NOT LISTED FOR SALE

987 Memorial Dr Unit 172 Cambridge, MA 02138

West Cambridge Neighborhood

Estimated Value: $2,669,000 - $3,019,000

3 Beds
2 Baths
2,050 Sq Ft
$1,294/mo HOA Fee

Last Sold October 08, 2021

Last sale price $2,400,000 $1,171 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $18,120/month

8 Days on Market

Highlights

  • Wood Flooring
  • Chair Railings
  • Bathtub with Shower
  • Solid Surface Countertops
  • Walk-In Closet
  • 4-minute walk to Riverbend Park

About This Home

As of October 2021

A Classic New York Six in Harvard Square! What is that and why is it special, you ask? “Classic” nods to the prewar era when the building was built, and “six” refers to the total number of rooms, including a living room, a formal dining room, a kitchen, and three bedrooms. The architectural touches that were especially popular during that time: hardwood floors, spacious rooms, high ceilings, eye-catching moldings, and wood-burning fireplaces provide an elegance that suits a gracious lifestyle in Cambridge. Overlooking the Charles River and offering easy access to Harvard Square, Harvard University and MIT, 987 Memorial Drive, Unit 172 is exceptionally private: the only unit on its floor that is serviced by the elevator. The current owners have thoughtfully renovated the kitchen, added laundry, refinished the floors and painted throughout. The unit comes with rented parking for one year at a nearby parking garage. Comfort, convenience and quality in one handsome package!

Last Agent to Sell the Property

Lisa May

Gibson Sotheby's International Realty Listed on: 09/15/2021

Gibson Sotheby's International Realty

Last Buyer's Agent

Lauren Holleran Team

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,762

Year Built

  • 1900

HOA Fees

  • $1,294 per month

Home Design

  • Updated or Remodeled

Interior Spaces

  • Chair Railings
  • Recessed Lighting
  • Light Fixtures
  • French Doors
  • Dining Area
  • Solid Surface Countertops
  • Washer Hookup

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Community Details

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,762

Year Built

1900

Lot Details

0

HOA Fees

$1,294 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: Near corner of Ash St. On weekends, Mem Dr. is closed to cars so park on Mt. Auburn & walk to Mem Dr
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Mid-Rise
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Stainless Steel Appliance(s), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Fireplace Features: Living Room
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wood
  • Room Bedroom2 Area: 187
  • Room Bedroom3 Features: Walk-In Closet(s), Flooring - Wood
  • Room Bedroom3 Area: 216
  • Room Bedroom3 Level: First
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s)
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 238
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Wood, Chair Rail, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Dining Room Area: 204
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Washer Hookup
  • Room Kitchen Area: 221
  • Room Living Room Level: First
  • Room Living Room Area: 352
  • Room Living Room Features: Flooring - Wood, French Doors
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 1219.02
  • PRICE PER Sq Ft: 1170.73
  • MAIN SO: BB5918
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Flooring - Wood
  • Interior Amenities: Pantry, Countertops - Stone/Granite/Solid, Closet, Foyer
  • Stories: 1
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Rubber
  • Exterior Features: Professional Landscaping
  • Property Condition: Updated/Remodeled
  • Common Walls: 2+ Common Walls
  • Disclosures: Taxes Include Residential Exemption Of $2, 607.03. Seller Will Provide Rental Parking For One Year At Nearby Parking Garage.
  • Waterfront Features: Waterfront, River, Walk to
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Rented, On Street
  • Open Parking: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: First Floor, In Unit
  • Security: Intercom
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 172
  • MANAGEMENT: Professional - On Site
  • Amenities: Hot Water, Elevator(s)
  • Association Fee: 1294
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, T-Station, University
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • PAGE: 382
  • Farm Land Area Units: Square Feet
  • Zoning: C2

Multi Family

  • NO UNITS OWNER OCC: 61
  • Number Of Units Total: 83

Tax Info

  • Tax Annual Amount: 9265.54
  • Tax Book Number: 42904
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 7, 2021
Sold by
Doris P Scheff T 2004
Bought by
Memorial 2021 Rt
Seller's Agent
Lisa May
Gibson Sotheby's International Realty
Buyer's Agent
Lauren Holleran Team
Gibson Sotheby's International Realty
List Price
$2,499,000
Sold Price
$2,400,000
Premium/Discount to List
-$99,000
-3.96%
Current Estimated Value
$2,831,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,606
Avg. Annual Appreciation
4.11%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Memorial 2021 Rt $2,400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Memorial 2021 Rt $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $2,400,000 -4.0% $1,171 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $2,499,000 -- $1,219 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,762 $2,639,700 $0 $2,639,700
2024 $14,123 $2,385,700 $0 $2,385,700
2023 $13,525 $2,308,100 $0 $2,308,100
2022 $11,517 $1,945,400 $0 $1,945,400
2021 $11,544 $1,973,300 $0 $1,973,300
2020 $10,849 $1,886,800 $0 $1,886,800
2019 $10,395 $1,750,000 $0 $1,750,000
2018 $10,483 $1,621,000 $0 $1,621,000
2017 $9,844 $1,516,800 $0 $1,516,800
2016 $10,769 $1,540,600 $0 $1,540,600
2015 $10,666 $1,364,000 $0 $1,364,000
2014 $10,501 $1,253,100 $0 $1,253,100
Source: Public Records

Agents Affiliated with this Home

  • Lisa May

    Seller's Agent in 2021

    Lisa May

    Gibson Sothebys International Realty

    (617) 429-3188

    28 in this area

    128 Total Sales

    Lisa May
    Section Image

  • L

    Buyer's Agent in 2021

    Lauren Holleran Team

    Gibson Sothebys International Realty

    (617) 913-2203

    27 in this area

    322 Total Sales

    Lauren Holleran Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72895498

MLS Property Information Network (MLS PIN)

APN: CAMB-000166-000000-000072-000172

Massachusetts Middlesex County Cambridge 02138 West Cambridge

987 Memorial Dr Unit 172, Cambridge, MA

This home is located at 987 Memorial Dr Unit 172, Cambridge, MA 02138 since 15 September 2021 and is currently estimated at $2,831,606, approximately $1,381 per square foot. This property was built in 1900. 987 Memorial Dr Unit 172 is a home located in Middlesex County with nearby schools including St Peter School, Buckingham Browne & Nichols School, and Saint Paul's Choir School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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