NOT LISTED FOR SALE

23 Palermo St Unit 2 Cambridge, MA 02141

Wellington-Harrington Neighborhood

Estimated Value: $1,161,000 - $1,361,000

4 Beds
2 Baths
1,316 Sq Ft
$959/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $992,000 $754 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,303/month

Highlights

  • 99,999,999 Sq Ft lot
  • No HOA
  • Forced Air Heating System
  • Property is near public transit
  • Park
  • 2-minute walk to Donnelly Field

About This Home

As of August 2024

You don't want to miss this amazing condo completely renovated in 2018 by a reputable developer. Modern open-plan kitchen with high end appliances and stone countertops. 4 bedrooms, wide plank hardwood floors, two with large walk-in closets which can almost become office spaces. Two full baths, high ceilings, oversized windows, on-demand hot water, and an ultra-efficient wifi-controllable heating and cooling system. It even has a generous dedicated storage room at the lower level, and convenient off-street parking and exclusive use yard space. Prime location in the heart of the vibrant Cambridge restaurant and entertainment scene, easy access to MIT, Kendall Square, and a Red Line T Stop connecting in minutes to Harvard, MGH, and downtown Boston.

Last Agent to Rent the Property

Montivista Real Estate Group

eXp Realty Listed on: 06/20/2024

eXp Realty

Co-Listed By

Ruyi Cai

eXp Realty

Last Renter's Agent

Ronald Opara

The Tate Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,059

Year Built

  • 1903

Lot Details

  • 2,295.68 Acre Lot

Parking

  • 1 Car Parking Space

Home Design

  • 1,316 Sq Ft Home
  • Apartment
  • Entry on the 2nd floor

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $5,600
  • Property Available on 9/1/24
  • Rent includes hot water, water, sewer, trash collection, snow removal, gardener, extra storage, garden area, laundry facilities, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 5094624

Community Details

Recreation

  • Park

Pet Policy

  • Pets Allowed

Additional Features

  • No Home Owners Association
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,059

Year Built

1903

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2024-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 5600

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 2
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Year Built: 1903

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Freezer, Washer, Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit
  • Living Area: 1316
  • Spa YN: No
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 4.26
  • PRICE PER Sq Ft: 4.26
  • MAIN SO: AN6791

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Park, T-Station, University
  • Rent Includes: Hot Water, Water, Sewer, Trash Collection, Snow Removal, Gardener, Extra Storage, Garden Area, Laundry Facilities, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 2

Lot Info

  • Parcel Number: 5094624
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 99999999
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Sep 11, 2018
Sold by
Palermo Street Holding
Bought by
23 Palermo Llc
Seller's Agent
Montivista Real Estate Group
eXp Realty
Buyer's Agent
Montivista Real Estate Group
eXp Realty
Sold Price
$4,650
Current Estimated Value
$1,261,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,256,824
Avg. Annual Appreciation
3.46%
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
23 Palermo Llc $992,084 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2024 08/14/24 Rented $5,600 0.0% --
07/23/2024 07/23/24 Under Contract -- -- --
06/20/2024 06/20/24 For Rent $5,600 +16.7% --
06/05/2020 06/05/20 Rented $4,800 0.0% --
06/03/2020 06/03/20 Under Contract -- -- --
05/19/2020 05/19/20 For Rent $4,800 +3.2% --
10/01/2018 10/01/18 Rented $4,650 +3.3% --
09/23/2018 09/23/18 Price Changed $4,500 -6.3% $3 / Sq Ft
09/14/2018 09/14/18 For Rent $4,800 0.0% --
09/11/2018 09/11/18 Sold $992,000 -0.4% $754 / Sq Ft View Prior Sale
07/28/2018 07/28/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $996,000 -- $757 / 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 $7,059 $1,111,700 $0 $1,111,700
2024 $6,520 $1,101,300 $0 $1,101,300
2023 $6,136 $1,047,100 $0 $1,047,100
2022 $6,074 $1,026,000 $0 $1,026,000
2021 $5,917 $1,011,500 $0 $1,011,500
2020 $5,606 $974,900 $0 $974,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Co-Listing Agent in 2024

    Ruyi Cai

    eXp Realty

    (413) 310-0715

    1 Total Sale

    Ruyi Cai
    Section Image
  • Ronald Opara

    Tenant's Agent in 2024

    Ronald Opara

    The Tate Team

    (516) 782-0580

    2 Total Sales

    Ronald Opara
    Section Image

  • C

    Buyer's Agent in 2020

    Clovis Alves

    Amo Realty - Boston City Properties

    Section Image
  • Christian Jones

    Seller Co-Listing Agent in 2018

    Christian Jones

    Compass

    (617) 240-0799

    15 Total Sales

    Christian Jones
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73255404

MLS Property Information Network (MLS PIN)

APN: CAMB-80 69 2

Massachusetts Middlesex County Cambridge 02141 Wellington-Harrington

23 Palermo St Unit 2, Cambridge, MA

This home is located at 23 Palermo St Unit 2, Cambridge, MA 02141 since 20 June 2024 and is currently priced at $1,261,474. This property was built in 1903. 23 Palermo St Unit 2 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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