NOT LISTED FOR SALE

23 Palermo St Unit 1 Cambridge, MA 02141

Wellington-Harrington Neighborhood

Estimated Value: $1,263,000 - $1,746,000

4 Beds
2 Baths
1,875 Sq Ft
$265/mo HOA Fee

Last Sold December 03, 2018

Last sale price $1,137,500 $607 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $9,190/month

44 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Donnelly Field
  • Tankless Water Heater

About This Home

As of December 2018

Available now! New luxury renovation on a residential side street close to MIT, Kendall Square, and a Red Line T Stop connecting in minutes to Harvard, MGH, and Boston's legal and financial districts. Convenient to Inman Sq and a number of highly rated restaurants, live music venues and a huge City park. MOre than 1800+ sq ft. 4 bedrooms, two with walk-in closets. Two full baths, high ceilings, oversized windows, and an ultra-efficient wifi-controllable heating and cooling system. Interior finishes are all new including wide plank hardwood floors. The state-of-the-art open-plan kitchen features top-grade fixtures and appliances, stone countertops, handsome cabinetry. Parking and exclusive use outdoor space. 23 Palermo has been comprehensively renovated to the highest standards by a developer with a proven long-term track record for top quality and excellent design.

Last Agent to Sell the Property

The Petrowsky Jones Group

Compass Listed on: 09/12/2018

Compass

Co-Listed By

Christian Jones

Compass

Last Buyer's Agent

April Callahan

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,172

Year Built

  • Built in 1903

Lot Details

  • Year Round Access

HOA Fees

  • $265 per month

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,172

Year Built

Built in 1903

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.50
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 638.93
  • Comp Based On: Net Sale Price
  • Year Built: 1903
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • No Bedrooms: 4
  • Master Bedroom: On Level: First Floor, Bathroom - Full, Closet - Walk-in
  • Bedroom 2: On Level: First Floor, Closet - Walk-in
  • Bedroom 3: On Level: First Floor
  • Bedroom 4: On Level: Basement
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: First Floor
  • No Rooms: 7
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • Other Room 1: Name: Media Room, On Level: Basement
  • No Living Levels: 2
  • Main Lo: AN2383
  • Main So: AN2383
  • Estimated Sq Ft: 1875.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Clapboard, Vinyl
  • Insulation Feature: Full, Spray Foam

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping
  • HOA Fees: 264.76
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 1238100.00
  • Page: 129
  • Zoning: C-1

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat, Solar Tubes

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 2640.80
  • Assessor Parcel Number: 402743

Multi Family

  • No Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 28, 2018
Sold by
Palermo Street Holdings
Bought by
Kumar Arun V
Seller's Agent
The Petrowsky Jones Group
Compass
Buyer's Agent
April Callahan
Compass
List Price
$1,250,000
Sold Price
$1,137,500
Premium/Discount to List
-$112,500
-9%
Current Estimated Value
$1,549,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,511
Avg. Annual Appreciation
4.62%
Original Mortgage
$966,875
Outstanding Balance
$851,837
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$697,174
Source: Public Records

Range of Values:

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Average Value
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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
Kumar Arun V $1,137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Arun V $966,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $1,137,500 -5.1% $607 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/11/2018 10/11/18 Price Changed $1,198,000 -4.2% $639 / Sq Ft
09/12/2018 09/12/18 For Sale $1,250,000 -- $667 / 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
2025 $8,172 $1,286,900 $0 $1,286,900
2024 $7,615 $1,286,400 $0 $1,286,400
2023 $7,020 $1,198,000 $0 $1,198,000
2022 $6,949 $1,173,800 $0 $1,173,800
2021 $6,774 $1,157,900 $0 $1,157,900
2020 $6,376 $1,108,900 $0 $1,108,900
Source: Public Records

Agents Affiliated with this Home

  • Christian Jones

    Seller Co-Listing Agent in 2018

    Christian Jones

    Compass

    (617) 240-0799

    15 Total Sales

    Christian Jones
    Section Image
  • April Callahan

    Buyer's Agent in 2018

    April Callahan

    Compass

    (847) 971-7273

    50 Total Sales

    April Callahan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72394247

MLS Property Information Network (MLS PIN)

APN: CAMB-80 69 1

Massachusetts Middlesex County Cambridge 02141 Wellington-Harrington

23 Palermo St Unit 1, Cambridge, MA

This home is located at 23 Palermo St Unit 1, Cambridge, MA 02141 since 12 September 2018 and is currently estimated at $1,549,011, approximately $826 per square foot. This property was built in 1903. 23 Palermo St Unit 1 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Community Charter School of Cambridge.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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