C
Seller's Agent in 2022
Chris Sower
Cushman & Wakefield
21 Mellen St Cambridge, MA 02138
Baldwin NeighborhoodEstimated Value: $2,174,813 - $2,958,000
99
Beds
36
Baths
5,293
Sq Ft
$495/Sq Ft
Est. Value
About This Home
As of April 2022Presenting 21 Mellen Street a 5,293 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. 21 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 Agent to Sell the Property
Chris Sower
Cushman & Wakefield Listed on: 11/17/2021
Last Buyer's Agent
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
- 3,920 Sq Ft Lot
Home Design
- Triplex
- Brick Exterior Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,293 Sq Ft Home
- 18 Fireplaces
Bedrooms and Bathrooms
- 99 Bedrooms
Community Details
- 3 Units
- Property has 9 Levels
Listing and Financial Details
- Total Actual Rent $9
- Assessor Parcel Number 410525
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2021
Closed on
Apr 22, 2022
Sold by
Lesley University
Bought by
Zhao Meimei and Xiao Quan
Seller's Agent
Chris Sower
Cushman & Wakefield
Buyer's Agent
Chris Sower
Cushman & Wakefield
List Price
$3,650,000
Sold Price
$2,080,000
Premium/Discount to List
-$1,570,000
-43.01%
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
$539,703
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,200,000
Outstanding Balance
$1,118,268
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,501,435
Purchase Details
Closed on
Jan 12, 1977
Bought by
Lesley College
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhao Meimei | $2,080,000 | None Available | |
| Lesley College | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhao Meimei | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2022 04/22/22 | Sold | $2,080,000 | -43.0% | $393 / Sq Ft |
| 03/23/2022 03/23/22 | Pending | -- | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $3,650,000 | -- | $690 / 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 | $14,938 | $2,352,400 | $1,140,300 | $1,212,100 |
| 2024 | $13,197 | $2,229,200 | $1,187,300 | $1,041,900 |
| 2023 | $0 | $2,288,500 | $1,208,900 | $1,079,600 |
| 2022 | $0 | $2,142,900 | $1,180,300 | $962,600 |
| 2021 | $11,309 | $2,133,600 | $1,206,300 | $927,300 |
| 2020 | $11,309 | $2,122,700 | $1,173,200 | $949,500 |
| 2019 | $11,309 | $1,903,900 | $1,011,200 | $892,700 |
| 2018 | $10,773 | $1,712,700 | $912,500 | $800,200 |
| 2017 | -- | $1,599,400 | $838,500 | $760,900 |
| 2016 | -- | $1,427,600 | $725,800 | $701,800 |
| 2015 | -- | $1,242,000 | $634,200 | $607,800 |
| 2014 | -- | $1,146,900 | $591,900 | $555,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72921068
APN: CAMB-000156-000000-000048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 13 Mellen St Unit Front
- 31-33 Mellen St
- 35 Mellen St
- 37 Mellen St
- 1600 Massachusetts Ave Unit 404
- 72 Oxford St Unit 72
- 72 Oxford St
- 74 Oxford St
- 74 Oxford St Unit 3
- 9 Chauncy St Unit 61
- 50 Follen St Unit 505
- 55 Museum St
- 55 Museum St Unit 55
- 15-15A Forest St
- 82 Sacramento St
- 22 Agassiz St
- 43 Linnaean St Unit 42
- 44 Garden St
- 202 Garden St
- 3 Arlington St Unit 52
- 21 Mellen St Unit 3
- 19 Mellen St
- 19 Mellen St
- 19 Mellen St Unit 1
- 17 Mellen St
- 15 Mellen St Unit 1
- 15 Mellen St
- 13 Mellen St
- 27 Mellen St
- 11 Mellen St
- 29 Mellen St
- 20 Mellen St
- 20 Wendell St Unit 2
- 20 Wendell St Unit 1
- 20 Wendell St Unit 19-06
- 20 Wendell St Unit 21-02
- 20 Wendell St Unit 10 Wendell St 6
- 20 Wendell St Unit 11
- 20 Wendell St
- 20 Wendell St