55 Ellery Street # 3, Cambridge MA 02138

Cambridge, MA 02138
$903,000
Est. $5,302/month
2
Beds
1
Baths
1,054
Sq Ft
$857
Price/Sq Ft
1920
Year Built
6
Days on Market
Closed Listed Feb 14, 2024 • MLS# 73202365 Copied!

About this home

A classic top-floor condo in the heart of mid-Cambridge, 55 Ellery Street #3 has been well loved by its owner since the 6-unit building was converted in 1979. The wide living room is bathed in light, with hardwood floors, closets, and just the spot for a home office. Off the central hall are two well-proportioned bedrooms and a skylit bathroom with a striking tile floor, clawfoot tub, and exposed brick wall. The kitchen, renovated in 2004, features stone counters, a combined washer/dryer, glass-front cabinets, and a handy pantry. A west-facing covered deck is a perfect place to feed the birds, read a book, or grow some flowers and herbs. The fenced back yard is common, with a brick patio, mature plantings, and easy access to the street. Private basement storage. A new roof went on in 2022, and the building is professionally managed. The neighborhood boasts the best of Cambridge: the main library, CRLS, the Red Line, and the shops and restaurants of Harvard and Central Square

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Living Area
1,054 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $748,000
Final Sale Price: $903,000
Difference: +$155,000 (+20.7%)
Performance Metrics
120.7%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $710
Sale $/sq ft: $857
This property sold for $857 per square foot
Sale Summary

This property sold for 20.7% 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.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 1,054 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Washer/dryer
Fireplace None
Basement Y
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof Rubber
Features Patio, Covered Patio/deck, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Patio, Covered

Parking

Features On Street

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $2,236
Assessed Value $862,700

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Washer/Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Other (See Remarks)
Year Built: 1920
Effective Year (Renovated): 1979
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Covered Patio/Deck, Fenced Yard
Patio & Porch: Patio, Covered
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

55 Ellery Street # 3, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $186
Homeowners Insurance $200
HOA Fee $350/mo
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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Current Rate
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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

17.2%
Price Range
7
Total Days on Market

Property Timeline

Sold
Apr 30, 2024
$903,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Feb 14, 2024
$748,000
Original listing
Agent: Bigelow/Irving Office: Compass

Price & Status History

Date Event Price Change
Feb 14, 2024 New Listing Added $748,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$857

Tax History

Year Taxes Assessment
2024 $2,236 $862,700

Financial Details

Annual Property Tax
$2,236
Tax Year 2024
HOA Fee
$350
Monthly
Assessed Value
$862,700

Listing Information

Listing Agent Bigelow/Irving
Listing Office Compass
Agent MLS ID TM309527
Office MLS ID AN2606
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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55 Ellery Street # 3, Cambridge MA 02138 - Photo 1 55 Ellery Street # 3, Cambridge MA 02138 - Photo 2 55 Ellery Street # 3, Cambridge MA 02138 - Photo 3 55 Ellery Street # 3, Cambridge MA 02138 - Photo 4 55 Ellery Street # 3, Cambridge MA 02138 - Photo 5 55 Ellery Street # 3, Cambridge MA 02138 - Photo 6 55 Ellery Street # 3, Cambridge MA 02138 - Photo 7 55 Ellery Street # 3, Cambridge MA 02138 - Photo 8 55 Ellery Street # 3, Cambridge MA 02138 - Photo 9

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