NOT LISTED FOR SALE

122 the Riverway Unit 19 Boston, MA 02215

Estimated Value: $450,000 - $597,000

1 Bed
1 Bath
393 Sq Ft
$264/mo HOA Fee

Last Sold November 16, 2022

Last sale price $420,000 $1,069 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,215/month

31 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Fenway Station
  • Courtyard
  • Property is near public transit
  • Jogging Path
  • 4-minute walk to Ramler Park

About This Home

As of November 2022

Unbelievable opportunity at lovely Riverway Square - one of the most coveted & rarely available condo properties directly on the campus of Longwood Medical Area & Boston University - in the heart of the BOOMING West Fenway corridor - steps to so many anchors of value including several other major universities. Simple math here folks - both rents & values are headed sharply in one direction - straight up. An affordable blue-chip rental asset in turn-key condition offers a perfect buying opportunity for an owner-occupant or investor alike. This penthouse 5th floor elevator unit has 4 unobstructed western windows overlooking the campus of BU w/ amazing sunsets in a parklike setting. Fully-updated kitchen, HDWD floors, a separate dining area & WI closet. Private storage, common laundry. Investors - rent this today for $2100 - realize a 4% return on cash day one & never miss a month rent.

Last Agent to Sell the Property

Michael Grappo

M. J. Grappo Realty Associates Listed on: 09/09/2022

Last Buyer's Agent

John Silk

Engel & Volkers Boston

Engel & Volkers Boston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,095

Year Built

  • Built in 1920

Lot Details

  • 392

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 393 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Courtyard

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Central Heating
  • Hot Water Heating System

Community Details

Overview

  • Association fees include heat, water, sewer, insurance
  • 118 Units
  • Mid-Rise Condominium
  • Riverway Square Condominium Community
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,095

Year Built

Built in 1920

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1920
  • Entry Level: 5
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Y
  • Living Area: 393
  • Stories Total: 1
  • MAIN LO: AC0985
  • MAIN SO: AN2593

Exterior Features

  • Exterior Features: Courtyard
  • Construction Materials: Brick
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Central, Hot Water
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 263.52
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance

Lot Info

  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4094.56

Multi Family

  • Number Of Units Total: 118
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2018
Sold by
Weisser James and Weisser Elizabeth
Bought by
Venkataramani Meenakshi and Venkataramani K
Current Estimated Value
$487,865

Purchase Details

Closed on
May 29, 2009
Sold by
Frazer Sally B
Bought by
Weisser James and Weisser Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,080
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2006
Sold by
Sutton Bonnie
Bought by
Frazer Sally B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Berard Robert
Bought by
Sutton Robert and Sutton Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1987
Sold by
Watson Mary E
Bought by
Berard Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
10.27%
Mortgage Type
Purchase Money Mortgage
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
Venkataramani Meenakshi $400,000 --
Weisser James $205,100 --
Frazer Sally B $210,000 --
Sutton Robert $183,500 --
Berard Robert $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weisser James $164,080
Previous Owner Frazer Sally B $168,000
Previous Owner Berard Robert $146,400
Previous Owner Berard Robert $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2022 11/16/22 Sold $420,000 -2.3% $1,069 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $429,900 -2.1% $1,094 / Sq Ft
09/09/2022 09/09/22 For Sale $439,000 0.0% $1,117 / Sq Ft
06/01/2017 06/01/17 Rented $1,750 0.0% --
04/29/2017 04/29/17 Under Contract -- -- --
04/25/2017 04/25/17 For Rent $1,750 +6.1% --
09/01/2015 09/01/15 Rented $1,650 -5.7% --
08/21/2015 08/21/15 Under Contract -- -- --
07/13/2015 07/13/15 For Rent $1,750 -- --
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 $4,589 $396,300 $0 $396,300
2024 $4,279 $392,600 $0 $392,600
2023 $4,091 $380,900 $0 $380,900
2022 $4,065 $373,600 $0 $373,600
2021 $3,908 $366,300 $0 $366,300
2020 $3,863 $365,800 $0 $365,800
2019 $3,407 $323,200 $0 $323,200
2018 $3,137 $299,300 $0 $299,300
2017 $3,017 $284,900 $0 $284,900
2016 $2,985 $271,400 $0 $271,400
2015 $2,725 $225,000 $0 $225,000
2014 $2,571 $204,400 $0 $204,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73034804

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000004-002005-000038