NOT LISTED FOR SALE

Ritz-Carlton Residences Tower 1 3 Avery St Unit 406 Boston, MA 02111

Boston Common Neighborhood

Estimated Value: $761,000 - $1,079,000

1 Bed
2 Baths
1,286 Sq Ft
$2,168/mo HOA Fee

Last Sold May 06, 2022

Last sale price $660,000 $513 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,502/month

59 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Chinatown Station
  • Property is near public transit
  • Medical Services
  • Clubhouse
  • Corner Lot

About This Home

As of May 2022

Welcome to the convenience of life in the heart of Boston at the Residences at the Ritz Carlton Towers. This one-bedroom condominium features on-site Concierge, Doorman and Maintenance. This corner unit offers high ceilings, floor-to-ceiling windows and views of Washington and Avery Street. With two full baths and an open floor plan this 1285 square foot unit is great for entertaining. The kitchen appliances and three HVAC Systems were updated in 2019. Residence 406 comes with access to a Laundry Room and a Library Clubroom as well as one deeded parking spot in the garage. Steps to Boston Common and dog friendly. Area attractions include movie theaters, restaurants, shopping and more!

Last Agent to Sell the Property

Will Berkeley

Coldwell Banker Realty - Hingham Listed on: 01/21/2022

Coldwell Banker Realty - Hingham

Last Buyer's Agent

Joshua Stiles

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,448

Year Built

  • Built in 2004

Lot Details

  • 1,307

HOA Fees

  • $2,168 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heat Pump System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number W:03 P:04832 S:448,4593654

Community Details

Overview

  • Association fees include heat, gas, water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, trash, air conditioning, reserve funds
  • 63 Units
  • Mid-Rise Condominium
  • The Ritz Residences Community

Amenities

  • Concierge
  • Doorman
  • Medical Services
  • Shops
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,448

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2,168 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 2004
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: In Building
  • Living Area: 1286
  • Stories Total: 1
  • MAIN LO: AN6181
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: Corner
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Doorman, Concierge
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s), Clubroom
  • Association Fee: 2168
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site, Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: W:03 P:04832 S:448,4593654
  • Zoning: CD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1306.8
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 1286
  • OUTDOOR SPACE AVAILABLE: No

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9448

Multi Family

  • Number Of Units Total: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
May 6, 2022
Sold by
Cambridge T and Berkeley
Bought by
Hamburg Joshua A
Seller's Agent
Will Berkeley
Coldwell Banker Realty - Hingham
Buyer's Agent
Joshua Stiles
Compass
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Current Estimated Value
$883,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,287
Avg. Annual Appreciation
8.56%
Original Mortgage
$528,000
Outstanding Balance
$496,020
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,267

Purchase Details

Closed on
Feb 18, 2014
Sold by
Kakas Mary
Bought by
Mary Kakas T and Mary Kakas

Purchase Details

Closed on
Sep 30, 2005
Sold by
New Mass Pc Hldg
Bought by
Kakas Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.84%
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
Hamburg Joshua A $660,000 None Available
Mary Kakas T -- --
Mary Kakas T -- --
Kakas Mary J $725,000 --
Kakas Mary J $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamburg Joshua A $528,000
Previous Owner Kakas Mary J $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $660,000 -2.8% $513 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/14/2022 03/14/22 Price Changed $679,000 -2.9% $528 / Sq Ft
01/21/2022 01/21/22 For Sale $699,000 0.0% $544 / Sq Ft
05/15/2019 05/15/19 Rented $4,200 -11.6% --
04/04/2019 04/04/19 Under Contract -- -- --
03/14/2019 03/14/19 For Rent $4,750 -- --
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 $8,197 $707,900 $0 $707,900
2024 $7,197 $660,300 $0 $660,300
2023 $7,559 $703,800 $0 $703,800
2022 $9,827 $903,200 $0 $903,200
2021 $9,448 $885,500 $0 $885,500
2020 $9,031 $855,200 $0 $855,200
2019 $8,751 $830,300 $0 $830,300
2018 $8,702 $830,300 $0 $830,300
2017 $8,815 $832,416 $0 $832,416
2016 $8,804 $800,400 $0 $800,400
2015 $8,810 $727,474 $0 $727,474
2014 $8,396 $667,407 $0 $667,407
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Will Berkeley

    Coldwell Banker Realty - Hingham

    1 in this area

    3 Total Sales

    Will Berkeley
    Section Image
  • Joshua Stiles

    Buyer's Agent in 2022

    Joshua Stiles

    Compass

    (617) 581-5907

    2 in this area

    88 Total Sales

    Joshua Stiles
    Section Image

  • A

    Buyer's Agent in 2019

    Angela Koutoulakis

    Gibson Sothebys International Realty

    Section Image
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About Ritz-Carlton Residences Tower 1

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72935880

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-004832-000448

Massachusetts Suffolk County Boston 02111 Boston Common

3 Avery St Unit 406, Boston, MA

Not Listed for Sale

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