NOT LISTED FOR SALE

395 Concord St Framingham, MA 01702

Estimated Value: $854,813 - $922,000

3 Beds
2 Baths
2,512 Sq Ft
$350/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $687,500 $274 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,396/month

7 Days on Market

About This Home

As of July 2021

OPEN HOUSE Saturday and Sunday 11 am-2 pm. Excellent opportunity to own this well maintained two family home built in 1988.. This property has had many updates and is pristine. The yard is fenced for privacy and is perfect for outside gatherings. The third floor space offers potential for possible expansion. The property is walking distance to the commuter rail, Learned pond, many city parks, library and the central business district which includes many of Framingham's great restaurants and breweries. This property is a commuters dream. Easy access to Route 9 and Mass Pike.

Last Agent to Sell the Property

Philip Ottaviani

Realty Executives Boston West Listed on: 06/03/2021

Realty Executives Boston West

Last Buyer's Agent

Didier Lopez

RE/MAX One Call Realty

RE/MAX One Call Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,869

Year Built

  • Built in 1988

Lot Details

  • 5,227

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Schools

  • Framingham High School

Additional Features

  • Year Round Access
  • Oil Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:121 B:09 L:3205 U:000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,869

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Insc: 2093
  • Year Built Description: Actual
  • List Price Per Sq Ft: 254.74
  • Comp Based On: Net Sale Price
  • Year Built: 1988
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB5398
  • Main So: BB5763
  • Estimated Sq Ft: 2512.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 1300
  • Electric Features: Circuit Breakers
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University

Schools

  • Elementary School: School Choice
  • Middle School: School Choice
  • High School: Framingham High

Lot Info

  • Assessments: 514900.00
  • Acre: 0.12
  • Lot Size: 5358.00
  • Page: 70
  • Parcel Number: M:121 B:09 L:3205 U:000
  • Zoning: G
  • Lot Description: Paved Drive, Shared Drive, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Total Levels: 2
  • Total Rent: 3750
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7234.00
  • Assessor Parcel Number: 490838
  • Tax Year: 2021

MLS Schools

  • Grade School: School Choice
  • High School: Framingham High
  • Middle School: School Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Lam Claire W and Lam Ricky C
Bought by
Claire W Lam Lt
Current Estimated Value
$878,453

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 16, 2021
Sold by
Wu Lining
Bought by
Lam Ricky C and Lam Claire W
Seller's Agent
Philip Ottaviani
Realty Executives Boston West
Buyer's Agent
Didier Lopez
RE/MAX One Call Realty
List Price
$639,900
Sold Price
$687,500
Premium/Discount to List
$47,600
7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$515,625
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2011
Sold by
Finn Norman H and Finn Judith A
Bought by
Wu Lining

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
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
Claire W Lam Lt -- None Available
Claire W Lam Lt -- None Available
Lam Ricky C $687,500 None Available
Lam Ricky C $687,500 None Available
Wu Lining $260,000 --
Wu Lining $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Ricky C $515,625
Previous Owner Wu Lining $195,000
Previous Owner Wu Lining $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $687,500 +7.4% $274 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $639,900 -- $255 / 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 $8,869 $742,800 $215,300 $527,500
2024 $8,194 $657,600 $192,900 $464,700
2023 $8,012 $612,100 $172,900 $439,200
2022 $7,966 $579,800 $157,000 $422,800
2021 $7,234 $514,900 $150,900 $364,000
2020 $6,886 $459,700 $131,300 $328,400
2019 $6,077 $395,100 $127,500 $267,600
2018 $5,581 $342,000 $114,600 $227,400
2017 $5,605 $335,400 $111,400 $224,000
2016 $5,442 $313,100 $107,800 $205,300
2015 $5,284 $296,500 $105,700 $190,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72842305

MLS Property Information Network (MLS PIN)

APN: FRAM-000121-000009-003205