NOT LISTED FOR SALE

Millennium Tower 1 Franklin St Unit 2503 Boston, MA 02110

Downtown Boston Neighborhood

Estimated Value: $2,905,000 - $3,571,000

3 Beds
3 Baths
1,741 Sq Ft
$2,202/mo HOA Fee

Last Sold February 08, 2023

Last sale price $3,200,000 $1,838 Per Sq Ft

Current estimated payment $21,725/month

82 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Park Street Station
  • Community Pool
  • Clubhouse
  • Sauna
  • 2-minute walk to Sonder-Winthrop Square

About This Home

As of February 2023

Millennium Tower Premier 3 Bed 3 Bath corner residence with South-West views of the Back Bay, Boston Common and Charles River! Features include Poggenpohl kitchen and bath cabinetry, Sub-Zero, Bosch and Thermador appliances with gas cooking, wide-plank oak floors and travertine baths. Millennium Tower Boston residents enjoy 5-star services, doorman, 24-hour concierge, plus access to an exclusive two-story Club with dramatic owner’s lounge offering private dining and bar, screening room, billiard parlor, library, private function room, outdoor terrace, children’s playroom, 75-foot lap pool and the largest residential-only fitness facility in Boston. Adjacent to the renovated historic Burnham Building, Millennium Tower stands at the center of a reinvigorated downtown Boston, home to vibrant retail, and Roche Bros. gourmet grocery. Millennium Tower Boston is the evolution of luxury residential living

Last Agent to Sell the Property

RESIS Global Advisory Group

RESIS Listed on: 04/01/2022

Last Buyer's Agent

Cutter Luxe Team

Cutter Luxe Living LLC

Cutter Luxe Living LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,853

Year Built

  • Built in 2016

HOA Fees

  • $2,202 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Home Design

  • Entry on the 25th floor

Interior Spaces

  • 1,741 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number W:03 P:04590 S:370,4921194

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, security, maintenance structure, ground maintenance, trash, air conditioning, reserve funds
  • 442 Units
  • High-Rise Condominium
  • Millennium Tower Community

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,853

Year Built

Built in 2016

Lot Details

0

HOA Fees

$2,202 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 2016
  • Entry Level: 25
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: N
  • Living Area: 1741
  • Stories Total: 1
  • MAIN LO: AC0443
  • MAIN SO: AN2383

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Elevator(s), Recreation Facilities, Fitness Center, Sauna/Steam, Clubroom, Parking
  • Association Fee: 2202.19
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Trash, Air Conditioning, Reserve Funds

Lot Info

  • Parcel Number: W:03 P:04590 S:370,4921194
  • Zoning: CD
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 26853

Multi Family

  • Number Of Units Total: 442
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Feb 2, 2023
Sold by
2503 Millennium Towers T and 2503 Alkhaled
Bought by
Li Michael L and Shi Yuan
Seller's Agent
RESIS Global Advisory Group
RESIS
Buyer's Agent
Cutter Luxe Team
Cutter Luxe Living LLC
List Price
$3,350,000
Sold Price
$3,200,000
Premium/Discount to List
-$150,000
-4.48%
Views
1
Current Estimated Value
$3,211,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,412
Avg. Annual Appreciation
0.13%
Original Mortgage
$900,000
Outstanding Balance
$869,449
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,341,963
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Michael L $3,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Michael L $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2023 02/08/23 Sold $3,200,000 -4.5% $1,838 / Sq Ft
07/05/2022 07/05/22 For Sale $3,350,000 +4.7% $1,924 / Sq Ft
06/30/2022 06/30/22 Off Market $3,200,000 -- --
06/23/2022 06/23/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $3,350,000 0.0% $1,924 / Sq Ft
12/01/2020 12/01/20 Rented $9,500 -5.0% --
10/28/2020 10/28/20 Under Contract -- -- --
10/01/2020 10/01/20 For Rent $10,000 0.0% --
09/30/2020 09/30/20 Off Market $10,000 -- --
09/07/2020 09/07/20 Price Changed $10,000 -4.8% $6 / Sq Ft
08/16/2020 08/16/20 Price Changed $10,500 -4.5% $6 / Sq Ft
07/23/2020 07/23/20 For Rent $11,000 -12.0% --
01/15/2020 01/15/20 Rented $12,500 0.0% --
01/09/2020 01/09/20 Under Contract -- -- --
12/20/2019 12/20/19 For Rent $12,500 -- --
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 $32,177 $2,778,700 $0 $2,778,700
2024 $30,637 $2,810,700 $0 $2,810,700
2023 $29,590 $2,755,100 $0 $2,755,100
2022 $29,399 $2,702,100 $0 $2,702,100
2021 $26,853 $2,516,700 $0 $2,516,700
2020 $28,713 $2,719,000 $0 $2,719,000
2019 $27,286 $2,588,826 $0 $2,588,826
2018 $26,868 $2,563,746 $0 $2,563,746
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2023

    Cutter Luxe Team

    Cutter Luxe Living LLC

    (617) 206-3333

    18 in this area

    110 Total Sales

    Cutter Luxe Team
    Section Image

  • M

    Seller's Agent in 2020

    MP Boston Marketing Team

    MP Boston Marketing LLC

    (617) 542-1555

    136 in this area

    139 Total Sales

    MP Boston Marketing Team
    Section Image

  • W

    Seller's Agent in 2020

    Wayne Lopez

    MP Boston Marketing LLC

    (617) 542-1555

    37 in this area

    38 Total Sales

    Wayne Lopez
    Section Image
  • Jeffrey Shuman

    Buyer's Agent in 2020

    Jeffrey Shuman

    Luxury Residential Group, LLC

    (617) 233-5800

    7 in this area

    36 Total Sales

    Jeffrey Shuman
    Section Image
  • David Paez

    Buyer's Agent in 2020

    David Paez

    Boston International Real Estate, LLC

    (617) 549-9783

    5 Total Sales

    David Paez
    Section Image
See All Agents

About Millennium Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72960785

MLS Property Information Network (MLS PIN)

APN: 0304590370

Massachusetts Suffolk County Boston 02108 Downtown Boston

1 Franklin St Unit 2503, Boston, MA

Not Listed for Sale

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