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7 Palermo Street # 7, Cambridge MA 02141

Cambridge, MA 02141 • East Cambridge
$855,000
2
Beds
1
Baths
974
Sq Ft
$878
Price/Sq Ft
1903
Year Built
15
Days on Market
Closed Listed Sep 3, 2025 • MLS# 73425000 Copied! • Updated Nov 3, 2025

Sale Statistics

Sale Overview
Original List Price: $850,000
Final Sale Price: $855,000
Difference: +$5,000 (+0.6%)
Performance Metrics
100.6%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $873
Sale $/sq ft: $878
This property sold for $878 per square foot
Sale Summary

This property sold for 0.6% above the original asking price, indicating strong buyer demand.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 48 similar properties sold within 0.5 miles in the last 90 days

This Property
$878/sq ft
Area Average
$183/sq ft
Difference
+380.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Beautifully renovated 2-bed plus office, 1-bath condo perfectly nestled between Inman, Union and Kendall Squares. Tucked away on a quiet residential street, a stone's throw to the redeveloped, award-winning Cambridge Public Library, King Open School and Donnelly Field, which will serve as your command central year round with a park, playground, verdant walking trails, baseball field, pool, basketball court and more. Seamlessly blending historic charm with today's style, this bright and airy home features a private entrance and great layout with chic finishes, spacious living areas, high ceilings, quartz countertops and hardwood floors throughout. The large shared patio and garden is perfect for entertaining or relaxing in the sun with a book. Dedicated storage. Enjoy the urban bounty of cafés, restaurants, shops and parks at your doorstep. Less than 1/2 mile to the Union Square Green Line T and less than 1 mile to the Kendall Square Red Line T. Easy access to downtown and I-93.

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Recently Sold Nearby

Property History

Market Insights

0.6%
Price Range
16
Total Days on Market

Property Timeline

Sold
Oct 31, 2025
$855,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Sep 3, 2025
$850,000
Original listing
Agent: Lauren Holleran Team Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2025 $5,296 $812,600

Financial Details

Annual Property Tax
$5,296
Tax Year 2025
HOA Fee
$165
Monthly
Assessed Value
$812,600

Facts & Features

Home Facts

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

Interior

Heating Forced Air
Cooling Window Unit(s)
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Basement, In Building
Features Office, Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Patio, Garden
Pool None
Spa None
Fencing Security
Patio/Porch Patio
Features On Street
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $5,296
Assessed Value $812,600

HOA & Community

HOA Fee $165 Monthly
Fee Includes Water, Sewer, Insurance
Amenities Hot Water
Optional Fee Includes None
Owner-Occupied Units 2
Seller Disclosures Rear Courtyard Is Split Between Two Units On Site Plan But Owners Have Been Using The Whole Space As Common. Common Laundry Uses Unit 7 Utilities.
Possession None
Accepted Financing Contract
Structure Type ["2\/3 Family"]
Unit/Building 7
Sq Ft Source Public Record
Sq Ft Disclosures Master Deed states 1478 SF, which includes half of basement.
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans (4)
County Middlesex
Total market time (incl. prior listings) 16 days

Property Overview

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

Room Details

First Floor

Bathroom1
7 x 6
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Dining Room
14 x 12
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
16 x 11
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances
Bedroom2
11 x 9
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Living Room
18 x 13
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Master Bedroom
12 x 9
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Office
8 x 5
Flooring - Hardwood, Window(s) - Bay/Bow/Box

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Family Room
Master Bathroom
No

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Office, Internet Available - Broadband
Windows: Window(s) - Bay/Bow/Box, Insulated Windows
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Parking Features: On Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

East Cambridge

7 Palermo Street # 7, Cambridge MA 02141

Cambridge, MA 02141

Listing Information

Listing Agent Lauren Holleran Team
Listing Office Gibson Sotheby's International Realty
Office Phone 617-945-9161
Agent MLS ID TM331830
Office MLS ID AN2064
Listing Data Updated Nov 3, 2025 10:07 AM EST
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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