NOT LISTED FOR SALE

Estimated Value: $2,165,933

9 Beds
18 Baths
5,450 Sq Ft
$397/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $2,150,000 $394 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,483/month

53 Days on Market

Highlights

  • 0.18 Acre Lot
  • 18 Fireplaces
  • 4-minute walk to Edward Alden Park

About This Home

As of May 2024

*Offers on this property are due 5/16* Presenting 27 Mellen Street, a 5,450 SF, 3-story building located in the Harvard Square area of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, this property presents immense value-add potential through the potential redevelopment to multifamily residential and condominium conversions, among other options and strategies. 27 Mellen Street is situated in one of the most esteemed locations in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. The property is located within a 10-minute walk of a MBTA Redline station, as well as Harvard and Lesley University.

Last Agent to Sell the Property

Chris Sower

Cushman & Wakefield Listed on: 04/27/2023

Last Buyer's Agent

Chris Sower

Cushman & Wakefield Listed on: 04/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 1900

Lot Details

  • 7,801 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 5,450 Sq Ft Home
  • 18 Fireplaces

Bedrooms and Bathrooms

  • 9 Bedrooms

Community Details

  • 9 Units
  • Property has 9 Levels

Listing and Financial Details

  • Total Actual Rent $19,998
  • Assessor Parcel Number 410523

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,999

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 18

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 18
  • Total Bedrooms: 9
  • Full Bathrooms: 9
  • Half Bathrooms: 9
  • Total Bathrooms: 18
  • Total Bathrooms: 13.5
  • Living Area: 5450
  • Spa YN: No
  • Stories Total: 18
  • MAIN LO: AN6656
  • LIST PRICE PER Sq Ft: 522.94
  • PRICE PER Sq Ft: 394.5
  • MAIN SO: AN6656

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 410523
  • Zoning: 9999
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7801
  • Lot Size Units: Acres
  • PAGE: 99
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 9999
  • Tax Annual Amount: 9999
  • Tax Book Number: 99

Multi Family

  • Number Of Units Total: 9
  • Total Actual Rent: 19998
  • LEVELS 1: 9
  • Basement Included Sq Ft: No
  • 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
Jun 1, 1962
Bought by
Lesley College
Current Estimated Value
$2,165,933
Source: Public Records

Range of Values:

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Average Value
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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
Lesley College -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $2,150,000 -24.6% $394 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $2,850,000 -- $523 / 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 -- $1,682,700 $757,500 $925,200
2024 -- $2,060,000 $799,000 $1,261,000
2023 $0 $1,936,400 $799,000 $1,137,400
2022 $0 $1,824,600 $736,700 $1,087,900
2021 $0 $1,518,700 $618,700 $900,000
2020 $0 $1,468,800 $588,300 $880,500
2019 $0 $1,130,700 $497,000 $633,700
2018 $0 $1,061,900 $446,300 $615,600
2017 $0 $975,000 $395,600 $579,400
2016 -- $852,200 $309,000 $543,200
2015 -- $751,700 $280,900 $470,800
2014 -- $715,000 $271,500 $443,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73103992

MLS Property Information Network (MLS PIN)

APN: CAMB-000156-000000-000046