • Low Value: 1,265,912

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $509,500
  • First Open Lien Mortgage Lender: GMAC MTG CO OF PA
  • First Open Lien Mortgage Recording Date: Feb 28, 2005
  • First Open Lien Mortgage Loan Amount: $337,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 28, 2035
  • Second Open Lien Mortgage Lender: DITECH FINANCIAL LLC
  • Second Open Lien Mortgage Recording Date: Oct 26, 2016
  • Second Open Lien Mortgage Loan Amount: $172,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2031

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,353,800
  • Assessed Land Value: $538,600
  • Assessed Improvements Value: $815,200

    Sales

  • Current Sale Recording Date: Feb 28, 2005
  • Current Sale Transaction ID: 1183638996
  • Current Sale Price: $637,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 39620
  • Previous Sale Recording Date: Sep 12, 1989
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GMAC MTG CO OF PA
  • First Mortgage Transaction Date: Feb 28, 2005
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: COMMONWEALTH UNTD MTG
  • Previous Mortgage Transaction Date: Sep 12, 1989
  • Previous Mortgage Loan Amount: $229,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About North Cambridge



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Frequently Asked Questions

What neighborhood is 25 Reed Street located in?
The 25 Reed Street is a located in the neighborhood of North Cambridge in North Cambridge, Cambridge.
What is the average sales price for listings in 25 Reed Street?
The average sales price for units in 25 Reed Street is $0 currently.

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