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975 Memorial Drive # 401, Cambridge MA 02138

Cambridge, MA 02138 • Harvard Square
$2,375,000
Est. $15,401/month
2
Beds
2
Baths
1,374
Sq Ft
$1,729
Price/Sq Ft
1986
Year Built
166
Days on Market
Closed Listed Mar 11, 2020 • MLS# 72631607 Copied!

About this home

No open houses- showings by appointment only. Rare to the market. Intelligently configured beautiful 2-bedroom, 2-bath condominium on 4th floor of sought-after & well established Residences at Charles Square. Next door to Kennedy School, Harvard Business School, & Harvard Square, connecting via rapid-transit Red Line to MIT, MGH, & Boston. End-unit with multiple exposures, water views, cross-ventilation, abundant natural light. Wood floors, oversized windows, central AC, private balcony, in-unit laundry, eat-in kitchen, expansive living/dining, 24-hour concierge, good-size bedrooms, security garage parking, top-quality maintenance, professional management. Many shops & restaurants literally a stone’s throw away. Landscaped public park and jogging and bicycling paths just outside, along the river. Virtual tour available

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1986
Bedrooms
2
Full Bathrooms
2
Living Area
1,374 sq ft
Total Rooms
4
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $2,400,000
Final Sale Price: $2,375,000
Difference: $25,000 (-1.0%)
Performance Metrics
99.0%
List to Sale Ratio
Sold below asking price
166
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $1,747
Sale $/sq ft: $1,729
This property sold for $1,729 per square foot
Sale Summary

This property sold for 1.0% below the original asking price.

At 166 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$1,729/sq ft
Area Average
$127/sq ft
Difference
+1,259.8%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1986
Living Area 1,374 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Heat Pump
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances None
Fireplace None
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction None
Architecture Other (see Remarks)
Roof Rubber
Features Balcony, Garden
Pool None
Spa None
Fencing Security
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener
Total Spaces 1

Utilities

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

Financial

Annual Tax $11,556
Assessed Value $2,365,500

Interior Features

Flooring: Wood, Tile, Carpet
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup
Security: Concierge

Construction & Materials

Style: Other (See Remarks)
Year Built: 1986
Effective Year (Renovated): 1985
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Garden
Patio & Porch:
Fencing: Security
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Under, Garage Door Opener

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River, Public
Community Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

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Neighborhood

Harvard Square

975 Memorial Drive # 401, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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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
E

Elementary Schools

3 schools
A+
Martin Luther King Jr. School
0.6 mi | #22 of 824 | Score: 64.5
Improved 21 spots from last year
+6.3 above state avg
340 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
St. Peter Elementary School
0.7 mi
Grades PK-08
A-
Graham and Parks School
0.8 mi | #242 of 824 | Score: 52.7
Improved 3 spots from last year
-5.5 below state avg
367 students Very Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
Allium Montessori School
0.5 mi
Grades 01-06
A-
Putnam Avenue Upper School
0.6 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
A
Rindge Avenue Upper School
1.4 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Farr Academy School
1.1 mi
Grades 07-12
NuVu Innovation School
1.3 mi
Grades 08-12
JRI Bay Cove School
1.5 mi
Grades 07-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $963
Homeowners Insurance $200
HOA Fee $2,229/mo
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

19.5%
Price Range
167
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73293592
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 24, 2024
$2,950,000
MLS #73293592
Sold
Sep 25, 2020
$2,375,000
Property sold
Days on Market: 167
🏠
Listed for Sale
Mar 11, 2020
$2,400,000
Original listing
Agent: The Petrowsky Jones Group Office: Compass

Price & Status History

Date Event Price Change
Sep 24, 2024 Sold $2,950,000
Mar 11, 2020 New Listing Added $2,400,000

Market Statistics

Days on Market
166 days
Price per Sq Ft
$1,729

Tax History

Year Taxes Assessment
2020 $11,556 $2,365,500

Financial Details

Annual Property Tax
$11,556
Tax Year 2020
HOA Fee
$2,229
Monthly
Assessed Value
$2,365,500

Listing Information

Listing Agent The Petrowsky Jones Group
Listing Office Compass
Agent MLS ID TEAM0207
Office MLS ID AN2606
Listing Data Updated Sep 26, 2020 5:25 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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Market Analytics for Cambridge, MA

Real-time market trends and pricing data for this area

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