RENTED JUN 1, 2025

655 Concord Ave Unit 501 Cambridge, MA 02138

Estimated Value: $822,000 - $951,000

2 Beds
2 Baths
1,187 Sq Ft
9,583 Sq Ft Lot

Last Sold July 15, 2016

Last sale price $616,000 $519 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,992/month

Highlights

  • Golf Course Community
  • Property is near public transit
  • Balcony
  • Landscaped Professionally
  • Jogging Path
  • Intercom

About This Home

As of June 2025

Fantastic, sun filled large 2-bedroom unit in a modern building overlooking the Fresh Pond Park. A short distance to the Alewife red-line T station and the shopping mall. Easy access to major highways and downtown Boston. Grocery store, restaurants, walking trail, bike path and movie theater are nearby. Spacious living area with lovely balcony. In-unit laundry, one garage parking spot and guest parking spots available. Two bus lines running on street to Harvard Square.

Last Agent to Rent the Property

Steve Yang

eXp Realty Listed on: 04/11/2025

eXp Realty

Co-Listed By

CASTLES UNLIMITED TEAM

eXp Realty

Last Renter's Agent

Joseph Nardella

Compass

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 1996

Lot Details

  • 9,583

Parking

  • 1 Car Garage

Home Design

  • 1,187 Sq Ft Home
  • Entry on the 5th floor

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Heat Pump System
  • High Speed Internet

Additional Features

  • Level Entry For Accessibility
  • Balcony
  • Landscaped Professionally

Listing and Financial Details

  • Security Deposit $3,300
  • Property Available on 6/1/25
  • Rent includes water, sewer, trash collection, snow removal, gardener, occupancy only, parking
  • Assessor Parcel Number 419495

Community Details

Overview

  • Property has a Home Owners Association
  • Near Conservation Area

Amenities

  • Common Area
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,764

Year Built

Built in 1996

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-06-01
  • 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: 3300

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1996
  • Entry Level: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator, High Speed Internet
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit
  • Above Grade Finished Sq Ft: 1187
  • Accessibility Features: Accessible Entrance
  • Living Area: 1187
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: AC0342
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Balcony, Professional Landscaping
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes

Utilities

  • Heating: Natural Gas, Central, Heat Pump
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Security System

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Occupancy Only, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 419495
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Jul 15, 2016
Sold by
Marian Kennedy Ret
Bought by
Lu Hongli
Seller's Agent
Steve Yang
eXp Realty
Buyer's Agent
Michael Gorenstein
Advantage Realty
Sold Price
$2,800
Current Estimated Value
$876,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,340
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Sep 11, 2014
Sold by
Kennedy Marian
Bought by
Marian Kennedy Ret and Kennedy Marian

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 6, 2013
Sold by
Shen Xiang
Bought by
Kennedy Marian
Seller's Agent
Gary Vrotsos
Coldwell Banker Realty - Cambridge
Buyer's Agent
Matthew Zborezny
Redfin Corp.
List Price
$399,000
Sold Price
$426,000
Premium/Discount to List
$27,000
6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$276,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2011
Sold by
Chaudhuri Arup
Bought by
Cambridge Xiang S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Griffiths Kenneth R
Bought by
Chaudhuri Arup

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Hongli $616,000 --
Marian Kennedy Ret -- --
Kennedy Marian $426,000 --
Kennedy Marian $426,000 --
Cambridge Xiang S $355,000 --
Chaudhuri Arup $372,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Marian $276,000
Previous Owner Cambridge Xiang S $284,000
Previous Owner Chaudhuri Arup $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2025 06/01/25 Rented $3,800 +15.2% --
04/22/2025 04/22/25 Under Contract -- -- --
04/11/2025 04/11/25 For Rent $3,300 +17.9% --
05/15/2020 05/15/20 Rented $2,800 0.0% --
03/22/2020 03/22/20 Under Contract -- -- --
03/05/2020 03/05/20 For Rent $2,800 0.0% --
04/05/2019 04/05/19 Rented $2,800 +1.8% --
04/03/2019 04/03/19 Under Contract -- -- --
03/11/2019 03/11/19 Price Changed $2,750 -1.6% $2 / Sq Ft
02/21/2019 02/21/19 Price Changed $2,795 -1.9% $2 / Sq Ft
02/04/2019 02/04/19 For Rent $2,850 +5.6% --
03/15/2018 03/15/18 Rented $2,700 -3.4% --
02/23/2018 02/23/18 Under Contract -- -- --
01/02/2018 01/02/18 Price Changed $2,795 -1.9% $2 / Sq Ft
12/27/2017 12/27/17 For Rent $2,850 +1.8% --
09/01/2016 09/01/16 Rented $2,800 0.0% --
08/03/2016 08/03/16 Under Contract -- -- --
07/25/2016 07/25/16 Price Changed $2,800 -5.1% $2 / Sq Ft
07/18/2016 07/18/16 Price Changed $2,950 0.0% $2 / Sq Ft
07/15/2016 07/15/16 Sold $616,000 0.0% $519 / Sq Ft View Prior Sale
07/11/2016 07/11/16 For Rent $3,000 0.0% --
06/09/2016 06/09/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $599,000 +40.6% $505 / Sq Ft
09/06/2013 09/06/13 Sold $426,000 0.0% $359 / Sq Ft View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
07/28/2013 07/28/13 Off Market $426,000 -- --
07/20/2013 07/20/13 For Sale $399,000 -- $336 / 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 $4,764 $750,300 $0 $750,300
2024 $4,375 $739,000 $0 $739,000
2023 $4,165 $710,800 $0 $710,800
2022 $4,123 $696,500 $0 $696,500
2021 $3,962 $677,300 $0 $677,300
2020 $3,771 $655,900 $0 $655,900
2019 $3,627 $610,600 $0 $610,600
2018 $3,540 $562,800 $0 $562,800
2017 $3,141 $483,900 $0 $483,900
2016 $3,090 $442,000 $0 $442,000
2015 $3,070 $392,600 $0 $392,600
2014 $2,839 $338,800 $0 $338,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73358870

MLS Property Information Network (MLS PIN)

APN: CAMB-000267E-000000-000269-000501