254 Massachusetts Ave
Property Information
Property Class
HIGH-TECH
State Class Code
406
Zoning (Unofficial)
SD-7
Map/Lot
68-47
Land Area (sq. ft)
143,680
Property Value
Year of Assessment 2026
Tax District C3
Residential Exemption No
Building Value $344,532,500
Land Value $97,415,000
Assessed Value $441,947,500
Sale Price $235,429,000
Book/Page 1384/50
Sale Date May 19, 2010
Previous Assessed Value $498,949,500
Owner Information
Owner(s) NOVARTIS INSTITUTES FOR BIOMEDICAL RESEARCH, INC. PO BOX 56607 ATLANTA, GA 30343
Building Information
Commercial Building Number 1, Section 1
Exterior
Style LIFE SCI HI TECH
Occupancy
HIGH-TECH
Number of Stories 7
Exterior Wall Type
BRICK
Roof Material
RUBBER-MEMBRAN
Wall Height
14
Partititions
GOOD
Interior
Living Area (sq. ft.) 494,876
Number of Units
1
Systems
Heat Type HOT/CHLD-WTR
Heat Fuel
Gas
Plumbing
GOOD
Condition & Grade
Year Built 1926
Overall Condition Good
Overall Grade Excellent
Subareas
Code
Description
Gross Area
Living Area
BAS
First Floor
66,896
66,896
F_4
Upper Finish 4 Stry
1,722
6,888
F_5
Upper Finish 5 Stry
28,686
143,430
F_6
Upper Finish 6 Stry
35,568
213,408
FBM
Basement, Finished
64,254
64,254
FOP
Porch, Open
1,722
0
Total:
198,848
494,876
Extra Features / Outbuildings
Description ELEV-FREIGHT
Number of Units 4.00
Unit Type U
Description ELEV-PSNGR
Number of Units 1.00
Unit Type U
Commercial Building Number 2, Section 1
Exterior
Style R & D
Occupancy
RES-&-DEV-FC
Number of Stories 2
Exterior Wall Type
BRICK
Roof Material
TAR-GRAVEL
Wall Height
16
Partititions
GOOD
Interior
Living Area (sq. ft.) 17,903
Number of Units
2
Systems
Heat Type HOT/CHLD-WTR
Heat Fuel
Gas
Plumbing
GOOD
Condition & Grade
Year Built 1920
Overall Condition Excellent
Overall Grade Good-v-good
Subareas
Code
Description
Gross Area
Living Area
BAS
First Floor
7,738
7,738
FUS
Upper Story, Finished
10,165
10,165
Total:
17,903
17,903
Commercial Building Number 3, Section 1
Exterior
Style PARKG-STRUCT
Occupancy
PARKING-GAR
Number of Stories 5
Exterior Wall Type
BRICK
Roof Material
OTHER
Wall Height
12
Partititions
AVERAGE
Interior
Living Area (sq. ft.)
Number of Units
383
Systems
Heat Type NONE
Heat Fuel
Plumbing
NONE
Condition & Grade
Year Built 2003
Overall Condition Excellent
Overall Grade Good
Subareas
Code
Description
Gross Area
Living Area
PS5
Parking Struct 5 Flrs
17,760
0
Total:
17,760
0
Photos
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Sketches
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This page contains much of the information used by the City of Cambridge to assess properties. The purpose of this information is to be used only for ad valorem taxation purposes and any other use is therefore not valid.