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40 Concord Square

40 Concord Square, Boston, MA 02118
Property in Columbus
Sold Oct 12, 2023
$3,053,500
$4,185,000 by Hingham Institution For Saving
Mortgage Due Oct 12, 2053
Sold Dec 08, 2008
Transfer
40 Concord Square in Boston, MA was first built in 1899 and is 125 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. There are a total of 4 floors. 40 Concord Square has 3,444 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,660 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as good. The property was last sold in Oct 12, 2023 for $3,053,500. That's $886.61 per sqft. 40 Concord Square was last assessed in 2023. The total value of the property was assessed at $2,005,600. Specifically, the land the property is located on was valued at $688,500. While improvements on the property were assessed at a total of $1,317,100. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $21,540. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Construction Type: Brick
  • Floor Count: 4
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,660
  • Total Building Area: 3,444
  • Gross Building Area: 4,305
  • Building Area: 3,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,444
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.038
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 40 CONCORD SQUARE DEV LLC
  • Previous Owner : MERCON LLC
  • Owner Before Previous Owner: MERCADO GERONIMO R
  • Owner Before Previous Owner 2: MERCADO VICTOR R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 070802

Zoning

  • Zoning: R4

Geography

  • Parcel: CBOS W:04 P:02634 S:000
  • Municipality: BOSTON-CENTRAL BOSTON
  • Latitude: 42.3416
  • Longitude: -71.0794

    Address

  • Full Address: 40 Concord Sq
  • Address - House Number: 40
  • Address - Street Name: Concord
  • Address - Suffix Type: Sq
  • State: MA
  • City Name: Boston
  • Carrier Code: C052
  • 4-Digit Zip Code: 4174
  • Zip Code: 02118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,540

    Appraisal Valuation

  • Standard Deviation: 0.2591
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 48
  • Final Value: 2,472,364
  • High Value: 3,112,970
  • Low Value: 1,831,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,185,000
  • First Open Lien Mortgage Lender: HINGHAM INSTITUTION FOR SAVING
  • First Open Lien Mortgage Recording Date: Oct 12, 2023
  • First Open Lien Mortgage Loan Amount: $4,185,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 12, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,005,600
  • Assessed Land Value: $688,500
  • Assessed Improvements Value: $1,317,100

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914745260
  • Current Sale Price: $3,053,500
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 64722
  • Previous Sale Recording Date: Dec 08, 2008
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HINGHAM INSTITUTION FOR SAVING
  • First Mortgage Transaction Date: Oct 12, 2023
  • First Mortgage Loan Amount: $4,185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About South End



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Frequently Asked Questions

What neighborhood is 40 Concord Square located in?
The 40 Concord Square is a located in the neighborhood of Columbus in South End, Boston.
What is the average sales price for listings in 40 Concord Square?
The average sales price for units in 40 Concord Square is $0 currently.

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