NOT LISTED FOR SALE

265 Concord St Framingham, MA 01702

Estimated Value: $983,704 - $1,000,000

7 Beds
4 Baths
3,076 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $630,000 $205 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,066/month

10 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Porch

About This Home

As of December 2018

Great location for this large 3-family property with great rent roll! 1st floor is set up as a nice three bedroom with 6 rooms and two full baths and has wood flooring throughout. It also has a large eat-in kitchen with dishwasher, brand new stove, brand new microwave and has direct access to basement for storage and washer and dryer hookups. Two 2-level, two-bedroom apartments above. New gas boiler installed in 2015. Detached garage. Tenants pay their own electric. Gas heat and hot water included in rent for all units. Letters of lead paint compliance for all three apartments. Very close to commuter rail station and easy access to Rt. 9 and MassPike. Information provided deemed to be accurate. Buyer & Buyer's Broker to use due diligence and measure & verify. Being sold as is. Inspections for informational purposes only. Interior pictures are of Unit #1. Showings start at Group Open Houses 11/7 from 2:30 PM to 4:30 PM and 11/8 from 2:00 to 4:00 PM. Offers due on 11/9 by 3:00 PM.

Last Agent to Sell the Property

Joseph Ferrazzi

TRG Realty Services Listed on: 11/03/2018

Last Buyer's Agent

Charlie King

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Fenced Yard

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:128 B:97 L:3918 U:000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 2500
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 185.27
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Main Lo: NB2208
  • Main So: AN3628
  • Estimated Sq Ft: 3076.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Gutters, Fenced Yard
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, 220 Volts, Circuit Breakers, 100 Amps, Individually Metered, Knob & Tube Wiring
  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling Units: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 375800.00
  • Acre: 0.14
  • Lot Size: 6181.00
  • Page: 562
  • Parcel Number: M:128 B:97 L:3918 U:000
  • Zoning: G
  • Lot Description: Corner, Paved Drive, Easements, Level

Green Features

  • Energy Features: Prog. Thermostat

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rent: 5150
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6133.00
  • Assessor Parcel Number: 490692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Lupo Ventures Llc
Bought by
Lupo Alon and Lupo Emily
Current Estimated Value
$992,176

Purchase Details

Closed on
Nov 20, 2020
Sold by
Lupo Alon and Lupo Emily
Bought by
Lupo Ventures Llc

Purchase Details

Listed on
Nov 3, 2018
Closed on
Dec 14, 2018
Sold by
K Lall Malhotra 2008 Ret and Mathur
Bought by
Lupo Alon and Lupo Emily
Seller's Agent
Joseph Ferrazzi
TRG Realty Services
Buyer's Agent
Charlie King
Real Broker MA, LLC
List Price
$569,900
Sold Price
$630,000
Premium/Discount to List
$60,100
10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$441,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
Malhotra Chander Est and Mathur
Bought by
Chander Malhotra Ret and Mathur

Purchase Details

Closed on
Sep 19, 2008
Sold by
Malhotra Chander and Malhotra Krishan L
Bought by
Malhotra Chander and Malhotra Krishan L

Purchase Details

Closed on
Oct 19, 2004
Sold by
Espinosa Eusebia C and Espinosa James G
Bought by
Malhotra Chandler and Malhotra Krishan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1999
Sold by
Regis Raymond J
Bought by
Espinosa James G and Espinosa Eusebia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lupo Alon -- None Available
Lupo Alon -- None Available
Lupo Ventures Llc -- None Available
Lupo Ventures Llc -- None Available
Lupo Alon $630,000 --
Lupo Alon $630,000 --
Chander Malhotra Ret -- --
Chander Malhotra Ret -- --
Krishan Lall Malhotra -- --
Chander Malhotra Ret -- --
Malhotra Chander -- --
Malhotra Chander -- --
Malhotra Chandler $510,000 --
Malhotra Chandler $510,000 --
Espinosa James G $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lupo Alon $441,000
Previous Owner Malhotra Chandler $370,000
Previous Owner Espinosa James G $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $630,000 +10.5% $205 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/03/2018 11/03/18 For Sale $569,900 -- $185 / 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 $11,147 $933,600 $216,000 $717,600
2024 $9,781 $785,000 $193,600 $591,400
2023 $9,163 $700,000 $173,400 $526,600
2022 $9,351 $680,600 $157,500 $523,100
2021 $8,756 $623,200 $151,400 $471,800
2020 $8,347 $557,200 $131,700 $425,500
2019 $6,498 $422,500 $127,900 $294,600
2018 $6,133 $375,800 $115,000 $260,800
2017 $5,895 $352,800 $111,800 $241,000
2016 $5,768 $331,900 $108,200 $223,700
2015 $5,800 $325,500 $106,500 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72419658

MLS Property Information Network (MLS PIN)

APN: FRAM-000128-000097-003918