NOT LISTED FOR SALE

1694 Main St Concord, MA 01742

Estimated Value: $1,377,979

5 Beds
5 Baths
3,200 Sq Ft
$431/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,065,000 $333 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,508/month

13 Days on Market

Highlights

  • Wood Flooring
  • Thoreau Elementary School Rated A
  • Tankless Water Heater

About This Home

As of July 2021

The Colonel Roger Brown House is a unique cash flow positive property in Concord. Formerly a Bed & Breakfast, the property is now 5 residential units plus a separate (zoned for commercial) structure rented as an office. Can be kept for investment or converted back to it's original iteration as a single family. This building features historic details such as original exposed bricks and beams. All units have refinished hardwood floors and efficiency kitchens with countertop ovens provided by landlord. See attachment for list of improvements. An excellent investment opportunity, this building is currently fully leased with strong rental history. The main house contains 2 studio units, 2 one bedroom units, and 1 two-bed. This offering also includes two deeded parking spaces in the Damon Mills parking lot. 5 leases currently run through 8/21 with one on 12/21.

Last Agent to Sell the Property

Samantha Berdinka

Engel & Volkers Boston Listed on: 04/28/2021

Engel & Volkers Boston

Last Buyer's Agent

Lisa Whitney

Coldwell Banker Realty - Concord

Coldwell Banker Realty - Concord

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $0

Year Built

  • Built in 1775

Lot Details

  • 0.34

Additional Features

  • Wood Flooring
  • Tankless Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:10C B:2368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$0

Year Built

Built in 1775

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 359.06
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1775
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1775

Interior Features

  • Flooring: Wood
  • Total Flrs: 9
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 5
  • Total Fbh: 5
  • No Rooms: 10
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Concrete Floor
  • Main Lo: AN2383
  • Main So: AN0538
  • Estimated Sq Ft: 3200.00

Exterior Features

  • Construction: Frame, Post & Beam
  • Roof Material: Slate
  • Exterior: Wood
  • Foundation: Poured Concrete, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Tankless

Lot Info

  • Assessments: 818600.00
  • Acre: 0.34
  • Lot Size: 14859.00
  • Page: 211
  • Parcel Number: M:10C B:2368
  • Zoning: C
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Total Levels: 5
  • Total Rent: 7675
  • Total Rms: 12
  • No Units: 6
  • Mf Type: 5+ Family - 5+ Units Up/Down

Tax Info

  • Taxes: 12050.00
  • Assessor Parcel Number: 455307
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jul 22, 2021
Sold by
Petro Partners Llc
Bought by
Winniweta Llc
Seller's Agent
Samantha Berdinka
Engel & Volkers Boston
Buyer's Agent
Lisa Whitney
Coldwell Banker Realty - Concord
List Price
$1,149,000
Sold Price
$1,065,000
Premium/Discount to List
-$84,000
-7.31%
Current Estimated Value
$1,377,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,979
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Mar 19, 2015
Sold by
Concord Land Company L
Bought by
Petro Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2007
Sold by
Millwright Corp
Bought by
Concord Land Co Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Winniweta Llc $1,065,000 None Available
Petro Partners Llc $425,000 --
Concord Land Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petro Partners Llc $340,000
Previous Owner Mill Sq Partnership $25,000
Previous Owner Mill Sq Partnership $984,000
Previous Owner Mill Sq Partnership $100,000
Previous Owner Mill Sq Partnership $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $1,065,000 -7.3% $333 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,149,000 -- $359 / 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 $0 $1,093,000 $453,400 $639,600
2024 $12,812 $1,076,900 $453,400 $623,500
2023 $12,812 $988,600 $412,200 $576,400
2022 $12,657 $857,500 $329,700 $527,800
2021 $12,050 $818,600 $329,700 $488,900
2020 $11,649 $818,600 $329,700 $488,900
2019 $11,568 $815,200 $340,600 $474,600
2018 $11,441 $800,600 $312,700 $487,900
2017 $10,951 $778,300 $290,400 $487,900
2016 $10,799 $775,800 $290,400 $485,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72822141

MLS Property Information Network (MLS PIN)

APN: CONC-000010C-000000-002368