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462 Cambridge Street

462 Cambridge Street, Cambridge, MA 02141
Property in East Cambridge
2 Units For Sale
Unit for sale at 462 Cambridge Street, Cambridge, MA 02141

$1,645,000

  • 3 Beds
  • 4 Baths
462 Cambridge Street #1, Cambridge, MA 02141 Listing by Lauren Holleran Team

Unit for sale at 462 Cambridge Street, Cambridge, MA 02141

$1,645,000 In Contract

  • 3 Beds
  • 4 Baths
462 Cambridge Street #B, Cambridge, MA 02141 Listing by Lauren Holleran Team

462 Cambridge Street in Cambridge, MA was first built in 1855 and is 169 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 3 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 462 Cambridge Street has 3,911 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,570 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a covered garage. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with stone control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Oct 26, 2021 for $1,500,000. That's $383.53 per sqft. Prior to that sales transaction, the property was also sold in Oct 20, 2020 for $1,350,000. 462 Cambridge Street was last assessed in 2024. The total value of the property was assessed at $2,078,300. Specifically, the land the property is located on was valued at $688,800. While improvements on the property were assessed at a total of $1,389,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $12,304. The initial tax year of delinquency was in 2023. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Parking

Off Street Parking
Detached Garage

Condition

Level Lot

Facilities

Laundry Room

Pet Policy

Dogs Allowed / Cats Allowed

Driveway

Driveway

Location

Near Public Transit
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230809 Unit 2
08/09/2023
2
3 Bed
4 Bath
-
$1,895,000
bedrooms
3 Bed
bathrooms
4 Bath
-
-
-
Lauren Holleran Team
Gibson Sotheby's International Realty
20210723
07/23/2021
6 Bed
2 Bath
-
$1,595,000
bedrooms
6 Bed
bathrooms
2 Bath
$1,500,000 -5.96%
10/26/2021
-
Mario Massimino
Compass

Building Info

Overview

    General

  • Year Built: 1855
  • Effective Year Built: 1855
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Construction Type: Stone
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,341
  • Garage Type: Covered
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 3,570
  • Total Building Area: 3,911
  • Gross Building Area: 4,604
  • Building Area: 3,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,911
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.082
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : 462 CAMBRIDGE ST ASSOC
  • Previous Owner : PACHECO 462 CAMBRIDGE ST
  • Owner Before Previous Owner: AUFIERO CHARLES
  • Owner Before Previous Owner 2: AUFIERO CHRISTINE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cambridge School District
  • Census Tract: 352200

Zoning

  • Zoning: BA

Geography

  • Parcel: CAMB M:00023 L:00060
  • Lot: 60
  • Municipality: CAMBRIDGE
  • Latitude: 42.3714
  • Longitude: -71.084

    Address

  • Full Address: 462 Cambridge St
  • Address - House Number: 462
  • Address - Street Name: Cambridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Cambridge
  • Carrier Code: C027
  • 4-Digit Zip Code: 1113
  • Zip Code: 02141

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,304
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 1,619,459
  • High Value: 1,745,145
  • Low Value: 1,493,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: ATA-NAHAL LLC
  • First Open Lien Mortgage Recording Date: Sep 11, 2023
  • 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: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 11, 2053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,078,300
  • Assessed Land Value: $688,800
  • Assessed Improvements Value: $1,389,500

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11863508427
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 234236
  • Previous Sale Recording Date: Oct 21, 2020
  • Previous Sale Contract Date: Oct 20, 2020
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: ATA NAHAL LLC
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $1,900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: EAST CAMBRIDGE SAVINGS BANK
  • Previous Mortgage Transaction Date: Oct 21, 2020
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About East Cambridge




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Frequently Asked Questions

What neighborhood is 462 Cambridge Street located in?
The 462 Cambridge Street is a located in the neighborhood of East Cambridge in East Cambridge, Cambridge.
How many listings are currently for sale in 462 Cambridge Street?
462 Cambridge Street has a total of zero units in the building. There are two units for sale right now.
What is the average sales price for listings in 462 Cambridge Street?
The average sales price for units in 462 Cambridge Street is $1,595,000 currently.

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