NOT LISTED FOR SALE

Estimated Value: $1,864,708 - $2,901,000

99 Beds
198 Baths
2,721 Sq Ft
$825/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $1,200,000 $441 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $13,258/month

165 Days on Market

About This Home

As of May 2022

Presenting 19 Mellen Street a 2,721 SF, 3 story building located between Harvard Square and Porter Square in the heart of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the property presents immense value-add potential through the potential redevelopment to multifamily residential and condominium conversions among other options and strategies. 19 Mellen Street is situated in one of the most highly desirable metro areas in the world with unmatched access to many of the nations top colleges and universities, technology and bio-tech employers and many of the region's best shopping and dining amenities. The building is located within a 10-minute walk of a MBTA Red Line station as well as Harvard and Lesley University. Interested parties are invited to submit bids for the Cambridge Connection as a single portfolio, sub-portfolios or individual properties.

Last Listed By

Chris Sower

Cushman & Wakefield Listed on: 11/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 1858

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,721 Sq Ft Home
  • 18 Fireplaces

Bedrooms and Bathrooms

  • 99 Bedrooms

Community Details

  • 2 Units
  • Property has 9 Levels

Listing and Financial Details

  • Total Actual Rent $9
  • Assessor Parcel Number 410526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$999

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1858
  • Buyer Agency: 2.0%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 18

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 18
  • Total Bedrooms: 99
  • Full Bathrooms: 99
  • Half Bathrooms: 99
  • Total Bathrooms: 198
  • Total Bathrooms: 148.5
  • Living Area: 2721
  • Stories Total: 18
  • MAIN LO: AN6656
  • LIST PRICE PER Sq Ft: 698.27
  • PRICE PER Sq Ft: 441.01
  • MAIN SO: AN6656

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 410526
  • Zoning: 999
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 2845
  • PAGE: 99

Tax Info

  • Tax Year: 999
  • Tax Annual Amount: 999
  • Tax Book Number: 99

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 9
  • LEVELS 1: 9
  • LEVELS 2: 9
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 9
  • FLRS 2: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2005
Sold by
Friedman Ellen G
Bought by
Lesley Univ
Total Days on Market
165
Current Estimated Value
$2,245,677

Purchase Details

Closed on
May 11, 2005
Sold by
Mellen Street T and Friedman Ellen G
Bought by
Friedman Ellen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$777,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Lesley Univ $1,188,000 --
Friedman Ellen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellen Street Realty Llc $4,125,000
Closed Mellen Street Realty Llc $3,850,000
Previous Owner Friedman Ellen G $777,000
Previous Owner Friedman Ellen G $225,000
Previous Owner Friedman Ellen G $100,000
Previous Owner Friedman Ellen G $110,000
Previous Owner Friedman Ellen G $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $1,200,000 -36.8% $441 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
11/17/2021 11/17/21 For Sale $1,900,000 -- $698 / 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 $9,698 $1,527,300 $1,010,700 $516,600
2024 $9,332 $1,576,300 $1,069,800 $506,500
2023 $9,001 $1,536,000 $1,089,300 $446,700
2022 $8,736 $1,475,600 $1,076,900 $398,700
2021 $8,681 $1,483,900 $1,100,600 $383,300
2020 $8,394 $1,459,900 $1,070,400 $389,500
2019 $7,660 $1,289,500 $922,600 $366,900
2018 $7,307 $1,161,700 $832,600 $329,100
2017 $7,103 $1,094,400 $765,100 $329,300
2016 $6,772 $968,800 $662,200 $306,600
2015 $6,656 $851,100 $578,600 $272,500
2014 $6,572 $784,300 $540,100 $244,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72921067

MLS Property Information Network (MLS PIN)

APN: CAMB-000156-000000-000049