3 months on rocket

16 Francis Ave, Cambridge, MA, 02138

$9,490,000

6 Bedrooms
7 Full Baths, 1 Partial
7,635 SqFt
$1,243/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive, Off Street
Garage2 spaces
Year Built2023
HeatingCentral, Forced Air
CoolingCentral Air
BasementYes
MLS #73192114
Lot Size0.26 Acres
StatusActive

About 16 Francis Ave

Just Finished! Located in Cambridge's heart, The Ivory Estate is a historic gem, preserving its iconic exterior while blending modern elegance. This gated haven prioritizes security, boasting reinforced windows and Kevlar perimeter protection. The interiors pay homage to craftsmanship with state-of-the-art design, custom millwork, elegant stonework, fireplaces, and a mahogany library. The gourmet kitchen dazzles with top appliances, marble countertops, and a breakfast alcove leading to a spacious deck. The upper level features two luxurious master suites with custom closets and grand bathrooms, alongside four additional bed-bath suites. The lower level is entertainment-focused with a media room, bar, gym, and sauna. Located moments from Harvard Square, The Ivory Estate fuses historical allure with modern luxury. 6 bed, 7.5 baths, 2 garage parking. COMPLETED.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2023
  • Living Area: 7,635 SqFt

Listing Office:

  • Office Name: Greenville Real Estate Group, Inc.
  • Listing Agent: Michael Kuritnik

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Disposal, Microwave, Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Cooktop, Range, Oven
  • Basement: Yes
  • Flooring Type: Tile, Marble, Hardwood
  • Interior: Exercise Room, Game Room, Mud Room, Office, Media Room, Sauna/Steam/Hot Tub, Wet Bar, Wired for Sound

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Permeable Paving, Deck, Patio, Professional Landscaping, Fenced Yard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Cambridge Rindge and Latin, Public District Grades 9-12
  • Amigos School, Public District Grades PK-8
  • Maria L. Baldwin, Public District Grades PK-5
  • Martin Luther King Jr., Public District Grades PK-5
  • Cambridgeport, Public District Grades PK-5

Other

Directions Information:

  • Directions: Please Use Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,490,000
  • Price Per SqFt: $1,243/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5

Tax Information:

  • Annual Amount: $30,210
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cambridge, MA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$866

Avg. Days On Market

42

# of Sold Homes

43

16 Francis Ave vs Cambridge

108 DAYS ON ROCKET

+66 Days

$9,490,000

+$8.4M More

$1,243/SqFt

+$376 More

KEY TAKEAWAY

This property is $8.4M more than the Median Sold Price and $376/SqFt more than other homes in Cambridge, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73192114

Listing Office:

  • Office Name: Greenville Real Estate Group, Inc.
  • Listing Agent: Michael Kuritnik

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$30,210$5,164,100
2020$28,129$4,892,000
2019$20,640$3,474,700
2018$16,958$2,696,100
2017$16,839$2,594,600

History based on county public records data.

Payment Calculator

$47.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-995196
7
/10
  • Maria L. Baldwin

  • 28 Sacramento St

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-995197
8
/10
  • Martin Luther King Jr.

  • 359 Broadway

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-995198
5
/10
  • Cambridgeport

  • 89 Elm St

  • 0.94 miles

  • Public District Grades PK-5

Middle School

school-card-donut-995199
8
/10
  • Amigos School

  • 15 Upton St

  • 1.08 miles

  • Public District Grades PK-8

High School

school-card-donut-995200
5
/10
  • Cambridge Rindge and Latin

  • 459 Broadway

  • 0.28 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,121. Typical income of Cambridge, MA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Francis Ave

What is the listing price of this property?

The listing price of 16 Francis Ave property is $9,490,000.

What type of property is this?

The property 16 Francis Ave is a house located in Cambridge, Massachusetts, 02138.

Is this property for sale now?

Active Listing: 16 Francis Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16 Francis Ave are:
Maria L. Baldwin: GreatSchools Rating 7/10
Martin Luther King Jr.: GreatSchools Rating 8/10
Cambridgeport: GreatSchools Rating 5/10
Amigos School: GreatSchools Rating 8/10
Cambridge Rindge and Latin: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $30,210 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16 Francis Ave has 6 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 16 Francis Ave is 7,635 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Francis Ave is 2023.
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Rocket Homes›Massachusetts›Middlesex County›Cambridge›02138›16 Francis Ave

This home is located at 16 Francis Ave in Cambridge, MA and zip code 02138 in the Agassiz neighborhood. This 7,635 square foot home, which was built in 2023, sits on a 0.26 acre lot. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $9,490,000.

While more than 21 listings in Cambridge, MA in March 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 17 were sold below. The number of listings in Cambridge, MA increased by 16.5% between February 2024 and March 2024. In March 2024 median list price was $1,028,642 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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