Introducing a beautiful standalone condo by an experienced architect and developer with strong ties to the Cambridge and Somerville communities. This home has been completely renovated and now offers three levels of comfortable living. The first floor features an open concept living and dining area with a Chef's kitchen equipped with top-of-the-line appliances and marble countertops. There's also a half bathroom with custom cabinetry made from repurposed wood for a unique touch. Upstairs, you'll find cathedral ceilings, some with exposed beams, and each bedroom has its own en suite marble tile bathroom. Laundry is conveniently located on this level. The lower level offers another spacious area that can be used as a second living space or a fitness room. There's also another bedroom and a full marble bathroom on this level. Plus, there's private outdoor space behind the condo for your enjoyment. Two zone central air, and off street parking.
Sale Statistics
Sale Overview
Original List Price:$1,875,000
Final Sale Price:$1,750,000
Difference:
$125,000 (-6.7%)
Performance Metrics
93.3%
List to Sale Ratio
Sold below asking price
24
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$941
Sale $/sq ft:$879
This property sold for $879 per square foot
Sale Summary
This property sold for 6.7% below the original asking price.
With only 24 days on market, this was a quick sale compared to typical market conditions.
Patio - Enclosed, Fenced Yard, Garden, Professional Landscaping
Patio/Porch Features
Patio - Enclosed
Fencing
Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.23 acres
Lot Size
9,999 sq ft
Lot Size Area
0.2300
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
HOA Fee
$300
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,996
Tax Year
2025
Tax Assessed Value
$999
Parcel Number
413565
Zoning
C-1
Additional Details
Year Built Source
Owner
Year Built Details
Actual
Attached Property
No
Disclosures
Taxes reflect 50% of 2024 tax bill, based on prior single family home which was on this property until separately assessed. This is one of two new construction condominiums which are now located on this lot. Condo Fee's approximate- Separate water and sewer.
Location
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Neighborhood
North Cambridge
23 Reed Street # 1, Cambridge MA 02140
Cambridge, MA 02140
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$416
Homeowners Insurance$200
HOA Fee$300
PMI$0
Property History
Market Insights
6.7%
Price Range
26
Total Days on Market
Property Timeline
✓
Sold
May 20, 2025
$1,750,000
Property sold
Days on Market: 26
🏠
Listed for Sale
Apr 2, 2025
$1,875,000
Original listing
Agent: Gary S. VrotsosOffice: Coldwell Banker Realty - Cambridge
