545 Concord Avenue

545 Concord Avenue in Cambridge, MA was first built in 1988 and is 36 years old. This has been categorized as a office property type. There are a total of 4 floors. 545 Concord Avenue has 20,060 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,255 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with steel control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. As for heating, the home is utilizing a heat pump and being fueled with gas. The property was last sold in Jan 1, 1970 for $4,400,000. That's $219.34 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $2,080,000. 545 Concord Avenue was last assessed in 2024. The total value of the property was assessed at $10,367,200. Specifically, the land the property is located on was valued at $3,858,800. While improvements on the property were assessed at a total of $6,508,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $108,441. The initial tax year of delinquency was in 2023. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.