NOT LISTED FOR SALE

488 Elm St Concord, MA 01742

Estimated Value: $2,507,000 - $2,898,000

4 Beds
4 Baths
4,520 Sq Ft
$585/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $1,635,000 $362 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $14,064/month

97 Days on Market

About This Home

As of July 2016

Just completed, this NEW home exudes wonderful style and personality. The exterior façade was thoughtfully designed to reflect the timeless appeal of homes that line desirable Elm Street. The interior showcases exceptional architectural details infused with upbeat selections and modern trends. Lending itself to the ease of family living, while offering an ideal blend of comfort and sophistication, the floor plan is open and airy and allows for an abundance of natural light to penetrate each and every room. The impressive kitchen caters to the needs of today's most discerning buyer, with granite tops, Thermador appliance package, butler's pantry and separate storage pantry. White paneled walls, barn doors, warm hardwood floors, and custom built-ins are just a few of this property's exceptional features. Upstairs one will find well-proportioned bedrooms, upbeat bathrooms and an expansive bonus room for added flex space. New construction just over 1 mile from downtown Concord.

Last Listed By

Kimberly Comeau

Barrett Sotheby's International Realty Listed on: 02/24/2016

Barrett Sotheby's International Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$336

Year Built

2016

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.50
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Microwave, Refrigerator, Vacuum System
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Full, Fiberglass, Foam
  • Interior Amenities: Central Vacuum, Security System
  • Basement: Full, Partially Finished
  • Bedroom 2: Second Floor, 13X13
  • Bedroom 3: Second Floor, 14X13
  • Bedroom 4: Second Floor, 14X12
  • Kitchen: First Floor, 25X19
  • Laundry Room: Second Floor, 11X5
  • Living Room: First Floor, 15X13
  • Master Bedroom: Second Floor, 20X15
  • Dining Room: First Floor, 15X13
  • Family Room: First Floor, 20X20
  • Oth1 Room Name: Mud Room
  • Oth1 Dimen: 12X9
  • Oth2 Room Name: Bonus Room
  • Oth2 Dimen: 24X23

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Fiber Cement Siding
  • Exterior Features: Patio, Sprinkler System
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Schools

  • Elementary School: Willard
  • Middle School: Cms
  • High School: Cchs

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2018
Sold by
Ohanian Walter A and Ohanian Heather A
Bought by
Wao T
Total Days on Market
97
Current Estimated Value
$2,644,756

Purchase Details

Listed on
Feb 24, 2016
Closed on
Jul 18, 2016
Sold by
Rmb Development Llc
Bought by
Ohanian Walter and Ohanian Heather A
Seller's Agent
Kimberly Comeau
Barrett Sotheby's International Realty
Buyer's Agent
Brigitte Senkler
Coldwell Banker Realty - Concord
List Price
$1,739,000
Sold Price
$1,635,000
Premium/Discount to List
-$104,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.66%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 14, 2015
Closed on
Mar 13, 2015
Sold by
Condon Penelop L
Bought by
Rmb Development Llc
Seller's Agent
Vivien Tao
Coldwell Banker Realty - Concord
Buyer's Agent
Kimberly Comeau
Barrett Sotheby's International Realty
List Price
$675,000
Sold Price
$718,000
Premium/Discount to List
$43,000
6.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.97%
Original Mortgage
$1,150,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Condon John P and Condon Penelope L
Bought by
Condon Penelope L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.67%

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
Wao T -- --
Ohanian Walter $1,635,000 --
Rmb Development Llc $718,000 --
Condon Penelope L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wao T $900,000
Previous Owner Ohanian Walter $600,000
Previous Owner Rmb Development Llc $793,750
Previous Owner Rmb Development Llc $1,150,000
Previous Owner Condon John P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $1,635,000 -6.0% $362 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $1,739,000 +142.2% $385 / Sq Ft
03/13/2015 03/13/15 Sold $718,000 0.0% $416 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/15/2015 01/15/15 Off Market $718,000 -- --
01/14/2015 01/14/15 For Sale $675,000 -- $392 / 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 $336 $2,533,000 $947,100 $1,585,900
2024 $32,956 $2,510,000 $947,100 $1,562,900
2023 $26,232 $2,024,100 $775,000 $1,249,100
2022 $25,961 $1,758,900 $619,900 $1,139,000
2021 $25,474 $1,730,600 $619,900 $1,110,700
2020 $25,025 $1,758,600 $619,900 $1,138,700
2019 $24,674 $1,738,800 $646,400 $1,092,400
2018 $23,723 $1,660,100 $573,100 $1,087,000
2017 $22,398 $1,591,900 $525,600 $1,066,300
2016 $8,097 $581,700 $581,700 $0
2015 $10,929 $764,800 $538,600 $226,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71962909

MLS Property Information Network (MLS PIN)

APN: CONC-000008E-000000-001834