NOT LISTED FOR SALE

488 Thoreau St Concord, MA 01742

Estimated Value: $1,328,000 - $2,364,000

3 Beds
2 Baths
1,808 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $778,000 $430 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $10,656/month

80 Days on Market

Highlights

  • Plywood Flooring
  • Alcott Elementary School Rated A
  • Screened Porch

About This Home

As of April 2019

The seller has stripped the wall paper, installed new flooring and improved the price! This refreshed property is located in a highly sought after location less than one mile from historic downtown Concord, Walden Pond, and the commuter rail station is back on the market. Overlooking conservation land and approached by a natural driveway, this three bedroom ranch has many possibilities with its spacious, open layout. The kitchen, dining, and living room offer togetherness for those wanting to cook and entertain simultaneously. Enjoy views of the private, bucolic setting with mature trees and expansive lawn from either the three-season room or screened-in porch. The spacious family room offers access to both porches for great indoor/outdoor entertaining. The detached, three-car garage offers opportunity for car collectors, a hobby workshop, boat/toy storage, and more! A full, 1,300 sq.ft. unfinished basement has potential for future expansion. A prestigious address in Concord.

Last Agent to Sell the Property

The Tom And Joanne Team

Gibson Sotheby's International Realty Listed on: 11/27/2018

Gibson Sotheby's International Realty

Last Buyer's Agent

Chris Ridick

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $234

Year Built

  • Built in 1988

Lot Details

  • Year Round Access
  • Property is zoned A, GWCD

Parking

  • 3 Car Garage

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Plywood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Screened Porch
  • Rain Gutters
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:10H B:295

Home Details

Home Type

Single Family

Est. Annual Taxes

$234

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 442.42
  • Comp Based On: Net Sale Price
  • Year Built: 1988
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Fireplaces: 1
  • Flooring: Plywood, Vinyl, Wall to Wall Carpet
  • Appliances: Range, Wall Oven, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Dimension: 13X13, Bathroom - Full, Skylight, Ceiling Fan(s), Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: First Floor, Dimension: 10X13, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: First Floor, Dimension: 14X13, Fireplace, Skylight, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 8X9, Bathroom - Full, Bathroom - With Tub, Flooring - Vinyl, Jacuzzi / Whirlpool Soaking Tub
  • Bathroom 2: On Level: First Floor, Dimension: 6X8, Bathroom - Full, Bathroom - With Shower Stall, Flooring - Vinyl, Lighting - Overhead
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Dimension: 9X13, Flooring - Wall to Wall Carpet, Open Floor Plan
  • Family Room: On Level: First Floor, Dimension: 13X27, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Kitchen: On Level: First Floor, Dimension: 12X13, Flooring - Vinyl, Open Floor Plan
  • Laundry: On Level: First Floor, Dimension: 4X8
  • Living Room: On Level: First Floor, Dimension: 20X13, Flooring - Wall to Wall Carpet, Open Floor Plan
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Sump Pump, Concrete Floor
  • Main Lo: BB5918
  • Main So: K95001
  • Estimated Sq Ft: 1808.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame, Modular
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch - Enclosed, Porch - Screened, Gutters
  • Foundation: Poured Concrete
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Off-Street, Stone/Gravel, Unpaved Driveway
  • Parking Spaces: 10
  • Garage Parking: Detached, Garage Door Opener, Storage, Work Area, Side Entry, Oversized Parking
  • Garage Spaces: 3

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water, Private Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC
  • Heating: Electric
  • Heat Zones: 8
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Public School

Schools

  • Elementary School: Alcott
  • Middle School: Peabody-Sanborn
  • High School: CCHS

Lot Info

  • Assessments: 811700.00
  • Acre: 1.23
  • Lot Size: 53560.00
  • Page: 221
  • Parcel Number: M:10H B:295
  • Zoning: A, GWCD
  • Lot Description: Level

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 11599.00
  • Assessor Parcel Number: 456283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Mar 29, 2019
Sold by
Holt Marie
Bought by
Mingolla Joseph P and Mingolla Lisa N
Seller's Agent
The Tom And Joanne Team
Gibson Sotheby's International Realty
Buyer's Agent
Chris Ridick
Compass
List Price
$799,900
Sold Price
$778,000
Premium/Discount to List
-$21,900
-2.74%
Current Estimated Value
$2,006,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228,131
Avg. Annual Appreciation
16.52%
Original Mortgage
$622,400
Outstanding Balance
$550,534
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,544,632

Purchase Details

Closed on
Nov 27, 2018
Sold by
Sorrenti Rt
Bought by
Holt Marie
Source: Public Records

Range of Values:

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Average Value
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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
Mingolla Joseph P $778,000 --
Holt Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mingolla Joseph P $622,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $778,000 -2.7% $430 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $799,900 +2.8% $442 / Sq Ft
01/11/2019 01/11/19 Off Market $778,000 -- --
12/11/2018 12/11/18 Price Changed $839,900 -3.3% $465 / Sq Ft
11/27/2018 11/27/18 For Sale $869,000 -- $481 / 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 $234 $1,768,400 $738,900 $1,029,500
2024 $23,000 $1,751,700 $738,900 $1,012,800
2023 $19,124 $1,475,600 $671,700 $803,900
2022 $18,767 $1,271,500 $537,200 $734,300
2021 $18,310 $1,243,900 $537,200 $706,700
2020 $11,812 $830,100 $537,200 $292,900
2019 $11,561 $814,700 $521,800 $292,900
2018 $11,599 $811,700 $496,800 $314,900
2017 $10,592 $752,800 $473,100 $279,700
2016 $10,052 $722,100 $473,100 $249,000
2015 $10,012 $700,600 $438,000 $262,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72427098

MLS Property Information Network (MLS PIN)

APN: CONC-000010H-000000-000295