Quick Stats:

2 Bed / 2 Baths • 959 Sq Ft • Condo • Sold in 2024 • Listed for $769,000 • Sold for $870,000

This was a sale of a condo in a large complex in Cambridgeport that was in the process of a multi-million dollar special assessment project. Generally, when you’re selling a condo with an ongoing special assessment, it can be challenging to sell for top dollar as some buyers get scared away by the prospect of ongoing work on a building as well as potential ongoing costs. 

In this case, the seller had previously tried to sell with another agent for around $840,000. They weren’t able to get the condo sold and ultimately we made some updates throughout the unit, marketed it and sold for $870,000 with multiple offers received. 

This deal ended up being a win-win for all involved - the seller got a really solid price and the buyer got a property at a slight discount due to the ongoing assessment that was close to being wrapped up (and was ultimately paid in full by the seller).

Thinking about selling? Learn more about my services here.

Have questions? Feel free to call me at 617-833-7457 or email me at Sage@CambridgeSage.com