NOT LISTED FOR SALE

288 Commonwealth Ave Boston, MA 02115

Back Bay Neighborhood

Estimated Value: $4,047,352

9 Beds
5 Baths
6,900 Sq Ft
$587/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $6,518,000 $945 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $22,053/month

73 Days on Market

About This Home

As of July 2015

OFFERS DUE WED APRIL 22, 10AM. Draft P&S posted. Originally built in the 1890's as a single family and eventually transformed into a 5 unit building spanning 5 floors, this structure offers multiple opportunities including investment or transforming it back into a stately single family home or upscale condominiums.Located near the corner of Gloucester and Comm Ave with almost 7,000sf of space, this property boasts: 3 pkg spots; small private yard; original stained glass; bay windows that drench the living area with sunlight; a stairway leading to a flat roof; and the charming curb appeal of traditional Back Bay Brownstone. The Prudential Center and Hancock Tower are visible from the upper floors of the building. The potential is endless in such a highly desirable location just seconds to Newbury St, Public Gardens, Charles River and Esplanade. With endless possibilities for resurrecting this historic space, this property transformed is sure to appeal to local and international buyers.

Last Agent to Sell the Property

Beacon Group

Coldwell Banker Realty - Newton Listed on: 04/03/2015

Coldwell Banker Realty - Newton

Last Buyer's Agent

Shelagh Brennan

Cabot & Company

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$0

Year Built

1899

Lot Details

0

Listing Details

  • Lot Description: City View(s)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Interior Features

  • Fireplaces: 4
  • Has Basement: Yes
  • Fireplaces: 4
  • Number of Rooms: 28
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, T-Station, University, Other (See Remarks)
  • Flooring: Wood
  • Basement: Partially Finished

Exterior Features

  • Roof: Rubber
  • Exterior: Brick
  • Exterior Features: Patio
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Paved Driveway
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: W:05 P:03077 S:000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Black Wolf Special Opprtn
Bought by
Li Dongfang
Current Estimated Value
$4,047,352

Purchase Details

Closed on
Feb 3, 2017
Sold by
288 Commonwealth Llc
Bought by
Black Wolf Special Opp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,460,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 3, 2015
Closed on
Jul 15, 2015
Sold by
Tambunan Realty Llc
Bought by
288 Commonwealth Llc
Seller's Agent
Beacon Group
Coldwell Banker Realty - Newton
Buyer's Agent
Shelagh Brennan
Cabot & Company
List Price
$6,200,000
Sold Price
$6,518,000
Premium/Discount to List
$318,000
5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.59%
Original Mortgage
$8,740,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2015
Sold by
Tambunan Habiba
Bought by
Tambunan Realty Llc

Purchase Details

Closed on
Aug 29, 1991
Sold by
Dieter Elizabeth Est
Bought by
Tambunan Beatrix and Tambunan Habiba
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Li Dongfang $2,580,000 --
Black Wolf Special Opp $7,779,325 --
288 Commonwealth Llc $6,518,000 --
Tambunan Realty Llc -- --
Tambunan Beatrix $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Wolf Special Opp $2,562,000
Previous Owner Black Wolf Special Opp $5,460,000
Previous Owner 288 Commonwealth Llc $1,498,000
Previous Owner 288 Commonwealth Llc $460,000
Previous Owner 288 Commonwealth Llc $8,740,000
Previous Owner Tambunan Beatrix $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $6,518,000 +5.1% $945 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $6,200,000 -- $899 / 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 $0 $0 $0
2024 $0 $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $29,138 $2,764,500 $1,279,900 $1,484,600
2018 $27,919 $2,664,000 $1,219,400 $1,444,600
2017 $29,975 $2,830,500 $960,800 $1,869,700
2016 $29,315 $2,665,000 $890,200 $1,774,800
2015 $28,658 $2,366,500 $796,100 $1,570,400
2014 $26,644 $2,118,000 $722,200 $1,395,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71810778

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-003077