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975 Memorial Dr # 507, Cambridge MA 02138

Cambridge, MA 02138 • Harvard Square
$3,400,000
Est. $22,474/month
3
Beds
2
Baths
1,605
Sq Ft
$2,118
Price/Sq Ft
1986
Year Built
13
Days on Market
Closed Listed Apr 24, 2024 • MLS# 73228113 Copied!

About this home

Savor floor-to-ceiling Charles River views in this 3-bedroom corner unit at the Residences at Charles Square. This stunning condo offers bright, open-concept living with a private balcony overlooking lush greenery. Renovated in 2005, the space has a designer kitchen, high ceilings, wide-plank cherry wood floors, and a kitchen that opens to the dining and living areas. The primary bedroom features an en-suite spa-like bathroom and a walk-in closet. The second bedroom enjoys abundant natural light, while the third has a built-in desk with a view. The glamorous second bathroom has a walk-in shower. In-unit laundry and deeded garage parking with elevator access ensure everyday convenience. Building amenities include a 24-hour concierge and beautifully maintained common areas. Located in the heart of Harvard Square, you're steps away from top restaurants, boutiques, theaters, and bookstores—experience premium living in one of Cambridge's most sought-after residences.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1986
Bedrooms
3
Full Bathrooms
2
Living Area
1,605 sq ft
Total Rooms
6
Stories
1
Entry Level
5
Main Level Bedrooms
3

Sale Statistics

Sale Overview
Original List Price: $3,600,000
Final Sale Price: $3,400,000
Difference: $200,000 (-5.6%)
Performance Metrics
94.4%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $2,243
Sale $/sq ft: $2,118
This property sold for $2,118 per square foot
Sale Summary

This property sold for 5.6% below the original asking price.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$2,118/sq ft
Area Average
$420/sq ft
Difference
+404.4%

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 1,605 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Forced Air, Electric Baseboard, Geothermal
Cooling Central Air
Flooring Wood, Carpet
Appliances Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry Laundry Closet, First Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $19,685
Assessed Value $3,325,200

Interior Features

Flooring: Wood, Carpet
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Laundry Closet, First Floor, In Unit, Electric Dryer Hookup
Security: Concierge

Construction & Materials

Year Built: 1986
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Electric Baseboard, Geothermal
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, T-Station, University

Location

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Neighborhood

Harvard Square

975 Memorial Dr # 507, 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

10 schools
St. Peter Elementary School
0.7 mi
Grades PK-08
Shady Hill School
0.8 mi
Grades PK-08
A
Amigos School
1.0 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
Cambridge Montessori School
1.1 mi
Grades PK-06
Cambridge Friends School
1.2 mi
Grades PK-08
C
Prospect Hill Academy Charter School
1.2 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
A
Benjamin Banneker Charter Public School
1.5 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Fayerweather Street School
2.1 mi
Grades PK-08
Lycee International de Boston/International School of Boston, Inc.
2.2 mi
Grades 01-12
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
M

Middle Schools

5 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
C+
Cambridge Street Upper School
1.6 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
1.9 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School 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
B-
Community Charter School of Cambridge
2.0 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
Learn about these ratings

Monthly Payment Calculator

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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,640
Homeowners Insurance $200
HOA Fee $3,442/mo
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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Current Rate
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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

5.6%
Price Range
14
Total Days on Market

Property Timeline

Sold
Jun 11, 2024
$3,400,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Apr 24, 2024
$3,600,000
Original listing
Agent: Juliet Blau Jenkins Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Apr 24, 2024 New Listing Added $3,600,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$2,118

Tax History

Year Taxes Assessment
2024 $19,685 $3,325,200

Financial Details

Annual Property Tax
$19,685
Tax Year 2024
HOA Fee
$3,442
Per month
Assessed Value
$3,325,200

Listing Information

Listing Agent Juliet Blau Jenkins
Listing Office Leading Edge Real Estate
Agent MLS ID CN211689
Office MLS ID AN4638
Listing Data Updated Jun 11, 2024 4:40 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

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