16 Reed St # 3, Cambridge MA 02140

Cambridge, MA 02140
$860,000
Est. $4,577/month
2
Beds
1.5
Baths
992
Sq Ft
$867
Price/Sq Ft
1915
Year Built
Condominium
Type
7
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73200472

About this home

Central Air Conditioning, one and a half baths, in-unit laundry, three parking spots in exclusive use driveway, Cambridge condo close to Porter and Alewife. Granite countertops, stainless steel appliances, scenic deck, smart door locks, smart lights, nest thermostat and large private storage are some of the features that set this unit apart from the rest. A wealth of restaurants, markets, parks and shops are within walking distance. Go for a ride along the Minuteman Bike Path or stroll to Danehy Park where you can enjoy a picnic, biking, ballfields, playgrounds and nature trails. Red line subway stations are about 0.5 miles (Alewife), 0.6 miles (Davis Square) and 0.8 miles (Porter Square). Whole Foods, Trader Joe’s and the rest of Cambridge Fresh Pond shops are less than a mile away.

Sale Statistics

Sale Overview
Original List Price: $835,000
Final Sale Price: $860,000
Difference: +$25,000 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $842
Sale $/sq ft: $867
This property sold for $867 per square foot
Sale Summary

This property sold for 3.0% above the original asking price, indicating strong buyer demand.

With only 7 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
1915
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
992 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Interior Features

Heating
Central, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Storage, Center Hall
Laundry Features
First Floor
Basement Details
Y

Exterior & Structure

Exterior Features
Porch
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path
HOA Fee
$140
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,483
Tax Year
2024
Tax Assessed Value
$757,200
Parcel Number
M:00193 L:0017100003,413798
Zoning
R7

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

16 Reed St # 3, 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 $374
Homeowners Insurance $200
HOA Fee $140
PMI $0

Property History

Market Insights

2.9%
Price Range
8
Total Days on Market

Property Timeline

Sold
Apr 8, 2024
$860,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Feb 7, 2024
$835,000
Original listing
Agent: David Lenoir Office: Coldwell Banker Realty - Cambridge

Price & Status History

Date Event Price Change
Feb 7, 2024 New Listing Added $835,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$867

Tax History

Year Taxes Assessment
2024 $4,483 $757,200

Financial Details

Annual Property Tax
$4,483
Tax Year 2024
HOA Fee
$140
Monthly
Assessed Value
$757,200

Listing Information

Listing Agent David Lenoir
Listing Office Coldwell Banker Realty - Cambridge
Agent MLS ID CT004169
Office MLS ID AN6200

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