Rare opportunity to own a piece of this well-maintained nine-unit condo building with high owner occupancy, right in Porter Square! Many qualities in this condo are hard to come by; there is an elevator, a large private balcony, off-street parking, in-unit laundry, central A/C, two full bathrooms, a shared patio perfect for grilling & social gatherings, a private storage/mechanical room, and a detached shed for bikes, etc. Enter into an oversized living room with SW exposure, a walk-in coat closet near the entrance with built-ins, and a reading/office nook perfect for remote work. The spacious primary bedroom has two large closets with built-ins and a full bathroom. The eat-in kitchen with solid wood cabinetry & Quartz counters is connected to the balcony. Enjoy the convenience of this location: a 2-min walk to local corner store Thistle & Shamrock; Pemberton Market is another local mainstay— Five min walk to Red-line, a 24-minute walk to Harvard Sq, and a 15-minute walk to Davis.
Sale Statistics
Sale Overview
Original List Price:$899,000
Final Sale Price:$1,005,000
Difference:
+$106,000 (+11.8%)
Performance Metrics
111.8%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$814
Sale $/sq ft:$910
This property sold for $910 per square foot
Sale Summary
This property sold for 11.8% above the original asking price, indicating strong buyer demand.
With only 5 days on market, this was a quick sale compared to typical market conditions.
Off Street, On Street, Assigned, Paved, Exclusive Parking
Utilities & Systems
Utilities Available
for Gas Range, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom, TV Monitor
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
HOA Fee
$461
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$2,190
Tax Year
2023
Tax Assessed Value
$836,700
Parcel Number
4449400
Zoning
RES
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate,Renovated Since
Building Name
Residences At Tracey Place Condominium
Common Walls
2+ Common Walls
Disclosures
Real estate tax includes residential exemption. Ice maker on fridge is broken.
Location
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Neighborhood
Porter Square
85 Richdale Ave # 5, 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$183
Homeowners Insurance$200
HOA Fee$461
PMI$0
Property History
Market Insights
10.5%
Price Range
96
Total Days on Market
Property Timeline
✓
Sold
Sep 22, 2023
$1,005,000
Property sold
Days on Market: 96
🏠
Listed for Sale
Aug 17, 2023
$899,000
Original listing
Agent: Emma Guardia Roland Rambaud & TeamOffice: Compass
