Dimensions8 x 12
FeaturesFlooring - Laminate, Dryer Hookup - Electric
LevelSecond
16-1/2 Magnolia Ave # 2, Cambridge MA 02138
Cambridge, MA 02138 • Harvard Square
$795,000
Est. $4,785/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
24
Oct
Saturday, October 24
11:30 AM - 1:00 PM EDT
25
Oct
Sunday, October 25
11:30 AM - 1:00 PM EDT
About this home
Imagine living on a peaceful side street, yet just steps to vibrant Harvard and Inman Squares, with so many options for restaurants, coffee, and entertainment, and just a quick stroll to parks and open spaces, public schools and universities! This charming, second floor condo is part of an elegant four-building association set on exclusive private grounds, with three patios, brick walks, and lush landscaping. A perfect blend of modern updates and original details, the sunlit unit offers 2 bedrooms, a nicely renovated eat-in kitchen, a living room w/ office nook, fir flooring, in-unit laundry, and exclusive basement storage. Two off-street parking spots are shared by the community, and on-street permit parking is relatively easy to find. You'll love the quiet of Magnolia Ave, while being right in the heart of Cambridge's finest neighborhood. Heating system installed in 2019, hot water tank in 2021, stove in 2025.
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Recently Sold Nearby
Price & Status History
Market Insights
1
Price Changes
91.6%
Price Range
1
Previous Sales
Property Timeline
Price Reduced
Oct 22, 2026
$795,000
$7,200,000
(-90.06%)
From $7,995,000 to $795,000 (-90.1%)
Listed for Sale
Oct 22, 2026
$7,995,000
Original listing
Agent: Nellie Aikenhead
Office: Aikenhead Real Estate, Inc.
Previous Transaction - MLS #72784968
Full transaction history available when tracking began
Previously Sold
Apr 6, 2021
$671,500
MLS #72784968
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/22/2026 | ↓ Price Reduced | $795,000 | $7,200,000 | - | From $7,995,000 to $795,000 (-90.1%) |
| 10/22/2026 | 🏠 Listed for Sale | $7,995,000 | - | - | Original listing |
| 04/06/2021 | 🏷️ Previously Sold | $671,500 | - | - | MLS #72784968 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2027 | $3,477 | $547,700 |
Financial Details
Annual Property Tax
$3,477
Tax Year 2027
HOA Fee
$275
Monthly
Assessed Value
$547,700
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1903
Living Area
682 sq ft
Stories
1
Bedrooms
2
Full Baths
1
Total Rooms
5
Interior
Heating
Forced Air, Natural Gas
Cooling
None
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Patio, Fenced Yard, Garden, Sprinkler System
Pool
None
Spa
None
Fencing
Security, Fenced
Patio/Porch
Patio
Parking
Features
Off Street, On Street, Common
Utilities
Electric
Circuit Breakers, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$3,477
Assessed Value
$547,700
HOA & Community
HOA Fee
$275 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Reserve Funds
Amenities
None
Optional Fee Includes
None
Pets
Yes
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
One Living Room Window Doesnt Close/lock Properly; One Bedroom Window Has A Broken Seal.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["2/3 Family"]
Unit/Building
2
Sq Ft Source
Master Deed
Sq Ft Disclosures
Room sizes estimated from Condo floor plan
Documents
Master Deed, Unit Deed, Rules & Regs, Master Plan, Floor Plans, Association Financial Statements, Certificate Of Insurance (7)
County
Middlesex
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1903
Bedrooms
2
Full Bathrooms
1
Living Area
682 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
682 sq ft above grade
Dimensions10 x 10
FeaturesCloset, Flooring - Hardwood
LevelSecond
FeaturesBathroom - Full, Bathroom - Tiled With Tub
LevelSecond
Dimensions11 x 14
FeaturesFlooring - Hardwood, Window(s) - Bay/Bow/Box
LevelSecond
