NOT LISTED FOR SALE

23 Palermo St Unit 1 Cambridge, MA 02141

Wellington-Harrington Neighborhood

Estimated Value: $1,341,000 - $1,693,000

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. 34% increase in value since last sale

Current estimated payment $9,488/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 License #449527045

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%
Total Days on Market
44
Current Estimated Value
$1,521,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,407
Avg. Annual Appreciation
2.81%
Original Mortgage
$966,875
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Kumarv Arun $688,000
Closed Kumar Arun V $690,000
Closed Arun Kumar V $928,000
Closed Kumar Arun V $960,000
Closed Kumar Arun V $966,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

    54 Total Sales

    April Callahan
    Section Image
See All Agents

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 $1,521,907, approximately $811 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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