NOT LISTED FOR SALE

Millennium Tower 1 Franklin St Unit 5405 Boston, MA 02110

Downtown Boston Neighborhood

Estimated Value: $3,445,000 - $4,458,000

3 Beds
4 Baths
2,196 Sq Ft
$2,966/mo HOA Fee

Last Sold December 27, 2021

Last sale price $4,000,000 $1,821 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $28,274/month

119 Days on Market

Highlights

  • Resident Manager or Management On Site
  • 4-minute walk to Park Street Station
  • 2-minute walk to Sonder-Winthrop Square

About This Home

As of December 2021

Luxury living in the heart of downtown at the world class Millennium Tower. The stunning views from the 54th floor of this 3 bed 3.5 bath, 2196 sq foot corner residence are priceless. Unit 5405 features floor to ceiling east facing windows capturing ocean and harbor views. Luxury features include Poggenpohl kitchen and bath cabinetry, Sub-Zero and Wolf appliances with gas cooking, and marble baths. This unit has unique features including extra ceiling height, upgraded porcelain heated floors, new quartz countertops with large sink, additional kitchen island, motorized shades, as well as vented laundry and cooking. This property is also set up as a smart home with outlets, switches and lights using the latest zwave technology. Property includes 2 valet parking spots, plus all Millennium Tower amenities including: doorman, 24-hour concierge, Club w/private dining and bar, outdoor terrace, screening room, golf simulation, billiard parlor, library, a 75-ft indoor pool, and FLX Wellness.

Last Agent to Sell the Property

Michael Carucci

Gibson Sotheby's International Realty Listed on: 07/21/2021

Gibson Sotheby's International Realty

Last Buyer's Agent

Gregory Agganis

Gregory Agganis

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,406

Year Built

  • 2016

HOA Fees

  • $2,966 per month

Parking

  • 2

Community Details

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$44,406

Year Built

2016

Lot Details

0

HOA Fees

$2,966 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Directions: Located at the end of Franklin Street, on the corner of Hawley and Franklin Street.
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Structure Type: High-Rise
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Total Bathrooms: 3.5
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 2001.37
  • PRICE PER Sq Ft: 1821.49
  • MAIN SO: NB3564
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Stories: 1

Exterior Features

  • Pool Features: Association
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Security: Doorman, Concierge
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 5405
  • MANAGEMENT: Professional - On Site
  • Amenities: Hot Water, Pool, Laundry, Elevator(s), Recreation Facilities, Fitness Center, Sauna/Steam, Clubroom, Parking
  • Association Fee: 2966
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Air Conditioning

Lot Info

  • PAGE: 00
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Zoning: RES

Multi Family

  • Number Of Units Total: 442

Tax Info

  • Tax Annual Amount: 39651
  • Tax Book Number: 00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Dec 27, 2021
Sold by
Legame Duplice Llc
Bought by
1 Franklin Rt
Seller's Agent
Michael Carucci
Gibson Sotheby's International Realty
Buyer's Agent
Gregory Agganis
Gregory Agganis
List Price
$4,395,000
Sold Price
$4,000,000
Premium/Discount to List
-$395,000
-8.99%
Current Estimated Value
$4,091,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,590
Avg. Annual Appreciation
2.23%
Original Mortgage
$3,000,000
Outstanding Balance
$2,781,097
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,562,113

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 15, 2017
Sold by
Mp Franklin Residentia
Bought by
Legame Duplice Llc
Seller's Agent
MP Marketing Team
MP Marketing of Massachusetts
Buyer's Agent
MP Marketing Team
MP Marketing of Massachusetts
List Price
$4,300,000
Sold Price
$4,000,000
Premium/Discount to List
-$300,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$3,000,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
1 Franklin Rt $4,000,000 None Available
Legame Duplice Llc $4,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1 Franklin Rt $3,000,000
Previous Owner Legame Duplice Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $4,000,000 -9.0% $1,821 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $4,395,000 +9.9% $2,001 / Sq Ft
08/15/2017 08/15/17 Sold $4,000,000 -7.0% $1,821 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $4,300,000 -- $1,958 / 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 $44,406 $3,834,700 $0 $3,834,700
2024 $42,562 $3,904,800 $0 $3,904,800
2023 $41,107 $3,827,500 $0 $3,827,500
2022 $40,842 $3,753,900 $0 $3,753,900
2021 $39,269 $3,680,300 $0 $3,680,300
2020 $42,614 $4,035,400 $0 $4,035,400
2019 $40,497 $3,842,256 $0 $3,842,256
2018 $39,876 $3,804,978 $0 $3,804,978
Source: Public Records

Agents Affiliated with this Home

  • Michael Carucci

    Seller's Agent in 2021

    Michael Carucci

    Gibson Sothebys International Realty

    (617) 901-7600

    6 in this area

    62 Total Sales

    Michael Carucci
    Section Image

  • G

    Buyer's Agent in 2021

    Gregory Agganis

    Gregory Agganis

    (617) 257-0190

    8 in this area

    31 Total Sales

    Gregory Agganis
    Section Image

  • M

    Seller's Agent in 2017

    MP Marketing Team

    MP Marketing of Massachusetts

See All Agents

About Millennium Tower

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72869332

MLS Property Information Network (MLS PIN)

APN: 0304590842

Massachusetts Suffolk County Boston 02108 Downtown Boston

1 Franklin St Unit 5405, Boston, MA

This home is located at 1 Franklin St Unit 5405, Boston, MA 02110 since 21 July 2021 and is currently estimated at $4,091,590, approximately $1,863 per square foot. This property was built in 2016. 1 Franklin St Unit 5405 is a home located in Suffolk County with nearby schools including St John School, Torit Montessori School, and Advent School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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