Seller's Agent in 2023
Erica Covelle
Compass
(617) 962-1591
3 in this area
177 Total Sales
12 Mead St Cambridge, MA 02140
North Cambridge NeighborhoodEstimated Value: $2,698,712
4
Beds
3.5
Baths
2,626
Sq Ft
$1,028/Sq Ft
Est. Value
Highlights
- Medical Services
- 1 Fireplace
- 1 Car Attached Garage
- Property is near public transit
- Jogging Path
- 3-minute walk to McMath Park
About This Home
As of June 2023The expansive home has 4 bedrooms and 3.5 bathrooms spread across four levels of living space. Open-concept living on the main level provides plenty of space for families, entertainers, and everyone in between. The chef's kitchen dazzles with custom cabinetry, designer fixtures, premium appliances, and an oversized island—the suburban dream kitchen in the city. The lavish primary bedroom on the second floor has an en-suite bathroom and a walk-in closet. This level has a secondary bedroom, a full bathroom, and a private walkout deck. The laundry and third bedroom are on the third floor. The finished lower level includes a fourth bedroom, a family room, a 3/4 bathroom, and an additional laundry area. One of the most sought-after residences to hit the market this season, the aforementioned NEW townhouse is tucked away in a lovely tree-lined street, only a short distance from Porter Square—a walker's paradise.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $10,319
Year Built
- Built in 1886
Lot Details
- 8,538
HOA Fees
- $250 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Off-Street Parking
Home Design
- Entry on the 1st floor
- Frame Construction
Interior Spaces
- 2,626 Sq Ft Home
- 4-Story Property
- 1 Fireplace
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 4 Cooling Zones
- 4 Heating Zones
Listing and Financial Details
- Assessor Parcel Number M:00199 L:00048,414315
Community Details
Overview
- Association fees include water, sewer, insurance, ground maintenance, snow removal, reserve funds
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2023
Closed on
Jun 12, 2023
Sold by
Hawthorne Dev Vent Deux L
Bought by
Cipolla Richard and French Maureen
Seller's Agent
Erica Covelle
Compass
Buyer's Agent
Alex Genovese
Flow Realty, Inc.
List Price
$2,500,000
Sold Price
$2,500,000
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,712
Avg. Annual Appreciation
3.37%
Original Mortgage
$1,999,999
Outstanding Balance
$1,946,908
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$751,804
Purchase Details
Closed on
Jul 30, 2021
Sold by
Hawkins Corinne M Est and Smith
Bought by
Hawthone Dev Vent Deux
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,731,250
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 2021
Sold by
14 Mead Street Llc
Bought by
Abrams Jonah and Miao Changchang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 8, 1966
Bought by
Hawkins Corinne M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cipolla Richard | $2,500,000 | None Available | |
| Cipolla Richard | $2,500,000 | None Available | |
| Hawthone Dev Vent Deux | $1,775,000 | None Available | |
| Hawthone Dev Vent Deux | $1,775,000 | None Available | |
| Abrams Jonah | $1,120,000 | None Available | |
| Abrams Jonah | $1,120,000 | None Available | |
| Hawkins Corinne M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cipolla Richard | $1,999,999 | |
| Closed | Cipolla Richard | $1,999,999 | |
| Previous Owner | Hawthone Dev Vent Deux | $2,731,250 | |
| Previous Owner | Abrams Jonah | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $2,500,000 | 0.0% | $952 / Sq Ft |
| 04/08/2023 04/08/23 | Pending | -- | -- | -- |
| 04/07/2023 04/07/23 | For Sale | $2,500,000 | -- | $952 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,898 | $0 | $0 | $0 |
| 2024 | $14,898 | $2,516,600 | $1,149,600 | $1,367,000 |
| 2023 | $10,319 | $1,760,900 | $1,175,700 | $585,200 |
| 2022 | $9,505 | $1,605,500 | $1,076,500 | $529,000 |
| 2021 | $9,142 | $1,562,800 | $1,053,500 | $509,300 |
| 2020 | $8,868 | $1,542,200 | $1,043,100 | $499,100 |
| 2019 | $8,168 | $1,375,100 | $905,000 | $470,100 |
| 2018 | $8,143 | $1,259,800 | $838,300 | $421,500 |
| 2017 | $7,928 | $1,221,600 | $800,300 | $421,300 |
| 2016 | $7,567 | $1,082,600 | $690,600 | $392,000 |
| 2015 | $6,967 | $890,900 | $543,000 | $347,900 |
| 2014 | $6,401 | $763,900 | $452,500 | $311,400 |
Source: Public Records
Agents Affiliated with this Home
-
Erica Covelle
-
Alex Genovese
Buyer's Agent in 2023
Alex Genovese
Flow Realty, Inc.
(781) 720-8236
3 in this area
99 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73096093
APN: CAMB-000199-000000-000048
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