RENTED FEB 1, 2025

389 Commonwealth Ave Unit 3 Boston, MA 02115

Back Bay Neighborhood

Estimated Value: $3,824,000 - $4,671,259

1 Bed
1 Bath
1,240 Sq Ft
$3,498/Sq Ft Est. Value

Highlights

  • 9,999 Sq Ft lot
  • 3-minute walk to Hynes Convention Center Station
  • No HOA
  • Property is near public transit
  • 2 Fireplaces
  • 4-minute walk to Kenmore Block

About This Home

As of February 2025

Exquisitely fully FURNISHED residence offering short to long term rental accommodations. Stunning floor through featuring an expansive living/dining room offering post card views of the Commonwealth Mall and Back Bay skyline. As you enter into the main room where you are greeted by an ornamental fireplace, built-ins, and south facing bay windows. The kitchen has been completely renovated and features stainless appliances, stone counters, and custom cabinetry. Additional features include but are not limited to tall ceilings, refinished hardwood floors, recessed & showcase lighting throughout, and central air. The over-sized bedroom offers a separate work space and features a walk in closet and updated bath with glass enclosed shower. Hot water is included in the rent. Complimentary on-site laundry. Pets are negotiable (no Cats). Tenant is responsible for electricity, cable, and internet. Welcome to your turn key home.

Last Agent to Rent the Property

Mark Ruane

MGS Group Real Estate LTD Listed on: 01/10/2025

Last Renter's Agent

Mark Ruane

MGS Group Real Estate LTD Listed on: 01/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $48,340

Year Built

  • Built in 1910

Lot Details

  • 9,999

Home Design

  • Apartment
  • Entry on the 3rd floor

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating

Additional Features

  • Enclosed Patio or Porch
  • 9,999 Sq Ft Lot

Listing and Financial Details

  • Property Available on 2/1/25
  • Rent includes hot water, gas, water, sewer, snow removal, gardener, furnishings (see remarks), laundry facilities
  • Assessor Parcel Number 3361768

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$48,340

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2025-02-01
  • Lease Term: Short Term Lease,Term of Rental(1+)
  • Available Now: No
  • Deposit Required: No
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1910
  • Entry Level: 3
  • CoOp Comp: Co-broke
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Interior Amenities: Single Living Level
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Living Area: 1240
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: AN0499
  • MAIN SO: AN0499

Exterior Features

  • Exterior Features: Patio - Enclosed
  • Home Warranty YN: No
  • Patio And Porch Features: Patio - Enclosed
  • Waterfront YN: No

Utilities

  • Heating: Central, Ductless
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, T-Station, University
  • Rent Includes: Hot Water, Gas, Water, Sewer, Snow Removal, Gardener, Furnishings (See Remarks), Laundry Facilities
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3361768
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
389 Comm Avenue T and Daly
Bought by
Octagon Nt and Yunes
Current Estimated Value
$4,337,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,520,000
Outstanding Balance
$3,414,337
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$923,083
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Octagon Nt $4,400,000 None Available
Octagon Nt $4,400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Octagon Nt $3,520,000
Closed Octagon Nt $3,520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2025 02/01/25 Rented $4,500 0.0% --
01/15/2025 01/15/25 Under Contract -- -- --
01/10/2025 01/10/25 For Rent $4,500 0.0% --
06/01/2024 06/01/24 Rented $4,500 0.0% --
05/28/2024 05/28/24 Under Contract -- -- --
05/22/2024 05/22/24 For Rent $4,500 -- --
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 $48,340 $4,174,400 $1,448,800 $2,725,600
2024 $32,075 $2,942,700 $1,131,700 $1,811,000
2023 $32,188 $2,997,000 $1,131,700 $1,865,300
2022 $31,662 $2,910,100 $1,131,700 $1,778,400
2021 $31,515 $2,953,600 $989,600 $1,964,000
2020 $30,744 $2,911,400 $989,600 $1,921,800
2019 $30,255 $2,870,500 $989,600 $1,880,900
2018 $28,935 $2,761,000 $942,800 $1,818,200
2017 $28,662 $2,706,500 $898,600 $1,807,900
2016 $28,094 $2,554,000 $831,100 $1,722,900
2015 $27,556 $2,275,500 $615,500 $1,660,000
2014 $25,273 $2,009,000 $558,400 $1,450,600
Source: Public Records

Agents Affiliated with this Home

  • Mark Ruane

    Landlord's Agent in 2025

    Mark Ruane

    MGS Group Real Estate LTD

    (508) 612-6217

    9 in this area

    36 Total Sales

    Mark Ruane
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73325066

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-003826

Massachusetts Suffolk County Boston 02115 Back Bay

389 Commonwealth Ave Unit 3, Boston, MA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes