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975 Memorial Drive # 401, Cambridge MA 02138

Cambridge, MA 02138
$2,950,000
2
Beds
2
Baths
1,374
Sq Ft
$2,147
Price/Sq Ft
1986
Year Built
1
Garage Space
-1
Days on Market
Closed Listed Sep 23, 2024 • MLS# 73293592 Copied! • Updated Sep 24, 2024

Sale Statistics

Sale Overview
Original List Price: $3,100,000
Final Sale Price: $2,950,000
Difference: $150,000 (-4.8%)
Performance Metrics
95.2%
List to Sale Ratio
Sold below asking price
-1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $2,256
Sale $/sq ft: $2,147
This property sold for $2,147 per square foot
Sale Summary

This property sold for 4.8% below the original asking price.

With only -1 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$2,147/sq ft
Area Average
$151/sq ft
Difference
+1,323.9%

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

About this home

Peaceful, panoramic, treetop views overlooking JFK Park & Charles River. End/corner unit offers both front to back floor plan & windows on 3 sides. Open, liv/dining rm has flr to ceiling, south facing windows, w/two glass alcoves, private balcony & wall of mahogany bookcases. Quartersawn oak flrs. Eat-in kitchen w/new SS appliances. Main bdrm has private bath & walk in closet. In unit W/D & copious closet space inc. priv. storage on different floor. Enjoy direct access to your unit from garage/lobby via semiprivate elevator. Sought after building for its security, convenience & prestige & 24 hr concierge. Sense of community resulting from hi owner occ. & many long-term residents, fostered via common reception & courtyard that hosts social events. The Residences offers a rare opportunity to enjoy a private retreat while living in the heart of Harvard Sq. Fine restaurants & shopping just outside your door. Kennedy School next door, easy walk/bike/drive/T ride to MIT, MGH, downtown.

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Recently Sold Nearby

Property History

Market Insights

23.4%
Price Range
1
Previous Sales

Property Timeline

Sold
Sep 24, 2024
$2,950,000
Property sold
🏠
Listed for Sale
Sep 23, 2024
$3,100,000
Original listing
Agent: Lisa Johnson Office: RE/MAX Destiny
Previous Transaction - MLS #72631607
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 25, 2020
$2,375,000
MLS #72631607

Tax History

Year Taxes Assessment
2024 $14,881 $2,443,300

Financial Details

Annual Property Tax
$14,881
Tax Year 2024
HOA Fee
$2,841
Per month
Assessed Value
$2,443,300

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 5

Interior

Heating Heat Pump
Cooling Central Air
Flooring None
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Fourth Floor, In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Off Street
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $14,881
Assessed Value $2,443,300

HOA & Community

HOA Fee $2,841
Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Elevator(s), Storage, Garden Area
Optional Fee Includes None
Seller Disclosures Washer Dryer Left As Gifts. Taxes Do Not Include Residential Exemption.
Exclusions Dining Room Light Fixture Excluded.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 401
Sq Ft Source Master Deed
Documents Master Deed, Unit Deed, Floor Plans (3)
County Middlesex

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
5
Stories
1
Entry Level
4

Room Details

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

Fourth Floor Floor

Bathroom1
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Dining Room
Flooring - Wood, Window(s) - Picture, Balcony / Deck, Open Floorplan
Kitchen
Flooring - Stone/Ceramic Tile, Pantry, Stainless Steel Appliances
Bathroom2
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Bedroom2
Closet, Flooring - Wood, Window(s) - Picture
Living Room
Flooring - Wood, Window(s) - Picture, Balcony / Deck, Open Floorplan
Master Bedroom
Bathroom - Full, Walk-In Closet(s), Flooring - Wood, Window(s) - Picture

Interior Features

Flooring:
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Fourth Floor, In Unit
Security: Intercom, Concierge

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, City View(s)
Patio & Porch:
Fencing:
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, Off Street

Special Features

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

975 Memorial Drive # 401, Cambridge MA 02138

Cambridge, MA 02138

Listing Information

Listing Agent Lisa Johnson
Agent MLS ID BB301024
Office MLS ID BB9927
Listing Data Updated Sep 24, 2024 3:17 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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