Cambridge’s BEST VALUE for modern luxury with garage parking. Discover the epitome of urban living in this exquisite 1-bed condo at Reservoir Lofts, nestled in the vibrant Fresh Pond area. Sunlight bathes this corner unit, boasting high ceilings and an expansive private patio. The oversized windows, in-unit laundry, and manicured grounds enhance the living experience. Inside, special bathroom tile, wide-planked hickory floors, and central A/C create a cozy haven. Ample closet spaces are optimized for storage. The kitchen dazzles with a mobile island, custom cabinets, and top-tier appliances. Recent upgrades include a hot water tank and Bluetooth enabled bathroom vent. The heated garage offers bike storage with a maintenance station. Unbeatable location with gyms, recreational spaces, movie theatre, Whole Foods, Trader Joe's, CVS and numerous dining and retail options right outside your door. Commuting is a breeze with easy access to major commuter routes, buses, and Alwife station.
Sale Statistics
Sale Overview
Original List Price:$549,000
Final Sale Price:$539,000
Difference:
$10,000 (-1.8%)
Performance Metrics
98.2%
List to Sale Ratio
Sold below asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$878
Sale $/sq ft:$862
This property sold for $862 per square foot
Sale Summary
This property sold for 1.8% below the original asking price.
With only 22 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
2007
Bedrooms
1
Full Bathrooms
1
Living Area
625 sq ft
Total Rooms
3
Stories
1
Entry Level
1
Interior Features
Flooring
Wood, Tile
Heating
Forced Air, Heat Pump, Natural Gas, Individual, Unit Control
Has Heating
Yes
Cooling
Central Air, Individual, Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features
Internet Available - Broadband
Laundry Features
In Unit, Gas Dryer Hookup, Washer Hookup
Basement Details
N
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Roof
Rubber
Exterior Features
Patio
Patio/Porch Features
Patio
Has Spa
No
Waterfront Property
No
Lot & Land
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Parking Features
Attached, Under, Garage Door Opener, Heated Garage, Deeded
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Security Features
Intercom
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
HOA Fee
$303
HOA Fee Frequency
Monthly
Association Amenities
Trail(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,134
Tax Year
2023
Tax Assessed Value
$534,800
Parcel Number
M:0267F L:0027500103,4756518
Zoning
R7
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
Reservoir Lofts
Common Walls
Corner
Disclosures
Central A/C compressor is in need of replacement, in-process with Association (ask agent). Unit is currently in a "mostly exempt zone" for real estate taxes.
Exclusions
Patio Set Is Negotiable
Listing Terms
Contract
Location
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Neighborhood
Cambridge Highlands
31 Wheeler St # 103, Cambridge MA 02138
Cambridge, MA 02138
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$261
Homeowners Insurance$200
HOA Fee$303
PMI$0
Property History
Market Insights
1.8%
Price Range
23
Total Days on Market
Property Timeline
✓
Sold
Oct 31, 2023
$539,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Oct 2, 2023
$549,000
Original listing
Agent: Sean PrestonOffice: Unlimited Sotheby's International Realty
Date
Event
Price
Change
$/sqft
Details
10/31/2023
✓
Sold
$539,000
-
-
Property sold
10/02/2023
🏠
Listed for Sale
$549,000
-
-
Original listing
Price & Status History
Date
Event
Price
Change
Oct 2, 2023
New Listing Added
$549,000
—
Market Statistics
Days on Market
22 days
Price per Sq Ft
$862
Tax History
Year
Taxes
Assessment
2023
$3,134
$534,800
Financial Details
Annual Property Tax
$3,134
Tax Year 2023
HOA Fee
$303
Monthly
Assessed Value
$534,800
Listing Information
Listing AgentSean Preston
Listing OfficeUnlimited Sotheby's International Realty
