NOT LISTED FOR SALE

122 Commonwealth Ave Boston, MA 02116

Back Bay Neighborhood

Estimated Value: $15,723,822

Studio
4 Baths
10,654 Sq Ft
$1,476/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $10,300,000 $967 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $81,813/month

17 Days on Market

About This Home

As of September 2018

This rare Commonwealth Avenue Building Opportunity is complete with 4 rows of tandem outdoor parking. Located between Clarendon and Dartmouth Streets, 122 Commonwealth Avenue offers five levels from the garden up to the fourth floor with a living area of 7,825 square feet. The extra-wide building is currently leased as office space with much historic detail in tact, including the grand central staircase, elegant fireplaces and moldings, and well-proportioned rooms with high ceilings and dramatic windows. Located on a highly desirable block of Commonwealth, this is an exceedingly unique opportunity for a trophy single-family residence, condo conversion, or continued use as a commercial property. The building is currently zoned as commercial space. The property is being sold as is and where is with all faults.

Last Agent to Sell the Property

Tracy Campion

Campion & Company Fine Homes Real Estate Listed on: 04/23/2018

Co-Listed By

Bill Gehan

Campion & Company Fine Homes Real Estate

Last Buyer's Agent

Bill Gehan

Campion & Company Fine Homes Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1871

Lot Details

  • 3,920

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1871

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 1220.20
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1871
  • Lead Paint: Unknown
  • Levels: 5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1871

Interior Features

  • Basement: Y
  • Main Lo: BB5984
  • Main So: BB5984
  • Estimated Sq Ft: 10654.00

Exterior Features

  • Construction: Brick
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 3217500.00
  • Acre: 0.09
  • Lot Size: 4130.00
  • Zoning: 9999
  • Lot Description: Level

Tax Info

  • Taxes: 81081.00
  • Assessor Parcel Number: 3358950

Multi Family

  • Mf Type: 3 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
122 Comm Ave Unit Ph Nt
Bought by
Robert D Walter Ret
Current Estimated Value
$15,723,822

Purchase Details

Closed on
May 20, 2021
Sold by
122 Commonwealth Ave Llc
Bought by
Zink Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,160,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2021
Sold by
122 Commonwealth Ave Llc
Bought by
122 Comm Ave Unit Ph Nt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,160,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2021
Sold by
122 Commonwealth Ave Llc
Bought by
James L Gilbert T

Purchase Details

Closed on
Oct 29, 2003
Sold by
Pfannenstiehl Craig F and Pfannenstie Frederick G T
Bought by
Pfannenstiehl Frederick G and Pfannenstiehl Craig F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Robert D Walter Ret $14,400,000 None Available
Zink Joseph L $5,200,000 None Available
122 Comm Ave Unit Ph Nt $12,500,000 None Available
James L Gilbert T $5,725,000 None Available
Pfannenstiehl Frederick G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zink Joseph L $4,160,000
Previous Owner 122 Comm Ave Unit Ph Nt $6,500,000
Previous Owner Pfannenstiehl Frederick G $419,000
Previous Owner Pfannenstiehl Frederick G $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $10,300,000 -20.8% $967 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $13,000,000 -- $1,220 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $0 $0 $0 $0
2024 $0 $0 $0 $0
2023 $0 $0 $0 $0
2022 $113,577 $10,439,100 $4,690,800 $5,748,300
2021 $84,121 $3,426,500 $1,306,900 $2,119,600
2020 $89,094 $3,575,200 $1,306,900 $2,268,300
2019 $83,975 $3,359,000 $1,310,400 $2,048,600
2018 $81,081 $3,217,500 $1,248,800 $1,968,700
2017 $0 $3,039,000 $1,190,600 $1,848,400
2016 $70,430 $2,627,000 $1,104,300 $1,522,700
2015 -- $2,256,000 $984,900 $1,271,100
2014 $65,213 $2,091,500 $865,700 $1,225,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72313460

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-001353

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