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221 Mt. Auburn # 508, Cambridge MA 02138

Cambridge, MA 02138 • West Cambridge
$1,700,000
Est. $10,870/month
2
Beds
2
Baths
1,106
Sq Ft
$1,537
Price/Sq Ft
1960
Year Built
6
Days on Market
Closed Listed Mar 21, 2024 • MLS# 73214909 Copied!

About this home

Rare to market, exquisite 2 bed, 2 bath corner unit with large balcony on 5th Floor of Riverview Condominiums with direct views of the Charles River and beautiful city views. Riverview Condominiums is a much coveted, extremely well-maintained and managed condominium complex that features 24-hour concierge, 7 days a week, package delivery, parking, guest parking and storage. The living room and dining area are open plan with abundant natural light throughout. The kitchen overlooks the dining area and also has views of the Charles. There are 3 walk-in closets as well as a front hall closet and extra storage. This is an ideal urban location, convenient to the Red Line T, bus, shops, restaurants, university, and easy access to Boston and Logan Airport. You're in the catbird seat to view the changing seasons from your balcony which extends along the full length of the living room and front bedroom (30 lineal feet). Very special unit!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1960
Bedrooms
2
Full Bathrooms
2
Living Area
1,106 sq ft
Total Rooms
5
Stories
2
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $1,395,000
Final Sale Price: $1,700,000
Difference: +$305,000 (+21.9%)
Performance Metrics
121.9%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $1,261
Sale $/sq ft: $1,537
This property sold for $1,537 per square foot
Sale Summary

This property sold for 21.9% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$1,537/sq ft
Area Average
$677/sq ft
Difference
+127.0%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1960
Living Area 1,106 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Heat Pump, Natural Gas, Unit Control, Fan Coil
Cooling Central Air, Unit Control
Flooring Wood, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Leased

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $5,569
Assessed Value $1,409,200

Interior Features

Flooring: Wood, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Interior Features:
Windows:
Basement: N
Laundry:
Security: Intercom, TV Monitor, Doorman, Concierge

Construction & Materials

Year Built: 1960
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Natural Gas, Unit Control, Fan Coil
Heating Zones: 3
Cooling: Central Air, Unit Control
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Leased

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River, Frontage
View: Yes
View Type: City
Community Amenities: 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

Location

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Neighborhood

West Cambridge

221 Mt. Auburn # 508, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $464
Homeowners Insurance $200
HOA Fee $1,610/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

17.9%
Price Range
7
Total Days on Market

Property Timeline

Sold
May 2, 2024
$1,700,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Mar 21, 2024
$1,395,000
Original listing
Agent: The Carol Kelly Team Office: Compass

Price & Status History

Date Event Price Change
Mar 21, 2024 New Listing Added $1,395,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$1,537

Tax History

Year Taxes Assessment
2024 $5,569 $1,409,200

Financial Details

Annual Property Tax
$5,569
Tax Year 2024
HOA Fee
$1,610
Monthly
Assessed Value
$1,409,200

Listing Information

Listing Office Compass
Agent MLS ID TM319110
Office MLS ID AN2606
Listing Data Updated May 2, 2024 7:24 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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Market Analytics for Cambridge, MA

Real-time market trends and pricing data for this area

221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 1 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 2 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 3 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 4 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 5 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 6 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 7 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 8 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 9 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 10 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 11 221 Mt. Auburn # 508, Cambridge MA 02138 - Photo 12
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