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5 Gerry Street # 5, Cambridge MA 02138

Cambridge, MA 02138 • Harvard Square
$1,938,000
Est. $11,236/month
3
Beds
3
Baths
2,420
Sq Ft
$801
Price/Sq Ft
1989
Year Built
75
Days on Market
Closed Listed Feb 29, 2024 • MLS# 73206810 Copied!

About this home

Hidden in plain sight! This spacious 3+ bed, 2f/2h bath townhouse is nestled on a sleepy side street in the heart of Harvard Square, just a stone’s throw from the Charles River and the Kennedy School. The light-filled main level offers an open layout with seamless flow between kitchen, dining and living rooms, while the second level includes two bedrooms, one with a walk-in closet and the other with a private deck, as well as one full bath. The third level features an open-layout bedroom with sitting and office areas, vaulted ceilings, skylights, a full bath, and a private deck. The expansive lower level offers tremendous flexibility as a maker space, game room, teen lair, or all three! With two parking spaces, leave your cars and explore the plethora of gastronomical and intellectual delights nearby, such as A.R.T., Cambridge Center for Adult Education, Brattle Theater, and many fantastic restaurants. Easily access everything else via the nearby Red Line!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1989
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,420 sq ft
Total Rooms
8
Stories
4
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $2,250,000
Final Sale Price: $1,938,000
Difference: $312,000 (-13.9%)
Performance Metrics
86.1%
List to Sale Ratio
Sold below asking price
75
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $930
Sale $/sq ft: $801
This property sold for $801 per square foot
Sale Summary

This property sold for 13.9% below the original asking price.

The property spent 75 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$801/sq ft
Area Average
$264/sq ft
Difference
+202.9%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1989
Living Area 2,420 sq ft
Bedrooms 3
Full Baths 2
Half Baths 2
Total Rooms 8

Interior

Heating Electric, Individual, Unit Control, Air Source Heat Pumps (ashp), Ductless
Cooling Heat Pump, Individual, Unit Control, Ductless
Flooring Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry Flooring - Hardwood, Washer Hookup, Lighting - Overhead, In Basement, In Unit, Gas Dryer Hookup
Features Bathroom - Half, Closet, Open Floorplan, Recessed Lighting, Lighting - Overhead, Entrance Foyer, Bathroom, Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Covered Patio/deck, Screens, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Covered

Parking

Features Off Street, Paved, Exclusive Parking
Total Spaces 2

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $9,088
Assessed Value $1,986,300

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bathroom - Half, Closet, Open Floorplan, Recessed Lighting, Lighting - Overhead, Entrance Foyer, Bathroom, Internet Available - Broadband
Windows: Storm Window(s), Screens
Basement: Y
Laundry: Flooring - Hardwood, Washer Hookup, Lighting - Overhead, In Basement, In Unit, Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 1989
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Electric, Individual, Unit Control, Air Source Heat Pumps (ASHP), Ductless
Heating Zones: 5
Cooling: Heat Pump, Individual, Unit Control, Ductless
Cooling Zones: 5
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Covered Patio/Deck, Screens, Rain Gutters
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Paved, Exclusive Parking

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University

Location

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Neighborhood

Harvard Square

5 Gerry Street # 5, 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
St. Peter Elementary School
0.6 mi
Grades PK-08
A-
Graham and Parks School
0.6 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
A+
Maria L. Baldwin School
0.7 mi | #55 of 824 | Score: 62.0
Dropped 52 spots from last year
+3.8 above state avg
360 students Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
Allium Montessori School
0.4 mi
Grades 01-06
A-
Putnam Avenue Upper School
0.7 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
1.3 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

2 schools
Farr Academy School
1.3 mi
Grades 07-12
NuVu Innovation School
1.4 mi
Grades 08-12
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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 $757
Homeowners Insurance $200
HOA Fee $479/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

3%
Price Range
77
Total Days on Market

Property Timeline

Sold
May 30, 2024
$1,938,000
Property sold
Days on Market: 77
🏠
Listed for Sale
Feb 29, 2024
$1,998,000
Original listing
Agent: Lauren Holleran Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Feb 29, 2024 New Listing Added $1,998,000

Market Statistics

Days on Market
75 days
Price per Sq Ft
$801

Tax History

Year Taxes Assessment
2024 $9,088 $1,986,300

Financial Details

Annual Property Tax
$9,088
Tax Year 2024
HOA Fee
$479
Monthly
Assessed Value
$1,986,300

Listing Information

Listing Agent Lauren Holleran Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM331830
Office MLS ID AN2064
Listing Data Updated May 31, 2024 9:57 AM 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

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