Seller's Agent in 2021
Samantha Berdinka
Engel & Volkers Boston
(617) 893-6404
1 in this area
38 Total Sales
Estimated Value: $1,354,377
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.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Winniweta Llc | $1,065,000 | None Available | |
| Petro Partners Llc | $425,000 | -- | |
| Concord Land Co Llc | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Petro Partners Llc | $340,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
| 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 |
Seller's Agent in 2021
Samantha Berdinka
Engel & Volkers Boston
(617) 893-6404
1 in this area
38 Total Sales
Buyer's Agent in 2021
Lisa Whitney
Coldwell Banker Realty - Concord
(508) 843-8526
13 in this area
27 Total Sales
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72822141
APN: CONC-000010C-000000-002368