NOT LISTED FOR SALE

48 Academy Ln Concord, MA 01742

Estimated Value: $3,010,000 - $3,558,000

5 Beds
5 Baths
4,213 Sq Ft
$773/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $1,811,500 $430 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $18,079/month

22 Days on Market

About This Home

As of May 2015

A hidden treasure! Commanding a stunning location in historic Concord Center, a short walk from museums, restaurants, and commuter rail, this elegant home combines fabulous formal rooms with casual areas for gathering with family and friends; chef's eat-in kitchen with stainless steel appliances, work desk and seating alcove; two fireplaces; wide pine flooring and many built-ins. Entry porch leads to the inviting foyer and spacious living room with Adam fireplace. The library has extensive built-ins while the formal dining room has a window alcove and adjoining terrace amid mature landscaping. The side entrance from the 2-car garage is to the mudroom and a large family room with built-ins and two sitting areas. The second floor has a lovely master suite with bedroom, sitting room, stunning bathroom and large closet. Two delightful bedrooms to the rear share a bath. Two additional bedrooms are to the front, one en-suite. The laundry is tucked away on this level.

Last Listed By

Susan Revis

Compass Listed on: 03/10/2015

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$389

Year Built

1826

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1826

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Medical Facility, House of Worship, Private School, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Windows, Prog. Thermostat
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood, Pine
  • Insulation: Full
  • Interior Amenities: Security System, Cable Available, Wetbar, Walk-up Attic
  • Basement: Full, Crawl, Interior Access, Bulkhead, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 15X11
  • Bedroom 3: Second Floor, 14X13
  • Bedroom 4: Second Floor, 15X10
  • Bedroom 5: Second Floor, 17X10
  • Bathroom #1: First Floor, 5X4
  • Bathroom #2: Second Floor, 14X8
  • Bathroom #3: Second Floor, 14X9
  • Kitchen: First Floor, 22X17
  • Laundry Room: Second Floor, 9X7
  • Living Room: First Floor, 25X19
  • Master Bedroom: Second Floor, 15X14
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Flooring - Wood, Window(s) - Picture
  • Dining Room: First Floor, 16X14
  • Family Room: First Floor, 27X14

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch - Screened, Patio, Sprinkler System
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 4
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
May 29, 2015
Sold by
Hutchins John C and Hutchins Eleanor B
Bought by
Niemann Daniel B and Sammons Sorrel D
Seller's Agent
Susan Revis
Compass
Buyer's Agent
Sarah Kussin
Barrett Sotheby's International Realty
List Price
$1,878,000
Sold Price
$1,811,500
Premium/Discount to List
-$66,500
-3.54%
Total Days on Market
22
Current Estimated Value
$3,255,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,443,655
Avg. Annual Appreciation
6.37%
Original Mortgage
$1,300,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

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
Niemann Daniel B $1,811,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dulaney-Sammons Sorrel $376,000
Open Dulaney-Sammons Sorrel $1,164,000
Closed Sammons Sorrel D $150,000
Closed Bartlett-Niemann Daniel $1,295,000
Closed Niemann Daniel B $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $1,811,500 0.0% $430 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/14/2015 03/14/15 Off Market $1,811,500 -- --
03/10/2015 03/10/15 For Sale $1,878,000 -- $446 / 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 $389 $2,930,200 $1,414,000 $1,516,200
2024 $38,474 $2,930,200 $1,414,000 $1,516,200
2023 $32,382 $2,498,600 $1,285,600 $1,213,000
2022 $26,688 $1,808,100 $934,900 $873,200
2021 $28,619 $1,944,200 $1,005,000 $939,200
2020 $28,272 $1,986,800 $1,005,000 $981,800
2019 $29,111 $2,051,500 $1,043,600 $1,007,900
2018 $26,717 $1,869,600 $950,600 $919,000
2017 $25,375 $1,803,500 $905,300 $898,200
2016 $24,505 $1,760,400 $823,000 $937,400
2015 $23,506 $1,644,900 $743,100 $901,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71799364

MLS Property Information Network (MLS PIN)

APN: CONC-000009G-000000-000765