NOT LISTED FOR SALE

389 Commonwealth Ave Boston, MA 02115

Back Bay Neighborhood

Estimated Value: $4,399,979 - $6,987,000

6 Beds
5 Baths
5,679 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $4,400,000 $775 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $35,988/month

65 Days on Market

Highlights

  • Medical Services
  • 3-minute walk to Hynes Convention Center Station
  • Wood Flooring
  • City View
  • Property is near public transit
  • 4-minute walk to Kenmore Block

About This Home

As of July 2023

An opportunity not to be missed on the sunny side of Commonwealth Avenue! Available for the first time in 50 years, this stately brownstone is steeped in historical details and presents the opportunity for a multi-family property in one of Boston's most desirable locations. Hard-to-find front and rear curved bay windows on all levels present optimal lighting and picturesque views of the Commonwealth Avenue Mall. The grand parlor level boasts non-replicable millwork and details rarely found so well preserved and intact, dating back to the inception of the home, including pocket doors and intricate millwork. The garden level houses living space, utility space, and access to a charming and private brick-walled garden terrace. The 2nd, 3rd, and 4th floors include original fireplaces, hardwood flooring, and millwork. Cared for with love for the past 50 years, this rarely offered Back Bay gem presents exceptional potential and possibilities. The property will be delivered vacant.

Last Agent to Sell the Property

Brett DeRocker

First Boston Realty International Listed on: 03/28/2023

Last Buyer's Agent

Michael Harper

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,188

Year Built

  • Built in 1910

Lot Details

  • 2,124 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Level Lot
  • Garden

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Exterior
  • Stone

Interior Spaces

  • 5,679 Sq Ft Home
  • 7 Fireplaces
  • City Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W:05 P:03826 S:000,3361768

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,188

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Flooring: Wood,Tile
  • Fireplace YN: Yes
  • Fireplaces: 7
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Finished, Walk-Out Access, Interior Entry
  • Living Area: 5679
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: NB1863
  • LIST PRICE PER Sq Ft: 792.39
  • PRICE PER Sq Ft: 774.78
  • MAIN SO: AN0499

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Brick, Stone, Block
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Other
  • Home Warranty YN: No
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:05 P:03826 S:000,3361768
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2124
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 32188
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 2
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • FLRS 2: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $4,400,000 -2.2% $775 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $4,500,000 -9.9% $792 / Sq Ft
03/28/2023 03/28/23 For Sale $4,995,000 -- $880 / 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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73092237

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-003826