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43 Cottage Street

43 Cottage Street, Cambridge, MA 02139
Property in Cambridgeport
Sold Jul 10, 2020
$1,400,000
$1,000,000 by Harvard University Credit Unio
Mortgage Due Jul 10, 2050
43 Cottage 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 1855 and is 169 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 43 Cottage Street has 2,283 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 4,135 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Victorian style.

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 good. 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 forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 43 Cottage Street sold most recently in Jun 29, 2020 for a total of $1,400,000. If you work out the math, that's approximately a cost of $613.23 per sqft. 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 $16,419 in taxes each year. 43 Cottage Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $2,773,500. If we break it down further, the land itself was valued at $896,400. Improvements to the property, however, were assessed at a total of $1,877,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Outdoor Space

Garden

Parking

Off Street Parking

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1855
  • Effective Year Built: 1855
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Victorian
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,074
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,135
  • Total Building Area: 2,283
  • Gross Building Area: 4,203
  • Building Area: 2,283
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,283
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORROW-LIPSCHITZ JESSICA
  • Current Owner 2: JOHNSON DAVID M
  • Previous Owner : GADD MELVIN I
  • Previous Owner 2: TENNANT-GADD LAURIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Cambridge School District
  • Census Tract: 353300

Zoning

  • Zoning: C

Geography

  • Parcel: CAMB M:00105 L:00013
  • Lot: 13
  • Municipality: CAMBRIDGE
  • Latitude: 42.3637
  • Longitude: -71.1074

    Address

  • Full Address: 43 Cottage St
  • Address - House Number: 43
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Cambridge
  • Carrier Code: C015
  • 4-Digit Zip Code: 3831
  • Zip Code: 02139

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $16,419

    Appraisal Valuation

  • Standard Deviation: 0.2143
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 1,873,154
  • High Value: 2,274,695
  • Low Value: 1,471,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: HARVARD UNIVERSITY CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Jul 10, 2020
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Jul 10, 2050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,773,500
  • Assessed Land Value: $896,400
  • Assessed Improvements Value: $1,877,100

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11772927206
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 111111

    Last Sale Mortgage

  • First Mortgage Lender: HARVARD UNIVERSITY CREDIT UNIO
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 43 Cottage Street located in?
The 43 Cottage Street is a located in the neighborhood of Cambridgeport in Cambridgeport, Cambridge.
What is the average sales price for listings in 43 Cottage Street?
The average sales price for units in 43 Cottage Street is $0 currently.

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