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105 Concord Ave, Belmont, MA, 02478

$969,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,138 SqFt
$453/SqFt
Multi

Location

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105 Concord Ave, Belmont$969,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Year Built1927
HeatingOil
CoolingNone
MLS #73313923
Lot Size0.10 Acres
StatusActive
(New)

About 105 Concord Ave

Desirable and rare mixed use property featuring two rental residential apartments and one highly visible commercial space. Property located near new Belmont High School and Clay Pit Pond, while walkable to Fresh Pond in Cambridge and Belmont Center. Commercial space is vacant and consists of about 250SF, eleven foot ceiling, has gas heat, half bathroom, and large picture window facing Concord Avenue. Both rental units are rented to longer term tenants, TAW leases, have hardwood floors, both heated by oil, and both rents are well below market value.Seller to replace stove in second floor unit. There is ample off street parking in the rear of the building as well as daily on street parking. Property needs some updating but overall offers a strong long term investment property in a very desirable town and location.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 2,138 SqFt

Listing Office:

  • Office Name: Middlesex Residential Properties
  • Office Phone: (617) 817-0742
  • Listing Agent: Thomas Scanlan

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Hardwood
  • Interior: Living Room, Kitchen, Office/Den

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Oil
  • Cooling: None

Other

Directions Information:

  • Directions: On Concord Ave near Belmont High School.

Price Information

Listing Price Info

Price Summary:

  • List Price: $969,000
  • Price Per SqFt: $453/SqFt

Tax Information:

  • Annual Amount: $9,082
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Belmont, MA.

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Belmont, MA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$607

Avg. Days On Market

21

# of Sold Homes

18

105 Concord Ave vs Belmont

1 DAY ON ROCKET

-20 Days

$969,000

-$389K Less

$453/SqFt

-$154 Less

KEY TAKEAWAY

This property is $389K less than the Median Sold Price and $154/SqFt less than other homes in Belmont, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73313923

Listing Office:

  • Office Name: Middlesex Residential Properties
  • Office Phone: (617) 817-0742
  • Listing Agent: Thomas Scanlan

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,082$787,000
2020$7,216$656,000
2019$6,454$553,000
2018$6,063$499,000
2017$5,990$472,000

History based on county public records data.

Payment Calculator

$4,904

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,972

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-166448
9
/10

  • Mary Lee Burbank

  • 266 School St

  • 0.24 miles

  • Public District Grades KG-4

school-card-donut-166449
7
/10

  • Roger E Wellington

  • 121 Orchard St

  • 0.51 miles

  • Public District Grades PK-4

school-card-donut-166450
8
/10

  • Winn Brook

  • 97 Waterhouse Rd

  • 0.56 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $149,500. Residents of Belmont, MA typically earn $200k+ each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Belmont›02478›105 Concord Ave

This home is located at 105 Concord Ave in Belmont, MA and zip code 02478. This 2,138 square foot home, which was built in 1927, sits on a 0.10 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $969,000.

While more than 10 listings in Belmont, MA in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. Between September 2024 and October 2024, Belmont, MA real estate market has seen increase in the number of listings by 5.6%. In October 2024 median list price was $1,358,000 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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