NOT LISTED FOR SALE

Estimated Value: $496,405 - $560,000

5 Beds
3 Baths
2,767 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $485,000 $175 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,762/month

22 Days on Market

Highlights

  • Heating System Uses Steam
  • High Speed Internet
  • Wood Siding

About This Home

As of January 2024

This stunning 2-family home in the heart of Concord has been meticulously transformed into a modern masterpiece, offering a harmonious blend of elegance and functionality. The property boasts a spacious four-bedroom unit, and a charming one-bedroom unit, making it an ideal investment opportunity or a perfect residence for a multi-generational family. Perfectly set up to rent the main house by the room to local law students. The four-bedroom unit is a haven of comfort and style, featuring an expansive living area with gleaming hardwood floors, a gourmet kitchen equipped with top-of-the-line stainless steel appliances, and four well-appointed bedrooms. The one-bedroom unit exudes warmth and charm, with a living area, a modern kitchen, a spacious bedroom, and a tastefully designed bathroom. All this with a fenced in yard! This exceptional property is conveniently located within walking distance to Concord's vibrant downtown area, offering easy access to a variety of shops, restaurants, and cultural attractions. *Agents see non public remarks

Last Agent to Sell the Property

Connie Mullen

The Mullen Realty Group, LLC License #066670 Listed on: 11/27/2023

Last Buyer's Agent

Lisa Scacchi

Keller Williams Realty-Metropolitan License #070945

Keller Williams Realty-Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,168

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block /// / Z17

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $16,890
  • Gross Income $70,080
  • Net Operating Income $53,190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,168

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion, Multi-Family
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 175.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5424
  • Sq Ft - Apx Total Finished: 2767
  • Year Built: 1900
  • Remarks Public: This stunning 2-family home in the heart of Concord has been meticulously transformed into a modern masterpiece, offering a harmonious blend of elegance and functionality. The property boasts a spacious four-bedroom unit, and a charming one-bedroom unit, making it an ideal investment opportunity or a perfect residence for a multi-generational family. Perfectly set up to rent the main house by the room to local law students. The four-bedroom unit is a haven of comfort and style, featuring an expansive living area with gleaming hardwood floors, a gourmet kitchen equipped with top-of-the-line stainless steel appliances, and four well-appointed bedrooms. The one-bedroom unit exudes warmth and charm, with a living area, a modern kitchen, a spacious bedroom, and a tastefully designed bathroom. All this with a fenced in yard! This exceptional property is conveniently located within walking distance to Concord's vibrant downtown area, offering easy access to a variety of shops, restaurants, and cultural attractions. *Agents see non public remarks
  • List Agent: 23487
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2767
  • Sq Ft - Apx Unfinished AG: 1096
  • Sq Ft - Apx Unfinished BG: 1561

Exterior Features

  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: On Street

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Steam
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Utilities: Cable, Fiber Optic Internt Avail

Schools

  • School District: Concord School District SAU #8

Lot Info

  • Map: 7443
  • Lot: ///
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Zoning: UT
  • Deed Book: 3702
  • Deed Page: 2867
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 70080
  • Net Income: 53190
  • Total Full Baths: 3
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8168
  • Tax Year: 2022

MLS Schools

  • School District: Concord School District SAU #8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 25, 2024
Sold by
Silfies Adeana M
Bought by
Scacchi John M
Seller's Agent
Connie Mullen
The Mullen Realty Group, LLC
Buyer's Agent
Lisa Scacchi
Keller Williams Realty-Metropolitan
List Price
$559,000
Sold Price
$485,000
Premium/Discount to List
-$74,000
-13.24%
Total Days on Market
22
Views
112
Current Estimated Value
$527,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,101
Avg. Annual Appreciation
6.13%
Original Mortgage
$388,000
Outstanding Balance
$382,632
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,469

Purchase Details

Closed on
Oct 16, 2020
Sold by
Michael S Soper Ret 2017 and Soper
Bought by
Silfies Adeana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2017
Sold by
Silfies Adeana M and Silfies Brian C
Bought by
Soper Michael Scott Re and Silfies

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,002
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2008
Sold by
Soper Michael S
Bought by
Silfies Brian C and Silfies Adeana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Gegas Margaret
Bought by
Soper Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Scacchi John M $485,000 None Available
Silfies Adeana M -- None Available
Soper Michael Scott Re $259,000 --
Silfies Brian C $88,100 --
Soper Michael S $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scacchi John M $388,000
Previous Owner Silfies Adeana M $232,300
Previous Owner Soper Michael Scott Re $224,002
Previous Owner Soper Michael S $25,000
Previous Owner Soper Michael S $183,000
Previous Owner Soper Michael S $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $485,000 -4.9% $175 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/13/2023 12/13/23 Price Changed $509,999 -3.6% $184 / Sq Ft
12/06/2023 12/06/23 Price Changed $529,000 -5.4% $191 / Sq Ft
11/27/2023 11/27/23 For Sale $559,000 -- $202 / Sq Ft
Source: PrimeMLS

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
2024 $9,813 $354,400 $92,800 $261,600
2023 $8,474 $315,500 $92,800 $222,700
2022 $8,168 $315,500 $92,800 $222,700
2021 $7,820 $311,300 $92,800 $218,500
2020 $7,544 $281,900 $77,500 $204,400
2019 $6,962 $250,600 $74,200 $176,400
2018 $6,518 $231,200 $74,200 $157,000
2017 $7,608 $269,400 $65,600 $203,800
2016 $4,956 $179,100 $65,600 $113,500
2015 $4,845 $165,100 $59,600 $105,500
2014 $4,426 $165,100 $59,600 $105,500
2013 -- $155,500 $59,600 $95,900
2012 -- $172,800 $59,600 $113,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4978697

PrimeMLS

APN: CNCD-000024-000001-000013