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975 Memorial Dr # 501, Cambridge MA 02138

Cambridge, MA 02138 • Harvard Square
$2,350,000
Est. $16,226/month
2
Beds
2
Baths
1,374
Sq Ft
$1,710
Price/Sq Ft
1986
Year Built
85
Days on Market
Closed Listed Apr 3, 2024 • MLS# 73219513 Copied!

About this home

The sought-after Residences at Charles Square offers unparalleled luxury living with sweeping river and park views in the heart of Harvard Square. Floor-to-ceiling windows frame the unit's spectacular view, while the 24-hour concierge service ensures seamless living. This unit features an open-concept living/dining area with a balcony, a spacious primary suite, an additional bedroom, a full guest bath, and in-unit laundry. Close proximity to Harvard, MIT, and all that Cambridge has to offer, with easy access to downtown Boston. This remarkable residence is perfectly complemented by its exceptional location, offering a sophisticated lifestyle in one of Cambridge's most desirable neighborhoods.

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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
5

Sale Statistics

Sale Overview
Original List Price: $2,899,000
Final Sale Price: $2,350,000
Difference: $549,000 (-18.9%)
Performance Metrics
81.1%
List to Sale Ratio
Sold below asking price
85
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $2,110
Sale $/sq ft: $1,710
This property sold for $1,710 per square foot
Sale Summary

This property sold for 18.9% below the original asking price.

The property spent 85 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$1,710/sq ft
Area Average
$1,013/sq ft
Difference
+68.8%

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
Cooling Central Air
Flooring Wood, Tile
Appliances None
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Rubber
Features Balcony, City View(s), Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

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

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $15,149
Assessed Value $2,558,900

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security: Doorman

Construction & Materials

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

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Balcony, City View(s), Professional Landscaping
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, Assigned

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, University

Location

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Neighborhood

Harvard Square

975 Memorial Dr # 501, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Nearby Schools

School information not available for this location.

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 $1,262
Homeowners Insurance $200
HOA Fee $2,881/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

99.5%
Price Range
86
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73421935
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 16, 2025
$12,500
MLS #73421935
Sold
Jul 18, 2024
$2,350,000
Property sold
Days on Market: 86
🏠
Listed for Sale
Apr 3, 2024
$2,699,000
Original listing
Agent: The Drucker Group Office: Compass

Price & Status History

Date Event Price Change
Oct 16, 2025 Sold $12,500
Apr 3, 2024 New Listing Added $2,699,000

Market Statistics

Days on Market
85 days
Price per Sq Ft
$1,710

Tax History

Year Taxes Assessment
2024 $15,149 $2,558,900

Financial Details

Annual Property Tax
$15,149
Tax Year 2024
HOA Fee
$2,881
Monthly
Assessed Value
$2,558,900

Listing Information

Listing Agent The Drucker Group
Listing Office Compass
Agent MLS ID TEAM0451
Office MLS ID AN3337
Listing Data Updated Jul 18, 2024 4:48 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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