7 Palermo St # 7, Cambridge MA 02141

Cambridge, MA 02141
$293,000
2
Beds
1
Baths
974
Sq Ft
$301
Price/Sq Ft
1903
Year Built
Condominium
Type
67
Days on Market
Sold Listed Aug 13, 2008 • MLS# 70805988 Copied! • Updated Apr 1, 2025

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Sale Statistics

Sale Overview
Original List Price: $319,900
Final Sale Price: $293,000
Difference: $26,900 (-8.4%)
Performance Metrics
91.6%
List to Sale Ratio
Sold below asking price
67
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $328
Sale $/sq ft: $301
This property sold for $301 per square foot
Sale Summary

This property sold for 8.4% below the original asking price.

The property spent 67 days on market before selling.

About this home

Midway between vibrant Inman and Kendall Squares and the Green Line at Lechmere is a short street just removed from the bustle of Cambridge Street. There you’ll find a roomy well-maintained condo with some updates. Two bedrooms, living room, dining room and eat-in kitchen with pantry. Exclusive use of one half the back yard. Laundry in basement. Exclusive storage space in basement amounts to approximately 500 sq ft. Low condo fee. Pets allowed. Close to restaurants, shops & transportation.

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Recently Sold Nearby

Property History

Market Insights

65.7%
Price Range
68
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73425000
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 31, 2025
$855,000
MLS #73425000
View Listing →
Previous Transaction - MLS #71052552
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 9, 2010
$306,500
MLS #71052552
View Listing →
✓
Sold
Dec 8, 2008
$293,000
Property sold
Days on Market: 68
🏠
Listed for Sale
Aug 13, 2008
$309,000
Original listing
Agent: Dana Finnegan Office: Hammond Real Estate

Tax History

Year Taxes Assessment
8 $1,078 $518,900

Financial Details

Annual Property Tax
$1,078
Tax Year 8
HOA Fee
$125
Per month
Assessed Value
$518,900

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1903
Living Area 974 sq ft
Stories 1
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas, Unit Control
Cooling None
Flooring Tile, Vinyl, Carpet
Appliances Range, Dryer
Fireplace None
Basement Y
Laundry In Basement
Features None

Exterior

Construction None
Architecture None
Roof Tar/gravel
Features Porch, Patio
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio
Features None
Electric Circuit Breakers
Water Public, City/town Water, City/town Sewer
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $1,078
Assessed Value $518,900

HOA & Community

HOA Fee $125
Fee Includes Insurance
Amenities Storage
Optional Fee Includes None
Owner-Occupied Units 2
Pets Yes
Lead Paint Unknown
Seller Disclosures Taxed As 2-fam (fy08 Approx $1078 For Unit 1). Water/sewer Bill Split 50%, Approx $100/quarter.
Exclusions Refrigerator,Washing Machine (For Common Laundry In Basement).
Possession None
Accepted Financing None
Structure Type ["2/3 Family"]
Unit/Building 7
Sq Ft Source Unit Floor Plan
Documents Master Deed, Rules & Regs, Floor Plans (3)
County Middlesex
Total market time (incl. prior listings) 68 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1903
Bedrooms
2
Full Bathrooms
1
Living Area
974 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement
Security: Security System

Construction & Materials

Year Built: 1903
Effective Year (Renovated): 2007
Structure Type: 2/3 Family
Exterior Materials:
Roof: Tar/Gravel
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Unit Control
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public, City/Town Water, City/Town Sewer
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Patio
Patio & Porch: Porch, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
✓ School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
↓ 4.3% below state avg
E

Elementary Schools

10 schools
C
Prospect Hill Academy Charter School
0.5 mi | #246 of 346 | Score: 47.4
Improved 36 spots from last year
-10.8 below state avg
888 students Diverse
Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
A
Amigos School
1.0 mi | #46 of 352 | Score: 57.6
Improved 13 spots from last year
-0.6 below state avg
421 students Diverse
Diverse Student Body Strong Attendance
Grades PK-08
St. Peter Elementary School
2.0 mi
Grades PK-08
Cambridge Friends School
2.3 mi
Grades PK-08
Cambridge Montessori School
2.3 mi
Grades PK-06
Shady Hill School
2.4 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
2.5 mi | #105 of 825 | Score: 59.1
Dropped 84 spots from last year
+0.9 above state avg
344 students Less Diverse
Grades PK-06
Lycee International de Boston/International School of Boston, Inc.
2.9 mi
Grades 01-12
Fayerweather Street School
3.4 mi
Grades PK-08
B-
King Open School
< 0.1 mi | #473 of 825 | Score: 45.4
Dropped 152 spots from last year
-12.8 below state avg
437 students Very Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

5 schools
Allium Montessori School
1.5 mi
Grades 01-06
B-
Cambridge Street Upper School
< 0.1 mi | #207 of 352 | Score: 39.9
Dropped 19 spots from last year
-18.3 below state avg
317 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
0.3 mi | #119 of 352 | Score: 47.6
Improved 25 spots from last year
-10.6 below state avg
296 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
A-
Putnam Avenue Upper School
1.1 mi | #104 of 352 | Score: 49.2
Dropped 25 spots from last year
-9 below state avg
286 students Very Diverse
Diverse Student Body
Grades 06-08
A
Rindge Avenue Upper School
2.3 mi | #66 of 352 | Score: 54.0
Dropped 1 spots from last year
-4.2 below state avg
278 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

3 schools
B-
Community Charter School of Cambridge
0.5 mi | #205 of 346 | Score: 51.9
Dropped 84 spots from last year
-6.3 below state avg
244 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
NuVu Innovation School
0.7 mi
Grades 08-12
Farr Academy School
0.9 mi
Grades 07-12
Learn about these ratings
School data provided by BMN Schools

Location

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Neighborhood

7 Palermo St # 7, Cambridge MA 02141

Cambridge, MA 02141

Listing Information

Listing Agent Dana Finnegan
Listing Office Hammond Real Estate
Office Phone 617-497-4400
Agent MLS ID B8000423
Office MLS ID BB1745
Listing Data Updated Apr 1, 2025 6:17 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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