Huge, glamorous true loft on residential side street in turn-of-the-century brick industrial building. Payne Project Condominium is close to Red Line, Harvard Law, & University Science Center. Over 3,000 s.f.! Open floor plan. 14.5' ceilings. Vast cubic footage. Huge windows. Abundant natural light. Cross-ventilation. Massive walls for oversized art. Beautiful light maple floors. Industrial metal staircases with steel cable balustrades. Lovely green views. Lots of skylights. 3 ceiling fans. Dramatic & versatile space. Palatial 37' x 19' x 14.5' living/dining room. Whole walls of floor-to-ceiling built-in bookcases/art display. Stainless steel appliances. Immense & open entertaining spaces. Wood stove. Six gigantic walk-in closets with abundant built-in storage. 4 separate open studies. In-unit laundry. AC. Separate systems. Lovely oversized common rear garden. Conveniently located deeded parking, space #18. Prof. management. Exceptional value at $534.67/psf.
Sale Statistics
Sale Overview
Original List Price:$1,925,000
Final Sale Price:$1,700,000
Difference:
$225,000 (-11.7%)
Performance Metrics
88.3%
List to Sale Ratio
Sold below asking price
80
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$624
Sale $/sq ft:$551
This property sold for $551 per square foot
Sale Summary
This property sold for 11.7% below the original asking price.
The property spent 80 days on market before selling.
Off Street, Assigned, Deeded, Driveway, Paved, Exclusive Parking
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
HOA Fee
$641
HOA Fee Frequency
Monthly
Association Amenities
Garden Area
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$11,063
Tax Year
2024
Tax Assessed Value
$1,868,800
Tax Lot
001120
Tax Map Number
00201
Parcel Number
414571
Zoning
IA1
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
Payne Project Condominium
Common Walls
No One Above, End Unit, Corner
Disclosures
The deed is recorded as Registered Land, not Recorded Land, in the Middlesex South Land Court. There are a few windows with perforated seals; they are already scheduled to be replaced, at no cost to buyer.
