Description
DEED RESTRICTED PLEASE READ BUYER QUALIFICATIONS and AFFORDABLE HOUSING COVENANT. Household income cannot exceed 100% AMI ($104,200/1 person, $119,100/2 person). Must be buyer’s primary and only residence, resale value restrictions. Dream Mid-Cambridge location. First floor mint 1 bedroom across from Cambridge Public Library and Joan Lorentz Park. Minutes to Harvard, Inman and Central Squares. #68 bus to Harvard or Kendall Stations. Gracious, panoramic 11 ft bay window pours light in. Smooth classic oak floors. Stylish remodeled Kitchen with high end SS appliances, quartz counters, recessed lights and LVT floor. Natural light in Bedroom with ceiling fan, barn closet doors and custom organizer. Updated compact Bath, convenient Laundry hookups. Low $307 condo fee includes heat/hot water. Assigned storage in basement. Affordable Housing Program sale below market rate: capped max price with a property tax reduction. Please include required documents with offer by 4pm Jan 6 to be considered
Property Id: 414979
Price: $ 375,518
Property Size: 544 ft2
Rooms: 3
Bedrooms: 1
Bathrooms: 1
AssociationFeeIncludes: Heat,Water,Sewer,Insurance,Maintenance Structure,Maintenance Grounds,Snow Removal,Reserve Funds
AssociationAmenities: Hot Water,Laundry
BathroomsTotalDecimal: 1
AssociationFee: 307.01
AssociationFeeFrequency: Monthly
BuildingAreaSource: Public Records
BuildingAreaUnits: Square Feet
Basement: Y
BuildingName: The Library Condominium
BathroomsFull: 1
BuyerAgentMlsId: CN222922
BuyerOfficeMlsId: AN2589
CommonWalls: Corner
CommunityFeatures: Public Transportation,Shopping,Park,Highway Access,Public School,University
BuildingAreaTotal: 544
CurrentFinancing: Conv. Fixed
Directions: Broadway across from Cambridge Public Library. Offers due by 4pm Monday 1/6/25
Disclosures: Condo docs,Rules/Regs,Meeting minutes and Budget. Affordable Housing Restrictions and Qualifications.
DocumentsAvailable: Rules & Regs,Management Association Bylaws,Floor Plans,Association Financial Statements,Certificate of Insurance
DocumentsCount: 5
EntryLevel: 1
EntryLocation: Unit Placement(Front)
CloseDate: 2025-02-20
ExpirationDate: 1900-01-01
ClosePrice: 375518
FarmLandAreaUnits: Square Feet
GreenEnergyEfficient: Thermostat
IDXParticipationYN: 1
ListAgentMlsId: CT007592
ConstructionMaterials: Frame
ListOfficeMlsId: AC2360
ListingAgreement: Exclusive Right To Sell
Cooling: None
ListingTerms: Deed Restricted (See Remarks)
LotSizeUnits: Acres
MLSPIN_ANT_SOLD_DATE: 2025-02-19T05:00:00.000Z
Electric: Circuit Breakers
Exclusions: Washer, Dryer Excluded. Bidet Attachment, Refrigerator Will Be Replaced With Standard Model
MLSPIN_CERTIFICATE_NUMBER: 000009052293
MLSPIN_COMPLEX_COMPLETE: Yes
Flooring: Wood,Tile,Vinyl
MLSPIN_DISCLOSURE: Y
MLSPIN_DPR_Flag: No
MLSPIN_ENTERED_BY: CT007592
Heating: Baseboard,Natural Gas,Common,Unit Control
MLSPIN_HEAT_ZONES: 1
LaundryFeatures: In Building,In Unit,Electric Dryer Hookup,Washer Hookup
MLSPIN_LEAD_PAINT: Unknown
MLSPIN_LISTING_ALERT: No
MLSPIN_LIST_PRICE_PER_SQFT: 690.29
MLSPIN_MAIN_LO: NH0049
MLSPIN_MAIN_SO: AN2589
MLSPIN_MANAGEMENT: Owner Association
ListingContractDate: 2025-01-02
MLSPIN_MARKET_TIME: 5
ListingId: 73322601
MLSPIN_MARKET_TIME_BROKER: 5
MLSPIN_MARKET_TIME_PROPERTY: 5
MLSPIN_NO_UNITS_OWNER_OCC: 2
MLSPIN_OFFLINE_LIST_NO: 3850548
MLSPIN_OH_FLAG: 1