Dimensions11 x 10
FeaturesCloset, Flooring - Hardwood
LevelSecond
Display Options
Outdoor Areas
Patio & porchPatio
Room Markers
KKitchen (1)
BRBedroom (2)
BABathroom (1)
LLiving (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Insulated Windows
Basement:
Y
Laundry:
Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1903
Effective Year (Renovated):
1986
Structure Type:
2/3 Family
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stories:
1
Utilities & Systems
Heating:
Forced Air, Natural Gas
Heating Zones:
1
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Patio, Fenced Yard, Garden, Sprinkler System
Patio & Porch:
Patio
Fencing:
Security, Fenced
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Off Street, On Street, Common
Nearby Schools
School District
Cambridge School District local
A-
Where Graduates Go
Class of 2021
65%
attend college
58%
4-Year
7%
2-Year
23%
Out of State
7%
Working
School Safety
2024-25
1.2%
Low
0.8%
Suspensions
0.2%
In-School
0.4%
Emergency
4.3% below state avg
Elementary Schools
10 schools
C
Prospect Hill Academy Charter School
0.7 mi
|
#246 of 346
|
Score: 47.4
Improved 36 spots from last year
-10.8 below state avg
888 students
Diverse
Rising School
College Ready Curriculum
Diverse Student Body
Grades PK-12
A
Amigos School
1.0 mi
|
#46 of 352
|
Score: 57.6
Improved 13 spots from last year
-0.6 below state avg
421 students
Diverse
Diverse Student Body
Strong Attendance
Grades PK-08
St. Peter Elementary School
1.2 mi
Grades PK-08
Cambridge Friends School
1.4 mi
Grades PK-08
Cambridge Montessori School
1.4 mi
Grades PK-06
A
Benjamin Banneker Charter Public School
1.6 mi
|
#105 of 825
|
Score: 59.1
Dropped 84 spots from last year
+0.9 above state avg
344 students
Less Diverse
Grades PK-06
Shady Hill School
1.7 mi
Grades PK-08
Lycee International de Boston/International School of Boston, Inc.
2.2 mi
Grades 01-12
Fayerweather Street School
2.6 mi
Grades PK-08
A
John M Tobin School
0.5 mi
|
#116 of 825
|
Score: 58.4
Dropped 13 spots from last year
+0.2 above state avg
307 students
Very Diverse
Diverse Student Body
Grades PK-05
Middle Schools
5 schools
Allium Montessori School
0.6 mi
Grades 01-06
A-
Putnam Avenue Upper School
0.8 mi
|
#104 of 352
|
Score: 49.2
Dropped 25 spots from last year
-9 below state avg
286 students
Very Diverse
Diverse Student Body
Grades 06-08
B-
Cambridge Street Upper School
0.9 mi
|
#207 of 352
|
Score: 39.9
Dropped 19 spots from last year
-18.3 below state avg
317 students
Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
1.2 mi
|
#119 of 352
|
Score: 47.6
Improved 25 spots from last year
-10.6 below state avg
296 students
Very Diverse
Rising School
Diverse Student Body
Grades 06-08
A
Rindge Avenue Upper School
1.5 mi
|
#66 of 352
|
Score: 54.0
Dropped 1 spots from last year
-4.2 below state avg
278 students
Diverse
Diverse Student Body
Strong Attendance
Grades 06-08
High Schools
3 schools
Farr Academy School
1.0 mi
Grades 07-12
NuVu Innovation School
1.0 mi
Grades 08-12
B-
Community Charter School of Cambridge
1.3 mi
|
#205 of 346
|
Score: 51.9
Dropped 84 spots from last year
-6.3 below state avg
244 students
Diverse
7 sports
• 202 athletes
High Graduation Rate
College Ready Curriculum
Grades 06-12
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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$290
Homeowners Insurance
$200
HOA Fee
$275/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
Harvard Square
16-1/2 Magnolia Ave # 2, Cambridge MA 02138
Cambridge, MA 02138
Listing Information
Listing Agent
Nellie Aikenhead
Listing Office
Aikenhead Real Estate, Inc.
Office Phone
781-228-9303
Agent MLS ID
CT000662
Office MLS ID
AN2648
Listing Data Updated
Oct 22, 2026 4:58 PM 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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