NOT LISTED FOR SALE

238 Commonwealth Ave Concord, MA 01742

Concord Area
6 Beds
3 Baths
2,513 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: March 25, 2022

Last sale price $1,000,000 $398 Per Sq Ft

3 Days on Market

Highlights

  • Community Stables
  • Medical Services
  • Deck
  • Thoreau Elementary School Rated A
  • Landscaped Professionally
  • 4-minute walk to Rideout Playground

About This Home

As of March 2022

EXCITING OPPORTUNITY FOR INVESTOR or owner occupant! Income producing Victorian Multi Family classified 4 Unit Apartment Building per Town. Situated on .22 Acre corner lot minutes to West Concord Village with Train to Boston, Shopping, Restaurants, Rail Trail, Warner Pond, Park/Playground & Schools. Offers a variety of possible expansion & rental options w/ flexible layout-the 1st Fl features lovely 4 rm Apartment w/Fireplace Liv Rm, Kit, 2 BRs,Bath & has Porch access. Also 1st Fl is Studio Apt w/porch access-both Apts are rented.The 5 Rms on 2nd Fl has one bath,2 Kitchenettes & has been offered as two Apts-1 BedRm & 2 BedRm units or offered as one Lg 5 Rm Apt. 2nd Fl presently not rented-3rd Lev has walk up Attic w/finished Bonus Rm. Units are sunfilled w/high ceilings-lg windows,HW & laminate Fls & neutral decor. Home is well maintained w/new roof,new hot water tank,updated boiler,town water,sewer & natural gas. Brick Patio-Parking for 6 cars in rear. An opportunity not to be missed!

Last Agent to Sell the Property

Carole Perini

Coldwell Banker Realty - Concord Listed on: 02/15/2022

Coldwell Banker Realty - Concord

Last Buyer's Agent

Betsy Dorr

LandVest, Inc., Concord

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,949

Year Built

  • Built in 1890

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped Professionally
  • Corner Lot
  • Garden

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,513 Sq Ft Home
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 6 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Porch

Location

  • Property is near golf course, public transit, and schools

Schools

  • Thoreau Elementary School
  • Concord Middle School
  • Concordcarlisle High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating Available
  • Knob And Tube Electrical Wiring
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,900
  • Rent includes unit 1(heat electric water hot water), unit 2(heat electric water hot water), unit 4(heat electric water hot water)
  • Assessor Parcel Number 453760

Community Details

Overview

  • 4 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,949

Year Built

Built in 1890

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 4(Wood Flooring)
  • Interior Amenities: Unit 1(Pantry,Walk-In Closet,Bathroom With Tub & Shower), Unit 2(Studio), Unit 3(Bathroom With Tub & Shower,Other (See Remarks)), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Other (See Remarks)), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator,Washer,Dryer), Unit 4(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 3 Laundry Room
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Living Area: 2513
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN6181
  • MAIN SO: AN0538

Exterior Features

  • Exterior Features: Professional Landscaping, Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Radiators,Steam,Gas), Unit 2(Hot Water Radiators,Steam,Gas), Unit 3(Hot Water Radiators,Steam,Gas), Unit 4(Hot Water Radiators,Steam,Gas)
  • Cooling Y N: No
  • Electric: 200+ Amp Service, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, Other
  • Rent Includes: Unit 1(Heat,Electric,Water,Hot Water), Unit 2(Heat,Electric,Water,Hot Water), Unit 4(Heat,Electric,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 453760
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • LOT SIZE: 9583

Green Features

  • Green Energy Efficient: Other (See Remarks)

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7949

Multi Family

  • Net Operating Income: 46800
  • Number Of Units Total: 4
  • Total Actual Rent: 3900
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Concordcarlisle
  • Elementary School: Thoreau
  • Middle Or Junior School: Concord

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 25, 2022
Sold by
Bought by
Seller's Agent
Carole Perini
Coldwell Banker Realty - Concord
Buyer's Agent
Betsy Dorr
LandVest, Inc., Concord
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$693,892
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1986
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $1,000,000 +0.5% $398 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $995,000 -- $396 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $125 $945,100 $414,100 $531,000
2024 $12,215 $930,300 $414,100 $516,200
2023 $8,403 $648,400 $376,500 $271,900
2022 $7,950 $538,600 $301,200 $237,400
2021 $7,690 $522,400 $301,200 $221,200
2020 $7,434 $522,400 $301,200 $221,200
2019 $7,294 $514,000 $311,200 $202,800
2018 $4,931 $488,400 $285,600 $202,800
2017 $6,586 $468,100 $265,300 $202,800
2016 $6,420 $461,200 $265,300 $195,900
2015 $6,309 $441,500 $245,600 $195,900
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72942709

MLS Property Information Network (MLS PIN)
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