NOT LISTED FOR SALE

Estimated Value: $644,000 - $934,000

1 Bed
1.5 Baths
1,060 Sq Ft
$1,802/mo HOA Fee

Last Sold October 31, 2022

Last sale price $645,000 $608 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,279/month

107 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Chinatown Station
  • Open Floorplan
  • Marina
  • Medical Services
  • Custom Closet System

About This Home

As of October 2022

Welcome to the Ritz-Carlton Residences in Boston! Home 509 is a 5th floor, end-of-hallway, 1060 sq. ft., East-oriented, move-in ready downtown Boston condo! The bedroom-sized Den was updated in 2021, cleverly functions as both a bedroom and an office, dining or hobby room. California Closet Murphy beds (two twins or convertible to a king) and custom fitted wardrobe make it a nifty and comfortable guest or second bedroom. Updated stainless-steel appliances, white cabinets and granite countertop in the kitchen. The living room offers entertainment space and floor-to-ceiling windows for natural light and enjoying the activity on the street below. The master bedroom features a California Closet wardrobe and vanity table and a full en-suite bathroom. Primary residents get low taxes w/ residential tax exemption. Great pied-à-terre w/ rental investment potential - HOA includes most utilities, Ritz service and resident discounts. Property is leased for $4,050.00 through 8/31/2023.

Last Agent to Sell the Property

Andrew Stuckey

Keeping It Realty Listed on: 06/07/2022

Last Buyer's Agent

Lidiya Dimova

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,774

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 871

HOA Fees

  • $1,802 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Frame Construction
  • Rubber Roof
  • Stone

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Picture Window
  • Entrance Foyer
  • Laundry Chute

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Custom Closet System
  • Bathtub with Shower

Parking

  • Attached Garage
  • Tuck Under Parking
  • Off-Street Parking
  • Rented or Permit Required
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 4 Cooling Zones
  • 4 Heating Zones
  • Heat Pump System
  • Individual Controls for Heating
  • Hot Water Heating System
  • Natural Gas Connected
  • Internet Available

Additional Features

  • Level Entry For Accessibility
  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number W:03 P:04832 S:472,4562986

Community Details

Overview

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

Amenities

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

Recreation

  • Marina
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,774

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$1,802 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 2004
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 5
  • 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

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Entrance Foyer, Laundry Chute, Internet Available - Unknown
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Freezer, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Room Bedroom2 Features: Closet/Cabinets - Custom Built, Flooring - Wood, Remodeled
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Window(s) - Picture
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry Features: Common Area, In Building
  • Room Living Room Features: Flooring - Wood, Window(s) - Picture, Open Floorplan, Recessed Lighting
  • Basement: N
  • Accessibility Features: Accessible Entrance
  • Living Area: 1060
  • Stories Total: 1
  • MAIN LO: NB4248
  • MAIN SO: AN2314

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame, Stone
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Attached Garage YN: Yes
  • Carport Y N: No
  • Garage YN: Yes
  • Parking Features: Under, Off Street, Rented, Assigned

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Individual, Unit Control
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Doorman, Concierge
  • Water Source: Public
  • HEAT ZONES: 4
  • COOLING ZONES: 4

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s), Clubroom
  • Association Fee: 1802
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: W:03 P:04832 S:472,4562986
  • Zoning: CD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 1060
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6774

Multi Family

  • Number Of Units Total: 63
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Oct 31, 2022
Sold by
Rao Prabhu K and Rao Reeta P
Bought by
Pasche Frederick J and Pasche Victoria S
Seller's Agent
Andrew Stuckey
Keeping It Realty
Buyer's Agent
Lidiya Dimova
Lamacchia Realty, Inc.
List Price
$675,000
Sold Price
$645,000
Premium/Discount to List
-$30,000
-4.44%
Views
9
Current Estimated Value
$741,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,268
Avg. Annual Appreciation
4.59%
Original Mortgage
$350,000
Outstanding Balance
$335,317
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$405,951

Purchase Details

Listed on
Mar 28, 2017
Closed on
Nov 20, 2017
Sold by
Lagana Stephen A
Bought by
Rao Prabhu K and Rao Reeta P
Seller's Agent
Myrna Rothman
Douglas Elliman Real Estate - Park Plaza
Buyer's Agent
Scott Drohan
RE/MAX Select Realty
List Price
$699,000
Sold Price
$607,500
Premium/Discount to List
-$91,500
-13.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$546,750
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
North Millennium Place
Bought by
Lagana Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pasche Frederick J $645,000 None Available
Rao Prabhu K $607,500 --
Lagana Stephen A $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasche Frederick J $350,000
Previous Owner Rao Prabhu K $546,750
Previous Owner Lagana Stephen A $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2022 10/31/22 Sold $645,000 +15825.9% $608 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/17/2022 08/17/22 Rented $4,050 +2.5% --
08/15/2022 08/15/22 Under Contract -- -- --
08/08/2022 08/08/22 Price Changed $3,950 0.0% $4 / Sq Ft
08/08/2022 08/08/22 Price Changed $649,000 0.0% $612 / Sq Ft
07/29/2022 07/29/22 Price Changed $4,500 -9.1% $4 / Sq Ft
07/08/2022 07/08/22 Price Changed $4,950 -6.6% $5 / Sq Ft
07/05/2022 07/05/22 Price Changed $5,300 -1.9% $5 / Sq Ft
06/08/2022 06/08/22 For Rent $5,400 0.0% --
06/07/2022 06/07/22 For Sale $675,000 0.0% $637 / Sq Ft
08/12/2019 08/12/19 Rented $4,300 0.0% --
08/11/2019 08/11/19 Under Contract -- -- --
07/31/2019 07/31/19 Price Changed $4,300 -4.4% $4 / Sq Ft
07/26/2019 07/26/19 For Rent $4,500 0.0% --
11/20/2017 11/20/17 Sold $607,500 -6.5% $573 / Sq Ft View Prior Sale
09/17/2017 09/17/17 Pending -- -- --
08/01/2017 08/01/17 Price Changed $650,000 -3.7% $613 / Sq Ft
06/15/2017 06/15/17 Price Changed $675,000 -3.4% $637 / Sq Ft
05/04/2017 05/04/17 For Sale $699,000 0.0% $659 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $699,000 0.0% $659 / Sq Ft
07/12/2013 07/12/13 Rented $4,900 -2.0% --
07/12/2013 07/12/13 For Rent $5,000 -- --
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 $6,888 $594,800 $0 $594,800
2024 $6,031 $553,300 $0 $553,300
2023 $5,823 $542,200 $0 $542,200
2022 $7,046 $647,600 $0 $647,600
2021 $6,774 $634,900 $0 $634,900
2020 $6,475 $613,200 $0 $613,200
2019 $6,275 $595,350 $0 $595,350
2018 $6,415 $612,100 $0 $612,100
2017 $6,498 $613,600 $0 $613,600
2016 $6,490 $590,000 $0 $590,000
2015 $7,083 $584,902 $0 $584,902
2014 $6,751 $536,607 $0 $536,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72993150

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-004832-000472