MLSAreaMajor: Mid Cambridge
MLSPIN_PAGE: 360
MLSPIN_PRICE_PER_SQFT: 690.29
MLSPIN_SOLD_PRICE_PER_SQFT: 690.29
ParcelNumber: M:00135 L:0002900001,5116993
ParkingFeatures: On Street
MLSPIN_SQUARE_FEET_INCL_BASE: No
MLSPIN_UNIT_BUILDING: 1
MLSPIN_VT_FLAG: 1
MLSPIN_YEAR_ROUND: Yes
Roof: Rubber
MlsStatus: Sold
NumberOfUnitsTotal: 6
OffMarketDate: 2025-01-07
OriginalListPrice: 375518
OriginatingSystemID: mlspin
OriginatingSystemKey: mlspin
OriginatingSystemName: MLS Property Information Network
PetsAllowed: Yes
PhotosCount: 22
PrivateOfficeRemarks: Dotloop folder with Hombridge Info and Condo Docs, Rules, Budget etc available at https://www.dotloop.com/my/loop/p/7lBJoeKeuo4?v=J3vbK . Buyer and their agent to conduct due diligence and verifiy information. Measurements approximate. DO NOT OVERBID, SALES PRICE IS CAPPED FOR AFFORDABLE HOUSING. Deed Restricted Sale - please refer to attached 'Affordable Housing Covenant' and Household Income guidelines. Property must serve as the buyer's primary and only residence and cannot be rented. All offers must include 'Direct Sale Eligibility Screening Form'and proof of income along with loan pre approval or financial verification. Offers should include a contingency for City approval prior to P&S. This property will be deed restricted for the next owner and remain as Affordable Housing - it cannot be sold at market value in the future, program allows for 2.5% appreciation in value per year.
PurchaseContractDate: 2025-01-07
RoomBathroom1Features: Bathroom - Full,Flooring - Stone/Ceramic Tile,Remodeled
RoomBathroom1Level: First
RoomKitchenArea: 154
RoomKitchenFeatures: Flooring - Vinyl,Countertops - Stone/Granite/Solid,Breakfast Bar / Nook,Cabinets - Upgraded,Dryer Hookup - Electric,Exterior Access,Open Floorplan,Recessed Lighting,Remodeled,Stainless Steel Appliances,Washer Hookup
RoomKitchenLength: 14
RoomKitchenLevel: First
RoomKitchenWidth: 11
RoomLivingRoomArea: 266
RoomLivingRoomFeatures: Ceiling Fan(s),Flooring - Hardwood,Window(s) - Bay/Bow/Box,Cable Hookup,High Speed Internet Hookup,Open Floorplan
RoomLivingRoomLength: 19
RoomLivingRoomLevel: First
RoomLivingRoomWidth: 14
RoomMasterBathroomFeatures: Yes
RoomMasterBedroomArea: 154
RoomMasterBedroomFeatures: Ceiling Fan(s),Closet,Flooring - Hardwood,Closet - Double
RoomMasterBedroomLength: 11
RoomMasterBedroomLevel: First
RoomMasterBedroomWidth: 14
Sewer: Public Sewer
ShowingInstructions: Schedule with ShowingTime or Call 888-627-2775,Lockbox On Side Door To The Right, Keys Are For Front Entry.
StateOrProvince: MA
StoriesTotal: 1
StreetName: Broadway
StreetNumber: 422-424
StreetNumberNumeric: 422
StructureType: Garden
TaxAnnualAmount: 160
TaxAssessedValue: 281000
TaxBookNumber: 9231
TaxYear: 2024
UnitNumber: 1
Utilities: for Electric Range,for Electric Dryer,Washer Hookup
WaterSource: Public
WindowFeatures: Insulated Windows
YearBuiltDetails: Actual,Approximate
YearBuiltEffective: 2019
YearBuiltSource: Public Records
Zoning: R18
YearBuilt: 1900
Office Name: keller williams realty - londonderry
Member Name: jennifer frost
Other Features
ENERGY STAR Qualified Dishwasher
ENERGY STAR Qualified Refrigerator
Has Heating System
Internet Available - Broadband
Open Parking
Range
Range Hood
$ 1,925.36
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,455.96
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