NOT LISTED FOR SALE

40 Commonwealth Rd Unit 2 Watertown, MA 02472

East Watertown Neighborhood

Estimated Value: $797,000 - $858,000

3 Beds
1 Bath
1,951 Sq Ft
4,443 Sq Ft Lot

Last Sold October 24, 2024

Last sale price $770,000 $395 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,145/month

5 Days on Market

Highlights

  • Golf Course Community
  • Custom Closet System
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • Sun or Florida Room

About This Home

As of October 2024

Location, location, location! Welcome home to this sunny and spacious condominium in desirable Oakley Country Club neighborhood on a lovely, tree lined street. This well-maintained condo offers 3 bedrooms and 1 full bathroom on two levels. This unit includes a spacious living room with an ornamental fireplace, a wall of windows and direct access to an exterior porch. The dining room boasts original woodwork and built-in china cabinet, and leads to a bright, eat-in- kitchen with access to back enclosed porch. The second floor includes three spacious bedrooms, an office alcove, family bath and storage. Unfinished basement for laundry and storage, offering expansion potential. 1 garage spot & off street parking. Common garden space. Close to public transportation. Enjoy the beauty of nearby Fresh Pond Reservoir, the convenience of nearby shopping, & the highly acclaimed restaurants of Watertown & Cambridge. Easy access to Boston, Harvard Square, Arsenal Yards and major routes.

Last Agent to Sell the Property

Lynn Findlay

Coldwell Banker Realty - Belmont Listed on: 09/11/2024

Coldwell Banker Realty - Belmont

Co-Listed By

Martha Delaney

Coldwell Banker Realty - Belmont

Last Buyer's Agent

Elaine Song

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,963

Year Built

  • Built in 1918

Lot Details

  • 4,443

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • Off-Street Parking

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,951 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Decorative Lighting
  • Insulated Windows
  • Living Room with Fireplace
  • Home Office
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Freezer
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • * Elementary School
  • WMS Middle School
  • WHS High School

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Oil
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 3927927

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 2 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,963

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1918
  • Entry Level: 2
  • Year Built Details: Approximate
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Interior Amenities: Office, Sun Room
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Flooring - Wood, Decorative Molding
  • Room Bedroom3 Features: Closet, Flooring - Wood
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: Third
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Wood, Lighting - Pendant
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Closet, Flooring - Wood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Lighting - Pendant
  • Laundry Features: In Basement, In Building, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Wood, Balcony / Deck, Balcony - Exterior, Exterior Access
  • Room Office Level: Third
  • Room Office Features: Flooring - Wood
  • Basement: Y
  • Living Area: 1951
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN6181
  • Insulation: Partial

Exterior Features

  • Exterior Features: Porch, Porch - Enclosed
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Steam, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 270
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, House of Worship, Public School
  • Senior Community YN: No

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 3927927
  • Zoning: T
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8963

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Whs
  • Elementary School: *
  • Middle Or Junior School: Wms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 24, 2024
Sold by
Thomas Mccarthy 2023 Ret and Mccarthy
Bought by
Khim Paula and Hwang Hanjun H
Seller's Agent
Lynn Findlay
Coldwell Banker Realty - Belmont
Buyer's Agent
Elaine Song
Coldwell Banker Realty - Lexington
List Price
$739,000
Sold Price
$770,000
Premium/Discount to List
$31,000
4.19%
Views
23
Current Estimated Value
$831,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,763
Avg. Annual Appreciation
8.02%
Original Mortgage
$570,000
Outstanding Balance
$563,836
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$267,927

Purchase Details

Closed on
Dec 8, 2023
Sold by
Mccarthy Thomas
Bought by
Thomas Mccarthy 2023 Ret and Mccarthy

Purchase Details

Closed on
Aug 18, 2009
Sold by
Muraca Donald and Muraca Niccole M
Bought by
Mccarthy Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1999
Sold by
Otfinoski Joel and Muraca Donald
Bought by
Otfinoski Joel and Muraca Donald M

Purchase Details

Closed on
Aug 3, 1998
Sold by
Hamilton J Scott J and Hamilton Susan
Bought by
Ofinoski Joel and Muraca Donald
Source: Public Records

Range of Values:

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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
Khim Paula $770,000 None Available
Khim Paula $770,000 None Available
Thomas Mccarthy 2023 Ret -- None Available
Thomas Mccarthy 2023 Ret -- None Available
Mccarthy Thomas $422,000 --
Mccarthy Thomas $422,000 --
Otfinoski Joel $260,000 --
Ofinoski Joel $388,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khim Paula $570,000
Closed Khim Paula $570,000
Previous Owner Ofinoski Joel $262,000
Previous Owner Ofinoski Joel $50,000
Previous Owner Mccarthy Thomas $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $770,000 +4.2% $395 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $739,000 -- $379 / 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 $8,980 $768,800 $0 $768,800
2024 $8,963 $766,100 $0 $766,100
2023 $10,235 $753,700 $0 $753,700
2022 $9,262 $699,000 $0 $699,000
2021 $8,440 $689,000 $0 $689,000
2020 $8,364 $689,000 $0 $689,000
2019 $6,981 $542,000 $0 $542,000
2018 $6,699 $497,300 $0 $497,300
2017 $6,460 $465,100 $0 $465,100
2016 $5,871 $429,200 $0 $429,200
2015 $6,290 $418,500 $0 $418,500
2014 $5,991 $400,500 $0 $400,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73288907

MLS Property Information Network (MLS PIN)

APN: WATE-001156-000010-000057B